The monthly repayments are variable and the interest rate will be set at a pre-determined discount from the Society’s underlying variable rate for an initial period eg 2 or 3 years. The monthly repayment will increase or decrease in line with the Society’s decision to change its underlying variable rate. At the end of the discounted period the interest rate will revert to the Society’s underlying variable rate.
Initial variable rate for 2 years
3.55% discount off our Buy to Let Mortgage Variable Rate, then changing to
The Society's Buy To Let Mortgage Variable Rate
for the remaining term of the mortgage
The overall cost for comparison is
Product fee
PRODUCT CODE - LET128
This is a 2.24% 2 year discounted variable rate mortgage. A 25% deposit is required.
This mortgage is available for both house purchase and remortgages.
A free legal and valuation package is available for standard remortgages in England and Wales with a contribution towards legal fees in Scotland. For purchases fees are payable the applicant.
An early repayment charge will apply if you repay all or part of your mortgage within the first 2 years. This charge will be applied on a sliding scale of 2% in the first year and 1% in the second year. However a maximum of 10% overpayment is allowed in each 12 month anniversary period within the first 2 years.
The minimum loan amount is £50,000 and the maximum loan amount is £500,000.
The maximum term available is 40 years.
This mortgage has a £995 fee which can be added to the mortgage or paid up front. This product has a floor rate.
If the product fee is added to the loan it must not exceed the maximum LTV.
A mortgage of £187,500 payable over 25 years initially on a discounted rate for 2 years at 2.24% and then on our Mortgage Variable Rate (MVR) of 5.79% (variable) for the remaining 23 years would require 24 monthly payments of £350.00 and 276 monthly payments of £904.71.
The total amount payable would be £447,144.96 made up of the loan amount plus interest (£445,599,96) an Application fee of £995, a CHAPS Fee of £20.00, a Valuation fee of £305.00, a Legal fee of £105.00 and a Mortgage Discharge Fee of £120.00.
The overall cost for comparison is 5.5% APRC representative.
Please note the example above is for a house purchase on an interest only basis.
Initial variable rate for 2 years
3.30% % discount off our Buy to Let Mortgage Variable Rate, then changing to
The Society's Buy To Let Mortgage Variable Rate
for the remaining term of the mortgage
The overall cost for comparison is
Product fee
PRODUCT CODE - HLET003
This is a 2.49% 2 year discounted variable rate mortgage. A 35% deposit is required.
This mortgage is available for both house purchase and remortgages.
A free legal and valuation package is available for standard remortgages in England and Wales with a contribution towards legal fees in Scotland. For purchases fees are payable the applicant.
An early repayment charge will apply if you repay all or part of your mortgage within the first 2 years. This charge will be applied on a sliding scale of 2% in the first year and 1% in the second year. However a maximum of 10% overpayment is allowed in each 12 month anniversary period within the first 2 years.
The minimum loan amount is £50,000 and the maximum loan amount is £500,000.
The maximum term available is 40 years.
This mortgage has a £995 fee which can be added to the mortgage or paid up front. This product has a floor rate.
If the product fee is added to the loan it must not exceed the maximum LTV.
A mortgage of £163,500 payable over 25 years initially on a discounted rate for 2 years at 2.49% and then on our Mortgage Variable Rate (MVR) of 5.79% (variable) for the remaining 23 years would require 24 monthly payments of £339.26 and 276 monthly payments of £788.91.
The total amount payable would be £390,926.40 made up of the loan amount plus interest (£389,381.40) an Application fee of £995, a CHAPS Fee of £20.00, a Valuation fee of £305.00, a Legal fee of £105.00 and a Mortgage Discharge Fee of £120.00.
The overall cost for comparison is 5.5% APRC representative.
Please note the example above is for a house purchase on an interest only basis.
Initial variable rate for 2 years
3.70% discount off our Buy to Let Mortgage Variable Rate, then changing to
The Society's Buy To Let Mortgage Variable Rate
for the remaining term of the mortgage
The overall cost for comparison is
Product fee
PRODUCT CODE - LET127
This is a 2.09% 2 year discounted variable rate mortgage. A 35% deposit is required.
This mortgage is available for both house purchase and remortgages.
A free legal and valuation package is available for standard remortgages in England and Wales with a contribution towards legal fees in Scotland. For purchases fees are payable the applicant.
An early repayment charge will apply if you repay all or part of your mortgage within the first 2 years. This charge will be applied on a sliding scale of 2% in the first year and 1% in the second year. However a maximum of 10% overpayment is allowed in each 12 month anniversary period within the first 2 years.
The minimum loan amount is £50,000 and the maximum loan amount is £500,000.
The maximum term available is 40 years.
This mortgage has a £995 fee which can be added to the mortgage or paid up front. This product has a floor rate.
If the product fee is added to the loan it must not exceed the maximum LTV.
A mortgage of £162,500 payable over 25 years initially on a discounted rate for 2 years at 2.09% and then on our Mortgage Variable Rate (MVR) of 5.79% (variable) for the remaining 23 years would require 24 monthly payments of £283.02 and 276 monthly payments of £784.08.
The total amount payable would be £387,243.56 made up of the loan amount plus interest (£385,698.56) an Application fee of £995, a CHAPS Fee of £20.00, a Valuation fee of £305.00, a Legal fee of £105.00 and a Mortgage Discharge Fee of £120.00.
The overall cost for comparison is 5.5% APRC representative.
Please note the example above is for a house purchase on an interest only basis.
Initial variable rate for 2 years
2.74% discount off our Buy to Let Mortgage Variable Rate, then changing to
The Society's Buy To Let Mortgage Variable Rate
for the remaining term of the mortgage
The overall cost for comparison is
Product fee
PRODUCT CODE - CBTL07
This is a 3.05% 2 year discounted variable rate mortgage. A 35% deposit is required.
This mortgage is available for both house purchase and remortgages.
A free legal and valuation package is available for standard remortgages in England and Wales with a contribution towards legal fees in Scotland. For purchases fees are payable the applicant.
An early repayment charge will apply if you repay all or part of your mortgage within the first 2 years. This charge will be applied on a sliding scale of 2% in the first year and 1% in the second year. However a maximum of 10% overpayment is allowed in each 12 month anniversary period within the first 2 years.
The minimum loan amount is £50,000 and the maximum loan amount is £500,000.
The maximum term available is 40 years.
This mortgage has a £995 fee which can be added to the mortgage or paid up front. This product has a floor rate.
If the product fee is added to the loan it must not exceed the maximum LTV.
A mortgage of £230,000 payable over 25 years initially on a discounted rate for 2 years at 3.05% and then on our Mortgage Variable Rate (MVR) of 5.79% (variable) for the remaining 23 years would require 24 monthly payments of £584.58 and 276 monthly payments of £1,109.79.
The total amount payable would be £551,926.96 made up of the loan amount plus interest (£550,331.96) an Application fee of £995, a CHAPS Fee of £20.00, a Valuation fee of £355.00, a Legal fee of £105.00 and a Mortgage Discharge Fee of £120.00.
The overall cost for comparison is 5.6% APRC representative.
Please note the example above is for a house purchase on an interest only basis.
Initial variable rate for 2 years
3.64% discount off our Mortgage Variable Rate, then changing to
The Society’s Mortgage Variable Rate
for the remaining term of the mortgage
The overall cost for comparison is
Product fee
PRODUCT CODE - DS310
This is a 2.15% 2 year discounted variable rate mortgage. A 20% deposit is required.
This mortgage is available for both house purchase and remortgages.
A free legal and valuation package is available for standard remortgages in England and Wales with a contribution towards legal fees in Scotland. For purchases fees are payable the applicant.
There are no early repayment charges applicable on this product and therefore unlimited overpayments are allowed.
The minimum loan amount is £30,000 and the maximum loan amount is £800,000.
The maximum term available is 40 years.
This mortgage has a £999 fee which can be added to the mortgage or paid up front.
This product has a floor rate.
A mortgage of £200,000 payable over 25 years initially on a discounted rate for 2 years at 2.15% and then on our Mortgage Variable Rate (MVR) of 5.79% (variable) for the remaining 23 years would require 24 monthly payments of £862.39 and 276 monthly payments of £1,231.67.
The total amount payable would be £362,187.28 made up of the loan amount plus interest (£360.638.28) an Application fee of £999, a CHAPS Fee of £20.00, a Valuation fee of £305.00, a Legal fee of £105.00 and a Mortgage Discharge Fee of £120.00.
The overall cost for comparison is 5.3% APRC representative.
Please note the example above is for a house purchase on a capital and interest repayment basis.
Initial variable rate for 2 years
3.24% discount off our Mortgage Variable Rate, then changing to
The Society's Mortgage Variable Rate
for the remaining term of the mortgage
The overall cost for comparison is
Product fee
PRODUCT CODE - DS311
This is a 2.55% 2 year discounted variable rate mortgage. A 10% deposit is required.
This mortgage is available for both house purchase and remortgages.
A free legal and valuation package is available for standard remortgages in England and Wales with a contribution towards legal fees in Scotland. For purchases fees are payable the applicant.
An early repayment charge will apply if you repay all or part of your mortgage within the first 2 years. This charge will be applied on a sliding scale of 2% in the first year and 1% in the second year. However a maximum of 10% overpayment is allowed in each 12 month anniversary period within the first 2 years.
The minimum loan amount is £30,000 and the maximum loan amount is £750,000.
The maximum term available is 40 years.
This mortgage has a £999 fee which can be added to the mortgage or paid up front.
This product has a floor rate.
A mortgage of £180,000 payable over 25 years initially on a discounted rate for 2 years at 2.55% and then on our Mortgage Variable Rate (MVR) of 5.79% (variable) for the remaining 23 years would require 24 monthly payments of £812.05 and 276 monthly payments of £1,112.12.
The total amount payable would be £327,948.32 made up of the loan amount plus interest (£326,434.32) an Application fee of £995, a CHAPS Fee of £20.00, a Valuation fee of £270.00, a Legal fee of £105.00 and a Mortgage Discharge Fee of £120.00.
The overall cost for comparison is 5.4% APRC representative.
Please note the example above is for a house purchase on a capital and interest repayment basis.
Initial variable rate for 2 years
4.05% discount off our Mortgage Variable Rate, then changing to
The Society’s Mortgage Variable Rate
for the remaining term of the mortgage
The overall cost for comparison is
Product fee
PRODUCT CODE - DS309
This is a 1.74% 2 year discounted variable rate mortgage. A 20% deposit is required.
This mortgage is available for both house purchase and remortgages.
A free legal and valuation package is available for standard remortgages in England and Wales with a contribution towards legal fees in Scotland. For purchases fees are payable the applicant.
An early repayment charge will apply if you repay all or part of your mortgage within the first 2 years. This charge will be applied on a sliding scale of 2% in the first year and 1% in the second year. However a maximum of 10% overpayment is allowed in each 12 month anniversary period within the first 2 years.
The minimum loan amount is £30,000 and the maximum loan amount is £800,000.
The maximum term available is 40 years.
This mortgage has a £999 fee which can be added to the mortgage or paid up front.
This product has a floor rate.
A mortgage of £155,000 payable over 25 years initially on a discounted rate for 2 years at 1.74% and then on our Mortgage Variable Rate (MVR) of 5.79% (variable) for the remaining 23 years would require 24 monthly payments of £637.53 and 276 monthly payments of £951.24.
The total amount payable would be £279,356.96 made up of the loan amount plus interest (£277,842.96) an Application fee of £999, a CHAPS Fee of £20.00, a Valuation fee of £195.00, a Legal fee of £105.00 and a Mortgage Discharge Fee of £120.00.
The overall cost for comparison is 5.2% APRC representative.
Please note the example above is for a house purchase on a repayment basis.
Initial variable rate for 2 years
2.55% discount off our Mortgage Variable Rate, then changing to
The Society’s Mortgage Variable Rate, currently
for the remaining term of the mortgage
The overall cost for comparison is
Product fee
PRODUCT CODE - DS312
This is a 3.24% 2 year discounted variable rate mortgage. A 5% deposit is required.
This mortgage is available for both house purchase and remortgages.
£300 Cashback payable on completion
A free legal and valuation package is available for standard remortgages in England and Wales with a contribution towards legal fees in Scotland. For purchases fees are payable by the applicant.
An early repayment charge will apply if you repay all or part of your mortgage within the first 2 years. This charge will be applied on a sliding scale of 2% in the first year and 1% in the second year. However a maximum of 10% overpayment is allowed in each 12 month anniversary period within the first 2 years.
The minimum loan amount is £30,000 and the maximum loan amount is £500,000.
The maximum term available is 40 years.
This product has a floor rate.
A mortgage of £150,000 payable over 25 years initially on a discounted rate for 2 years at 3.24% and then on our Mortgage Variable Rate (MVR) of 5.79% (variable) for the remaining 23 years would require 24 monthly payments of £730.18 and 276 monthly payments of £931.72.
The total amount payable would be £275,194.04 made up of the loan amount plus interest (£274,679.04) an Application fee of £0, a CHAPS Fee of £20.00, a Valuation fee of £270.00, a Legal fee of £105.00 and a Mortgage Discharge Fee of £120.00.
The overall cost for comparison is 5.5% APRC representative.
Please note the example above is for a house purchase on a repayment basis.
Initial variable rate for 2 years
3.60% discount off our Mortgage Variable Rate, then changing to
The Society’s Mortgage Variable Rate
for the remaining term of the mortgage
The overall cost for comparison is
Product fee
PRODUCT CODE - DS313
This is a 2.19% 2 year discounted variable rate mortgage. A 20% deposit is required.
This mortgage is available for both house purchase and remortgages.
A free legal and valuation package is available for standard remortgages in England and Wales with a contribution towards legal fees in Scotland. For purchases fees are payable the applicant.
An early repayment charge will apply if you repay all or part of your mortgage within the first 2 years. This charge will be applied on a sliding scale of 2% in the first year and 1% in the second year. However a maximum of 10% overpayment is allowed in each 12 month anniversary period within the first 2 years.
The minimum loan amount is £30,000 and the maximum loan amount is £800,000.
The maximum term available is 40 years.
This product has a floor rate.
Representative Example
A mortgage of £155,000 payable over 25 years initially on a discounted rate for 2 years at 2.19% and then on our Mortgage Variable Rate (MVR) of 5.79% (variable) for the remaining 23 years would require 24 monthly payments of £671.41 and 276 monthly payments of £954.86.
The total amount payable would be £280,170.20 made up of the loan amount plus interest (£279,655.20), a CHAPS Fee of £20.00, a Valuation fee of £270.00, a Legal fee of £105.00 and a Mortgage Discharge Fee of £120.00.
The overall cost for comparison is 5.3% APRC representative.
Please note the example above is for a house purchase on a repayment basis
Initial variable rate for 2 years
1.05% discount off our Mortgage Variable Rate, then changing to
The Society's Mortgage Variable Rate
for the remaining term of the mortgage
The overall cost for comparison is
Product fee
PRODUCT CODE - STD36
This is a 4.74% 2 year discounted variable rate mortgage. A 20% deposit is required.
This product is only available for self-build mortgages and is exclusive to BuildLoan.
An early repayment charge will apply if you repay all or part of your mortgage within the first 2 years. This charge will be applied on a sliding scale of 2% in the first year and 1% in the second year. However a maximum of 10% overpayment is allowed in each 12 month anniversary period within the first 2 years.
If the build completes within the initial 2 year period then the customer will be able to switch to one of the Society's residential products.
The minimum loan amount is £50,000 and the maximum loan amount is £500,000.
The maximum term available is 40 years.
This mortgage has a £1,500 fee which can be added to the mortgage or paid up front.
This product is an arrears stage payment mortgage meaning funds are released at the end of each stage.
This product has a floor rate of 3.00%
A mortgage of £200,000 payable over 25 years initially on a discounted rate for 2 years at 4.74% and then on our Mortgage Variable Rate (MVR) of 5.79% (variable) for the remaining 23 years would require 24 monthly payments of £1,147.74 and 276 monthly payments of £1,264.75.
The total amount payable would be £377,146.76 made up of the loan amount plus interest (£375,096.76) an Application fee of £1,500.00, a CHAPS Fee of £20.00, a Valuation fee of £305.00, a Legal fee of £105.00 and a Mortgage Discharge Fee of £120.00.
The overall cost for comparison is 5.8% APRC representative.
Please note the example above is for a house purchase on a capital and interest repayment basis.
Initial variable rate for 2 years
0.59% discount off our Mortgage Variable Rate, then changing to
The Society’s Mortgage Variable Rate
for the remaining term of the mortgage
The overall cost for comparison is
Product fee
PRODUCT CODE - STD38
This is a 5.20% 2 year discounted variable rate mortgage. A 20% deposit is required.
This product is only available for self-build mortgages and is exclusive to BuildLoan..
An early repayment charge will apply if you repay all or part of your mortgage within the first 2 years. This charge will be applied on a sliding scale of 2% in the first year and 1% in the second year. However a maximum of 10% overpayment is allowed in each 12 month anniversary period within the first 2 years.
If the build completes within the initial 2 year period then the customer will be able to switch to one of the Society's residential products.
The minimum loan amount is £50,000 and the maximum loan amount is £500,000.
The maximum term available is 40 years.
This mortgage has a £1,500 fee which can be added to the mortgage or paid up front.
This product is an advance stage payment mortgage meaning funds are released at the start of each stage.
This product has a floor rate of 3.00%
A mortgage of £200,000 payable over 25 years initially on a discounted rate for 2 years at 5.20% and then on our Mortgage Variable Rate (MVR) of 5.79% (variable) for the remaining 23 years would require 24 monthly payments of £1,201.67 and 276 monthly payments of £1,268.36.
The total amount payable would be £379,437.44 made up of the loan amount plus interest (£377,387.44) an Application fee of £1,500.00, a CHAPS Fee of £20.00, a Valuation fee of £305.00, a Legal fee of £105.00 and a Mortgage Discharge Fee of £120.00.
The overall cost for comparison is 5.9% APRC representative.
Please note the example above is for a house purchase on a capital and interest repayment basis.
Initial variable rate for 2 years
0.30% discount off our Mortgage Variable Rate, then changing to
The Society’s Mortgage Variable Rate
for the remaining term of the mortgage
The overall cost for comparison is
Product fee
PRODUCT CODE - STD37
This is a 5.49% 2 year discounted variable rate mortgage. A 20% deposit is required.
This product is only available for self-build mortgages and is exclusive to BuildLoan.
An early repayment charge will apply if you repay all or part of your mortgage within the first 2 years. This charge will be applied on a sliding scale of 2% in the first year and 1% in the second year. However a maximum of 10% overpayment is allowed in each 12 month anniversary period within the first 2 years.
If the build completes within the initial 2 year period then the customer will be able to switch to one of the Society's residential products.
The minimum loan amount is £50,000 and the maximum loan amount is £500,000.
The maximum term available is 40 years.
This mortgage has no product fee.
This product is an arrears stage payment mortgage meaning funds are released at the end of each stage.
This product has a floor rate of 3.00%
A mortgage of £200,000 payable over 25 years initially on a discounted rate for 2 years at 5.49% and then on our Mortgage Variable Rate (MVR) of 5.79% (variable) for the remaining 23 years would require 24 monthly payments of £1,227.10 and 276 monthly payments of £1,261.09.
The total amount payable would be £378,041.24 made up of the loan amount plus interest (£377,491.24), a CHAPS Fee of £20.00, a Valuation fee of £305.00, a Legal fee of £105.00 and a Mortgage Discharge Fee of £120.00.
The overall cost for comparison is 5.9% APRC representative.
Please note the example above is for a house purchase on a capital and interest repayment basis.
Initial variable rate for 2 years
0.04% discount off our Mortgage Variable Rate, then changing to
The Society’s Mortgage Variable Rate
for the remaining term of the mortgage
The overall cost for comparison is
Product fee
PRODUCT CODE - STD39
This is a 5.75% 2 year discounted variable rate mortgage. A 20% deposit is required.
This product is only available for self-build mortgages and is exclusive to BuildLoan.
An early repayment charge will apply if you repay all or part of your mortgage within the first 2 years. This charge will be applied on a sliding scale of 2% in the first year and 1% in the second year. However a maximum of 10% overpayment is allowed in each 12 month anniversary period within the first 2 years.
If the build completes within the initial 2 year period then the customer will be able to switch to one of the Society's residential products.
The minimum loan amount is £50,000 and the maximum loan amount is £500,000.
The maximum term available is 40 years.
This mortgage has no product fee.
This product is an advance stage payment mortgage meaning funds are released at the start of each stage.
This product has a floor rate of 3.00%
A mortgage of £200,000 payable over 25 years initially on a discounted rate for 2 years at 5.75% and then on our Mortgage Variable Rate (MVR) of 5.79% (variable) for the remaining 23 years would require 24 monthly payments of £1,258.34 and 276 monthly payments of £1,262.98.
The total amount payable would be £379,312.64 made up of the loan amount plus interest (£378,762.64) , a CHAPS Fee of £20.00, a Valuation fee of £305.00, a Legal fee of £105.00 and a Mortgage Discharge Fee of £120.00.
The overall cost for comparison is 6.0% APRC representative.
Please note the example above is for a house purchase on a capital and interest repayment basis.
Initial variable rate for 2 years
2.14% discount off our Buy to Let Mortgage Variable Rate, then changing to
The Society's Buy To Let Mortgage Variable Rate
for the remaining term of the mortgage
The overall cost for comparison is
Product fee
PRODUCT CODE - LET105
This is a 3.65% 2 year discounted variable rate mortgage. A 35% deposit is required.
This mortgage is available for both house purchase and remortgages.
A free legal and valuation package is available for standard remortgages in England and Wales with a contribution towards legal fees in Scotland. For purchases fees are payable the applicant.
An early repayment charge will apply if you repay all or part of your mortgage within the first 2 years. This charge will be applied on a sliding scale of 2% in the first year and 1% in the second year. However a maximum of 10% overpayment is allowed in each 12 month anniversary period within the first 2 years.
The minimum loan amount is £30,000 and the maximum loan amount is £500,000.
The maximum term available is 40 years.
This mortgage has a £995 fee which can be added to the mortgage or paid up front. This product has a floor rate.
If the product fee is added to the loan it must not exceed the maximum LTV.
A mortgage of £175,000 payable over 25 years initially on a discounted rate for 2 years at 3.65% and then on our Mortgage Variable Rate (MVR) of 5.79% (variable) for the remaining 23 years would require 24 monthly payments of £520.25 and 276 monthly payments of £825.32.
The total amount payable would be £411,844.32 made up of the loan amount plus interest (£410,299.32) an Application fee of £995, a CHAPS Fee of £20.00, a Valuation fee of £280.00, a Legal fee of £105.00 and a Mortgage Discharge Fee of £120.00.
The overall cost for comparison is 5.7% APRC representative.
Please note the example above is for a house purchase on an interest only basis.
Initial variable rate for 2 years
1.89% discount off our Buy to Let Mortgage Variable Rate, then changing to
The Society's Buy To Let Mortgage Variable Rate
for the remaining term of the mortgage
Overall rate for comparison
Product fee
PRODUCT CODE - LET110
This is a 3.90% 2 year discounted variable rate mortgage. A 25% deposit is required.
This mortgage is available for both house purchase and remortgages.
A free legal and valuation package is available for standard remortgages in England and Wales with a contribution towards legal fees in Scotland. For purchases fees are payable the applicant.
An early repayment charge will apply if you repay all or part of your mortgage within the first 2 years. This charge will be applied on a sliding scale of 2% in the first year and 1% in the second year. However a maximum of 10% overpayment is allowed in each 12 month anniversary period within the first 2 years.
The minimum loan amount is £30,000 and the maximum loan amount is £500,000.
The maximum term available is 40 years.
This mortgage has a £995 fee which can be added to the mortgage or paid up front. This product has a floor rate.
If the product fee is added to the loan it must not exceed the maximum LTV.
A mortgage of £170,000 payable over 25 years initially on a discounted rate for 2 years at 3.90% and then on our Mortgage Variable Rate (MVR) of 5.79% (variable) for the remaining 23 years would require 24 monthly payments of £555.88 and 276 monthly payments of £825.33.
The total amount payable would be £412,292.20 made up of the loan amount plus interest (£410,782.20) an Application fee of £995, a CHAPS Fee of £20.00, a Valuation fee of £270.00, a Legal fee of £105.00 and a Mortgage Discharge Fee of £120.00.
The overall cost for comparison is 5.7% APRC representative.
Please note the example above is for a house purchase on an interest only basis.
Initial variable rate for 2 years
2.15% discount off our Buy to Let Mortgage Variable Rate, then changing to
The Society's Buy To Let Mortgage Variable Rate
for the remaining term of the mortgage
The overall cost for comparison is
Product fee
PRODUCT CODE - CBTL3
This is a 3.64% 2 year discounted variable rate mortgage. A 25% deposit is required.
This mortgage is available for both house purchase and remortgages.
A free legal and valuation package is available for standard remortgages in England and Wales with a contribution towards legal fees in Scotland. For purchases fees are payable the applicant.
An early repayment charge will apply if you repay all or part of your mortgage within the first 2 years. This charge will be applied on a sliding scale of 2% in the first year and 1% in the second year. However a maximum of 10% overpayment is allowed in each 12 month anniversary period within the first 2 years. Please check ERC and vary accordingly
The minimum loan amount is £30,000 and the maximum loan amount is £500,000.
The maximum term available is 40 years.
This mortgage has a £995 fee which can be added to the mortgage or paid up front. This product has a floor rate.
If the product fee is added to the loan it must not exceed the maximum LTV.
A mortgage of £120,000 payable over 25 years initially on a discounted rate for 2 years at 3.64% and then on our Mortgage Variable Rate (MVR) of 5.79% (variable) for the remaining 23 years would require 24 monthly payments of £364.00 and 276 monthly payments of £579.04.
The total amount payable would be £290,061.04 made up of the loan amount plus interest (£288,551.04) an Application fee of £995, a CHAPS Fee of £20.00, a Valuation fee of £270.00, a Legal fee of £105.00 and a Mortgage Discharge Fee of £120.00.
The overall cost for comparison is 5.7% APRC representative.
Please note the example above is for a house purchase on an interest only basis.
Initial variable rate for 2 years
2.15% discount off our Buy to Let Mortgage Variable Rate, then changing to
The Society's Buy To Let Mortgage Variable Rate
for the remaining term of the mortgage
The overall cost for comparison is
Product fee
PRODUCT CODE - HLET002
This is a 3.64% 2 year discounted variable rate mortgage. A 25% deposit is required.
This mortgage is available for both house purchase and remortgages.
A free legal and valuation package is available for standard remortgages in England and Wales with a contribution towards legal fees in Scotland. For purchases fees are payable the applicant.
An early repayment charge will apply if you repay all or part of your mortgage within the first 2 years. This charge will be applied on a sliding scale of 2% in the first year and 1% in the second year. However a maximum of 10% overpayment is allowed in each 12 month anniversary period within the first 2 years. Please check ERC and vary accordingly
The minimum loan amount is £50,000 and the maximum loan amount is £500,000.
The maximum term available is 40 years.
This mortgage has a £995 fee which can be added to the mortgage or paid up front. This product has a floor rate.
If the product fee is added to the loan it must not exceed the maximum LTV.
A mortgage of £187,500 payable over 25 years initially on a discounted rate for 2 years at 3.64% and then on our Mortgage Variable Rate (MVR) of 5.79% (variable) for the remaining 23 years would require 24 monthly payments of £568.75 and 276 monthly payments of £904.72.
The total amount payable would be £452,397.72 made up of the loan amount plus interest (£450,852.72) an Application fee of £995, a CHAPS Fee of £20.00, a Valuation fee of £305.00, a Legal fee of £105.00 and a Mortgage Discharge Fee of £120.00.
The overall cost for comparison is 5.7% APRC representative.
Please note the example above is for a house purchase on an interest only basis.
Initial variable rate for 2 years
0.55% discount off our Mortgage Variable Rate
A revert rate does not apply to this product as it has a maximum 2 year term
The overall cost for comparison is
Product fee
PRODUCT CODE - BRF05
This is a 5.24% 2 year discounted variable rate mortgage. A 40% deposit is required.
This mortgage is available for both house purchase and remortgages.
There is no early repayment charge for this mortgage and no restriction on overpayments.
The minimum loan amount is £30,000 and the maximum loan amount is £500,000.
The maximum term available is 2 years.
Please Note:
Applications will need to meet the Society’s standard lending criteria.
Repayments will be required throughout the term of the mortgage and interest will not be rolled up.
This mortgage has a £1,499 fee which can be added to the mortgage or paid up front. If adding the fee to the loan amount this must not exceed the maximum LTV. This product has a floor rate.
A mortgage of £90,000 payable over 2 years initially on a discounted rate for 2 years at 5.24% would require 24 monthly payments of £393.00.
The total amount payable would be £101,426 made up of the loan amount plus interest (£99,432) an Application fee of £1,499, a Valuation fee of £270, a Legal fee of £105 and a Mortgage Discharge Fee of £120.
The overall cost for comparison is 6.6% APRC representative.
Please note the example above is for a house purchase on an interest only basis.
Initial variable rate for 2 years
The Society's Mortgage Variable Rate plus 0.44%
A revert rate does not apply to this product as it has a maximum 2 year term
The overall cost for comparison is
Product fee
PRODUCT CODE - BRF06
This is a 6.04% 2 year discounted variable rate mortgage. A 40% deposit is required.
This mortgage is available for both house purchase and remortgages.
There is no early repayment charge for this mortgage and no restriction on overpayments.
The minimum loan amount is £30,000 and the maximum loan amount is £500,000.
The maximum term available is 2 years.
Please Note:
Applications will need to meet the Society’s standard lending criteria.
Repayments will be required throughout the term of the mortgage and interest will not be rolled up.
This mortgage has a £499 fee which can be added to the mortgage or paid up front. If adding the fee to the loan amount this must not exceed the maximum LTV. This product has a floor rate.
A mortgage of £90,000 payable over 2 years initially on a discounted rate for 2 years at 6.04% would require 24 monthly payments of £453.00.
The total amount payable would be £101,866.00 made up of the loan amount plus interest (£100,872.00) an Application fee of £499, a Valuation fee of £270.00, a Legal fee of £105.00, and a Mortgage Discharge Fee of £120.00.
The overall cost for comparison is 6.8% APRC representative.
Please note the example above is for a house purchase on an interest only basis..
