Discount

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.

1.39% for 2 years Discount - LTV 60%

Initial rate for 2 years

1.39%

4.40% discount off our Mortgage Variable Rate, then changing to

The Society's Mortgage Variable Rate currently

5.79%

for the remaining term of the mortgage

The overall cost for comparison is

5.2% APRC

Product fee

£999

More Information

Mortgage Helpline

0800 220 568

Talk to us

PRODUCT CODE - DS319

This is a 1.39% 2 year discounted variable rate mortgage.  A 40% 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 3% in the first year and 2% 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 £1,000,000.

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.

Representative Example

A mortgage of £160,000 payable over 25 years initially on a discount rate for 2 years at 1.39% and then on our Mortgage Variable Rate (MVR) of 5.79% (variable) for the remaining 23 years would require 24 monthly payments of £635.68  and 276 monthly payments of £985.15.

The total amount payable would be £287,687.72 made up of the loan amount plus interest (£286,243.72) an Application fee of £999, a CHAPS Fee of £20, a Valuation fee of £305 and a Mortgage Discharge Fee of £120.

The overall cost for comparison is 5.2% APRC representative.

Please note the example above is for a house purchase on a repayment basis.

Product Transfer 2.34% for 2 years Discount - LTV 90%

Initial variable rate for 2 years

2.34%

3.45% discount off our Mortgage Variable Rate, then changing to

The Society's Mortgage Variable Rate currently

5.79%

for the remaining term of the mortgage

The overall cost for comparison is

5.2% APRC

Product fee

£0

More Information

Mortgage Helpline

0800 220 568

Talk to us

PRODUCT CODE – RDS36

This is a 2.34% 2 year discounted variable rate mortgage.  10% equity required.

This mortgage is available for product transfers.

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.

This product has a floor rate.

Representative Example

A mortgage of £120,000 payable over 23 years initially on a discounted rate for 2 years at 2.34% and then on our Mortgage Variable Rate (MVR) of 5.79% (variable) for the remaining 21 years would require 24 monthly payments of £562.64 and 252 monthly payments of £768.60.

The total amount payable would be £207,310.56 made up of the loan amount plus interest (£87,310.56) 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 product transfer on a repayment basis.

Product Transfer 2.70% for 2 years Discount - LTV 100%

Initial variable rate for 2 years

2.70%

3.09% discount off our Mortgage Variable Rate, then changing to ..

The Society's Mortgage Variable Rate currently

5.79%

for the remaining term of the mortgage

The overall cost for comparison is

5.3% APRC

Product fee

£0

More Information

Mortgage Helpline

0800 220 568

Talk to us

PRODUCT CODE – RDS37

This is a 2.70% 2 year discounted variable rate mortgage. 

This mortgage is available for product transfers.

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.

This product has a floor rate.

Representative Example

A mortgage of £120,000 payable over 23 years initially on a discounted rate for 2 years at 2.70% and then on our Mortgage Variable Rate (MVR) of 5.79% (variable) for the remaining 21 years would require 24 monthly payments of £584.14 and 252 monthly payments of £770.86.

The total amount payable would be £208,396.08 made up of the loan amount plus interest (£88,396.08) 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 product transfer on a repayment basis.

2.99% for 2 years with £1,500 Cashback Discount - LTV 95%

Initial variable rate for 2 years

2.99%

2.80% discount off our Mortgage Variable Rate, then changing to

The Society's Mortgage Variable Rate currently

5.79%

for the remaining term of the mortgage

The overall cost for comparison is

5.4% APRC

Product fee

£0

More Information

Mortgage Helpline

0800 220 568

Talk to us

PRODUCT CODE - DS317

This is a 2.99% 2 year discounted variable rate mortgage.  A 5% deposit is required.

A £1,500 cashback is payable on completion.  This mortgage is available for both house purchase and remortgages.

Legal and Valuation fees are paid by the Society for remortgages (option of £150 contribution for legal fees and maximum free valuation fee is £665)  Scottish properties are subject to £150 legal fee contribution only). For purchases fees are payable the applicant 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 property valuation is £125,000 (£50,000 in Cumbria and Lancashire).  The minimum loan amount is £30,000 and the maximum loan amount is £500,000.

The maximum term available is 40 years.

Representative Example

A mortgage of £150,000 payable over 25 years initially on a discount rate for 2 years at 2.99% and then on our Mortgage Variable Rate (MVR) of 5.79% (variable) for the remaining 23 years would require 24 monthly payments of £710.63 and 276 monthly payments of £930.07.

The total amount payable would be £274,249.44 made up of the loan amount plus interest (£273,839.44)  a CHAPS Fee of £20.00, a Valuation fee of £270.00, 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 repayment basis.

1.55% for 2 years Discount - LTV 80%

Initial rate for 2 years

1.55%

4.24% discount off our Mortgage Variable Rate, then changing to

The Society's Mortgage Variable Rate

5.79%

for the remaining term of the mortgage

The overall cost for comparison is

5.2% APRC

Product fee

£999

More Information

Mortgage Helpline

0800 220 568

Talk to us

PRODUCT CODE - DS314

This is a 1.55% 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.

Representative Example

A mortgage of £155,000 payable over 25 years initially on a discounted rate for 2 years at 1.55% and then on our Mortgage Variable Rate (MVR) of 5.79% (variable) for the remaining 23 years would require 24 monthly payments of £627.65 and 276 monthly payments of £955.91.

The total amount payable would be £279,389.76 made up of the loan amount plus interest (£277,875.76) 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 5.2% APRC representative.

Please note the example above is for a house purchase on a capital and interest repayment basis.

2.15% for 2 years Discount - LTV 80%

Initial variable rate for 2 years

2.15%

3.64% discount off our Mortgage Variable Rate, then changing to

The Society’s Mortgage Variable Rate

5.79%

for the remaining term of the mortgage

The overall cost for comparison is

5.3% APRC

Product fee

£999

More Information

Mortgage Helpline

0800 220 568

Talk to us

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.

Representative Example

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.

2.19% for 2 years Discount - LTV 80%

Initial variable rate for 2 years

2.19%

3.60% discount off our Mortgage Variable Rate, then changing to

The Society’s Mortgage Variable Rate

5.79%

for the remaining term of the mortgage

The overall cost for comparison is

5.3% APRC

Product fee

FREE

More Information

Mortgage Helpline

0800 220 568

Talk to us

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

2.24% for 2 years Discount - LTV 90%

Initial Rate for 2 years

2.24%

3.55% discount off our Mortgage Variable Rate, then changing to

The Society’s Mortgage Variable Rate

5.79%

for the remaining term of the mortgage

The overall cost for comparison is

5.3% APRC

Product fee

£999

More Information

Mortgage Helpline

0800 220 568

Talk to us

PRODUCT CODE - DS315

This is a 2.24% 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.

Representative Example

A mortgage of £180,000 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 £788.58 and 276 monthly payments of £1,115.60.

The total amount payable would be £327,326.52 made up of the loan amount plus interest (£325,812.52) 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.

2.69% for 2 years Discount - LTV 95%

Initial variable rate for 2 years

2.69%

3.10% discount off our Mortgage Variable Rate, then changing to

The Society’s Mortgage Variable Rate, currently

5.79%

for the remaining term of the mortgage

The overall cost for comparison is

5.4% APRC

Product fee

£0

More Information

Mortgage Helpline

0800 220 568

Talk to us

PRODUCT CODE - DS316

This is a 2.69% 2 year discounted variable rate mortgage.  A 5% deposit is required.

This mortgage is available for both house purchase and remortgages.

£500 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 valuation is £125,000 (£50,000 in Cumbria and Lancashire) . The minimum loan amount is £30,000 and the maximum loan size is £500,000.

The maximum term available is 40 years.

This product has a floor rate.

Representative Example

 

A mortgage of £150,000 payable over 25 years initially on a discounted rate for 2 years at 2.69% and then on our Mortgage Variable Rate (MVR) of 5.79% (variable) for the remaining 23 years would require 24 monthly payments of £687.46  and 276 monthly payments of £927.91.

 

The total amount payable would be £273,097.20 made up of the loan amount plus interest (272,582.20) 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 5.4% APRC representative.

 

Please note the example above is for a house purchase on a repayment basis.

2.09% for 2 years (Unregulated BTL) Discount - LTV 65%

Initial variable rate for 2 years

2.09%

3.70% discount off our Buy to Let Mortgage Variable Rate, then changing to

The Society's Buy To Let Mortgage Variable Rate

5.79%

for the remaining term of the mortgage

The overall cost for comparison is

5.5% APRC

Product fee

£995

More Information

Mortgage Helpline

0800 220 568

Talk to us

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.

Representative Example

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.

2.54% for 2 years (Unregulated BTL) Discount - LTV 75%

Initial variable rate for 2 years

2.54%

3.25% discount off our Buy to Let Mortgage Variable Rate, then changing to

The Society's Buy To Let Mortgage Variable Rate

5.79%

for the remaining term of the mortgage

The overall cost for comparison is

5.5% APRC

Product fee

£995

More Information

Mortgage Helpline

0800 220 568

Talk to us

PRODUCT CODE - LET129

This is a 2.54% 2 year discounted variable rate mortgage.  A 25% deposit is required.

This mortgage is available for both Buy to Let purchases 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.

Representative Example

A mortgage of £195,000 payable over 25 years initially on a discounted rate for 2 years at 2.54% and then on our Buy to Let Mortgage Variable Rate (MVR) of 5.79% (variable) for the remaining 23 years would require 24 monthly payments of £414.90 and 276 monthly payments of £945.78.

 

The total amount payable would be £467,537.88 made up of the loan amount plus interest (£465,992.88) an Application fee of £995, a CHAPS Fee of £20, a Valuation fee of £305, a Legal fee of £105 and a Mortgage Discharge Fee of £120.

 

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.

3.65% for 2 years (Family BTL) - Max loan size of £500,000 Discount - LTV 65%

Initial variable rate for 2 years

3.65%

2.14% discount off our Buy to Let Mortgage Variable Rate, then changing to

The Society's Buy To Let Mortgage Variable Rate

5.79%

for the remaining term of the mortgage

The overall cost for comparison is

5.7% APRC

Product fee

£995

More Information

Mortgage Helpline

0800 220 568

Talk to us

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.

Representative Example

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.

3.90% for 2 years (Family BTL) Discount - LTV 75%

Initial variable rate for 2 years

3.90%

1.89% discount off our Buy to Let Mortgage Variable Rate, then changing to

The Society's Buy To Let Mortgage Variable Rate

5.79%

for the remaining term of the mortgage

Overall rate for comparison

5.7% APRC

Product fee

£995

More Information

Mortgage Helpline

0800 220 568

Talk to us

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.

Representative Example

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.

2.09% for 2 years (Consumer BTL) Discount - LTV 65%

Initial variable rate for 2 years

2.09%

3.70% discount off our Buy to Let Mortgage Variable Rate, then changing to

The Society's Buy To Let Mortgage Variable Rate

5.79%

for the remaining term of the mortgage

The overall cost for comparison is

5.5% APRC

Product fee

£1,250

More Information

Mortgage Helpline

0800 220 568

Talk to us

PRODUCT CODE - CBTL08

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 3% in the first year and 2% 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 £1,250 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.

Representative Example

A mortgage of £200,000 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 £350.55 and 276 monthly payments of £971.13.

The total amount payable would be £477,835.08 made up of the loan amount plus interest (£476,445.08) an Application fee of £1,250, a CHAPS Fee of £20.00 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 remortgage on an interest only basis.

2.54% for 2 years (Consumer BTL) Discount - LTV 75%

Initial variable rate for 2 years

2.54%

3.25% discount off our Buy to Let Mortgage Variable Rate, then changing to

The Society's Buy To Let Mortgage Variable Rate

5.79%

for the remaining term of the mortgage

The overall cost for comparison is

5.5% APRC

Product fee

£1,250

More Information

Mortgage Helpline

0800 220 568

Talk to us

PRODUCT CODE - CBTL09

This is a 2.54% 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 3% in the first year and 2% 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 £1,250 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.

Representative Example

A mortgage of £200,000 payable over 25 years initially on a discounted rate for 2 years at 2.54% and then on our Mortgage Variable Rate (MVR) of 5.79% (variable) for the remaining 23 years would require 24 monthly payments of £426.02 and 276 monthly payments of £971.13.

The total amount payable would be £479,646.36 made up of the loan amount plus interest (£478,256.36) an Application fee of £1,250.00, a CHAPS Fee of £20.00 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 remortgage on an interest only basis.

2.49% for 2 years Holiday Let Discount - LTV 65%

Initial variable rate for 2 years

2.49%

3.30% % discount off our Buy to Let Mortgage Variable Rate, then changing to

The Society's Buy To Let Mortgage Variable Rate

5.79%

for the remaining term of the mortgage

The overall cost for comparison is

5.5% APRC

Product fee

£995

More Information

Mortgage Helpline

0800 220 568

Talk to us

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.

Representative Example

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.

3.84% for 2 years Holiday Let Discount - LTV 75%

Initial variable rate for 2 years

3.84%

1.95% discount off our Buy to Let Mortgage Variable Rate, then changing to

The Society's Buy To Let Mortgage Variable Rate

5.79%

for the remaining term of the mortgage

The overall cost for comparison is

5.7% APRC

Product fee

£995

More Information

Mortgage Helpline

0800 220 568

Talk to us

PRODUCT CODE - HLET004

This is a 3.84% 2 year discounted variable rate mortgage.  A 25% deposit is required.

This mortgage is available for both holiday let purchases 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.

Representative Example

A mortgage of £195,000 payable over 25 years initially on a discounted rate for 2 years at 3.84% and then on our Buy to Let Mortgage Variable Rate (MVR) of 5.79% (variable) for the remaining 23 years would require 24 monthly payments of £627.25 and 276 monthly payments of £945.79.

 

The total amount payable would be £472,637.04 made up of the loan amount plus interest (£471,092.04) an Application fee of £995, a CHAPS Fee of £20, a Valuation fee of £305, a Legal fee of £105 and a Mortgage Discharge Fee of £120.

 

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.

4.24% for 2 years (Short Term Lending) Discount - LTV 60%

Initial variable rate for 2 years

4.24%

1.55% discount off our Mortgage Variable Rate

A revert rate does not apply to this product as it has a maximum 2 year term

0.00%

The overall cost for comparison is

5.1% APRC

Product fee

£1,499

More Information

Mortgage Helpline

0800 220 568

Talk to us

PRODUCT CODE - STL001

This is a 4.24% 2 year discounted variable rate mortgage.  A 40% 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 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.

Representative Example

A mortgage of £150,000 payable over 2 years initially on a discounted rate for 2 years at 4.24% would require 24 monthly payments of £535.37.

 

The total amount payable would be £164,897.88 made up of the loan amount plus interest (£162,848.88) an Application fee of £1499, 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 5.1% APRC representative.

 

Please note the example above is for a house purchase on an interest only basis.

4.99% for 2 years (Short Term Lending) Discount - LTV 60%

Initial variable rate for 2 years

4.99%

The Society's Mortgage Variable Rate minus 0.80%

A revert rate does not apply to this product as it has a maximum 2 year term

0.00%

The overall cost for comparison is

5.5% APRC

Product fee

£499

More Information

Mortgage Helpline

0800 220 568

Talk to us

PRODUCT CODE - STL002

This is a 4.99% 2 year discounted variable rate mortgage.  A 40% 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 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.

Representative Example

A mortgage of £150,000 payable over 2 years initially on a discounted rate for 2 years at 4.99% would require 24 monthly payments of £625.91.

 

The total amount payable would be £166,070.84 made up of the loan amount plus interest (£165,021.84) an Application fee of £499, 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.

Product Transfer 2.65% for 2 Discount years (Consumer BTL) Discount - LTV 65%

Initial variable rate for 2 years

2.65%

3.14% discount off our Buy to Let Mortgage Variable Rate, then changing to

The Society's Buy to Let Mortgage Variable Rate currently

5.79%

for the remaining term of the mortgage

The overall cost for comparison is

5.5% APRC

Product fee

£0

More Information

Mortgage Helpline

0800 220 568

Talk to us

PRODUCT CODE – CBTL10

This is a 2.65% 2 year discounted variable rate mortgage.  35% equity required.

This mortgage is available for product transfers.

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 3% in the first year and 2% in the second year. However a maximum of 10% overpayment is allowed in each 12 month anniversary period within the first 2 years.

Representative Example

A mortgage of £150,000 payable over 25 years initially on a discounted rate for 2 years at 2.65% and then on our Mortgage Variable Rate (MVR) of 5.79% (variable) for the remaining 23 years would require 24 monthly payments of £331.29 and 276 monthly payments of £723.85.

The total amount payable would be £356,873.56.  Made up of the loan amount plus interest (£356,753.56) 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 product transfer on an interest only basis.

Product Transfer 2.99% for 2 year Discount Holiday Let Discount - LTV 65%

Initial variable rate for 2 years

2.99%

2.80% discount off our Buy to Let Mortgage Variable Rate, then changing to

The Society's Buy to Let Mortgage Variable Rate currently

5.79%

for the remaining term of the mortgage

The overall cost for comparison is

5.5% APRC

Product fee

£0

More Information

Mortgage Helpline

0800 220 568

Talk to us

PRODUCT CODE – HLTR2

This is a 2.99% 2 year discounted variable rate mortgage.  35% equity required.

This mortgage is available for product transfers.

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 3% in the first year and 2% in the second year. However a maximum of 10% overpayment is allowed in each 12 month anniversary period within the first 2 years.

Representative Example

A mortgage of £150,000 payable over 25 years initially on a discounted rate for 2 years at 2.99% and then on our Mortgage Variable Rate (MVR) of 5.79% (variable) for the remaining 23 years would require 24 monthly payments of £373.80 and 276 monthly payments of £723.85.

The total amount payable would be £358,893.80  Made up of the loan amount plus interest (£358,773.80) 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 product transfer. on an interest only basis

Product Transfer 3.75% for 2 year Discount Holiday Let Discount - LTV 80%

Initial variable rate for 2 years

3.75%

2.04% discount off our Buy to Let Mortgage Variable Rate, then changing to

The Society's Buy to Let Mortgage Variable Rate currently

5.79%

for the remaining term of the mortgage

The overall cost for comparison is

5.6% APRC

Product fee

FREE

More Information

Mortgage Helpline

0800 220 568

Talk to us

PRODUCT CODE – HLTR3

This is a 3.75% 2 year discounted variable rate mortgage.  20% equity required.

This mortgage is available for product transfers.

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 3% in the first year and 2% in the second year. However a maximum of 10% overpayment is allowed in each 12 month anniversary period within the first 2 years.

Representative Example

A mortgage of £150,000 payable over 25 years initially on a discounted rate for 2 years at 3.75% and then on our Mortgage Variable Rate (MVR) of 5.79% (variable) for the remaining 23 years would require 24 monthly payments of £468.81 and 276 monthly payments of £723.85.

The total amount payable would be £361,174.04 made up of the loan amount plus interest (£361,054.04) 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 product transfer. on an interest only basis

Product Transfer 1.49% for 2 years Discount - LTV 60%

Initial variable for 2 years

1.49%

4.30% discount off our Mortgage Variable Rate, then changing to

The Society's Mortgage Variable Rate

5.79%

for the remaining term of the mortgage

The overall cost for comparison is

5.1% APRC

Product fee

£0

More Information

Mortgage Helpline

0800 220 568

Talk to us

PRODUCT CODE – RDS38

This is a 1.49% 2 year discounted variable rate mortgage.  40% equity required.

This mortgage is available for both house purchase and remortgages.

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 3% in the first year and 2% in the second year. However a maximum of 10% overpayment is allowed in each 12 month anniversary period within the first 2 years.

This product has a floor rate.

Representative Example

A mortgage of £120,000 payable over 23 years initially on a discounted rate for 2 years at 1.49% and then on our Mortgage Variable Rate (MVR) of 5.79% (variable) for the remaining 21 years would require 24 monthly payments of £513.80 and 252 monthly payments of £763.00.

The total amount payable would be £204,727.20 made up of the loan amount plus interest (£84,607.20) and a Mortgage Discharge Fee of £120.00.

The overall cost for comparison is 5.10% APRC representative.

Please note the example above is for a product transfer on a repayment basis.

Product Transfer 2.65% for 2 years (BTL) Discount - LTV 65%

Initial Rate for 2 years

2.65%

3.14% discount off our Buy to Let Mortgage Variable Rate, then changing to

Followed by the Buy to Let Mortgage Variable Rate - currently

5.79%

for the remaining term of the mortgage

The overall cost for comparison is

5.5% APRC

Product fee

£0

More Information

Mortgage Helpline

0800 220 568

Talk to us

PRODUCT CODE – BDS09

This is a 2.65% 2 year discounted variable rate mortgage.  35% equity required.

This mortgage is available for both house purchase and remortgages.

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.

Representative Example

A mortgage of £65,000 payable over 23 years initially on a discounted rate for 2 years at 2.65% and then on our Mortgage Variable Rate (MVR) of 5.79% (variable) for the remaining 23 years would require 24 monthly payments of £143.54 and 252 monthly payments of £313.63.

The total amount payable would be £147,599.72 made up of the loan amount plus interest (£82,599.72) 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 product transfer.

 

Product Transfer 3.15% for 2 years (BTL) Discount - LTV 80%

Initial variable rate for 2 years

3.15%

2.64% discount off our Buy to Let Mortgage Variable Rate, then changing to

The Society's Buy To Let Mortgage Variable Rate

5.79%

for the remaining term of the mortgage

The overall cost for comparison is

5.6% APRC

Product fee

£0

More Information

Mortgage Helpline

0800 220 568

Talk to us

PRODUCT CODE – BDS08

This is a 3.15% 2 year discounted variable rate mortgage.  35% equity required.

This mortgage is available for product transfers.

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.

Representative Example

A mortgage of £65,000 payable over 23 years initially on a discounted rate for 2 years at 3.15% and then on our Mortgage Variable Rate (MVR) of 5.79% (variable) for the remaining 23 years would require 24 monthly payments of £170.63 and 252 monthly payments of £313.63.

The total amount payable would be £148,249.88 made up of the loan amount plus interest (£83,129.88) 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 product transfer.

Product Transfer 2.10% for 2 years Discount - LTV 80%

Initial Rate for 2 years

2.10%

3.69% discount off our Mortgage Variable Rate, then changing to

Followed by the Mortgage Variable Rate - currently

5.79%

for the remaining term of the mortgage

The overall cost for comparison is

5.2% APRC

Product fee

£0

More Information

Mortgage Helpline

0800 220 568

Talk to us

PRODUCT CODE – RDS31

This is a 2.10% 2 year discounted variable rate mortgage.  20% equity required.

This mortgage is available for product transfers.

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.

This product has a floor rate.

Representative Example

A mortgage of £120,000 payable over 23 years initially on a discounted rate for 2 years at 2.10% and then on our Mortgage Variable Rate (MVR) of 5.79% (variable) for the remaining 21 years would require 24 monthly payments of £548.58 and 252 monthly payments of £767.04.

The total amount payable would be £206,580 made up of the loan amount plus interest (£86,580) 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 product transfer on a repayment basis.

Discount Mortgages Guide

Like most websites Furness Building Society use cookies, and in order to continually improve our website, we collect non-personal data through cookies. By continuing to use the website you are accepting the use of these cookies. To find out more read our Cookie Policy.