THIS PRODUCT IS ONLY AVAILABLE FOR PROPERTIES WITH AN LA POSTCODE

PRODUCT CODE - DS334

This is a 1.49% 2 year discounted variable rate mortgage.  A 20% deposit is required.

This mortgage is available for both house purchase and remortgages on a capital and interest basis.

A free legal and valuation package is available for standard remortgages. 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 £800,000.

The maximum term available is 40 years.

This product has a floor rate.

Representative Example

A mortgage of £200,000 payable over 25 years initially on a discount rate for 2 years at 1.49% and then on our Mortgage Variable Rate (MVR) of 5.14% (variable) for the remaining 23 years would require 24 monthly payments of £799.01  and 276 monthly payments of £1,154.06.

The total amount payable would be £338,226.80 made up of the loan amount plus interest (£337,781.80) an Application fee of £0, a valuation fee of £305 a CHAPS Fee of £20 and a Mortgage Discharge Fee of £120.

The overall cost for comparison is  4.6% APRC representative.

Please note the example above is for a house purchase on an Capital and Interest repayment basis.

PRODUCT CODE - DS335

This is a 1.59% 2 year discounted variable rate mortgage.  A 20% deposit is required.

This mortgage is available for both house purchase and remortgages on a capital and interest basis.

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 £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

 mortgage of £200,000 payable over 25 years initially on a discount rate for 2 years at 1.59% and then on our Mortgage Variable Rate (MVR) of 5.14% (variable) for the remaining 23 years would require 24 monthly payments of £812.48  and 276 monthly payments of £1,160.84.

The total amount payable would be £340,421.36 made up of the loan amount plus interest (£338,977.36) an Application fee of £999, a valuation fee of £305 a CHAPS Fee of £20 and a Mortgage Discharge Fee of £120.

The overall cost for comparison is  4.7% APRC representative.

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

PRODUCT CODE - DS332

This is a 2.09% 2 year discounted variable rate mortgage.  A minimum 20% deposit is required.

This mortgage is available for both house purchase and remortgages.

A valuation package is available for purchases and remortgages. Free legal package available in England and Wales with a contribution towards legal fees in Scotland available on remortgages only 

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 size is £800,000.

The maximum term available is 40 years.

This product has a floor rate.

Representative Example

A mortgage of £200,000 payable over 25 years initially on a discount rate for 2 years at 2.09% and then on our Mortgage Variable Rate (MVR) of 5.14% (variable) for the remaining 23 years would require 24 monthly payments of £856.58  and 276 monthly payments of £1,160.01.

The total amount payable would be £341,250.68 made up of the loan amount plus interest (£340,805.68) an Application fee of £0, a valuation fee of £305 a CHAPS Fee of £20 and a Mortgage Discharge Fee of £120.

The overall cost for comparison is 4.7% APRC representative.

Please note the example above is for a house purchase on an Capital and Interest repayment basis.

PRODUCT CODE - DS333

This is a 2.09% 2 year discounted variable rate mortgage.  A 20% deposit is required.

This mortgage is available for both house purchase and remortgages.

A valuation package is available for purchases and remortgages. Free legal package available in England and Wales with a contribution towards legal fees in Scotland available on remortgages only 

The minimum loan amount is £30,000 and the maximum loan size is £800,000.

The maximum term available is 40 years.

This product has a floor rate.

This mortgage has a £999 fee which can be added to the mortgage or paid up front.

Representative Example

A mortgage of £200,000 payable over 25 years initially on a discount rate for 2 years at 2.09% and then on our Mortgage Variable Rate (MVR) of 5.14% (variable) for the remaining 23 years would require 24 monthly payments of £860.86  and 276 monthly payments of £1,165.81.

The total amount payable would be £342,954.20 made up of the loan amount plus interest (£341,510.20) an Application fee of £999, a valuation fee of £305 a CHAPS Fee of £20 and a Mortgage Discharge Fee of £120.

The overall cost for comparison is  4.8% APRC representative.

Please note the example above is for a house purchase on an Capital and Interest repayment basis.

PRODUCT CODE - STL004

This is a 5.99% 2 year 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 £999 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 £180,000 payable over 2 years initially on a variable rate for 2 years at 5.99% would require 24 monthly payments of £903.59.

The total amount payable would be £202,825.16 made up of the loan amount plus interest (£201,686.16) an Application fee of £999, a CHAPS Fee of £20 and a Mortgage Discharge Fee of £120.

The overall cost for comparison is 6.5% APRC representative.

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

PRODUCT CODE - LET136

This is a 3.09% 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.

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 £200,000 payable over 25 years initially on a discount rate for 2 years at 3.09% and then on our BTL Mortgage Variable Rate (MVR) of 5.14% (variable) for the remaining 23 years would require 24 monthly payments of £517.61  and 276 monthly payments of £861.01.

The total amount payable would be £451,606.40 made up of the loan amount plus interest (£450,166.40) an Application fee of £995, a valuation fee of £305 a CHAPS Fee of £20.00 and a Mortgage Discharge Fee of £120.00.

The overall cost for comparison is  5.0% APRC representative.

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

PRODUCT CODE - REGL02

This is a 3.45% 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 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 £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 £200,000 payable over 25 years initially on a discount rate for 2 years at 3.45% and then on our BTL Mortgage Variable Rate (MVR) of 5.14% (variable) for the remaining 23 years would require 24 monthly payments of £577.92  and 276 monthly payments of £861.01.

The total amount payable would be £453,053.84 made up of the loan amount plus interest (£451,613.84) an Application fee of £995, a valuation fee of £305 a CHAPS Fee of £20 and a Mortgage Discharge Fee of £120.

The overall cost for comparison is 5.1% APRC representative.

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

PRODUCT CODE - REGL01

This is a 3.25% 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 £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 £200,000 payable over 25 years initially on a discount rate for 2 years at 3.25% and then on our BTL Mortgage Variable Rate (MVR) of 5.14% (variable) for the remaining 23 years would require 24 monthly payments of £544.42  and 276 monthly payments of £861.01.

The total amount payable would be £452,299.84 made up of the loan amount plus interest (£450,850.84) an Application fee of £995, a valuation fee of £355 a CHAPS Fee of £20.00 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 repayment basis.