Fixed

The interest rate is fixed so that monthly repayments are guaranteed to stay the same for an initial period eg 2, 3 or 5 years. During this time the mortgage repayment will be protected from the risk of interest rate rises giving peace of mind of knowing exactly what what repayments are payable each month. However, there will be no benefit benefit if interest rates fall. At the end of the fixed rate period the interest rate will revert to the Society’s underlying variable rate

1.99% 2 Year Fixed - LTV 70%

Initial fixed rate for 2 years

1.99%

then changing to....

The Society's Mortgage Variable Rate currently

5.14%

for the remaining term of the mortgage

The overall cost for comparison is

4.7% APRC

Product fee

£1,250

More Information

Mortgage Helpline

0800 220 568

Talk to us

PRODUCT CODE - 102FIX

This is a 1.99% 2 year fixed rate mortgage.  A 30% deposit is required.

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

This product is not available for product switches.

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 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 £900,000.

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.

Representative Example

A mortgage of £200,000 payable over 25 years initially on a fixed rate for 2 years at 1.99% and then on our Mortgage Variable Rate (MVR) of 5.14% (variable) for the remaining 23 years would require 24 monthly payments of £852.11  and 276 monthly payments of £1,166.28.

The total amount payable would be £342,873.92 made up of the loan amount plus interest (£341,178.92) an Application fee of £1250, 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.

2.19% 2 Year Fixed - LTV 80%

Initial fixed rate for 2 years

2.19%

then changing to....

The Society's Mortgage Variable Rate currently

5.14%

for the remaining term of the mortgage

The overall cost for comparison is

4.8% APRC

Product fee

£1,250

More Information

Mortgage Helpline

0800 220 568

Talk to us

PRODUCT CODE - 104FIX

This is a 2.19% 2 year fixed rate mortgage.  A 20% deposit is required.

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

This product is not available for product switches.

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 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 £1,250 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 fixed rate for 2 years at 2.19% and then on our Mortgage Variable Rate (MVR) of 5.14% (variable) for the remaining 23 years would require 24 monthly payments of £871.83 and 276 monthly payments of £1,168.23.

The total amount payable would be £343,885.40 made up of the loan amount plus interest (£342,190.40) an Application fee of £1250, 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.

3.89% 3 Year- First Time Buyer LA Postcode Exclusive Fixed - LTV 90%

Initial fixed rate for 3 years

3.89%

then changing to....

The Society's Mortgage Variable Rate currently

5.14%

for the remaining term of mortgage

The overall cost for comparison is

4.9% APRC

Product fee

FREE

More Information

Mortgage Helpline

0800 220 568

Talk to us

THIS PRODUCT IS ONLY AVAILABLE FOR FIRST TIME BUYERS PURCHASING PROPERTIES WITH AN LA POSTCODE

PRODUCT CODE - 099FIX 

This is a 3.89% 3 year fixed rate mortgage.  A 10% deposit is required. 

This mortgage is only available within LA postcodes and is for First Time Buyer residential purchases and is only available on a capital and interest basis.

An early repayment charge will apply if you repay all or part of your mortgage within the first 3 years. This charge will be applied on a sliding scale of 4% in the first year, 3% in the second year and 2% in the third year. However a maximum of 10% overpayment is allowed in each 12 month anniversary period within the first 3 years.

The minimum loan amount is £30,000 and the maximum loan amount is £750,000.

The maximum term available is 40 years.

There is no product fee with this mortgage.

Representative Example

A mortgage of £200,000 payable over 25 years initially on a fixed rate for 3 years at 3.89% and then on our Mortgage Variable Rate (MVR) of 5.14% (variable) for the remaining 22 years would require 36 monthly payments of £1,043.67  and 264 monthly payments of £1,171.13.

The total amount payable would be £347,280.44 made up of the loan amount plus interest (£346,835.13), a valuation fee of £305, a CHAPS Fee of £20 and a Mortgage Discharge Fee of £120.

The overall cost for comparison is 4.9% APRC representative.

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

2.49% 5 Year Fixed - LTV 70%

Initial fixed rate for 5 years

2.49%

then changing to....

The Society's Mortgage Variable Rate currently

5.14%

for the remaining term of the mortgage

The overall cost for comparison is

4.2% APRC

Product fee

£1,250

More Information

Mortgage Helpline

0800 220 568

Talk to us

Product Code - 105FIX

This is a 2.49% 5 year fixed rate mortgage.  A 30% deposit is required.

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

This product is not available for product switches.

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 5 years. This charge will be applied on a sliding scale of 5% in the first and second year and 4% in the third year, 3% in the fourth year and 2% in the fifth year. However a maximum of 10% overpayment is allowed in each 12 month anniversary period within the first 5 years.

The minimum loan amount is £30,000 and the maximum loan amount is £900,000.

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.

Representative Example

A mortgage of £200,000 payable over 25 years initially on a fixed rate for 5 years at 2.49% and then on our Mortgage Variable Rate (MVR) of 5.14% (variable) for the remaining 20 years would require 60 monthly payments of £901.92 and 240 monthly payments of £1,137.54.

The total amount payable would be £327,654.80 made up of the loan amount plus interest (£325,959.80) an Application fee of £1250, a valuation fee of £305 a CHAPS Fee of £20 and a Mortgage Discharge Fee of £120.

The overall cost for comparison is 4.2% APRC representative.

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

2.79% 5 Year Fixed - LTV 80%

Initial fixed rate for 5 years

2.79%

then changing to....

The Society's Mortgage Variable Rate currently

5.14%

for the remaining term of the mortgage

The overall cost for comparison is

4.3% APRC

Product fee

£1,250

More Information

Mortgage Helpline

0800 220 568

Talk to us

Product Code - 107FIX

This is a 2.79% 5 year fixed rate mortgage.  A 20% deposit is required.

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

This product is not available for product switches.

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 5 years. This charge will be applied on a sliding scale of 5% in the first and second year and 4% in the third year, 3% in the fourth year and 2% in the fifth year. However a maximum of 10% overpayment is allowed in each 12 month anniversary period within the first 5 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 £1,250 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 fixed rate for 5 years at 2.79% and then on our Mortgage Variable Rate (MVR) of 5.14% (variable) for the remaining 20 years would require 60 monthly payments of £932.61 and 240 monthly payments of £1,144.41.

The total amount payable would be £331,145.00 made up of the loan amount plus interest (£329,450.00) an Application fee of £1250, a valuation fee of £305 a CHAPS Fee of £20 and a Mortgage Discharge Fee of £120.

The overall cost for comparison is 4.3% APRC representative.

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

2.39% 2 Year- Interest Only Product Fixed - LTV 70%

Initial fixed rate for 2 years

2.39%

then changing to....

The Society's Mortgage Variable Rate currently

5.14%

for the remaining term of the mortgage

The overall cost for comparison is

4.9% APRC

Product fee

£1,250

More Information

Mortgage Helpline

0800 220 568

Talk to us

PRODUCT CODE - 103FIX 

This is a 2.39% 2 year fixed rate mortgage.  A 30% deposit is required. 

This mortgage is available for both residential house purchase and remortgages on an interest only basis and is not available for product switches.

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 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 £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..

Representative Example

A mortgage of £200,000 payable over 25 years initially on a fixed rate for 2 years at 2.39% and then on our Mortgage Variable Rate (MVR) of 5.14% (variable) for the remaining 23 years would require 24 monthly payments of £400.86  and 276 monthly payments of £862.10.

The total amount payable would be £449,360.24 made up of the loan amount plus interest (£447,665.24) an Application fee of £1250, a valuation fee of £305 a CHAPS Fee of £20 and a Mortgage Discharge Fee of £120.

The overall cost for comparison is  4.9% APRC representative.

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

2.89% 5 Year- Interest Only Product Fixed - LTV 70%

Initial fixed rate for 5 years

2.89%

then changing to....

The Society's Mortgage Variable Rate currently

5.14%

for the remaining term of the mortgage

The overall cost for comparison is

4.6% APRC

Product fee

£1,250

More Information

Mortgage Helpline

0800 220 568

Talk to us

PRODUCT CODE - 106FIX 

This is a 2.89% 5 year fixed rate mortgage.  A 30% deposit is required. 

This mortgage is available for both residential house purchase and remortgages on an interest only basis and is not available for product switches.

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 5 years. This charge will be applied on a sliding scale of 5% in the first and second year and 4% in the third year, 3% in the fourth year and 2% in the fifth year. However a maximum of 10% overpayment is allowed in each 12 month anniversary period within the first 5 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 £1,250 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 fixed rate for 5 years at 2.89% and then on our Mortgage Variable Rate (MVR) of 5.14% (variable) for the remaining 20 years would require 60 monthly payments of £484.73 and 240 monthly payments of £862.11.

The total amount payable would be £437,790.20 made up of the loan amount plus interest (£436,095.20) an Application fee of £1250, 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 Interest Only basis.

Fixed Mortgages Guide

Cookie policy

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.