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

1.65% fixed for 2 years Fixed - LTV 80%

Initial fixed rate for 2 years

1.65%

then changing to

The Society’s Mortgage Variable Rate

5.54%

for the remaining term of the mortgage

The overall cost for comparison is

5.00% APRC

Product fee

£999

More Information

Mortgage Helpline

0800 220 568

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PRODUCT CODE - 023FIX

This is a 1.65% 2 year fixed 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.

Representative Example

A mortgage of £160,000 payable over 25 years initially on a discounted rate for 2 years at 1.65% and then on our Mortgage Variable Rate (MVR) of 5.54% (variable) for the remaining 23 years would require 24 monthly payments of £655.49 and 276 monthly payments of £965.40.

The total amount payable would be £282,677.16 made up of the loan amount plus interest (£281,138.16) an Application fee of £999, a CHAPS Fee of £20.00, a Valuation fee of £270.00, a Legal fee of £105.00, an Insurance Administration fee of £25.00 , 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 a repayment basis.

 

2.69% for 2 years Fixed - LTV 90%

Initial fixed rate for 2 years

2.69%

then changing to

The Society’s Mortgage Variable Rate

5.54%

for the remaining term of the mortgage

The overall cost for comparison is

5.20% APRC

Product fee

£1,250

More Information

Mortgage Helpline

Helpline Telephone

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PRODUCT CODE - 9FIX2

This is a 2.69% 2 year fixed 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 £1,250 fee which can be added to the mortgage or paid up front.

Representative Example

A mortgage of £180,000 payable over 25 years initially on a discounted rate for 2 years at 2.69% and then on our Mortgage Variable Rate (MVR) of 5.54% (variable) for the remaining 23 years would require 24 monthly payments of £830.78 and 276 monthly payments of £1096.18.

The total amount payable would be £322,979.40 made up of the loan amount plus interest (£321,189.40) an Application fee of £1250, a CHAPS Fee of £20.00, a Valuation fee of £270.00, a Legal fee of £105.00, an Insurance Administration  fee of £25.00 , 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.

4.09% fixed for 2 years Fixed - LTV 95%

Initial fixed for 2 years

4.09%

then changing to

The Society’s Mortgage Variable Rate

5.54%

for the remaining term of the mortgage

The overall cost for comparison is

5.40% APRC

Product fee

FREE

More Information

Mortgage Helpline

0800 220 568

Talk to us

PRODUCT CODE - 017FIX

This is a 4.09% 2 year fixed rate mortgage.  A 5% 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.

Representative Example

A mortgage of £142,500 payable over 25 years initially on a fixed rate for 2 years at 4.09% and then on our Mortgage Variable Rate (MVR) of 5.54% (variable) for the remaining 23 years would require 24 monthly payments of £759.51 and 276 monthly payments of £870.78.

 

The total amount payable would be £259,033.52 made up of the loan amount plus interest (£258,518.52) an Application fee of £0, a CHAPS Fee of £20.00, a Valuation fee of £245.00, a Legal fee of £105.00, an Insurance Administration fee of £25.00 , 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.

1.99% for 2 years (Unregulated BTL) 65% LTV Fixed - LTV 65%

Initial fixed rate for 2 years

1.99%

then changing to

The Society's Buy To Let Mortgage Variable Rate

5.54%

for the remaining term of the mortgage

The overall cost for comparison is

5.30% APRC

Product fee

£1,495

More Information

Mortgage Helpline

0800 220 568

Talk to us

PRODUCT CODE - FBTL16

This is a 1.99% 2 year fixed 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 £1,495 fee which can be added to the mortgage or paid up front.

If the product fee is added to the loan it must not exceed the maximum LTV.

Representative Example

A mortgage of £190,000 payable over 25 years initially on a fixed rate for 2 years at 1.99% and then on our Mortgage Variable Rate (MVR) of 5.54% (variable) for the remaining 23 years would require 24 monthly payments of £317.64 and 276 monthly payments of £884.28.

 

The total amount payable would be £443,804.64 made up of the loan amount plus interest (£441,684.64) an Application fee of £1495, a CHAPS Fee of £20.00, a Valuation fee of £355.00, a Legal fee of £105.00, an Insurance Rearrangement fee of £25.00 , 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 an interest only basis.

2.49% for 2 years (Unregulated BTL) Fixed - LTV 75%

Initial fixed for 2 years

2.49%

then changing to

The Society's Buy To Let Mortgage Variable Rate

5.54%

for the remaining term of the mortgage

The overall cost for comparison is

5.30% APRC

Product fee

£995

More Information

Mortgage Helpline

0800 220 568

Talk to us

PRODUCT CODE - FBTL17

This is a 2.49% 2 year fixed 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 3 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.

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 fixed rate for 2 years at 2.49% and then on our Mortgage Variable Rate (MVR) of 5.54% (variable) for the remaining 23 years would require 24 monthly payments of £406.78 and 276 monthly payments of £905.05.

 

The total amount payable would be £456,126.52 made up of the loan amount plus interest (£454,556.52) an Application fee of £995, a CHAPS Fee of £20.00, a Valuation fee of £305.00, a Legal fee of £105.00, an Insurance Administration fee of £25.00 , 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 an interest only basis.

2.79% for 2 years (Unregulated BTL) Fixed - LTV 75%

Initial fixed for 2 years

2.79%

then changing to

The Society's Buy To Let Mortgage Variable Rate

5.54%

for the remaining term of the mortgage

The overall cost for comparison is

5.40% APRC

Product fee

£1,495

More Information

Mortgage Helpline

0800 220 568

Talk to us

PRODUCT CODE - FBTL13

This is a 2.79% 2 year fixed 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 3 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 £1,495 fee which can be added to the mortgage or paid up front.

If the product fee is added to the loan it must not exceed the maximum LTV.

2.59% for 2 years Holiday Let Fixed - LTV 65%

Initial fixed for 2 years

2.59%

then changing to

The Society's Buy To Let Mortgage Variable Rate

5.54%

for the remaining term of the mortgage

The overall cost for comparison is

5.30% APRC

Product fee

£995

More Information

Mortgage Helpline

0800 220 568

Talk to us

PRODUCT CODE - FRHL01

This is a 2.59% 2 year fixed 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. 

If the product fee is added to the loan it must not exceed the maximum LTV.

Representative Example

A mortgage of £165000 payable over 25 years initially on a fixed rate for 2 years at 2.59% and then on our Mortgage Variable Rate (MVR) of 5.54% (variable) for the remaining 23 years would require 24 monthly payments of £356.13 and 276 monthly payments of £761.75.

The total amount payable would be £385,360.12 made up of the loan amount plus interest (£383,790.12) an Application fee of £995, a CHAPS Fee of £20.00, a Valuation fee of £305.00, a Legal fee of £105.00, an Insurance Administration fee of £25.00 , 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 an interest only basis.

3.79% for 2 years Holiday Let Fixed - LTV 75%

Initial fixed for 2 years

3.79%

then changing to

The Society's Buy To Let Mortgage Variable Rate

5.54%

for the remaining term of the mortgage

The overall cost for comparison is

5.50% APRC

Product fee

£995

More Information

Mortgage Helpline

0800 220 568

Talk to us

PRODUCT CODE - FRHL03

This is a 3.79% 2 year fixed 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. 

If the product fee is added to the loan it must not exceed the maximum LTV.

Representative Example

A mortgage of £205,000 payable over 25 years initially on a fixed rate for 2 years at 3.79% and then on our Mortgage Variable Rate (MVR) of 5.54% (variable) for the remaining 23 years would require 24 monthly payments of £650.74 and 276 monthly payments of £951.22.

The total amount payable would be £484,724.48 made up of the loan amount plus interest (£483,154.48) an Application fee of £995, a CHAPS Fee of £20.00, a Valuation fee of £305.00, a Legal fee of £105.00, an Insurance Administration fee of £25.00 , 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

Fixed Mortgages Guide

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