3 YEAR DISCOUNT (80% - 90% LTV)

Summary Box
Name 3 Year Discount Mortgage (80% - 90% LTV)
Initial rate 4.49% which includes a 0.5% discount from our standard variable rate for 3 years.
Subsequent rate Our standard variable rate for the remainder of the term, currently 4.99%
The overall cost for comparison is 5.2% APR.
Incentives  Free basic valuation.

Legal fees paid subject to use of the Society’s recommended solicitor, or £200 contribution towards your own costs. This excludes disbursements on purchases, and although some of the essential disbursements will be paid on re-mortgage, any additional work not normally associated with a re-mortgage will be at your own cost.

Arrangement fee £499 payable on application, non-refundable.
Maximum loan to value (LTV)

90% for loans up to £200,000.

85% for loans up to £250,000.

Interest calculated Annually.
Early repayment charges

A full or partial capital repayment, which exceeds 10% of the capital balance amount in any one year during the discount period, will attract an early repayment charge of 3% on the excess payment.

Other conditions
Only available to applicants who live within a 25 mile radius of Stockport.

How To Apply

 

 

We wanted to use a local Society as we are fed up of dealing with large faceless companies.
Mr P, Hazel Grove