5.19% fixed until 31.05.2031.

Our Standard Variable Rate* for the remainder of the term, currently 7.60%.

6.8% APRC

Fees

Arrangement fee - £999 (Can be paid up front or added to the loan)

Mortgage exit fee - £100 (payable when the mortgage is fully repaid)

Incentives

One free valuation included, up to the value of £1,000.

A full or partial capital repayment, which exceeds 10% of the capital balance amount in any one year during the fixed period, will attract an early repayment charge of:

5% until 31.05.2027

4% until 31.05.2028

3% until 31.05.2029

2% until 31.05.2031

Purchase or Remortgage

• Capital & Interest 
• Interest-Only (with a suitable repayment strategy)
• A combination of capital & interest and interest-only (part & part), providing the interest-only borrowing does not exceed 70% LTV.

80% - capital & interest / part & part

70% - interest-only

Minimum £100,000 – Maximum £500,000

Portability

This product is portable and can be transferred from the existing property to a new property.

Adding fees

If you add the arrangement fee to the loan, then interest will be charged on it resulting in a greater amount payable over the term of the mortgage.

Eligibility

Property must be in England and Wales with a value of £125,000 or more.

Available to qualified professionals only.

Mortgages are subject to underwriting.

This information is to help you understand the typical cost of this mortgage and is not representative of your personal circumstances.

A mortgage of £225,000.00, payable over 25 years, on a capital & interest repayment basis, initially on a fixed rate of 5.19% until 31.05.2031, and then on our Standard Variable Rate, currently 7.60%, for the remaining 20 years. The initial term would require 62 monthly payments of £1,340.35 followed by 238 monthly payments of £1,620.73.

The total amount payable would be £469,934.44, made up of the loan amount (£225,000.00), plus interest (£243,835.44), Arrangement Fee (£999), and a mortgage exit fee (£100).

The overall cost for comparison is 6.8% APRC.