2 year fixed 95% LTV [FE098]

Fixed until 31/08/2020

Early Repayment Charges apply.

This product may be withdrawn at any time.

arrangement fee
This fee can be paid upfront or added to the mortgage amount. If the fee is added to the mortgage then interest will be payable on the fee at the same rate as the mortgage.
no fee
booking fee
This fee must be paid on application. We are unable to accept payment of the fee by credit card.
no fee
initial rate
3.89% fixed to 31 August 2020
followed by our SVR 4.99%
The overall cost for comparison is 4.9% APRC

Key features

  • Semi-exclusive product: available to our key panel of networks and clubs

Product key features

Product availability

This is a semi-exclusive product. Applications are accepted within England and Wales from members of our key panel of mortgage networks and clubs.


Enhanced criteria

An alternative affordability calculation applies to this product that restricts the maximum borrowing amount to 2.74 times joint income or 3.49 times single income.

Enhanced criteria level 3 restrictions also apply. No status 2 or greater recorded on credit file within 12 months prior to application.

Product incentives

Cashback: There is a cashback of 0.45% of the mortgage amount that is paid when the mortgage completes.

Mortgage amounts

There is a minimum mortgage amount of £50,000 and a maximum mortgage amount of £350,000.

There is a minimum property value of £75,000 which increases to £250,000 for properties located within the M25 corridor.

The maximum loan to value is 95%

Mortgage repayment terms

The minimum repayment term is 5 years and the maximum repayment term is 35 years.

Early Repayment Charges

Up to 10% of the original mortgage amount can be repaid each year without charge. If the mortgage is redeemed or switched to another product during the discount rate product term then an Early Repayment Charge will apply.

The Early Repayment Charge will be calculated at:

  • 3% of the amount repaid until 31 August 2018;
  • 2% of the amount repaid until 31 August 2019; and
  • 1% of the amount repaid until 31 August 2020.
Our Head of Mortgage Sales, Richard is happy to help 0121 521 4045* Getting in touch
Our lines are open:
Monday - Friday9:00 - 17:00
Saturday - SundayClosed
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We're here to help...

  • Answer any questions
  • Discuss your new case
  • Understand our criteria
  • Discuss your existing case

Your home may be repossessed if you do not keep up repayments on your mortgage.