2 year fixed 95% LTV [FE090]
Fixed until 30/06/2020
Early Repayment Charges apply.
This product may be withdrawn at any time.
- Semi-exclusive product: available to our key panel of networks and clubs
Product key features
This is a semi-exclusive product. Applications are accepted within England and Wales from members of our key panel of mortgage networks and clubs.
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.
Cashback: There is a cashback of 0.45% of the mortgage amount, which is payable when the mortgage completes.
There is a minimum mortgage amount of £50,000.
This product has a maximum loan 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 30 June 2018;
- 2% of the amount repaid until 30 June 2019; and
- 1% of the amount repaid until 30 June 2020.
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.