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2 year discount 95% LTV [D582]

Discounted for 2 years

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This product may be withdrawn at any time.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.
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
2.00% discount from our SVR for 2 years
followed by our SVR 5.24%
The overall cost for comparison is 5.0% APRC

Product key features

Product related fees

There is an arrangement fee of £999. Your client can choose to pay this fee up front by deducting it from the amount they borrow. Alternatively they can add the fee to the mortgage amount.

If your client chooses to add the fee to their mortgage they will pay interest on the fee at the same rate as their mortgage.

Mortgage amounts

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

This product has a maximum mortgage amount of £250,000.

The minimum property value is £75,000 increasing to £250,000 for properties located within the M25 corridor.

The maximum loan to value is 95% of the purchase price or valuation, whichever is lower.

Interest rate floor

The interest rate on this product is floored and cannot fall below 2.99%.

Mortgage repayment terms

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

Early Repayment Charges

Each year your client can repay 10% of the original mortgage amount without charge. An Early Repayment Charge will apply for any payments taking your client over their annual allowance.

The Early Repayment Charge will be charged at:

  • 2% of the amount repaid during the first year; then
  • 1% of the amount repaid during the second year.
Speak to Nicola, our Business Development Manager today 0121 521 4045* Getting in touch
Our lines are open:
Monday - Friday9:00 - 17:00
Saturday - SundayClosed
*Calls from landlines are charged at the standard rate. Calls from mobiles may vary.

Happy to help you...

  • Discuss a potential new case
  • Provide you with updates on your existing cases
  • Explain our criteria
  • Help you understand our affordability rules

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