3 year discount 90% LTV [D566]

Discounted until 31/07/2020.

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This product may be withdrawn at any time.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
1.96% discount from our SVR until 31 July 2020
2.78%
followed by our SVR 4.74%
The overall cost for comparison is 4.4% APRC

Product key features

Mortgage amounts

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

This product has a maximum mortgage amount of £350,000.

The minimum property value is £75,000, this increases to £250,000 for properties that are located within the M25 corridor.

The maximum loan to value is 90%.

Interest rate floor

Your clients interest rate cannot fall below 2.78%.

Mortgage repayment terms

Your clients mortgage term must be a minimum of 5 years and a maximum of 35 years.

Early Repayment Charges

Your client can make overpayments up to 10% of the original mortgage amount each year. Any payments taking them over this allowance, including redeeming or switching will be subject to an Early Repayment Charge.

The Early Repayment Charge will be as below:

  • 3% of the amount repaid until 31/07/2018;
  • 2% of the amount repaid until 31/07/2019; and
  • 1% of the amount repaid until 31/07/2020.
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
*Calls from landlines are charged at the standard rate. Calls from mobiles may vary.

Here to help you...

  • Discuss your potential decision in principle
  • Help with your existing case
  • Discuss our lending criteria
  • Talk through affordability

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