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5 year fixed 85% LTV [F438]

Fixed until 31/03/2023

Early Repayment Charges apply.

This product may be withdrawn at any time.

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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
2.49% fixed rate until 31 March 2023
followed by our SVR 4.99%
The overall cost for comparison is 4.2% APRC

Product key features

Product related fees

There is an arrangement fee of £999. This fee can be paid up front by deducting the fee from the mortgage amount or added to the amount borrowed.

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

Mortgage amounts

The minimum mortgage amount is £50,000 and the maximum mortgage amount is £450,000.

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

The maximum loan to value is 85% of the purchase price or valuation, whichever is lower.


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 overpaid each year without charge. Payments in excess of 10% will incur an Early Repayment Charge.

In addition, 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:

  • 5% of the amount repaid until 31 March 2019;
  • 4% until 31 March 2020;
  • 3% until 31 March 2021;
  • 2% until 31 March 2022; and
  • 1% until 31 March 2023.
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.

We are happy to help you...

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