2 year discount 75% LTV

Product related fees

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

Product incentives

Valuation fee contribution: We will contribute £350 towards the cost of one standard mortgage valuation.

Fees assisted legals: Your client has the choice of choosing our own solicitors, where we will assist with the standard legal fees, or receiving £150 cashback towards their own solicitor's costs. They will be advised of any non-standard costs that may be applicable. If your client chooses to use our solicitors, they will only act for us and will not provide them with independent advice regarding the mortgage transaction.

Mortgage amounts

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

This product has a maximum mortgage amount of £450,000.

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

The maximum loan to value for this product is 75%.

Interest rate floor

Your clients interest rate is floored and therefore cannot reduce below 1.99%.

Mortgage repayment terms

Your client can repay their mortgage over a minimum of 5 years, or a maximum of 35 years.

Early Repayment Charges

We allow your client to overpay 10% of the original mortgage amount each year without charge. If they switch products or redeem during the product term they will be subject to the full Early Repayment Charge

The Early Repayment Charge will be:

• 2% of the amount repaid during the first year; and
• 1% of the amount repaid during the second year.