2 year discount 90% LTV [RMD179]
Discounted until 30/11/2019.
Early Repayment Charges apply.
This product may be withdrawn at any time.back to comparison list
Product key features
Product relates fees
Your client will need to pay an arrangement fee of £999. This fee can be added to the amount borrowed or paid up front by deducting the fee from the mortgage amount.
Valuation fee contribution: We will contribute £275 towards one standard mortgage valuation.
Fees assisted legals: We will assist with the cost of standard legal fees if your client chooses to use our solicitors. If they will be subject to any non-standard costs then your client will be advised of this. If they choose to use their own solicitors, we will give them £150 cashback. Should your client choose to use our solicitors they will only act on our behalf and will not provide independent legal advice to your clients regarding the mortgage.
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 which increases to £250,000 for properties located within the M25 corridor.
The maximum loan to value with this product is 90%.
Interest rate floor
Your clients interest rate cannot fall below 2.58%.
Mortgage repayment terms
There is a minimum repayment term of 5 years and a maximum repayment term 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.
Their Early Repayment Charge decreases throughout the product term as follows:
- 2% of the amount repaid until 30/11/2018; then
- 1% of the amount repaid until 30/11/2019.
Here to help
- Discuss a potential new case
- Help with your existing case with us
- Answer any of your questions
- Talk through affordability
Your home may be repossessed if you do not keep up repayments on your mortgage.