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2 year discount 90% LTV [RMD185]

Discounted for 2 years

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This product may be withdrawn at any time.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
2.30% discount from our SVR for 2 years
followed by our SVR 4.99%
The overall cost for comparison is 4.6% APRC

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.

Product incentives

Valuation fee contribution: We will contribute £350 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.

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 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 2.69%.

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 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.

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.