3 year discount 95% LTV [RMD174]

Discounted until 31/07/2020.

This product may be withdrawn at any time.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.
£199
initial rate
1.66% discount from our SVR until 31 July 2020
3.08%
followed by our SVR 4.74%
The overall cost for comparison is 4.5% APRC

Product key features

Product related fees

There is a £199 booking fee that must be paid on application. This fee is non-refundable and non-transferable.

Product incentives

Free standard valuation: Your clients first standard mortgage valuation will be free.

Free standard legal fees: Your client may use our solicitors for free, if there are any non-standard legal fees they will be subject to we will advise them of this. Or, if they choose to use their own solicitors we will give them £150 cashback towards these fees. If your client does choose to use our solicitors, they will not be able to provide them with independent advice regarding the mortgage transaction and will only act for us.

Cashback: A £199 cashback will be paid on completion of the mortgage.

Mortgage amounts

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

This product has a maximum mortgage amount of £250,000.

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

The maximum loan to value available with this product is 95%.

Interest rate floor

The interest rate on this product is floored and cannot fall below 2.99%.

Mortgage repayment terms

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

Early Repayment Charges

No Early Repayment Charges apply.

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 you

  • Discuss your clients needs
  • Update on your existing cases with us
  • Explain our products and criteria
  • Talk through a new decision in principle

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