monthy repayment
This figure is a projection only and may differ from your actual monthly repayment
£1290.80
arrangement fee
This can be paid up-front or added to the mortgage. Bear in mind that if you add the fee to your mortgage, you'll pay interest on it at the same rate as your mortgage and as a result will pay more interest over the term of your mortgage.
no fee
booking fee
This fee must be paid when you apply for your mortgage.
no fee
initial rate
3.79% fixed until 30 November 2023
3.79%
followed by our SVR
Our Standard Variable Rate (or SVR) reflects our cost of lending using a number of factors, including the Bank of England Base Rate. As the SVR is a variable rate it can change at any time.
4.94%
the overall cost for comparison is 4.9% APRC

Fixed until 30/11/2023 . Early Repayment Charges apply. . This product may be withdrawn at any time.

Product key features

Mortgage amounts

There is a minimum mortgage amount of £100,000.

This product has a maximum mortgage amount of £300,000.

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

The maximum loan to value is 95%.

YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Mortgage repayment terms

The minimum repayment term is 5 years and the maximum repayment term is 35 years.

YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Early Repayment Charges

Up to 10% of the original mortgage amount can be overpaid each year without charge. 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:

  • 3% of the amount repaid until 30 November 2021;
  • 2% of the amount repaid until 30 November 2022; and
  • 1% of the amount repaid until 30 November 2023.

YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Mortgage tariff of charges

The mortgage tariff of charges details the various fees and charges that may apply during the term of your mortgage.

YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Representative example

A mortgage of £204,000 payable over 30 years initially on a fixed rate until 30 November 2024, currently 3.49% and then our SVR, currently 4.94% for the remaining term would require an initial payment of £970.64 followed by 25 monthly payments of £949.39 and 334 monthly payments of £1,079.55.

The total amount payable would be £385,850.09 made up of the mortgage amount plus interest (£181,275.09), a mortgage valuation fee of £275, legal fees of £150, a telegraphic transfer fee of £25 and mortgage exit fees of £125.

The overall cost for comparison is 4.9% APRC representative.

YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

We are here to help you...

  • Discuss any queries
  • Book a mortgage appointment
  • Find out how much you can borrow
  • Complete your application
Gail, from our mortgage team is here to help 0121 557 2551*
Our lines are open:
Monday - Tuesday09:00 - 17:00
Wednesday09:30 - 17:00
Thursday - Friday09:00 - 17:00
Saturday09:00 - 12:00
SundayClosed
*Calls from landlines are charged at the standard rate. Calls from mobiles may vary.
"What I like about the Tipton is that you are spoken to in plain English, there isn't loads of mortgage jargon" Miss Savell-Boss
Mortgage customer read more
"I always recommend the Society to my friends and family and will do in the future, I know many people have taken me up on my recommendation and have been equally as happy as I am." Mrs Main
Mortgage Customer read more

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