Our mortgage customers say...
Mortage customer read more"You soon get to know the people you are dealing with, which helps to take the stress out of your mortgage."Mrs Main
3 year discount 95% loan to value
Discounted for 3 years
This product may be withdrawn at any time.
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monthy repayment
£982.92
This figure is a projection only and may differ from your actual monthly repayment
arrangement fee
no 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.
booking fee
no fee
This fee must be paid when you apply for your mortgage.
initial rate
3.54%
1.70% discount from our Standard Variable Rate for 3 years
followed by our SVR
5.24%
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.
the overall cost for comparison is
4.9%
APRC
Product key features
- Mortgage amounts
- Interest rate floor
- Mortgage repayment terms
- Early Repayment Charges
- Mortgage tariff of charges
- Representative example
Mortgage amounts
There is a minimum mortgage amount of £50,000.
This product offers 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 is 95%.
Interest rate floor
Your interest rate is discounted from our Standard Variable Rate and cannot fall below 3.29%.
Mortgage repayment terms
The minimum repayment term is 5 years and the maximum repayment term is 35 years.
Early Repayment Charges
No Early Repayment Charges apply to this product.
Mortgage tariff of charges
The mortgage tariff of charges details the various fees and charges that may apply during the term of your mortgage.
Representative example
A mortgage of £200,000 payable over 26 years initially on a discounted variable rate for 3 years from inception, currently 3.54% (equal to a 1.70% discount from our SVR) and then our SVR, currently 5.24% for the remaining term would require an initial payment of £1,000.99 followed by 35 monthly payments of £981.53 and 276 monthly payments of £1,155.66.
The total amount payable would be £355,151.70 made up of the mortgage amount plus interest (£154,316.70) with a mortgage valuation fee of £535, 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 mortgage stepping stones
tools and guides
Zoe, from our mortgage team is happy to help
0121 557 2551*
Contact Us
Our lines are open:
*Calls from landlines are charged at the standard rate. Calls from mobiles may vary.
| Monday - Tuesday | 09:00 - 17:00 |
| Wednesday | 09:30 - 17:00 |
| Thursday - Friday | 09:00 - 17:00 |
| Saturday | 09:00 - 12:00 |
| Sunday | Closed |
We are happy to help you...
- Book a mortgage appointment
- Discuss your existing account
- Find the best mortgage for you
- Answer any questions
Our mortgage customers say...
Mortgage customer read more"My experience with the Society has allowed me to get a mortgage I am happy with and I know they are only at the other end of the phone if and when I need them."Miss Savell-Boss
Your home may be repossessed if you do not keep up repayments on your mortgage.