3 Year Fixed 75% Loan to Value

Product related fees

There is an arrangement fee of £999. This fee can be paid up front by deducting the fee from the amount you borrow. Alternatively you can add the fee to the mortgage amount. If you add the arrangement fee to your mortgage you will pay interest on the fee at the same rate as your mortgage.

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

Product incentives

Free standard valuation: We'll cover the cost of a standard valuation on a property valued up to £400,000. Properties valued over £400,000 will receive a contribution of £350 towards the cost.

Fees assisted legals: You have the choice of using our solicitors, where we'll cover the cost of any standard legal fees, or receiving £250 cashback towards your own solicitor's costs. You'll be advised of any non-standard costs that will apply. If you choose to use our solicitors, they'll only act for us and won't provide you with independent advice regarding the mortgage transaction.

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

Mortgage amounts

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

This product offers a maximum mortgage amount of £500,000.

There is a minimum property valuation of £75,000 which increased to £250,000 for properties located within the M25 corridor.

The maximum loan to value available with this product is 75%.

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

We allow you to overpay 10% of the original mortgage amount each year without charge. If you switch products or redeem during the product term you will be subject to the full Early Repayment Charge.

The Early Repayment Charge will be:

• 4% until 31 July 2020;
• 3% until 31 July 2021;
• 2% until 31 July 2022; and
• 1% until 31 July 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 £120,575 payable over 20 years on a fixed rate of 2.44% until 31 July 2023 and then our SVR, currently 4.94%, for the remaining term would require an initial payment of £648.80 followed by 35 monthly payments of £640.68 and 204 monthly payments of £775.43.

The total amount payable would be £181,760.32 made up of the mortgage amount plus interest (£60,685.32) with a £999 arrangement fee, a valuation fee of £350, telegraphic transfer fee of £25 and mortgage exit fees of £125.

The overall cost for comparison is 4.3% APRC representative.

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