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Mortgage products and rates

Warning: THE MORTGAGED PROPERTY (WHICH MAY BE YOUR HOME) MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

2 year Fixed Rate Mortgages

Initial rate fixed up to and inc. 30/06/20Then the Society's Gib Variable Rate less 1.00% discount up to and inc. 30/06/2023, (currently)Then our Gibraltar Variable Rate thereafter, (currently)Overall cost for comparison (APRC)Max LTVProduct Fee
2.46% 5.19%6.19%5.4%60%£999
Max loan amount £500,000
2.90% 5.19%6.19%5.5%80%£999
Max loan amount £500,000
3.80% 5.19%6.19%5.7%90%£999
Max loan amount £500,000
RATES CORRECT AS AT 10 NOV 2017

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

Representative Example

A mortgage of £250,000.00 payable over 25 years initially on a fixed rate for 2 years at 3.80% and then a 1.00% discount on our current Gibraltar Variable Rate of 6.19% for 3 years and then on our current Gibraltar Variable Rate of 6.19% for the remaining 20 years would require 24 monthly payments of £1,290.96, 36 monthly payments of £1474.30 and 240 monthly payments of £1,599.39.

The total amount payable would be £469,249.62 made up of the loan amount plus interest of £217,910.62 and application fee £0, product fee £999, valuation fee £305.

The overall cost for comparisons is 5.7% APRC representative.

This representative example assumes a mortgage completion date on the 1st day of a calendar month.

The above representative example is for illustration purposes only and may vary depending on your personal circumstances.

The Product Fee is payable on application but is refundable should the mortgage not complete. A mortgage exit fee of £199 will apply.

Additional features

  • No Higher Lending Charge.
  • 10% capital repayments are allowed each year without incurring an Early Repayment Charge.
  • Tapered Early Repayment Charges apply up to and including 30 Jun 2020.
  • Interest is calculated daily.

5 year Fixed Rate Mortgages

Initial rate fixed up to and inc. 30/06/23Then our Gibraltar Variable Rate thereafter, (currently)Overall cost for comparison (APRC)Max LTVFees
3.09% 6.19%5.0%60%£999
Max loan amount £500,000
3.69% 6.19%5.3%80%£999
Max loan amount £500,000
4.19% 6.19%5.5%90%£999
Max loan amount £500,000
RATES CORRECT AS AT 10 NOV 2017

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

Representative Example

A mortgage of £250,000.00 payable over 25 years initially on a fixed rate for 5 years at 4.19% and then on our current Gibraltar Variable Rate of 6.19% (variable) for the remaining 20 years would require 60 monthly payments of £1,344.68 and 240 monthly payments of £1,587.54.

The total amount payable would be £463,029.28 made up of the loan amount plus interest of £211,690.28 and application fee £0, product fee £999, valuation fee £305.

The overall cost for comparison is 5.5% APRC representative.

This representative example assumes a mortgage completion date on the 1st day of a calendar month.

The above representative example is for illustration purposes only and may vary depending on your personal circumstances.

The Product Fee is payable on application but is refundable should the mortgage not complete. A mortgage exit fee of £199 will apply.

Additional features

  • No Higher Lending Charge.
  • 10% capital repayments are allowed each year without incurring an Early Repayment Charge.
  • Tapered Early Repayment Charges apply up to and including 30 Jun 2023.
  • Interest is calculated daily.

2 year Discounted Rate Mortgages

Initial rate variable for the first 2 years, (currently)TermsThen our Gibraltar Variable Rate thereafter, (currently)Overall cost for comparison (APRC)Max LTVProduct Fee
2.79% The Society's Gibraltar Variable Rate less 3.40%6.19%5.8%80%£999
Max loan amount £500,000
RATES CORRECT AS AT 10 NOV 2017

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

Representative Example

A mortgage of £140,000.00 payable over 25 years initially on a 3.40% discount on our current Gibraltar Variable Rate of 6.19% for 2 years and then on our current Gibraltar Variable Rate of 6.19% for the remaining 23 years would require 24 monthly payments of £648.20 and 276 monthly payments of £897.16 .

The total amount payable would be £264,478.27 made up of the loan amount plus interest of £123,174.27 and application fee £0, product fee £999, valuation fee £270.

The overall cost for comparison is 5.8% APRC representative.

This representative example assumes a mortgage completion date on the 1st day of a calendar month.

The above representative example is for illustration purposes only and may vary depending on your personal circumstances.

The Product Fee is payable on application but is refundable should the mortgage not complete. A mortgage exit fee of £199 will apply.

Additional features

  • No Higher Lending Charge.
  • 10% capital repayments are allowed each year without incurring an Early Repayment Charge.
  • Tapered Early Repayment Charges apply for the first 2 years.
  • Maximum Loan amount £500,000
  • Interest is calculated daily.