Please note:

Variable Rate Mortgages

AVAILABLE TO INTERMEDIARIES ONLY

Standard Variable Rate Mortgages

The Society's SVR applies for the term of the mortgage (currently)Overall cost for comparison (APRC)Max LTVProduct Fee
5.29%5.4%85%£0 View
Max loan amount £500,000
RATES CORRECT AS AT 18 april 2020

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

Representative Example

A mortgage of £25,000 payable over 25 years on our Standard Variable Rate for the mortgage term of 25 years at our current rate of 5.29% (variable) would require 300 monthly payments of £150.25.

The total amount payable would be £45,109.60 made up of the loan amount plus interest of £20,074.60 and application fee £0, product fee £0, valuation fee £0, funds transfer fee £35.

The overall cost for comparison is 5.4% 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.

Unless otherwise indicated, these products are only available for house purchases or for customers remortgaging from another lender. A product fee is payable on application (where applicable) but is refundable should the mortgage not complete. A mortgage exit fee of £199 will apply.

Additional Features

  • Unlimited capital repayments are allowed.
  • Maximum loan £500,000.
  • Interest calculated daily.
  • Free standard valuation up to £999.
  • No Early Repayment Charges apply.
  • This product is not available to interest only applications.

Buy to Let Variable Mortgages

The Society's BTL Variable Rate applies for the term of the mortgage (currently)Overall cost for comparison (APRC)Max LTVProduct Fee
5.59%5.7%70%£0 View
Max loan amount £500,000
RATES CORRECT AS AT 18 april 2020

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

Representative Example

A mortgage of £150,000.00 payable over 25 years on our Buy to Let Variable Rate for the mortgage term of 25 years at our current rate of 5.59% (variable) would require 300 monthly payments of £698.75.

The total amount payable would be £359,660.00 made up of the loan amount plus interest of £209,625.00 and application fee £0, product fee £0, valuation fee £0, funds transfer fee £35.

The overall cost for comparison 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.

Unless otherwise indicated, these products are only available for house purchases or for customers remortgaging from another lender. A product fee is payable on application (where applicable) but is refundable should the mortgage not complete. A mortgage exit fee of £199 will apply.

Additional Features

  • Unlimited capital repayments are allowed.
  • Maximum loan £500,000.
  • Interest calculated daily.
  • Free standard valuation up to £999.
  • No Early Repayment Charges apply.

 

We have developed a set of short, easy-to-use guides to our criteria.

View our criteria guides »

Any questions?

Please contact your nearest Development Manager. Find your nearest Development Manager »