Please note:

Legal Assisted 10 Year Fixed Rate Mortgage

RATES CORRECT AS AT 02 January 2024

Initial rate
4.88%
Fixed up to and inc. 30/04/2034

Then changing to the Society's SVR, (currently)
8.24%
For the remaining term of the mortgage

The overall cost for comparison is
6.1%
APRC

Maximum loan to value
75%

FEES AND CHARGES WILL APPLY, SOME OF WHICH ARE NON-REFUNDABLE, SEE BELOW.

Representative Example

A mortgage of £180,000.00 payable over 25 years initially on a fixed rate for 10 years at 4.88% and then on our current Standard Variable Rate of 8.24% (variable) for the remaining 15 years would require 120 monthly payments of £1038.67 and 180 monthly payments of £1283.15.

The total amount payable would be £356,641.40 made up of the loan amount plus interest of £175,607.40 and application fee £0, product fee £999, valuation fee £0, funds transfer fee £35.

The overall cost for comparison is 6.1% 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.

Additional features

  • Interest calculated daily.
  • Maximum loan £2,000,000.
  • The Society will assist in covering the basic legal costs of a standard re-mortgage.
  • Free standard valuation up to £999.
  • This product is not available to interest only applications.
  • 10% capital repayments are allowed each year during the fixed rate period without incurring an Early Repayment Charge.
  • Tapered Early Repayment Charges apply up to and including 30 Apr 2034.

Fees

Application Fee (payable on application - non-refundable)

£0

Product Fee (payable on application - this is refundable should the mortgage not complete)

£999

Mortgage Exit Fee

£199

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