Legal Assisted 5 Year Fixed Rate Mortgage
RATES CORRECT AS AT 26 November 2020
Initial rate
3.19%
Fixed up to and inc. 28/02/2026
Then changing to the Society's SVR, (currently)
5.29%
For the remaining term of the mortgage
The overall cost for comparison is
4.5%
APRC
Maximum loan to value
85%
FEES AND CHARGES WILL APPLY, SOME OF WHICH ARE NON-REFUNDABLE, SEE BELOW.
Representative Example
A mortgage of £120,000.00 payable over 25 years initially on a fixed rate for 5 years at 3.19% and then on our current Standard Variable Rate of 5.29% (variable) for the remaining 20 years would require 60 monthly payments of £580.50 and 240 monthly payments of £695.47.
The total amount payable would be £201,776.51 made up of the loan amount plus interest of £81,741.51 and application fee £0, product fee £0, valuation fee £0, funds transfer fee £35.
The overall cost for comparison is 4.5% 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.
Additional features
- Interest calculated daily.
- Maximum loan £500,000.
- Fees assisted legal services for standard re-mortgages.
- 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 28 Feb 2026.
| Fees | |
|---|---|
| Application Fee (payable on application - non-refundable) | £0 |
| Product Fee (payable on application - this is refundable should the mortgage not complete) | £0 |
| Mortgage Exit Fee | £199 |