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5.69% 2 Year Discounted Rate, variable

Scheme 5.69% 2 Year Discounted Rate, variable
Scheme Type 5.69% 2 year discounted rate, Bank of England Base Rate (currently 5%, variable) + 0.69%, then reverting to the Lender's Standard Vairable Rate (currently 7.09%, variable) to give a current reversion rate of 7.09%. Remortgage Only product with free valuation & legal service.
Overall Cost Comparison 7.2%
Early Repayment Charge 2% of the remaining balance for the first 2 years
Loan To Value 60% to £550,000
Arrangement Fee £1849 plus £150 booking fee
Broker Fee £297
Repayment Options Interest Only or Repayment
Income Required 4 x Single or 4.8 x Joint Income
Minimum Mortgage Term 5 Years
Maximum Mortgage Term 35 Years
Minimum Age 18
Maximum Age 85
Acceptable Areas England, Wales, Scotland, Northern Ireland


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