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2.89% Fixed

Rate Type
Fixed
Initial Rate
2.89%
Overall Cost For Comparison (APR)
4.4%
Initial Period
2 years to 31/07/2021.
Reversion Rate
4.49% (SVR).
Purchase/Remortgage
Purchase only
Max LTV
65%
Min - Max Loan Amount
£1,000,000
Min - Max Mortgage Term
5 to 35 years.
Min - Max Age
From 21 years to 80 years old.
Income Required
We have no minimum salary requirement data.
Repayment Options
Interest only or repayment.
Rent to Interest Cover
125% at 5.50%.
Acceptable property locations
England, Wales
Early Repayment Charges
3% of the amount being repaid until 31/07/2020, then 2% until 31/07/2021 (Overpayments below £1,000 allowable. (Any overpayments made will cause the amount upon which interest is charged, to be reduced at the month end)).
Arrangement Fee
0.50 % due on completion.
Broker Fee
A broker fee of £597 will apply.
Free Legals and Valuations
Free valuation.
Features
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NB: ANY PROPERTY USED AS SECURITY, WHICH MAY INCLUDE YOUR HOME, MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

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