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2.79% Fixed

Rate Type
Fixed
Initial Rate
2.79%
Overall Cost For Comparison (APR)
5.8%
Initial Period
2 year term.
Reversion Rate
5.99% (LIBOR + 5.08%).
Purchase/Remortgage
Purchase and remortgage
Max LTV
75%
Min - Max Loan Amount
£500,000
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 5.99%.
Acceptable property locations
England, Wales, Scotland
Early Repayment Charges
4% of the amount being repaid for the first year, then 3% until the end of year 2.
Arrangement Fee
£995 due on completion.
Broker Fee
A broker fee of £597 will apply.
Free Legals and Valuations
No fees free options are available.
Features
If an applicant decides to change the product on the application after the mortgage product has been offered, a non-refundable administration fee of £120 is payable prior to the amended mortgage offer being issued. Director's unsupported Personal Guarantees will be required if the mortgage is taken in the name of a Limited Company.
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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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