Please call us on
03330 140140 to arrange an appointment if you are in a position to apply or require advice, alternatively our customer representative may be able to answer any queries you might have. Alternatively if you would like us to contact you at a time of your choice please complete the call back request form.
PURCHASE OR REMORTGAGE
Product
name |
Initial
interest rate |
Followed
by our
MMR^ currently |
The overall
cost for comparison
is |
Minimum
interest
rate payable |
Early
repayment charges |
Fees |
Maximum LTV# |
Further details |
| Discounted initial variable rate - INTEREST-ONLY |
| 3 year 0.83% discount |
3.56% |
4.39% |
4.4% APRC |
3.46% |
Yes |
Yes |
60% |
Click here |
| 3 year 0.58% discount |
3.81% |
4.39% |
4.4% APRC |
3.71% |
Yes |
Yes |
75% |
Click here |
For remortgages, we offer assistance with Legal Fees.
For remortgages, a cashback of £250 is payable on completion of the mortgage.
Representative example:
A mortgage of £125,000.00 payable over 10 years on a discounted variable rate for 3 years at 0.58% below our variable Managed Mortgage Rate and then on our variable Managed Mortgage Rate, currently 4.39%, would require 35 monthly payments of £396.88 and 85 monthly payments of £457.08, plus one initial interest payment of £404.64.
The total amount payable would be £179,421.24 made up of the loan amount plus interest of £53,147.24, an Application Fee of £175, a Product Fee of £999 and a Mortgage Exit Fee of £100.
The overall cost for comparison is 4.4% APRC representative.
MORTGAGE PRODUCT COMING TO AN END?
Product
name |
Initial
interest rate |
Followed
by our
MMR^ currently |
The overall
cost for comparison
is |
Minimum
interest
rate payable |
Early
repayment charges |
Cost to
transfer
this product |
Maximum LTV# |
Futher details |
Discounted initial variable rate - INTEREST-ONLY
|
|
3 year 0.83% discount
|
3.56% |
4.39% |
4.2% APRC |
3.46% |
Yes |
Nil |
60% and below |
Click here |
| 3 year 0.58% discount |
3.81%
|
4.39% |
4.3% APRC |
3.71% |
Yes |
Nil |
Above 60% |
Click here |
Representative example:
A mortgage of £94,566.00 payable over 7 years on a discounted variable rate for 3 years at 0.58% below our variable Managed Mortgage Rate and then on our variable Managed Mortgage Rate, currently 4.39%, would require 35 monthly payments of £300.25 and 49 monthly payments of £345.79, plus one initial interest payment of £306.12.
The total amount payable would be £122,424.58 made up of the loan amount plus interest of £27,758.58 and a Mortgage Exit Fee of £100.
The overall cost for comparison is 4.3% APRC representative.
ADDITIONAL BORROWING
|
Product name
|
Initial interest rate
|
Followed
by our
MMR^ currently
|
The overall
cost for comparison
is
|
Minimum
interest
rate payable
|
Early
repayment charges
|
Fees
|
Maximum LTV#
|
Further details
|
Discounted initial variable rate - INTEREST-ONLY
|
| 3 year 0.83% discount |
3.56% |
4.39% |
4.1% APRC |
3.46% |
Yes |
Yes
|
60% |
Click here |
| 3 year 0.58% discount |
3.81% |
4.39% |
4.4% APRC |
3.71% |
Yes |
Yes |
75% |
Click here |
Representative example:
A further advance of £50,000.00 payable over 10 years on a discounted variable rate for 3 years at 0.58% below our variable Managed Mortgage Rate and then on our variable Managed Mortgage Rate, currently 4.39%, would require 35 monthly payments of £158.75 and 85 monthly payments of £182.83, plus one initial interest payment of £161.85.
The total amount payable would be £71,483.65 made up of the loan amount plus interest of £21,258.65, an Application Fee of £125 which includes the Valuation Fee, and Legal Fees of £100.
The overall cost for comparison is 4.4% APRC representative.
What is a representative example?
This is an illustration of a typical mortgage and its total cost.
FOOTNOTES
^ MMR stands for our variable Managed Mortgage Rate.
# LTV stands for Loan to Value.
Do you need our help?
For acceptable products and countries of residence please contact our dedicated New Business Team on 03330 140140 or email our New Business Team.
Alternatively if you would like us to contact you at a time of your choice please complete the call back request form.
We also offer expat mortgages on a Buy to Let basis, subject to certain conditions.
Visit our Expats Buy to Let mortgages page
|
THE MORTGAGE WILL BE SECURED ON YOUR HOME
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
All of these mortgage products have limited funds and may be withdrawn at any time. Our mortgages shown on this page are available to applicants aged 18 and over who are expatriates, for properties in England or Wales.