-
Online Service update. Due to planned essential maintenance, our Online Service will be unavailable from 10pm on 8 May until 3am on 9 May. We apologise for any inconvenience this may cause.
- Savings customers. Your 2023/2024 Annual Interest Savings Summary has been despatched and will be with you shortly. Updated 29 April 2024
-
Mortgage products - From Friday 3 May we have withdrawn all of our Owner Occupier and Buy to Let Fixed Rate mortgage products from sale for purchase, remortgage and further advance applications. If you are an existing borrower and your mortgage deal is ending and you would like to switch you can continue to have access to these products. Further information can be found here.
6.84% JBSP 1.60% Discounted Rate from follow on rate for 2 years (XD0216)
The mortgage will be secured on your property.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Key things to bear in mind
- Purpose - Joint Borrower Sole Proprietor applications for purchase, remortgage, product switch and further advance. Also available for product switch and further advance for existing guarantor mortgages.
- Discount - 1.60% applied to our Managed Mortgage Rate for 2 years
- Minimum rate - 4.34%
- Loan to Value - Maximum 80%.
- Application fee - £175 + Valuation Fee for purchase and remortgage applications. (£125 for further advance. £0 for product switch)
- Valuation fees - Free for properties up to £500,000. For properties above £500,000 the standard valuation fee scale applies, less £330 discount. (£0 for further advance. £0 for product switch)
- ~Product fee - £599 for loans up to £500,000. (£0 for further advance. £0 for product switch)
- Maximum loan - £500,000
- Minimum loan - £45,000 for purchase and remortgage. £2,000 for further advance. No minimum for product switches.
- Additional benefits:
^Cashback - £500 cashback on completion for remortgage applications - Early Repayment Charges - 2% for the first year, 1% for the second year
- Cost for comparison - 8.6% APRC
Representative example
A
mortgage of £206,800.00 payable over 25 years initially on a discounted
variable rate for 2 years at 1.60% below our variable Managed Mortgage
Rate and then on our variable Managed
Mortgage Rate, currently 8.44% would require 23 monthly payments of £1,178.76
and 277 monthly payments of £1,453.23 plus one initial interest payment of
£1,166.16. The total amount payable would be £638,496.35 made up of the loan amount plus interest of £430,822.35, an Application Fee of £175, a Product Fee of £599 and a Mortgage Exit Fee of £100. The overall cost for comparison is 8.6% APRC representative. |
More downloads & what you'll need to apply
Identification
Bank statements
Proof of income
Other items
Over 125 years of helping people move in
For a long time we've been trusted to lend to a wide variety of people with a more small scale, personal approach as shown in our awards.
Contact our expert UK team
Existing customers
Savings - 03330 140144
savings.service@familybsoc.co.uk
Mortgages - 03330 140146
mortgage.service@familybsoc.co.uk
...or ask the way that suits you.
Request a call back
We can call you back at a time that suits you.
Visit us in branch
Ashley Square, Epsom, Surrey, KT18 5DD.
View our FAQs
Your questions might be answered here.