Notices

Homes for Ukraine - important information can be found here.
Monthly savings statements - From May we will be sending future monthly statements of electronic transactions on your savings account by email. More details on how to view your statement and the new process can be found here.
Following the Bank of England’s decision to raise the Bank Rate by 0.25% to 1.00% on 5 May 2022, Windfall Bond and Tracker Savings Bond rates will increase by 0.25% from 1 June 2022. We are reviewing our other variable savings rates and will notify customers of any interest rate increase on their account. Tracker mortgages will change on 25 June 2022 and we will write to customers individually with revised payment details where the new rate exceeds the minimum rate (or ‘floor’) already applying to their mortgage. (Notice updated 06/05/2022)

2.99% 2 year fixed rate until 30/04/2024

The mortgage will be secured on your home. Your home may be repossessed if you do not keep up repayments on your mortgage.

Initial interest rate	Current follow on rate	Overall cost for comparison	Repayment or Interest-Only?	Max % Loan to Value (LTV)	Product fees	Additional benefits
2.99% 2 year fixed rate until 30/04/2024
2.99%	4.79%	4.5%APRC	Repayment	80%	£999~	£500 cashback for remortgages^

Key things to bear in mind

Purpose - Purchase, remortgage, product switch and further advance
LTV - Maximum 80%.
Fixed Rate end date - 30/04/2024
Application Fee - £175 + Valuation Fee. (£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 - £999 for loans up to £500,000. For loans above £500,000 0.3% of the loan amount. (£0 for further advance, £0 for product switch)
Early Repayment Charges - 2% until 30/04/2023, 1% until 30/04/2024
Maximum loan - No maximum. Loans above £500,000 should be referred to us for specific agreement before submission of an application
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
Cost for comparison - 4.5% APRC
Additional criteria - The mortgage must complete by 01/08/2022

Affordability calculator Email us Ask us to call back Summary & fees

Representative example

A mortgage of £180,000.00 payable over 15 years initially on a fixed rate for 2 years at 2.99% and then on our variable Managed Mortgage Rate, currently 4.79% would require 24 monthly payments of £1,242.18 and 156 monthly payments of £1,382.72 plus one initial interest payment of £443.48.

The total amount payable would be £247,234.12 made up of the loan amount plus interest of £65,960.12, an Application Fee of £175, a Product Fee of £999 and a Mortgage Exit Fee of £100.

The overall cost for comparison is 4.5% APRC representative.

More downloads & what you'll need to apply

More mortgage downloads

Identification

We carry out an electronic ID check on all applicants. If this fails you will need to provide us with ID documents.

Bank statements

Three full months most recent consecutive bank statements for all current accounts, to evidence all income and outgoings. Bank statements must show the applicants name, account number, sort code and bank logo.

If you're renting your current home you'll need...
12 months statements showing rent payments.

If you already have a mortgage you'll need…
Proof of mortgage payments - we carry out an electronic credit check on all applicants which usually confirms this. However if this fails, we will need proof. This can be provided from 12 months bank statements, the latest mortgage statements, or a combination. To speed up our underwriting, you can provide these on submission.

Proof of income

If you're employed in a company you'll need...

Three months most recent payslips
Most recent P60

If you have property or investment income you'll need...
Two years most recent SA302s

If you're self employed you'll need...
Two years most recent accounts or two years most recent SA302s / Tax Calculations (100% Completed) or Family Building Society Accountant’s Certificate
Accountant’s details on the application form

If you are already retired or if the term of your mortgage term goes beyond retirement or age 70 you'll need...
Most recent Pension Statement or letter from Department for Work and Pensions
Most recent annual Pension Statement
Most recent P60

Other items

If you already let a property you'll need...
• Evidence of rent being paid in and mortgage being paid out (bank statements requested above may already cover this).