Notices
  • The Capital 90 (1) 1.06% AER - is now on general sale and can be applied for exclusively online. £20,000 minimum deposit. You can add funds to the account until 3pm, 26 November 2021, after this no additions will be allowed. Find out more
  • Premium Saver (4)  0.65% AER - is now on general sale and can be applied for exclusively online. £10,000 minimum deposit. You can add funds to the account until 3pm, 5 November 2021, after this no additions will be allowed. Find out more

2.74% 3 year discounted rate by 1.65%

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

2.74% 3 year discounted rate by 1.65%

2.74% 4.39% 4.0%APRC
  • Interest-Only
60% £0

Key things to bear in mind

· Purpose - Product switch and further advance 
· Discount - 1.65% applied to our Managed Mortgage Rate for 3 years
· Minimum rate - 2.64% 
· Loan to Value - Maximum 60%
· Fees:
- Application fee - £125 for further advance. £0 for product switches
- Legal fees - £100 minimum for further advances.
- Valuation fees - £0
- Product fee - £0
· Early Repayment Charges -  3% for the first year, 2% for the second year, 1% for the third year
· Maximum loan - No maximum. 
· Minimum loan - £2,000 for further advance. No minimum for product switches
· Additional criteria – For further advances the mortgage must complete by 01/02/2022
 
Affordability calculator Email us Ask us to call back Summary & fees

Representative example

A mortgage of £99,052.00 payable over 11 years initially on a discounted variable rate for 3 years at 1.65% below our variable Managed Mortgage Rate and then on our variable Managed Mortgage Rate, currently 4.39% would require 35 monthly payments of £226.17 and 97 monthly payments of £362.31 plus one initial interest payment of £223.59.

The total amount payable would be £142,435.61 made up of the loan amount plus interest of £43,283.61 and a Mortgage Exit Fee of £100.

The overall cost for comparison is 4.0% APRC representative.

Case study - A repayment mortgage even in retirement

Christine and her husband were looking for a repayment mortgage in their retirement but needed a long mortgage term.

View full case study

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.

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New enquiries

Savings - 03330 140141

Mortgages - 03330 140140

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Savings - 03330 140144

Mortgages - 03330 140146

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