First time buyers
2 Year Fixed

Our 2 Year Fixed Mortgage offers a fixed rate of 2.95% for a period of 2 years from completion, followed by our standard variable rate (SVR) currently 5.34% for the remaining term of the mortgage. The SVR interest rate charged won't fall below 2%.

Initial rate Overall cost for
Max % LTV Completion
2.95% 5.0% APRC 85% £499 View

Representative example

A Mortgage of  £142,071.00, payable over 19 years 2 months (230 months) initially on a fixed rate for 2 years (24 months) of 2.95% and then on our standard variable rate of 5.34% for the remaining 17 years 2 months (206 months) would require 24 monthly payments of £809.44 then 206 monthly payments of £970.47. The total amount payable would be £220,435.88 made up of the loan amount plus interest (£77,610.88) with a £499.00 completion fee, £30.00 CHAPS fee, £105.00 legal fees and £120.00 mortgage exit administration fee. The overall cost for comparison is 5.0% representative APRC.

Key Features


Minimum £25,000: Maximum £400,000

Loan to Value (LTV)

Maximum 85% (subject to the Society's lending policy)


Minimum 2 years: Maximum 35 years


This product is available for the purchase or re-mortgage of property in mainland England and Wales for the applicants own use.  All applications are subject to the Society’s general lending criteria, property valuation and satisfactory status enquiries. This product is a limited edition and can't be guaranteed until an application has been received.

Free Valuation

The Society will pay the cost of a standard mortgage valuation fee.

Important Information  

The interest rate charged won't fall below 2%.

Early Repayment Charge Fees How to apply