2 Year Fixed

Our 2 Year Fixed Mortgage offers a fixed rate of 2.39% for a period of 2 years from completion, followed by our standard variable rate 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
comparison
Max % LTV Completion
fee
Representative
Example
2.39% 4.9% APRC 90% £250 View

Representative example

A Mortgage of £179,674.00, payable over 21 years and 5 months (257 months) initially on a fixed rate for 2 years (24 months) of 2.39% and then on our standard variable rate of 5.34% for the remaining 19 years and 5 months (233 months) would require 24 monthly payments of £893.92 then 233 monthly payments of £1,149.50. The total amount payable would be £290,130.90 made up of the loan amount plus interest (£109,951.90) with a £250.00 completion fee, £30.00 CHAPS fee, £105.00 legal fees, and £120.00 mortgage exit administration fee. The overall cost for comparison is 4.9% representative APRC.                                                                                                                                                         

Key Features

Advance

Minimum £25,000: Maximum £350,000

Loan to Value (LTV)

Maximum 90% (subject to the Society's lending policy)

Term

Minimum 2 years: Maximum 35 years

Availability  

This product is available for the 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.

Portability  

The mortgage product may be transferred to a new mortgage arranged by the borrower(s) subject to the Society’s lending criteria.

Cashback 

£500 cashback will be paid on completion of the mortgage.

Free Mortgage Valuation

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

Important Information  

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

Early Repayment Charge Fees How to apply