Further Advance 3 Year Fixed Rate

Our 3 Year Fixed Further Advance Mortgage offers a fixed rate of 3.69% for a period of 3 years from completion, followed by our standard variable rate applicable at that time.  The interest rate charged won't fall below 2%.

Initial rate Overall cost for
comparison
Max % LTV Completion
fee
Representative
Example
3.69% 4.9% APRC 90% £ View

Representative example

A Mortgage of  £39,626.00, payable over 15 years and 5 months (185  months) initially on a fixed rate for 3 years (36 months) of 3.69% and then on our current standard variable rate of 5.34% for the remaining 12 years and 5 months (149 months) would require 36 monthly payments of £281.19 then 149 monthly payments of £308.68. The total amount payable would be £56,351.04 made up of the loan amount plus interest (£16,620.04) and a £75.00 valuation fee and £30.00 CHAPS fee. The overall cost for comparison is 4.9% representative APRC.

Key Features

Advance        

Minimum £2,000: Maximum £200,000         

Loan to Value (LTV)

Maximum 90% (subject to Society lending policy)

Term              

No Minimum Term: Maximum 35 years

Availability

Available up to a maximum of 90% of the property value for residential properties.

All applications are subject to the Society’s general lending criteria, property value and satisfactory status enquiries.

This product is a limited edition and cannot 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.

Important Information

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

Early Repayment Charge Fees