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Lifetime Discount

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SPECIAL MORTGAGE SCHEME

With effect from 26 February 2021

Available throughout England and Wales

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Maximum loan to value available:Discount of 3.05% off the Society's Standard
Variable Rate for the term of the mortgage
The overall cost for comparison is:
80%2.84% variable 2.9%
APRC
Enquire about this 2.84% variable rateMore information about this 2.84% variable rate - Lifetime DiscountMaximum loan:For details of the maximum loan available for your required loan to value please call our Mortgage Department on 01455 894082


Representative example

A mortgage of £164,510.00 (a loan of £163,710.00 plus a completion fee of £800.00 added to the loan) payable over 16 years on a discounted variable rate of 2.37% for the full term of 16 years would require 192 monthly payments of £1,030.35.

The total amount payable would be £198,427.14 made up of the loan amount plus interest (£33,318.14), an arrangement fee (£199.00), a legal fee (£250.00) and a mortgage exit administration fee (£150.00).

The overall cost for comparison is 2.5% APRC representative.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Mortgage type

This product belongs to the following type of mortgages:
Discount Mortgages, Flexible Mortgages, Offset mortgages