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Mortgage product
information.

Additional Borrowing (Residential) Standard Variable Rate – up to 90% LTV

Mortgage details

Initial rate

5.54% (SVR)

Rate Type

Variable

Rate Term

3 year

APRC

5.8%

Standard rate

STANDARD VARIABLE RATE of 5.54% for the life of the loan

Fees

Application Fee:
£199

Completion Fee:
£125

Valuation Fee:
N/A

CHAPS (Fee for transfer of funds to solicitor):
£35

You can see how our fees are calculated by clicking here

Maximum loan

£500,000

Maximum LTV

90%

Additional information

Unlimited fee free overpayments

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

Representative example

A mortgage of £35,000.00 payable over 39 years on our Standard Variable Rate currently at 5.54% for the mortgage term. This would require 468 monthly payments of £183.59. The total amount payable would be £86,214.12 made up of the loan amount plus interest (£50,760.12), an application fee of £199, a completion fee of £125, a mortgage funds release fee of £35 and a mortgage exit fee of £95. The overall cost for comparison is 5.8% APRC representative.

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