The Bank of England reduced the base rate by 0.25 percentage points to 4.75% on Thursday 7 November 2024. Find out how this affects your mortgage or savings account here.

Mortgage product
information.

Additional Borrowing (Self Build) Standard Variable Rate – up to 80% LTV

Mortgage details

Initial rate

8.44% (SVR)

Rate Type

Variable

Rate Term

3 year

APRC

8.9%

Standard rate

STANDARD VARIABLE RATE of 8.44% for the life of the loan

Fees

Application Fee:
£199

Completion Fee:
£125

Valuation Fee:
FREE

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

 

Maximum loan

£500,000

Maximum LTV

80%

Additional information

Unlimited fee free over-payments.

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

Representative example

A mortgage of £46,600.00 payable over 22 years on our Standard Variable Rate currently at 8.44% for the mortgage term. This would require 264 monthly payments of £390.22. The total amount payable would be £103,312.08 made up of the loan amount plus interest (£56,258.08), 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 8.9% APRC representative.

Get started

Enquire now.










    Your browser is out-of-date.

    Welcome to our new website. This site is not fully supported in Internet Explorer.
    Please download one of the browsers below to continue using this website.

    • Google Chrome
    • Microsoft Edge