New online service – You can now open new savings accounts and view your branch account and mortgage via our online service.

Mortgage product
information.

Expat Holiday Let 5 Year Fixed Rate – for purchase or remortgage up to 80% LTV

Mortgage details

Initial rate

6.09%

Rate Type

Fixed

Rate Term

5 year

APRC

8.0%

Standard rate

FIXED RATE of 6.09% until 5 years following completion date, then changing to Suffolk Standard Variable Rate (currently 8.69%) for the remainder of the term

Fees

Application Fee:
£199

Completion Fee:
£1,499

Valuation Fee applies

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

For full details of our valuation fees, please contact us.

Maximum loan

£750,000

Maximum LTV

80%

Additional information

Fee free over-payments up to 50% of original loan. Early repayment charge of 5% applies until 5 years from completion

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

Representative Example

A mortgage of £90,000 payable over 25 years initially on a fixed rate until 5 years from completion date at 6.09%, then on our Standard Variable Rate currently at 8.69% for the remainder of the mortgage term. This would require 60 monthly payments of £594.80, followed by 240 payments of £725.18. The total amount payable would be £210,150.20 made up of the loan amount plus interest (£118,197.20), an application fee of £199, a completion fee of £1,499, a valuation fee of £125, a mortgage funds release fee of £35 and a mortgage exit fee of £95. The overall cost for comparison is 8.0% APRC representative.

Get started

Enquire now.

Our decisions are made by experts, not computers. We need to calculate the financials, but we understand there’s more behind a mortgage than the numbers on a page. We can’t promise to lend to everyone and anyone, but we’ll consider most applications on an individual basis.

Ready to start? We’d love to hear from you. Get in touch with our friendly and knowledgeable team.

Prefer to talk?
Call 0330 123 0723

Mortgage enquiry










    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