Holiday Let 2 Year Fixed Rate – for purchase or remortgage up to 80% LTV
FIXED RATE of 6.29% until 31/01/2026, then changing to Suffolk Standard Variable Rate (currently 8.69%) for the remainder of the term
Remortgage – FREE
CHAPS (Fee for transfer of funds to solicitor):
You can see how our fees are calculated by clicking here
Fee free over-payments up to 50% of original loan. Early repayment charge of 3% applies until 31/01/2026 [Remortgage only: fee assisted legals]
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
A mortgage of £75,000.00 payable over 15 years initially on a fixed rate until 31/01/2026 at 6.29%, then on our Standard Variable Rate currently at 8.69% for the remainder of the mortgage term. This would require 26 monthly payments of £653.59, followed by 154 monthly payments of £744.46. The total amount payable would be £132,049.18 made up of the loan amount plus interest (£55,606.18), an application fee of £199, a completion fee of £999, a valuation fee of £115, a mortgage funds release fee of £35 and a mortgage exit fee of £95. The overall cost for comparison is 8.6% APRC representative.