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

Mortgage product
information.

Residential 2 Year Fixed Rate Large Loan – for purchase or remortgage up to 80% LTV

Mortgage details

Initial rate

5.19%

Rate Type

Fixed

Rate Term

2 year

APRC

6.8%

Standard rate

FIXED RATE of 5.19% until 30/04/2026 then reverting to 6.95% (Suffolk SVR minus 1.74%) until 31/07/2029 (please note this rate will not fall below 3%), then changing to Suffolk Standard Variable Rate (currently 8.69%) for the remainder of the term

Fees

Application Fee:
£199

Completion Fee:
0.10%

Valuation Fee:
Purchase – Based on property valuation
Remortgage – FREE

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

You can see how our fees are calculated by clicking here

Maximum loan

£2m

Maximum LTV

80%

Additional information

Fee free over-payments up to 50% of original loan. Early repayment charge of 3% applies until 30/04/2026 [Remortgage only: fee assisted legals]

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

Representative example

A mortgage of £1,150,000.00 payable over 10 years initially on a fixed rate until 30/04/2026 at 5.19%, then on our Standard Variable Rate currently at 8.69% with a discount of 1.74%, giving a pay rate of 6.95% until 31/07/2029 (please note that the rate payable will never fall below 3%). This will be followed by our Standard Variable Rate currently at 8.69% for the remainder of the mortgage term. This would require 27 monthly payments of £12,317.29, followed by 39 monthly payments of £13,117.33, followed by 54 monthly payments of £13,620.77. The total amount payable would be £1,580,928.28 made up of the loan amount plus interest (£428,479.28), an application fee of £199, a completion fee of £1,150, a valuation fee of £970, a mortgage funds release fee of £35 and a mortgage exit fee of £95. The overall cost for comparison is 6.8% 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