The Bank of England reduced the base rate by 0.25 percentage points to 4.25% on Thursday 8 May 2025. Find out how this affects our SVR here. 

Mortgage product
information.

Additional Borrowing (Self Build) 2 Year Discount – up to 80% LTV

Mortgage details

Initial rate

6.99% (SVR minus 1.15%)

Rate Type

Variable

Rate Term

2 year

APRC

7.9%

Standard rate

STANDARD VARIABLE RATE of 8.14% with a discount of 1.15% until 2 years following completion date, then reverting to Suffolk Standard Variable Rate (currently 8.14%) for the remainder of the term.

Fees

Application Fee:
£199

Completion Fee:
£125

Valuation Fee:
N/A

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

Maximum loan

£500,000

Maximum LTV

80%

Additional information

Fee free over-payments up to 50% of original loan. Early repayment charge of 1% applies until 2 years from completion date.

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

Get started

Enquire now.










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