Additional Borrowing (Holiday Let) Discount Rate – up to 80% LTV
6.30% (SVR minus 2.39%)
STANDARD VARIABLE RATE of 8.69% with a discount of 2.39% until 2 years from completion date, then changing to Suffolk Standard Variable Rate (currently 8.69%)
CHAPS (Fee for transfer of funds to solicitor):
Fee free over-payments up to 50% of original loan. Early repayment charge of 1% applies until 2 years from completion.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE