Mortgage product
information.
Additional Borrowing (Residential) 2 Year Discount Rate – up to 90% LTV
| Mortgage details | |
|---|---|
Initial rate | 5.34% (SVR minus 3.10%) |
Rate Type | Variable |
Rate Term | 2 year |
APRC | 7.4% |
Standard rate | STANDARD VARIABLE RATE of 8.44% with a discount of 3.10% until 2 years following completion date, then reverting to 6.70% (SVR minus 1.74%) for 36 months (please note this rate will not fall below 3%), then changing to Suffolk Standard Variable Rate (currently 8.44%) |
Fees | Application Fee: Completion Fee: Valuation Fee: CHAPS (Fee for transfer of funds to solicitor): |
Maximum loan | £500,000 |
Maximum LTV | 90% |
Additional information | 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