Mortgage product
information.

Additional Borrowing (Residential) 2 Year Fixed Rate – up to 90% LTV

Mortgage details

Initial rate

5.99%

Rate Type

Fixed

Rate Term

2 year

APRC

8.2%

Standard rate

FIXED RATE of 5.99% until 2 years following completion date, then reverting to 6.95% (SVR minus 1.74%) for 36 months (please note this rate will not fall below 3%), then changing to Suffolk Standard Variable Rate (currently 8.69%) 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

90%

Additional information

Fee free over-payments up to 50% of original loan. Early repayment charge of 3% applies until 2 years from completion

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

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