Mortgage product
information.

Holiday Let 5 Year Fixed Rate – for purchase or remortgage up to 80% LTV

Mortgage details

Initial rate

5.59%

Rate Type

Fixed

Rate Term

5 year

APRC

7.5%

Standard rate

FIXED RATE of 5.59% until 5 years from completion, then changing to Suffolk Standard Variable Rate (currently 8.44%) for the remainder of the term

Fees

Application Fee:
£199

Completion Fee:
£999

Valuation Fee:
Purchase – Based on property valuation

Remortgage – FREE

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

Maximum loan

£1m

Maximum LTV

80%

Additional information

Fee free over-payments up to 50% of original loan. Early repayment charge of 5% applies until 5 years from completion [Remortgage only: fee assisted legals]

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

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