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Mortgage product information.

Expat Holiday Let 2 Year Discount Rate – for purchase or remortgage up to 80% LTV

Mortgage details

Initial rate

3.50% (SVR minus 2.04%)

Rate Type

Variable

Rate Term

2 year

APRC

5.2%

Standard rate

STANDARD VARIABLE RATE of 5.54% with a discount of 2.04% until 2 years from completion then changing to Suffolk Standard Variable Rate (currently 5.54%) for the remainder of the term

Fees

Application Fee:
£199

Completion Fee:
£1,499

Valuation Fee applies

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

Maximum loan

£750,000

Maximum LTV

80%

Additional information

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

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

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