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Mortgage product rninformation.

Residential 2 Year Discount Rate (Capital & Interest) – for purchase or remortgage up to 90% LTV

Mortgage details

Initial rate

2.35% (SVR minus 3.19%)

Rate Type

Variable

Rate Term

2 year

APRC

4.8%

Standard rate

STANDARD VARIABLE RATE of 5.54% with a discount of 3.19% until 2 years from completion then reverting to 3.80% (Suffolk SVR minus 1.74%) for 36 months, then changing to Suffolk Standard Variable Rate (currently 5.54%) 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

£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 [Remortgage only: fee assisted legals]

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

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