Mortgage product rninformation.
Residential 2 Year Discount Rate (Capital & Interest) – for purchase or remortgage up to 90% LTV
| Mortgage details | |
|---|---|
Initial rate | 4.95% (SVR minus 2.94%) |
Rate Type | Variable |
Rate Term | 2 year |
APRC | 7.7% |
Standard rate | STANDARD VARIABLE RATE of 7.89% with a discount of 2.94% until 2 years from completion date then reverting to to Suffolk Standard Variable Rate (currently 7.89%) for the remainder of the term. |
Fees | Application Fee: Completion Fee: Valuation Fee: CHAPS (Fee for transfer of funds to solicitor): |
Maximum loan | £650,000 |
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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