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: Completion Fee: Valuation Fee: CHAPS (Fee for transfer of funds to solicitor): |
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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