Mortgage product
information.
Residential 2 Year Fixed Rate (Interest Only) – for purchase or remortgage up to 80% LTV
| Mortgage details | |
|---|---|
Initial rate | 2.95% |
Rate Type | Fixed |
Rate Term | 2 year |
APRC | 4.9% |
Standard rate | FIXED RATE of 2.95% until 30/06/2024 then reverting to 3.80% (Suffolk SVR minus 1.74%) until 30/09/2027 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 | £1m |
Maximum LTV | 80% |
Additional information | Fee free over-payments up to 50% of original loan. Early repayment charge of 3% applies until 30/06/2024 [Remortgage only: fee assisted legals] |
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE