The Bank of England reduced the base rate by 0.25 percentage points to 4.25% on Thursday 8 May 2025. Find out how this affects our SVR here. 

Mortgage product
information.

Self Build 2 Year Discount Rate – for purchase or remortgage up to 80% LTV

Mortgage details

Initial rate

5.80% (SVR minus 2.09%)

Rate Type

Variable

Rate Term

2 year

APRC

7.5%

Standard rate

STANDARD VARIABLE RATE of 7.89% with a discount of 2.09% until 2 years from completion date, then changing to Suffolk Standard Variable Rate (currently 7.89%) for the remainder of the term.

Fees

Application Fee:
£199

Completion Fee:
£1,499

Valuation Fee:
Based on property valuation

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

Maximum loan

£1m

Maximum LTV

80%

Additional information

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

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

Get started

Enquire now.










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