Mortgage product
information.
Self Build 2 Year Discount Rate – for purchase or remortgage up to 80% LTV
| Mortgage details | |
|---|---|
Initial rate | 5.84% (SVR minus 2.60%) |
Rate Type | Variable |
Rate Term | 2 year |
APRC | 7.6% |
Standard rate | STANDARD VARIABLE RATE of 8.44% with a discount of 2.60% until 2 years from completion date, then reverting to 7.44% (Suffolk SVR minus 1%) for 36 months (please note this rate will not fall below 3%), then changing to Suffolk Standard Variable Rate (currently 8.44%) |
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 2% applies until 2 years from completion |
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE