Mortgage product
information.

Initial rate

5.90% (SVR minus 1.99%)

Rate Type

Variable

Rate Term

2 year

APRC

7.8%

Standard rate

STANDARD VARIABLE RATE of 7.89% with a discount of 1.99% until 2 years from completion date, then reverting to Suffolk Standard Variable Rate (currently 7.89%) for the remainder of the term.

Fees

Application Fee:
£199

Completion Fee:
0.15% of loan

Valuation Fee:
Purchase – Based on property valuation
Remortgage – Based on property valuation

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

Maximum loan

£2m

Maximum LTV

70%

Additional information

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