Self Build & Renovation Large Loan 2 Year Discount Rate – for purchase or remortgage up to 70% LTV
6.29% (SVR minus 2.40%)
STANDARD VARIABLE RATE of 8.69% with a discount of 2.40% until 2 years from completion date, then reverting to 8.19% (Suffolk SVR minus 0.50%) for 36 months (please note this rate will not fall below 3%), then changing to Suffolk Standard Variable Rate (currently 8.69%)
CHAPS (Fee for transfer of funds to solicitor):
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