Mortgage product
information.
Self Build & Renovation Large Loan 2 Year Discount Rate – for purchase or remortgage up to 70% LTV
Mortgage details | |
---|---|
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: Completion Fee: Valuation Fee: CHAPS (Fee for transfer of funds to solicitor): |
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. |
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE