Mortgage product
information.
Self Build & Renovation Large Loan 2 Year Discount Rate – for purchase or remortgage up to 70% LTV
Mortgage details | |
---|---|
Initial rate | 4.19% (SVR minus 1.35%) |
Rate Type | Variable |
Rate Term | 2 year |
APRC | 5.3% |
Standard rate | STANDARD VARIABLE RATE of 5.54% with a discount of 1.35% until 2 years from completion date, then reverting to 5.04% (Suffolk SVR minus 0.50%) for 36 months then changing to Suffolk Standard Variable Rate (currently 5.54%) |
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