Mortgage product
information.

Initial rate

6.29% (SVR minus 2.40%)

Rate Type

Variable

Rate Term

2 year

APRC

8.3%

Standard rate

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%)

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.