Mortgage product
information.

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:
£199

Completion Fee:
0.25% 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.