Shared Ownership 2 Year Fixed Rate – for purchase, remortage or staircasing up to 90% LTV
FIXED RATE of 6.09% until 31/01/2026 then reverting to 6.95% (Suffolk SVR minus 1.74%) until 30/04/2029 (please note this rate will never fall below 3%), then changing to Suffolk Standard Variable Rate (currently 8.69%) for the remainder of the term.
CHAPS (Fee for transfer of funds to solicitor):
Fee free overpayments up to 50% of original loan. Early repayment charge of 3% applies until 31/01/2026.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE