Mortgage product
information.
Shared Ownership 5 Year Fixed Rate – for purchase, remortgage or staircasing up to 90% LTV
Mortgage details | |
---|---|
Initial rate | 3.35% |
Rate Type | Fixed |
Rate Term | 5 year |
APRC | 5.0% |
Standard rate | FIXED RATE of 3.35% until 5 years from completion then changing to Suffolk Standard Variable Rate (currently 5.54%) for the remainder of the term. |
Fees | Application Fee: Completion Fee: Valuation Fee: CHAPS (Fee for transfer of funds to solicitor): You can see how our fees are calculated by clicking here |
Maximum loan | £500,000 |
Maximum LTV | 90% |
Additional information | Fee free over-payments up to 50% of original loan. Early repayment charge of 5% applies until 5 years from completion date |
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
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