Mortgage product
information.
Shared Ownership 2 Year Fixed Rate – for purchase, remortage or staircasing up to 95% LTV
| Mortgage details | |
|---|---|
Initial rate | 5.60% |
Rate Type | Fixed |
Rate Term | 2 year |
APRC | 8.1% |
Standard rate | FIXED RATE of 5.60% until 31/05/2026 then reverting to 6.95% (Suffolk SVR minus 1.74%) until 31/08/2029 (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. |
Fees | Application Fee: Completion Fee: Valuation Fee: CHAPS (Fee for transfer of funds to solicitor): |
Maximum loan | £500,000 |
Maximum LTV | 95% |
Additional information | Fee free overpayments up to 50% of original loan. Early repayment charge of 3% applies until 31/05/2026. |
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
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