Variable Mortgages
With our discounted variable mortgage plans your payments will vary in line with any interest rate changes, however, you will always pay less than our standard variable rate for the discount period.
The tables below provide a brief summary of the current products on offer.
| Product | Rate | Max % Property Value |
Arrangement Fee | |
3 Year Discount , no extended tie in (Teachers / Members* Only) |
6.39% | 75% | £N/A |   |
3 Year Discount , no extended tie in (Teachers / Members* Only) |
6.54% | 90% | £799 | |
3 Year Discount , no extended tie in (Teachers / Members* Only) |
6.89% | 90% | £N/A | |
3 Year Discount , no extended tie in (Teachers / Members* Only) |
6.04% | 75% | £799 | |
* with a minimum of six months Society membership if you are a non-teacher.
Once the discounted rate period is finished the mortgage changes to and remains on our Standard Variable Rate (currently 7.24%) for the remaining term of the mortgage.
Before you choose this plan please make sure you read the relevant Key Facts Illustration prior to making your final decision. We will be happy to provide this upon request.
