Skip to main content

Fixed Rate Mortgages

TEACHER-ONLY FIXED RATE MORTGAGES

Teacher Exclusive, 2 Year Fixed Rate Mortgage 20% Deposit 3.44% Fixed
3.44% 5.24% 5.0% APRC 80% N/A £199

Key Features

Fixed rate

A fixed rate of 3.44% for the first 2 years (fixed until 14/03/2022). It then changes to our Standard Variable Rate, which is currently 5.24%, and remains on our variable rate terms for the rest of the mortgage.

The overall cost for comparison is 5.0% APRC.

What you Pay

  • Daily interest.
  • An application fee of £199 (non-refundable) is payable with the application.
  • A valuation fee is payable for all properties worth £800,000 or more.

Early repayment charge

An Early Repayment Charge of 3% on the amount repaid will be applied for the duration of the product term. You can overpay by up to 10% of the loan outstanding per calendar year without charge.
 

What we Pay

  • The first valuation fee for properties worth less than £800,000.
  • £100 cashback for NEU members upon completion.

Who can apply and more information

  • Available for home purchase applications only.
  • Available to teachers only.

Your home may be repossessed if you do not keep up repayments on your mortgage

Representative Example

A mortgage of £172,000.00 over 27 years initially on a fixed rate of 3.44% (Ending on 14 March 2022) and then our Standard Variable Rate of 5.24% for the remaining term, would require 25 monthly payments of £815.73 and 299 monthly payments of £979.37.

The total amount payable would be £313,550.10 made up of the loan amount plus interest (£141,241.10) with a Application Fee of £199.00, Funds Transfer Fee of £25.00 and a Mortgage Exit Fee of £85.00. 

The overall cost for comparison is 5.0% APRC representative.

Call us today on 0800 378 669

This product may be withdrawn or amended at any time, without prior notice

Teacher Exclusive, 2 Year Fixed Rate Remortgage 20% Deposit 3.44% Fixed
3.44% 5.24% 5.0% APRC 80% N/A £199

Key Features

Fixed rate

A fixed rate of 3.44% for the first 2 years (fixed until 14/03/2022). It then changes to our Standard Variable Rate, which is currently 5.24%, and remains on our variable rate terms for the rest of the mortgage.
 
The overall cost for comparison is 5.0% APRC.
 

What you Pay

  • Daily interest.
  • An application fee of £199 (non-refundable) is payable with the application.
  • A valuation fee is payable for all properties worth £800,000 or more.

Early repayment charge

An Early Repayment Charge of 3% on the amount repaid will be applied for the duration of the product term. You can overpay by up to 10% of the loan outstanding per calendar year without charge.

What we Pay

  • The first valuation fee for properties worth less than £800,000.
  • For remortgage applications, legal fees will be paid when using our appointed solicitor. For non-standard remortgages (i.e. shared ownership, transfer of equity, unencumbered property), we will pay £250 towards the legal costs and this will be sent directly to your solicitor on completion of the mortgage.
  • £100 cashback for NEU members upon completion.

Who can apply and more information

  • Available for remortgage applications only.
  • Available to teachers only.

Your home may be repossessed if you do not keep up repayments on your mortgage

Representative Example

A mortgage of £172,000.00 over 27 years initially on a fixed rate of 3.44% (Ending on 14 March 2022) and then our Standard Variable Rate of 5.24% for the remaining term, would require 25 monthly payments of £815.73 and 299 monthly payments of £979.37.

The total amount payable would be £313,550.10 made up of the loan amount plus interest (£141,241.10) with a Application Fee of £199.00, Funds Transfer Fee of £25.00 and a Mortgage Exit Fee of £85.00. 

The overall cost for comparison is 5.0% APRC representative.

Call us today on 0800 378 669

This product may be withdrawn or amended at any time, without prior notice

Teacher Exclusive, 5 Year Fixed Rate Mortgage 20% Deposit 3.49% Fixed
3.49% 5.24% 4.7% APRC 80% N/A £199

Key Features

Fixed rate

A fixed rate of 3.49% for the first 5 years (fixed until 14/01/2025). It then changes to our Standard Variable Rate, which is currently 5.24%, and remains on our variable rate terms for the rest of the mortgage.

The overall cost for comparison is 4.7% APRC.

What you Pay

  • Daily interest.
  • An application fee of £199 (non-refundable) is payable with the application.
  • A valuation fee is payable for all properties worth £800,000 or more.

Early repayment charge

An Early Repayment Charge of 3% on the amount repaid will be applied for the duration of the product term. You can overpay by up to 10% of the loan outstanding per calendar year without charge.

What we Pay

  • The first valuation fee for properties worth less than £800,000.
  • £100 cashback for NEU members upon completion.

Who can apply and more information

  • Available for home purchase applications only.
  • At least one applicant must be a qualified teacher or lecturer.

Your home may be repossessed if you do not keep up repayments on your mortgage

Representative Example

A mortgage of £172,000.00 over 27 years initially on a fixed rate of 3.49% (Ending on 14 January 2025) and then our Standard Variable Rate of 5.24% for the remaining term, would require 59 monthly payments of £820.41 and 265 monthly payments of £963.20.

The total amount payable would be £303,977.64 made up of the loan amount plus interest (£131,668.64) with a Application Fee of £199.00, Funds Transfer Fee of £25.00 and a Mortgage Exit Fee of £85.00. 

The overall cost for comparison is 4.7% APRC representative.

Call us today on 0800 378 669

This product may be withdrawn or amended at any time, without prior notice

Teacher Exclusive, 5 Year Fixed Rate Remortgage 20% Deposit 3.49% Fixed
3.49% 5.24% 4.7% APRC 80% N/A £199

Key Features

Fixed rate

A fixed rate of 3.49% for the first 5 years (fixed until 14/01/2025). It then changes to our Standard Variable Rate, which is currently 5.24%, and remains on our variable rate terms for the rest of the mortgage.

The overall cost for comparison is 4.7% APRC.

What you Pay

  • Daily interest.
  • An application fee of £199 (non-refundable) is payable with the application.
  • A valuation fee is payable for all properties worth £800,000 or more.

Early repayment charge

An Early Repayment Charge of 3% on the amount repaid will be applied for the duration of the product term. You can overpay by up to 10% of the loan outstanding per calendar year without charge.

What we Pay

  • The first valuation fee for properties worth less than £800,000.
  • For remortgage applications, legal fees will be paid when using our appointed solicitor. For non-standard remortgages (i.e. shared ownership, transfer of equity, unencumbered property), we will pay £250 towards the legal costs and this will be sent directly to your solicitor on completion of the mortgage.
  • £100 cashback for NEU members upon completion.

Who can apply and more information

  • Available for remortgage applications only.
  • At least one applicant must be a qualified teacher or lecturer.

Your home may be repossessed if you do not keep up repayments on your mortgage

Representative Example

A mortgage of £172,000.00 over 27 years initially on a fixed rate of 3.49% (Ending on 14 January 2025) and then our Standard Variable Rate of 5.24% for the remaining term, would require 59 monthly payments of £820.41 and 265 monthly payments of £963.20.

The total amount payable would be £303,977.64 made up of the loan amount plus interest (£131,668.64) with a Application Fee of £199.00, Funds Transfer Fee of £25.00 and a Mortgage Exit Fee of £85.00. 

The overall cost for comparison is 4.7% APRC representative.

Call us today on 0800 378 669

This product may be withdrawn or amended at any time, without prior notice

Teacher Exclusive, 2 Year Fixed Rate Mortgage 10% Deposit 3.69% Fixed
3.69% 5.24% 5.1% APRC 90% N/A £199

Key Features

Fixed rate

A fixed rate of 3.69% for the first 2 years (fixed until 14/03/2022). It then changes to our Standard Variable Rate, which is currently 5.24%, and remains on our variable rate terms for the rest of the mortgage.

The overall cost for comparison is 5.1% APRC.

What you Pay

  • Daily interest.
  • An application fee of £199 (non-refundable) is payable with the application.
  • A valuation fee is payable for all properties worth £800,000 or more.
  • Early repayment charge

    An Early Repayment Charge of 3% on the amount repaid will be applied for the duration of the product term. You can overpay by up to 10% of the loan outstanding per calendar year without charge.
     

    What we Pay

    • The first valuation fee for properties worth less than £800,000.
    • £100 cashback for NEU members upon completion.

    Who can apply and more information

    • Available for home purchase applications only.
    • Available to teachers only.

    Your home may be repossessed if you do not keep up repayments on your mortgage

    Representative Example

    A mortgage of £172,000.00 over 27 years initially on a fixed rate of 3.69% (Ending on 14 March 2022) and then our Standard Variable Rate of 5.24% for the remaining term, would require 25 monthly payments of £839.27 and 299 monthly payments of £981.00.

    The total amount payable would be £314,627.14 made up of the loan amount plus interest (£142,318.14) with a Application Fee of £199.00, Funds Transfer Fee of £25.00 and a Mortgage Exit Fee of £85.00. 

    The overall cost for comparison is 5.1% APRC representative.

    Call us today on 0800 378 669

    This product may be withdrawn or amended at any time, without prior notice

    Teacher Exclusive, 2 Year Fixed Rate Remortgage 10% Deposit 3.69% Fixed
    3.69% 5.24% 5.1% APRC 90% N/A £199

    Key Features

    Fixed rate

    A fixed rate of 3.69% for the first 2 years (fixed until 14/03/2022). It then changes to our Standard Variable Rate, which is currently 5.24%, and remains on our variable rate terms for the rest of the mortgage.

    The overall cost for comparison is 5.1% APRC.

    What you Pay

  • Daily interest.
  • An application fee of £199 (non-refundable) is payable with the application.
  • A valuation fee is payable for all properties worth £800,000 or more.
  • Early repayment charge

    An Early Repayment Charge of 3% on the amount repaid will be applied for the duration of the product term. You can overpay by up to 10% of the loan outstanding per calendar year without charge.

    What we Pay

    • The first valuation fee for properties worth less than £800,000.
    • For remortgage applications, legal fees will be paid when using our appointed solicitor. For non-standard remortgages (i.e. Shared Ownership, transfer of equity, unencumbered property), we will pay £250 towards the legal costs and this will be sent directly to your solicitor on completion of the mortgage.
    • £100 cashback for NEU members upon completion.

    Who can apply and more information

    • Available for remortgage applications only.
    • Available to teachers only.

    Your home may be repossessed if you do not keep up repayments on your mortgage

    Representative Example

    A mortgage of £172,000.00 over 27 years initially on a fixed rate of 3.69% (Ending on 14 March 2022) and then our Standard Variable Rate of 5.24% for the remaining term, would require 25 monthly payments of £839.27 and 299 monthly payments of £981.00.

    The total amount payable would be £314,627.14 made up of the loan amount plus interest (£142,318.14) with a Application Fee of £199.00, Funds Transfer Fee of £25.00 and a Mortgage Exit Fee of £85.00. 

    The overall cost for comparison is 5.1% APRC representative.

    Call us today on 0800 378 669

    This product may be withdrawn or amended at any time, without prior notice

    Teacher Exclusive, 5 Year Fixed Rate Mortgage 10% Deposit 3.74% Fixed
    3.74% 5.24% 4.8% APRC 90% N/A £199

    Key Features

    Fixed rate

    A fixed rate of 3.74% for the first 5 years (fixed until 14/01/2025). It then changes to our Standard Variable Rate, which is currently 5.24%, and remains on our variable rate terms for the rest of the mortgage.

    The overall cost for comparison is 4.8% APRC.

    What you Pay

    • Daily interest.
    • An application fee of £199 (non-refundable) is payable with the application.
    • A valuation fee is payable for all properties worth £800,000 or more.

    Early repayment charge

    An Early Repayment Charge of 3% on the amount repaid will be applied for the duration of the product term. You can overpay by up to 10% of the loan outstanding per calendar year without charge.

    What we Pay

    • The first valuation fee for properties worth less than £800,000.
    • £100 cashback for NEU members upon completion.

    Who can apply and more information

    • Available for home purchase applications only.
    • At least one applicant must be a qualified teacher or lecturer.

    Your home may be repossessed if you do not keep up repayments on your mortgage

    Representative Example

    A mortgage of £172,000.00 over 27 years initially on a fixed rate of 3.74% (Ending on 14 January 2025) and then our Standard Variable Rate of 5.24% for the remaining term, would require 59 monthly payments of £844.02 and 265 monthly payments of £967.22.

    The total amount payable would be £306,437.12 made up of the loan amount plus interest (£134,128.12) with a Application Fee of £199.00, Funds Transfer Fee of £25.00 and a Mortgage Exit Fee of £85.00. 

    The overall cost for comparison is 4.8% APRC representative.

    Call us today on 0800 378 669

    This product may be withdrawn or amended at any time, without prior notice

    Teacher Exclusive, 5 Year Fixed Rate Remortgage 10% Deposit 3.74% Fixed
    3.74% 5.24% 4.8% APRC 90% N/A £199

    Key Features

    Fixed rate

    A fixed rate of 3.74% for the first 5 years (fixed until 14/01/2025). It then changes to our Standard Variable Rate, which is currently 5.24%, and remains on our variable rate terms for the rest of the mortgage.

    The overall cost for comparison is 4.8% APRC.

    What you Pay

    • Daily interest.
    • An application fee of £199 (non-refundable) is payable with the application.
    • A valuation fee is payable for all properties worth £800,000 or more.

    Early repayment charge

    An Early Repayment Charge of 3% on the amount repaid will be applied for the duration of the product term. You can overpay by up to 10% of the loan outstanding per calendar year without charge.

    What we Pay

    • The first valuation fee for properties worth less than £800,000.
    • For remortgage applications, legal fees will be paid when using our appointed solicitor. For non-standard remortgages (i.e. shared ownership, transfer of equity, unencumbered property), we will pay £250 towards the legal costs and this will be sent directly to your solicitor on completion of the mortgage.
    • £100 cashback for NEU members upon completion.

    Who can apply and more information

    • Available for remortgage applications only.
    • At least one applicant must be a qualified teacher or lecturer.

    Your home may be repossessed if you do not keep up repayments on your mortgage

    Representative Example

    A mortgage of £172,000.00 over 27 years initially on a fixed rate of 3.74% (Ending on 14 January 2025) and then our Standard Variable Rate of 5.24% for the remaining term, would require 59 monthly payments of £844.02 and 265 monthly payments of £967.22.

    The total amount payable would be £306,437.12 made up of the loan amount plus interest (£134,128.12) with a Application Fee of £199.00, Funds Transfer Fee of £25.00 and a Mortgage Exit Fee of £85.00. 

    The overall cost for comparison is 4.8% APRC representative.

    Call us today on 0800 378 669

    This product may be withdrawn or amended at any time, without prior notice

    Newly Qualified Teacher Exclusive, 5 Year Fixed Rate Mortgage 5% Deposit 3.99% Fixed
    3.99% 5.24% 4.9% APRC 95% N/A £199

    Key Features

    Fixed rate

    A fixed rate of 3.99% for the first 5 years (fixed until 14/01/2025). It then changes to our Standard Variable Rate, which is currently 5.24%, and remains on our variable rate terms for the rest of the mortgage.

    The overall cost for comparison is 4.9% APRC.

    What you Pay

    • Daily interest.
    • An application fee of £199 (non-refundable) is payable with the application.
    • A valuation fee is payable for all properties worth £800,000 or more.

    Early repayment charge

    An Early Repayment Charge of 3% on the amount repaid will be applied for the duration of the product term. You can overpay by up to 10% of the loan outstanding per calendar year without charge.

    What we Pay

    • The first valuation fee for properties worth less than £800,000.
    • £100 cashback for NEU members upon completion.

    Who can apply and more information

    • Available for home purchase applications only.
    • At least one applicant must be a newly qualified teacher (NQT).

    Your home may be repossessed if you do not keep up repayments on your mortgage

    Representative Example

    A mortgage of £172,000.00 over 27 years initially on a fixed rate of 3.99% (Ending on 14 January 2025) and then our Standard Variable Rate of 5.24% for the remaining term, would require 59 monthly payments of £867.99 and 265 monthly payments of £971.14.

    The total amount payable would be £308,891.32 made up of the loan amount plus interest (£136,582.32) with a Application Fee of £199.00, Funds Transfer Fee of £25.00 and a Mortgage Exit Fee of £85.00. 

    The overall cost for comparison is 4.9% APRC representative.

    Call us today on 0800 378 669

    This product may be withdrawn or amended at any time, without prior notice

    Teacher Exclusive, 2 Year Fixed Rate Mortgage 5% Deposit 3.94% Fixed
    3.94% 5.24% 5.1% APRC 95% N/A £199

    Key Features

    Fixed rate

    A fixed rate of 3.94% for the first 2 years (fixed until 14/03/2022). It then changes to our Standard Variable Rate, which is currently 5.24%, and remains on our variable rate terms for the rest of the mortgage.

    The overall cost for comparison is 5.1% APRC.

    What you Pay

  • Daily interest.
  • An application fee of £199 (non-refundable) is payable with the application.
  • A valuation fee is payable for all properties worth £800,000 or more.
  • Early repayment charge

    An Early Repayment Charge of 3% on the amount repaid will be applied for the duration of the product term. You can overpay by up to 10% of the loan outstanding per calendar year without charge.

    What we Pay

    • The first valuation fee for properties worth less than £800,000.
    • £100 cashback for NEU members upon completion.

    Who can apply and more information

    • Available for home purchase applications only.
    • At least one applicant must be a qualified teacher or lecturer.

    Your home may be repossessed if you do not keep up repayments on your mortgage

    Representative Example

    A mortgage of £172,000.00 over 27 years initially on a fixed rate of 3.94% (Ending on 14 March 2022) and then our Standard Variable Rate of 5.24% for the remaining term, would require 25 monthly payments of £863.17 and 299 monthly payments of £982.58.

    The total amount payable would be £315,698.25 made up of the loan amount plus interest (£143,389.25) with a Application Fee of £199.00, Funds Transfer Fee of £25.00 and a Mortgage Exit Fee of £85.00. 

    The overall cost for comparison is 5.1% APRC representative.

    Call us today on 0800 378 669

    This product may be withdrawn or amended at any time, without prior notice

    Teacher Exclusive, 5 Year Fixed Rate Mortgage 5% Deposit 3.99% Fixed
    3.99% 5.24% 4.9% APRC 95% N/A £199

    Key Features

    Fixed rate

    A fixed rate of 3.99% for the first 5 years (fixed until 14/01/2025). It then changes to our Standard Variable Rate, which is currently 5.24%, and remains on our variable rate terms for the rest of the mortgage.

    The overall cost for comparison is 4.9% APRC.

    What you Pay

    • Daily interest.
    • An application fee of £199 (non-refundable) is payable with the application.
    • A valuation fee is payable for all properties worth £800,000 or more.

    Early repayment charge

    An Early Repayment Charge of 3% on the amount repaid will be applied for the duration of the product term. You can overpay by up to 10% of the loan outstanding per calendar year without charge.

     

    What we Pay

    • The first valuation fee for properties worth less than £800,000.
    • £100 cashback for NEU members upon completion.

    Who can apply and more information

    • Available for home purchase applications only.
    • At least one applicant must be a qualified teacher or lecturer.

    Your home may be repossessed if you do not keep up repayments on your mortgage

    Representative Example

    A mortgage of £172,000.00 over 27 years initially on a fixed rate of 3.99% (Ending on 14 January 2025) and then our Standard Variable Rate of 5.24% for the remaining term, would require 59 monthly payments of £867.99 and 265 monthly payments of £971.14.

    The total amount payable would be £308,891.32 made up of the loan amount plus interest (£136,582.32) with a Application Fee of £199.00, Funds Transfer Fee of £25.00 and a Mortgage Exit Fee of £85.00. 

    The overall cost for comparison is 4.9% APRC representative.

    Call us today on 0800 378 669

    This product may be withdrawn or amended at any time, without prior notice

    Teacher Exclusive, Shared Ownership, 2 Year Fixed Rate Mortgage 5% Deposit 3.69% Fixed
    3.69% 5.24% 5.1% APRC 95% N/A £199

    Key Features

    Fixed rate

    A fixed rate of 3.69% for the first 2 years (fixed until 14/03/2022). It then changes to our Standard Variable Rate, which is currently 5.24%, and remains on our variable rate terms for the rest of the mortgage.

    The overall cost for comparison is 5.1% APRC.

    What you Pay

  • Daily interest.
  • An application fee of £199 (non-refundable) is payable with the application.
  • A valuation fee is payable for all properties worth £800,000 or more.
  • Early repayment charge

    An Early Repayment Charge of 3% on the amount repaid will be applied for the duration of the product term. You can overpay by up to 10% of the loan outstanding per calendar year without charge.

    What we Pay

    • The first valuation fee for properties worth less than £800,000.
    • £100 cashback for NEU members upon completion.

    Who can apply and more information

    • Available for Shared Ownership home purchase applications only.
    • Available to teachers only.

    Your home may be repossessed if you do not keep up repayments on your mortgage

    Representative Example

    A mortgage of £172,000.00 over 27 years initially on a fixed rate of 3.69% (Ending on 14 March 2022) and then our Standard Variable Rate of 5.24% for the remaining term, would require 25 monthly payments of £839.27 and 299 monthly payments of £981.00.

    The total amount payable would be £314,627.14 made up of the loan amount plus interest (£142,318.14) with a Application Fee of £199.00, Funds Transfer Fee of £25.00 and a Mortgage Exit Fee of £85.00. 

    The overall cost for comparison is 5.1% APRC representative. 

    Call us today on 0800 378 669

    This product may be withdrawn or amended at any time, without prior notice

    Teacher Exclusive, Shared Ownership, 5 Year Fixed Rate Mortgage 5% Deposit 3.74% Fixed
    3.74% 5.24% 4.8% APRC 95% N/A £199

    Key Features

    Fixed rate

    A fixed rate of 3.74% for the first 5 years (fixed until 14/01/2025). It then changes to our Standard Variable Rate, which is currently 5.24%, and remains on our variable rate terms for the rest of the mortgage.

    The overall cost for comparison is 4.8% APRC.

     

    What you Pay

    • Daily interest.
    • An application fee of £199 (non-refundable) is payable with the application.
    • A valuation fee is payable for all properties worth £800,000 or more.

    Early repayment charge

    An Early Repayment Charge of 3% on the amount repaid will be applied for the duration of the product term. You can overpay by up to 10% of the loan outstanding per calendar year without charge.

    What we Pay

    • The first valuation fee for properties worth less than £800,000.
    • £100 cashback for NEU members upon completion.

    Who can apply and more information

    • Available for Shared Ownership home purchase applications only.
    • Available to teachers only.

    Your home may be repossessed if you do not keep up repayments on your mortgage

    Representative Example

    A mortgage of £172,000.00 over 27 years initially on a fixed rate of 3.74% (Ending on 14 January 2025) and then our Standard Variable Rate of 5.24% for the remaining term, would require 59 monthly payments of £844.02 and 265 monthly payments of £967.22.

    The total amount payable would be £306,437.12 made up of the loan amount plus interest (£134,128.12) with a Application Fee of £199.00, Funds Transfer Fee of £25.00 and a Mortgage Exit Fee of £85.00. 

    The overall cost for comparison is 4.8% APRC representative.

    Call us today on 0800 378 669

    This product may be withdrawn or amended at any time, without prior notice

    ALL FIXED RATE MORTGAGES

    2 Year Fixed Rate Mortgage 20% Deposit 3.64% Fixed
    3.64% 5.24% 5.1% APRC 80% N/A £199

    Key Features

    Fixed rate

    A fixed rate of 3.64% for the first 2 years (fixed until 14/03/2022). It then changes to our Standard Variable Rate, which is currently 5.24%, and remains on our variable rate terms for the rest of the mortgage.

    The overall cost for comparison is 5.1% APRC.

    What you Pay

    • Daily interest.
    • An application fee of £199 (non-refundable) is payable with the application.
    • A valuation fee is payable for all properties worth £800,000 or more.

    Early repayment charge

    An Early Repayment Charge of 3% on the amount repaid will be applied for the duration of the product term. You can overpay by up to 10% of the loan outstanding per calendar year without charge.

    What we Pay

    • The first valuation fee for properties worth less than £800,000.

    Who can apply and more information

    • Available for home purchase applications only.

    Your home may be repossessed if you do not keep up repayments on your mortgage

    Representative Example

    A mortgage of £172,000.00 over 27 years initially on a fixed rate of 3.64% (Ending on 14 March 2022) and then our Standard Variable Rate of 5.24% for the remaining term, would require 25 monthly payments of £834.53 and 299 monthly payments of £980.68.

    The total amount payable would be £314,412.73 made up of the loan amount plus interest (£142,103.73) with a Application Fee of £199.00, Funds Transfer Fee of £25.00 and a Mortgage Exit Fee of £85.00. 

    The overall cost for comparison is 5.1% APRC representative.

    Call us today on 0800 378 669

    This product may be withdrawn or amended at any time, without prior notice

    2 Year Fixed Rate Remortgage 20% Deposit 3.64% Fixed
    3.64% 5.24% 5.1% APRC 80% N/A £199

    Key Features

    Fixed rate

    A fixed rate of 3.64% for the first 2 years (fixed until 14/03/2022). It then changes to our Standard Variable Rate, which is currently 5.24%, and remains on our variable rate terms for the rest of the mortgage.

    The overall cost for comparison is 5.1% APRC.

    What you Pay

    • Daily interest.
    • An application fee of £199 (non-refundable) is payable with the application.
    • A valuation fee is payable for all properties worth £800,000 or more.

    Early repayment charge

    An Early Repayment Charge of 3% on the amount repaid will be applied for the duration of the product term. You can overpay by up to 10% of the loan outstanding per calendar year without charge.

    What we Pay

    • The first valuation fee for properties worth less than £800,000.
    • For remortgage applications, legal fees will be paid when using our appointed solicitor. For non-standard remortgages (i.e. shared ownership, transfer of equity, unencumbered property), we will pay £250 towards the legal costs and this will be sent directly to your solicitor on completion of the mortgage.

    Who can apply and more information

    • Available for remortgage applications only.

    Your home may be repossessed if you do not keep up repayments on your mortgage

    Representative Example

    A mortgage of £172,000.00 over 27 years initially on a fixed rate of 3.64% (Ending on 14 March 2022) and then our Standard Variable Rate of 5.24% for the remaining term, would require 25 monthly payments of £834.53 and 299 monthly payments of £980.68.

    The total amount payable would be £314,412.73 made up of the loan amount plus interest (£142,103.73) with a Application Fee of £199.00, Funds Transfer Fee of £25.00 and a Mortgage Exit Fee of £85.00. 

    The overall cost for comparison is 5.1% APRC representative.

    Call us today on 0800 378 669

    This product may be withdrawn or amended at any time, without prior notice

    5 Year Fixed Rate Mortgage 20% Deposit 3.69% Fixed
    3.69% 5.24% 4.7% APRC 80% N/A £199

    Key Features

    Fixed rate

    A fixed rate of 3.69% for the first 5 years (fixed until 14/01/2025). It then changes to our Standard Variable Rate, which is currently 5.24%, and remains on our variable rate terms for the rest of the mortgage.

    The overall cost for comparison is 4.7% APRC.

    What you Pay

    • Daily interest.
    • An application fee of £199 (non-refundable) is payable with the application.
    • A valuation fee is payable for all properties worth £800,000 or more.

    Early repayment charge

    An Early Repayment Charge of 3% on the amount repaid will be applied for the duration of the product term. You can overpay by up to 10% of the loan outstanding per calendar year without charge.

    What we Pay

    • The first valuation fee for properties worth less than £800,000.

    Who can apply and more information

    • Available for home purchase applications only.

    Your home may be repossessed if you do not keep up repayments on your mortgage

    Representative Example

    A mortgage of £172,000.00 over 27 years initially on a fixed rate of 3.69% (Ending on 14 January 2025) and then our Standard Variable Rate of 5.24% for the remaining term, would require 59 monthly payments of £839.27 and 265 monthly payments of £966.42.

    The total amount payable would be £305,944.62 made up of the loan amount plus interest (£133,635.62) with a Application Fee of £199.00, Funds Transfer Fee of £25.00 and a Mortgage Exit Fee of £85.00. 

    The overall cost for comparison is 4.7% APRC representative.

    Call us today on 0800 378 669

    This product may be withdrawn or amended at any time, without prior notice

    5 Year Fixed Rate Remortgage 20% Deposit 3.69% Fixed
    3.69% 5.24% 4.7% APRC 80% N/A £199

    Key Features

    Fixed rate

    A fixed rate of 3.69% for the first 5 years (fixed until 14/01/2025). It then changes to our Standard Variable Rate, which is currently 5.24%, and remains on our variable rate terms for the rest of the mortgage.

    The overall cost for comparison is 4.7% APRC.

    What you Pay

    • Daily interest.
    • An application fee of £199 (non-refundable) is payable with the application.
    • A valuation fee is payable for all properties worth £800,000 or more.

    Early repayment charge

    An Early Repayment Charge of 3% on the amount repaid will be applied for the duration of the product term. You can overpay by up to 10% of the loan outstanding per calendar year without charge.

    What we Pay

    • The first valuation fee for properties worth less than £800,000.
    • For remortgage applications, legal fees will be paid when using our appointed solicitor. For non-standard remortgages (i.e. shared ownership, transfer of equity, unencumbered property), we will pay £250 towards the legal costs and this will be sent directly to your solicitor on completion of the mortgage.

    Who can apply and more information

    • Available for remortgage applications only.

    Your home may be repossessed if you do not keep up repayments on your mortgage

    Representative Example

    A mortgage of £172,000.00 over 27 years initially on a fixed rate of 3.69% (Ending on 14 January 2025) and then our Standard Variable Rate of 5.24% for the remaining term, would require 59 monthly payments of £839.27 and 265 monthly payments of £966.42.

    The total amount payable would be £305,944.62 made up of the loan amount plus interest (£133,635.62) with a Application Fee of £199.00, Funds Transfer Fee of £25.00 and a Mortgage Exit Fee of £85.00. 

    The overall cost for comparison is 4.7% APRC representative.

    Call us today on 0800 378 669

    This product may be withdrawn or amended at any time, without prior notice

    Teacher Exclusive, 2 Year Fixed Rate Mortgage 20% Deposit 3.44% Fixed
    3.44% 5.24% 5.0% APRC 80% N/A £199

    Key Features

    Fixed rate

    A fixed rate of 3.44% for the first 2 years (fixed until 14/03/2022). It then changes to our Standard Variable Rate, which is currently 5.24%, and remains on our variable rate terms for the rest of the mortgage.

    The overall cost for comparison is 5.0% APRC.

    What you Pay

    • Daily interest.
    • An application fee of £199 (non-refundable) is payable with the application.
    • A valuation fee is payable for all properties worth £800,000 or more.

    Early repayment charge

    An Early Repayment Charge of 3% on the amount repaid will be applied for the duration of the product term. You can overpay by up to 10% of the loan outstanding per calendar year without charge.
     

    What we Pay

    • The first valuation fee for properties worth less than £800,000.
    • £100 cashback for NEU members upon completion.

    Who can apply and more information

    • Available for home purchase applications only.
    • Available to teachers only.

    Your home may be repossessed if you do not keep up repayments on your mortgage

    Representative Example

    A mortgage of £172,000.00 over 27 years initially on a fixed rate of 3.44% (Ending on 14 March 2022) and then our Standard Variable Rate of 5.24% for the remaining term, would require 25 monthly payments of £815.73 and 299 monthly payments of £979.37.

    The total amount payable would be £313,550.10 made up of the loan amount plus interest (£141,241.10) with a Application Fee of £199.00, Funds Transfer Fee of £25.00 and a Mortgage Exit Fee of £85.00. 

    The overall cost for comparison is 5.0% APRC representative.

    Call us today on 0800 378 669

    This product may be withdrawn or amended at any time, without prior notice

    Teacher Exclusive, 2 Year Fixed Rate Remortgage 20% Deposit 3.44% Fixed
    3.44% 5.24% 5.0% APRC 80% N/A £199

    Key Features

    Fixed rate

    A fixed rate of 3.44% for the first 2 years (fixed until 14/03/2022). It then changes to our Standard Variable Rate, which is currently 5.24%, and remains on our variable rate terms for the rest of the mortgage.
     
    The overall cost for comparison is 5.0% APRC.
     

    What you Pay

    • Daily interest.
    • An application fee of £199 (non-refundable) is payable with the application.
    • A valuation fee is payable for all properties worth £800,000 or more.

    Early repayment charge

    An Early Repayment Charge of 3% on the amount repaid will be applied for the duration of the product term. You can overpay by up to 10% of the loan outstanding per calendar year without charge.

    What we Pay

    • The first valuation fee for properties worth less than £800,000.
    • For remortgage applications, legal fees will be paid when using our appointed solicitor. For non-standard remortgages (i.e. shared ownership, transfer of equity, unencumbered property), we will pay £250 towards the legal costs and this will be sent directly to your solicitor on completion of the mortgage.
    • £100 cashback for NEU members upon completion.

    Who can apply and more information

    • Available for remortgage applications only.
    • Available to teachers only.

    Your home may be repossessed if you do not keep up repayments on your mortgage

    Representative Example

    A mortgage of £172,000.00 over 27 years initially on a fixed rate of 3.44% (Ending on 14 March 2022) and then our Standard Variable Rate of 5.24% for the remaining term, would require 25 monthly payments of £815.73 and 299 monthly payments of £979.37.

    The total amount payable would be £313,550.10 made up of the loan amount plus interest (£141,241.10) with a Application Fee of £199.00, Funds Transfer Fee of £25.00 and a Mortgage Exit Fee of £85.00. 

    The overall cost for comparison is 5.0% APRC representative.

    Call us today on 0800 378 669

    This product may be withdrawn or amended at any time, without prior notice

    Teacher Exclusive, 5 Year Fixed Rate Mortgage 20% Deposit 3.49% Fixed
    3.49% 5.24% 4.7% APRC 80% N/A £199

    Key Features

    Fixed rate

    A fixed rate of 3.49% for the first 5 years (fixed until 14/01/2025). It then changes to our Standard Variable Rate, which is currently 5.24%, and remains on our variable rate terms for the rest of the mortgage.

    The overall cost for comparison is 4.7% APRC.

    What you Pay

    • Daily interest.
    • An application fee of £199 (non-refundable) is payable with the application.
    • A valuation fee is payable for all properties worth £800,000 or more.

    Early repayment charge

    An Early Repayment Charge of 3% on the amount repaid will be applied for the duration of the product term. You can overpay by up to 10% of the loan outstanding per calendar year without charge.

    What we Pay

    • The first valuation fee for properties worth less than £800,000.
    • £100 cashback for NEU members upon completion.

    Who can apply and more information

    • Available for home purchase applications only.
    • At least one applicant must be a qualified teacher or lecturer.

    Your home may be repossessed if you do not keep up repayments on your mortgage

    Representative Example

    A mortgage of £172,000.00 over 27 years initially on a fixed rate of 3.49% (Ending on 14 January 2025) and then our Standard Variable Rate of 5.24% for the remaining term, would require 59 monthly payments of £820.41 and 265 monthly payments of £963.20.

    The total amount payable would be £303,977.64 made up of the loan amount plus interest (£131,668.64) with a Application Fee of £199.00, Funds Transfer Fee of £25.00 and a Mortgage Exit Fee of £85.00. 

    The overall cost for comparison is 4.7% APRC representative.

    Call us today on 0800 378 669

    This product may be withdrawn or amended at any time, without prior notice

    Teacher Exclusive, 5 Year Fixed Rate Remortgage 20% Deposit 3.49% Fixed
    3.49% 5.24% 4.7% APRC 80% N/A £199

    Key Features

    Fixed rate

    A fixed rate of 3.49% for the first 5 years (fixed until 14/01/2025). It then changes to our Standard Variable Rate, which is currently 5.24%, and remains on our variable rate terms for the rest of the mortgage.

    The overall cost for comparison is 4.7% APRC.

    What you Pay

    • Daily interest.
    • An application fee of £199 (non-refundable) is payable with the application.
    • A valuation fee is payable for all properties worth £800,000 or more.

    Early repayment charge

    An Early Repayment Charge of 3% on the amount repaid will be applied for the duration of the product term. You can overpay by up to 10% of the loan outstanding per calendar year without charge.

    What we Pay

    • The first valuation fee for properties worth less than £800,000.
    • For remortgage applications, legal fees will be paid when using our appointed solicitor. For non-standard remortgages (i.e. shared ownership, transfer of equity, unencumbered property), we will pay £250 towards the legal costs and this will be sent directly to your solicitor on completion of the mortgage.
    • £100 cashback for NEU members upon completion.

    Who can apply and more information

    • Available for remortgage applications only.
    • At least one applicant must be a qualified teacher or lecturer.

    Your home may be repossessed if you do not keep up repayments on your mortgage

    Representative Example

    A mortgage of £172,000.00 over 27 years initially on a fixed rate of 3.49% (Ending on 14 January 2025) and then our Standard Variable Rate of 5.24% for the remaining term, would require 59 monthly payments of £820.41 and 265 monthly payments of £963.20.

    The total amount payable would be £303,977.64 made up of the loan amount plus interest (£131,668.64) with a Application Fee of £199.00, Funds Transfer Fee of £25.00 and a Mortgage Exit Fee of £85.00. 

    The overall cost for comparison is 4.7% APRC representative.

    Call us today on 0800 378 669

    This product may be withdrawn or amended at any time, without prior notice

    2 Year Fixed Rate Mortgage 10% Deposit 3.89% Fixed
    3.89% 5.24% 5.1% APRC 90% N/A £199

    Key Features

    Fixed rate

    A fixed rate of 3.89% for the first 2 years (fixed until 14/03/2022). It then changes to our Standard Variable Rate, which is currently 5.24%, and remains on our variable rate terms for the rest of the mortgage.

    The overall cost for comparison is 5.1% APRC.

    What you Pay

    • Daily interest.
    • An application fee of £199 (non-refundable) is payable with the application.
    • A valuation fee is payable for all properties worth £800,000 or more.

    Early repayment charge

    An Early Repayment Charge of 3% on the amount repaid will be applied for the duration of the product term. You can overpay by up to 10% of the loan outstanding per calendar year without charge.

    What we Pay

    • The first valuation fee for properties worth less than £800,000.

    Who can apply and more information

    • Available for home purchase applications only.

    Your home may be repossessed if you do not keep up repayments on your mortgage

    Representative Example

    A mortgage of £172,000.00 over 27 years initially on a fixed rate of 3.89% (Ending on 14 March 2022) and then our Standard Variable Rate of 5.24% for the remaining term, would require 25 monthly payments of £858.36 and 299 monthly payments of £982.27.

    The total amount payable would be £315,485.07 made up of the loan amount plus interest (£143,176.07) with a Application Fee of £199.00, Funds Transfer Fee of £25.00 and a Mortgage Exit Fee of £85.00. 

    The overall cost for comparison is 5.1% APRC representative.

    Call us today on 0800 378 669

    This product may be withdrawn or amended at any time, without prior notice

    2 Year Fixed Rate Remortgage 10% Deposit 3.89% Fixed
    3.89% 5.24% 5.1% APRC 90% N/A £199

    Key Features

    Fixed rate

    A fixed rate of 3.89% for the first 2 years (fixed until 14/03/2022). It then changes to our Standard Variable Rate, which is currently 5.24%, and remains on our variable rate terms for the rest of the mortgage.

    The overall cost for comparison is 5.1% APRC.

    What you Pay

    • Daily interest.
    • An application fee of £199 (non-refundable) is payable with the application.
    • A valuation fee is payable for all properties worth £800,000 or more.

    Early repayment charge

    An Early Repayment Charge of 3% on the amount repaid will be applied for the duration of the product term. You can overpay by up to 10% of the loan outstanding per calendar year without charge.

    What we Pay

    • The first valuation fee for properties worth less than £800,000.
    • For remortgage applications, legal fees will be paid when using our appointed solicitor. For non-standard remortgages (i.e. shared ownership, transfer of equity, unencumbered property), we will pay £250 towards the legal costs and this will be sent directly to your solicitor on completion of the mortgage.

    Who can apply and more information

    • Available for remortgage applications only.

    Your home may be repossessed if you do not keep up repayments on your mortgage

    Representative Example

    A mortgage of £172,000.00 over 27 years initially on a fixed rate of 3.89% (Ending on 14 March 2022) and then our Standard Variable Rate of 5.24% for the remaining term, would require 25 monthly payments of £858.36 and 299 monthly payments of £982.27.

    The total amount payable would be £315,485.07 made up of the loan amount plus interest (£143,176.07) with a Application Fee of £199.00, Funds Transfer Fee of £25.00 and a Mortgage Exit Fee of £85.00. 

    The overall cost for comparison is 5.1% APRC representative.

    Call us today on 0800 378 669

    This product may be withdrawn or amended at any time, without prior notice

    5 Year Fixed Rate Mortgage 10% Deposit 3.94% Fixed
    3.94% 5.24% 4.8% APRC 90% N/A £199

    Key Features

    Fixed rate

    A fixed rate of 3.94% for the first 5 years (fixed until 14/01/2025). It then changes to our Standard Variable Rate, which is currently 5.24%, and remains on our variable rate terms for the rest of the mortgage.

    The overall cost for comparison is 4.8% APRC.

    What you Pay

    • Daily interest.
    • An application fee of £199 (non-refundable) is payable with the application.
    • A valuation fee is payable for all properties worth £800,000 or more.

    Early repayment charge

    An Early Repayment Charge of 3% on the amount repaid will be applied for the duration of the product term. You can overpay by up to 10% of the loan outstanding per calendar year without charge.

    What we Pay

    • The first valuation fee for properties worth less than £800,000.

    Who can apply and more information

    • Available for home purchase applications only.

    Your home may be repossessed if you do not keep up repayments on your mortgage

    Representative Example

    A mortgage of £172,000.00 over 27 years initially on a fixed rate of 3.94% (Ending on 14 January 2025) and then our Standard Variable Rate of 5.24% for the remaining term, would require 59 monthly payments of £863.17 and 265 monthly payments of £970.36.

    The total amount payable would be £308,400.01 made up of the loan amount plus interest (£136,091.01) with a Application Fee of £199.00, Funds Transfer Fee of £25.00 and a Mortgage Exit Fee of £85.00. 

    The overall cost for comparison is 4.8% APRC representative.

    Call us today on 0800 378 669

    This product may be withdrawn or amended at any time, without prior notice

    5 Year Fixed Rate Remortgage 10% Deposit 3.94% Fixed
    3.94% 5.24% 4.8% APRC 90% N/A £199

    Key Features

    Fixed rate

    A fixed rate of 3.94% for the first 5 years (fixed until 14/01/2025). It then changes to our Standard Variable Rate, which is currently 5.24%, and remains on our variable rate terms for the rest of the mortgage.

    The overall cost for comparison is 4.8% APRC.

    What you Pay

    • Daily interest.
    • An application fee of £199 (non-refundable) is payable with the application.
    • A valuation fee is payable for all properties worth £800,000 or more.

    Early repayment charge

    An Early Repayment Charge of 3% on the amount repaid will be applied for the duration of the product term. You can overpay by up to 10% of the loan outstanding per calendar year without charge.

    What we Pay

    • The first valuation fee for properties worth less than £800,000.
    • For remortgage applications, legal fees will be paid when using our appointed solicitor. For non-standard remortgages (i.e. shared ownership, transfer of equity, unencumbered property), we will pay £250 towards the legal costs and this will be sent directly to your solicitor on completion of the mortgage.

    Who can apply and more information

    • Available for remortgage applications only.

    Your home may be repossessed if you do not keep up repayments on your mortgage

    Representative Example

    A mortgage of £172,000.00 over 27 years initially on a fixed rate of 3.94% (Ending on 14 January 2025) and then our Standard Variable Rate of 5.24% for the remaining term, would require 59 monthly payments of £863.17 and 265 monthly payments of £970.36.

    The total amount payable would be £308,400.01 made up of the loan amount plus interest (£136,091.01) with a Application Fee of £199.00, Funds Transfer Fee of £25.00 and a Mortgage Exit Fee of £85.00. 

    The overall cost for comparison is 4.8% APRC representative.

    Call us today on 0800 378 669

    This product may be withdrawn or amended at any time, without prior notice

    Teacher Exclusive, 2 Year Fixed Rate Mortgage 10% Deposit 3.69% Fixed
    3.69% 5.24% 5.1% APRC 90% N/A £199

    Key Features

    Fixed rate

    A fixed rate of 3.69% for the first 2 years (fixed until 14/03/2022). It then changes to our Standard Variable Rate, which is currently 5.24%, and remains on our variable rate terms for the rest of the mortgage.

    The overall cost for comparison is 5.1% APRC.

    What you Pay

  • Daily interest.
  • An application fee of £199 (non-refundable) is payable with the application.
  • A valuation fee is payable for all properties worth £800,000 or more.
  • Early repayment charge

    An Early Repayment Charge of 3% on the amount repaid will be applied for the duration of the product term. You can overpay by up to 10% of the loan outstanding per calendar year without charge.
     

    What we Pay

    • The first valuation fee for properties worth less than £800,000.
    • £100 cashback for NEU members upon completion.

    Who can apply and more information

    • Available for home purchase applications only.
    • Available to teachers only.

    Your home may be repossessed if you do not keep up repayments on your mortgage

    Representative Example

    A mortgage of £172,000.00 over 27 years initially on a fixed rate of 3.69% (Ending on 14 March 2022) and then our Standard Variable Rate of 5.24% for the remaining term, would require 25 monthly payments of £839.27 and 299 monthly payments of £981.00.

    The total amount payable would be £314,627.14 made up of the loan amount plus interest (£142,318.14) with a Application Fee of £199.00, Funds Transfer Fee of £25.00 and a Mortgage Exit Fee of £85.00. 

    The overall cost for comparison is 5.1% APRC representative.

    Call us today on 0800 378 669

    This product may be withdrawn or amended at any time, without prior notice

    Teacher Exclusive, 2 Year Fixed Rate Remortgage 10% Deposit 3.69% Fixed
    3.69% 5.24% 5.1% APRC 90% N/A £199

    Key Features

    Fixed rate

    A fixed rate of 3.69% for the first 2 years (fixed until 14/03/2022). It then changes to our Standard Variable Rate, which is currently 5.24%, and remains on our variable rate terms for the rest of the mortgage.

    The overall cost for comparison is 5.1% APRC.

    What you Pay

  • Daily interest.
  • An application fee of £199 (non-refundable) is payable with the application.
  • A valuation fee is payable for all properties worth £800,000 or more.
  • Early repayment charge

    An Early Repayment Charge of 3% on the amount repaid will be applied for the duration of the product term. You can overpay by up to 10% of the loan outstanding per calendar year without charge.

    What we Pay

    • The first valuation fee for properties worth less than £800,000.
    • For remortgage applications, legal fees will be paid when using our appointed solicitor. For non-standard remortgages (i.e. Shared Ownership, transfer of equity, unencumbered property), we will pay £250 towards the legal costs and this will be sent directly to your solicitor on completion of the mortgage.
    • £100 cashback for NEU members upon completion.

    Who can apply and more information

    • Available for remortgage applications only.
    • Available to teachers only.

    Your home may be repossessed if you do not keep up repayments on your mortgage

    Representative Example

    A mortgage of £172,000.00 over 27 years initially on a fixed rate of 3.69% (Ending on 14 March 2022) and then our Standard Variable Rate of 5.24% for the remaining term, would require 25 monthly payments of £839.27 and 299 monthly payments of £981.00.

    The total amount payable would be £314,627.14 made up of the loan amount plus interest (£142,318.14) with a Application Fee of £199.00, Funds Transfer Fee of £25.00 and a Mortgage Exit Fee of £85.00. 

    The overall cost for comparison is 5.1% APRC representative.

    Call us today on 0800 378 669

    This product may be withdrawn or amended at any time, without prior notice

    Teacher Exclusive, 5 Year Fixed Rate Mortgage 10% Deposit 3.74% Fixed
    3.74% 5.24% 4.8% APRC 90% N/A £199

    Key Features

    Fixed rate

    A fixed rate of 3.74% for the first 5 years (fixed until 14/01/2025). It then changes to our Standard Variable Rate, which is currently 5.24%, and remains on our variable rate terms for the rest of the mortgage.

    The overall cost for comparison is 4.8% APRC.

    What you Pay

    • Daily interest.
    • An application fee of £199 (non-refundable) is payable with the application.
    • A valuation fee is payable for all properties worth £800,000 or more.

    Early repayment charge

    An Early Repayment Charge of 3% on the amount repaid will be applied for the duration of the product term. You can overpay by up to 10% of the loan outstanding per calendar year without charge.

    What we Pay

    • The first valuation fee for properties worth less than £800,000.
    • £100 cashback for NEU members upon completion.

    Who can apply and more information

    • Available for home purchase applications only.
    • At least one applicant must be a qualified teacher or lecturer.

    Your home may be repossessed if you do not keep up repayments on your mortgage

    Representative Example

    A mortgage of £172,000.00 over 27 years initially on a fixed rate of 3.74% (Ending on 14 January 2025) and then our Standard Variable Rate of 5.24% for the remaining term, would require 59 monthly payments of £844.02 and 265 monthly payments of £967.22.

    The total amount payable would be £306,437.12 made up of the loan amount plus interest (£134,128.12) with a Application Fee of £199.00, Funds Transfer Fee of £25.00 and a Mortgage Exit Fee of £85.00. 

    The overall cost for comparison is 4.8% APRC representative.

    Call us today on 0800 378 669

    This product may be withdrawn or amended at any time, without prior notice

    Teacher Exclusive, 5 Year Fixed Rate Remortgage 10% Deposit 3.74% Fixed
    3.74% 5.24% 4.8% APRC 90% N/A £199

    Key Features

    Fixed rate

    A fixed rate of 3.74% for the first 5 years (fixed until 14/01/2025). It then changes to our Standard Variable Rate, which is currently 5.24%, and remains on our variable rate terms for the rest of the mortgage.

    The overall cost for comparison is 4.8% APRC.

    What you Pay

    • Daily interest.
    • An application fee of £199 (non-refundable) is payable with the application.
    • A valuation fee is payable for all properties worth £800,000 or more.

    Early repayment charge

    An Early Repayment Charge of 3% on the amount repaid will be applied for the duration of the product term. You can overpay by up to 10% of the loan outstanding per calendar year without charge.

    What we Pay

    • The first valuation fee for properties worth less than £800,000.
    • For remortgage applications, legal fees will be paid when using our appointed solicitor. For non-standard remortgages (i.e. shared ownership, transfer of equity, unencumbered property), we will pay £250 towards the legal costs and this will be sent directly to your solicitor on completion of the mortgage.
    • £100 cashback for NEU members upon completion.

    Who can apply and more information

    • Available for remortgage applications only.
    • At least one applicant must be a qualified teacher or lecturer.

    Your home may be repossessed if you do not keep up repayments on your mortgage

    Representative Example

    A mortgage of £172,000.00 over 27 years initially on a fixed rate of 3.74% (Ending on 14 January 2025) and then our Standard Variable Rate of 5.24% for the remaining term, would require 59 monthly payments of £844.02 and 265 monthly payments of £967.22.

    The total amount payable would be £306,437.12 made up of the loan amount plus interest (£134,128.12) with a Application Fee of £199.00, Funds Transfer Fee of £25.00 and a Mortgage Exit Fee of £85.00. 

    The overall cost for comparison is 4.8% APRC representative.

    Call us today on 0800 378 669

    This product may be withdrawn or amended at any time, without prior notice

    Newly Qualified Teacher Exclusive, 5 Year Fixed Rate Mortgage 5% Deposit 3.99% Fixed
    3.99% 5.24% 4.9% APRC 95% N/A £199

    Key Features

    Fixed rate

    A fixed rate of 3.99% for the first 5 years (fixed until 14/01/2025). It then changes to our Standard Variable Rate, which is currently 5.24%, and remains on our variable rate terms for the rest of the mortgage.

    The overall cost for comparison is 4.9% APRC.

    What you Pay

    • Daily interest.
    • An application fee of £199 (non-refundable) is payable with the application.
    • A valuation fee is payable for all properties worth £800,000 or more.

    Early repayment charge

    An Early Repayment Charge of 3% on the amount repaid will be applied for the duration of the product term. You can overpay by up to 10% of the loan outstanding per calendar year without charge.

    What we Pay

    • The first valuation fee for properties worth less than £800,000.
    • £100 cashback for NEU members upon completion.

    Who can apply and more information

    • Available for home purchase applications only.
    • At least one applicant must be a newly qualified teacher (NQT).

    Your home may be repossessed if you do not keep up repayments on your mortgage

    Representative Example

    A mortgage of £172,000.00 over 27 years initially on a fixed rate of 3.99% (Ending on 14 January 2025) and then our Standard Variable Rate of 5.24% for the remaining term, would require 59 monthly payments of £867.99 and 265 monthly payments of £971.14.

    The total amount payable would be £308,891.32 made up of the loan amount plus interest (£136,582.32) with a Application Fee of £199.00, Funds Transfer Fee of £25.00 and a Mortgage Exit Fee of £85.00. 

    The overall cost for comparison is 4.9% APRC representative.

    Call us today on 0800 378 669

    This product may be withdrawn or amended at any time, without prior notice

    Teacher Exclusive, 2 Year Fixed Rate Mortgage 5% Deposit 3.94% Fixed
    3.94% 5.24% 5.1% APRC 95% N/A £199

    Key Features

    Fixed rate

    A fixed rate of 3.94% for the first 2 years (fixed until 14/03/2022). It then changes to our Standard Variable Rate, which is currently 5.24%, and remains on our variable rate terms for the rest of the mortgage.

    The overall cost for comparison is 5.1% APRC.

    What you Pay

  • Daily interest.
  • An application fee of £199 (non-refundable) is payable with the application.
  • A valuation fee is payable for all properties worth £800,000 or more.
  • Early repayment charge

    An Early Repayment Charge of 3% on the amount repaid will be applied for the duration of the product term. You can overpay by up to 10% of the loan outstanding per calendar year without charge.

    What we Pay

    • The first valuation fee for properties worth less than £800,000.
    • £100 cashback for NEU members upon completion.

    Who can apply and more information

    • Available for home purchase applications only.
    • At least one applicant must be a qualified teacher or lecturer.

    Your home may be repossessed if you do not keep up repayments on your mortgage

    Representative Example

    A mortgage of £172,000.00 over 27 years initially on a fixed rate of 3.94% (Ending on 14 March 2022) and then our Standard Variable Rate of 5.24% for the remaining term, would require 25 monthly payments of £863.17 and 299 monthly payments of £982.58.

    The total amount payable would be £315,698.25 made up of the loan amount plus interest (£143,389.25) with a Application Fee of £199.00, Funds Transfer Fee of £25.00 and a Mortgage Exit Fee of £85.00. 

    The overall cost for comparison is 5.1% APRC representative.

    Call us today on 0800 378 669

    This product may be withdrawn or amended at any time, without prior notice

    Teacher Exclusive, 5 Year Fixed Rate Mortgage 5% Deposit 3.99% Fixed
    3.99% 5.24% 4.9% APRC 95% N/A £199

    Key Features

    Fixed rate

    A fixed rate of 3.99% for the first 5 years (fixed until 14/01/2025). It then changes to our Standard Variable Rate, which is currently 5.24%, and remains on our variable rate terms for the rest of the mortgage.

    The overall cost for comparison is 4.9% APRC.

    What you Pay

    • Daily interest.
    • An application fee of £199 (non-refundable) is payable with the application.
    • A valuation fee is payable for all properties worth £800,000 or more.

    Early repayment charge

    An Early Repayment Charge of 3% on the amount repaid will be applied for the duration of the product term. You can overpay by up to 10% of the loan outstanding per calendar year without charge.

     

    What we Pay

    • The first valuation fee for properties worth less than £800,000.
    • £100 cashback for NEU members upon completion.

    Who can apply and more information

    • Available for home purchase applications only.
    • At least one applicant must be a qualified teacher or lecturer.

    Your home may be repossessed if you do not keep up repayments on your mortgage

    Representative Example

    A mortgage of £172,000.00 over 27 years initially on a fixed rate of 3.99% (Ending on 14 January 2025) and then our Standard Variable Rate of 5.24% for the remaining term, would require 59 monthly payments of £867.99 and 265 monthly payments of £971.14.

    The total amount payable would be £308,891.32 made up of the loan amount plus interest (£136,582.32) with a Application Fee of £199.00, Funds Transfer Fee of £25.00 and a Mortgage Exit Fee of £85.00. 

    The overall cost for comparison is 4.9% APRC representative.

    Call us today on 0800 378 669

    This product may be withdrawn or amended at any time, without prior notice

    Teacher Exclusive, Shared Ownership, 2 Year Fixed Rate Mortgage 5% Deposit 3.69% Fixed
    3.69% 5.24% 5.1% APRC 95% N/A £199

    Key Features

    Fixed rate

    A fixed rate of 3.69% for the first 2 years (fixed until 14/03/2022). It then changes to our Standard Variable Rate, which is currently 5.24%, and remains on our variable rate terms for the rest of the mortgage.

    The overall cost for comparison is 5.1% APRC.

    What you Pay

  • Daily interest.
  • An application fee of £199 (non-refundable) is payable with the application.
  • A valuation fee is payable for all properties worth £800,000 or more.
  • Early repayment charge

    An Early Repayment Charge of 3% on the amount repaid will be applied for the duration of the product term. You can overpay by up to 10% of the loan outstanding per calendar year without charge.

    What we Pay

    • The first valuation fee for properties worth less than £800,000.
    • £100 cashback for NEU members upon completion.

    Who can apply and more information

    • Available for Shared Ownership home purchase applications only.
    • Available to teachers only.

    Your home may be repossessed if you do not keep up repayments on your mortgage

    Representative Example

    A mortgage of £172,000.00 over 27 years initially on a fixed rate of 3.69% (Ending on 14 March 2022) and then our Standard Variable Rate of 5.24% for the remaining term, would require 25 monthly payments of £839.27 and 299 monthly payments of £981.00.

    The total amount payable would be £314,627.14 made up of the loan amount plus interest (£142,318.14) with a Application Fee of £199.00, Funds Transfer Fee of £25.00 and a Mortgage Exit Fee of £85.00. 

    The overall cost for comparison is 5.1% APRC representative. 

    Call us today on 0800 378 669

    This product may be withdrawn or amended at any time, without prior notice

    Teacher Exclusive, Shared Ownership, 5 Year Fixed Rate Mortgage 5% Deposit 3.74% Fixed
    3.74% 5.24% 4.8% APRC 95% N/A £199

    Key Features

    Fixed rate

    A fixed rate of 3.74% for the first 5 years (fixed until 14/01/2025). It then changes to our Standard Variable Rate, which is currently 5.24%, and remains on our variable rate terms for the rest of the mortgage.

    The overall cost for comparison is 4.8% APRC.

     

    What you Pay

    • Daily interest.
    • An application fee of £199 (non-refundable) is payable with the application.
    • A valuation fee is payable for all properties worth £800,000 or more.

    Early repayment charge

    An Early Repayment Charge of 3% on the amount repaid will be applied for the duration of the product term. You can overpay by up to 10% of the loan outstanding per calendar year without charge.

    What we Pay

    • The first valuation fee for properties worth less than £800,000.
    • £100 cashback for NEU members upon completion.

    Who can apply and more information

    • Available for Shared Ownership home purchase applications only.
    • Available to teachers only.

    Your home may be repossessed if you do not keep up repayments on your mortgage

    Representative Example

    A mortgage of £172,000.00 over 27 years initially on a fixed rate of 3.74% (Ending on 14 January 2025) and then our Standard Variable Rate of 5.24% for the remaining term, would require 59 monthly payments of £844.02 and 265 monthly payments of £967.22.

    The total amount payable would be £306,437.12 made up of the loan amount plus interest (£134,128.12) with a Application Fee of £199.00, Funds Transfer Fee of £25.00 and a Mortgage Exit Fee of £85.00. 

    The overall cost for comparison is 4.8% APRC representative.

    Call us today on 0800 378 669

    This product may be withdrawn or amended at any time, without prior notice

    Mortgage Calculator

    Quick Quote & Refine

    Contact Us.

    Click Here >

    Let us call you back.

    Click here >

    Online Enquiry

    Click Here >