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Fixed Rate Mortgages

TEACHER-ONLY FIXED RATE MORTGAGES

Teacher Exclusive, 2 Year Fixed Rate Mortgage 20% Deposit 3.54% Fixed
3.54% 4.89% 4.7% APRC 80% N/A £199

Key Features

Fixed rate

A fixed rate of 3.54% for the first 2 years (fixed until 14/04/2023). It then changes to our Standard Variable Rate, which is currently 4.89%, 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.
  • Available to teachers only.

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

Representative Example

A mortgage of £202,000.00 over 26 years initially on a fixed rate of 3.54% (Ending on 14 April 2023) and then our Standard Variable Rate of 4.89% for the remaining term, would require 28 monthly payments of £991.35 and 284 monthly payments of £1130.82.

The total amount payable would be £349,239.28 made up of the loan amount plus interest (£146,930.28) 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This product may be withdrawn or amended at any time, without prior notice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 Remortgage 20% Deposit 3.54% Fixed
3.54% 4.89% 4.7% APRC 80% N/A £199

Key Features

Fixed rate

A fixed rate of 3.54% for the first 2 years (fixed until 14/04/2023). It then changes to our Standard Variable Rate, which is currently 4.89%, 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.
  • Available to teachers only.

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

Representative Example

A mortgage of £202,000.00 over 26 years initially on a fixed rate of 3.54% (Ending on 14 April 2023) and then our Standard Variable Rate of 4.89% for the remaining term, would require 28 monthly payments of £991.35 and 284 monthly payments of £1130.82.

The total amount payable would be £349,239.28 made up of the loan amount plus interest (£146,930.28) 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 Mortgage 20% Deposit 3.59% Fixed
3.59% 4.89% 4.5% APRC 80% N/A £199

Key Features

Fixed rate

A fixed rate of 3.59% for the first 5 years (fixed until 14/11/2025). It then changes to our Standard Variable Rate, which is currently 4.89%, and remains on our variable rate terms for the rest of the mortgage.

The overall cost for comparison is 4.5% 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 £202,000.00 over 26 years initially on a fixed rate of 3.59% (Ending on 14 November 2025) and then our Standard Variable Rate of 4.89% for the remaining term, would require 59 monthly payments of £996.83 and 253 monthly payments of £1117.64.

The total amount payable would be £341,904.76 made up of the loan amount plus interest (£139,595.76) 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 4.5% 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 3.59% Fixed
3.59% 4.89% 4.5% APRC 80% N/A £199

Key Features

Fixed rate

A fixed rate of 3.59% for the first 5 years (fixed until 14/11/2025). It then changes to our Standard Variable Rate, which is currently 4.89%, and remains on our variable rate terms for the rest of the mortgage.

The overall cost for comparison is 4.5% 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 £202,000.00 over 26 years initially on a fixed rate of 3.59% (Ending on 14 November 2025) and then our Standard Variable Rate of 4.89% for the remaining term, would require 59 monthly payments of £996.83 and 253 monthly payments of £1117.64.

The total amount payable would be £341,904.76 made up of the loan amount plus interest (£139,595.76) 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 4.5% 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 3.74% Fixed
3.74% 4.89% 4.8% APRC 90% £800 £199

Key Features

Fixed rate

A fixed rate of 3.74% for the first 2 years (fixed until 14/12/2023). It then changes to our Standard Variable Rate, which is currently 4.89%, 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.
  • An arrangement fee of £800 (refundable if mortgage cannot complete).
  • 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 and remortgage applications.
    • 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 £202,000.00 over 26 years initially on a fixed rate of 3.74% (Ending on 14 December 2023) and then our Standard Variable Rate of 4.89% for the remaining term, would require 34 monthly payments of £1013.38 and 278 monthly payments of £1130.54.

    The total amount payable would be £349,874.81 made up of the loan amount plus interest (£146,765.81) with a Application Fee of £199.00, Arrangement Fee of £800.00, 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 Remortgage 10% Deposit 3.74% Fixed
    3.74% 4.89% 4.7% APRC 90% £800 £199

    Key Features

    Fixed rate

    A fixed rate of 3.74% for the first 2 years (fixed until 14/12/2023). It then changes to our Standard Variable Rate, which is currently 4.89%, 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.
  • An arrangement fee of £800 (refundable if the mortgage cannot complete).
  • 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 home purchase and remortgage applications.
    • 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 £202,000.00 over 26 years initially on a fixed rate of 3.74% (Ending on 14 December 2023) and then our Standard Variable Rate of 4.89% for the remaining term, would require 34 monthly payments of £1013.38 and 278 monthly payments of £1130.54.

    The total amount payable would be £349,874.81 made up of the loan amount plus interest (£146,765.81) with a Application Fee of £199.00, Arrangement Fee of £800.00, 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 Mortgage 10% Deposit 3.79% Fixed
    3.79% 4.89% 4.6% APRC 90% £800 £199

    Key Features

    Fixed rate

    A fixed rate of 3.79% for the first 5 years (fixed until 14/03/2026). It then changes to our Standard Variable Rate, which is currently 4.89%, and remains on our variable rate terms for the rest of the mortgage.

    The overall cost for comparison is 4.6% APRC.

    What you Pay

    • Daily interest.
    • An application fee of £199 (non-refundable) is payable with the application.
    • An arrangement fee of £800 (refundable if mortgage cannot complete).
    • 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 and remortgage applications.
    • 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 £202,000.00 over 26 years initially on a fixed rate of 3.79% (Ending on 14 March 2026) and then our Standard Variable Rate of 4.89% for the remaining term, would require 61 monthly payments of £1018.93 and 251 monthly payments of £1120.71.

    The total amount payable would be £344,582.98 made up of the loan amount plus interest (£141,473.98) with a Application Fee of £199.00, Arrangement Fee of £800.00, Funds Transfer Fee of £25.00 and a Mortgage Exit Fee of £85.00. 

    The overall cost for comparison is 4.6% 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 3.79% Fixed
    3.79% 4.89% 4.6% APRC 90% £800 £199

    Key Features

    Fixed rate

    A fixed rate of 3.79% for the first 5 years (fixed until 14/03/2026). It then changes to our Standard Variable Rate, which is currently 4.89%, and remains on our variable rate terms for the rest of the mortgage.

    The overall cost for comparison is 4.6% APRC.

    What you Pay

    • Daily interest.
    • An application fee of £199 (non-refundable) is payable with the application.
    • An arrangement fee of £800.
    • 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 home purchase and remortgage applications.
    • 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 £202,000.00 over 26 years initially on a fixed rate of 3.79% (Ending on 14 March 2026) and then our Standard Variable Rate of 4.89% for the remaining term, would require 61 monthly payments of £1018.93 and 251 monthly payments of £1120.71.

    The total amount payable would be £344,582.98 made up of the loan amount plus interest (£141,473.98) with a Application Fee of £199.00, Arrangement Fee of £800.00, Funds Transfer Fee of £25.00 and a Mortgage Exit Fee of £85.00. 

    The overall cost for comparison is 4.6% 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 (subject to availability) 5% Deposit 4.44% Fixed
    4.44% 4.89% 4.9% APRC 95% N/A £199

    Key Features

    Fixed rate

    A fixed rate of 4.44% for the first 2 years (fixed until 14/01/2023). It then changes to our Standard Variable Rate, which is currently 4.89%, 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 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 £202,000.00 over 26 years initially on a fixed rate of 4.44% (Ending on 14 January 2023) and then our Standard Variable Rate of 4.89% for the remaining term, would require 25 monthly payments of £1092.56 and 287 monthly payments of £1138.88.

    The total amount payable would be £354,506.15 made up of the loan amount plus interest (£152,197.15) 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 Remortgage (subject to availability) 5% Deposit 4.44% Fixed
    4.44% 4.89% 4.9% APRC 95% N/A £199

    Key Features

    Fixed rate

    A fixed rate of 4.44% for the first 2 years (fixed until 14/01/2023). It then changes to our Standard Variable Rate, which is currently 4.89%, 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.
    • 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 Shared Ownership home purchase and remortgage applications.
    • Available to teachers only.

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

    Representative Example

    A mortgage of £202,000.00 over 26 years initially on a fixed rate of 4.44% (Ending on 14 January 2023) and then our Standard Variable Rate of 4.89% for the remaining term, would require 25 monthly payments of £1092.56 and 287 monthly payments of £1138.88.

    The total amount payable would be £354,506.15 made up of the loan amount plus interest (£152,197.15) 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, 5 Year Fixed Rate Mortgage (subject to availability) 5% Deposit 4.49% Fixed
    4.49% 4.89% 4.8% APRC 95% N/A £199

    Key Features

    Fixed rate

    A fixed rate of 4.49% for the first 5 years (fixed until 14/11/2025). It then changes to our Standard Variable Rate, which is currently 4.89%, 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 £202,000.00 over 26 years initially on a fixed rate of 4.49% (Ending on 14 November 2025) and then our Standard Variable Rate of 4.89% for the remaining term, would require 59 monthly payments of £1098.34 and 253 monthly payments of £1133.92.

    The total amount payable would be £352,017.69 made up of the loan amount plus interest (£149,708.69) 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, Shared Ownership, 5 Year Fixed Rate Remortgage (subject to availability) 5% Deposit 4.49% Fixed
    4.49% 4.89% 4.8% APRC 95% N/A £199

    Key Features

    Fixed rate

    A fixed rate of 4.49% for the first 5 years (fixed until 14/11/2025). It then changes to our Standard Variable Rate, which is currently 4.89%, 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.
    • 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 Shared Ownership home purchase and remortgage applications.
    • Available to teachers only.

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

    Representative Example

    A mortgage of £202,000.00 over 26 years initially on a fixed rate of 4.49% (Ending on 14 November 2025) and then our Standard Variable Rate of 4.89% for the remaining term, would require 59 monthly payments of £1098.34 and 253 monthly payments of £1133.92.

    The total amount payable would be £352,017.69 made up of the loan amount plus interest (£149,708.69) 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 3.74% Fixed
    3.74% 4.89% 4.7% APRC 80% N/A £199

    Key Features

    Fixed rate

    A fixed rate of 3.74% for the first 2 years (fixed until 14/04/2023). It then changes to our Standard Variable Rate, which is currently 4.89%, 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 £202,000.00 over 26 years initially on a fixed rate of 3.74% (Ending on 14 April 2023) and then our Standard Variable Rate of 4.89% for the remaining term, would require 28 monthly payments of £1013.38 and 284 monthly payments of £1132.53.

    The total amount payable would be £350,342.87 made up of the loan amount plus interest (£148,033.87) 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 Remortgage 20% Deposit 3.74% Fixed
    3.74% 4.89% 4.7% APRC 80% N/A £199

    Key Features

    Fixed rate

    A fixed rate of 3.74% for the first 2 years (fixed until 14/04/2023). It then changes to our Standard Variable Rate, which is currently 4.89%, 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 £202,000.00 over 26 years initially on a fixed rate of 3.74% (Ending on 14 April 2023) and then our Standard Variable Rate of 4.89% for the remaining term, would require 28 monthly payments of £1013.38 and 284 monthly payments of £1132.53.

    The total amount payable would be £350,342.87 made up of the loan amount plus interest (£148,033.87) 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 Mortgage 20% Deposit 3.79% Fixed
    3.79% 4.89% 4.5% APRC 80% N/A £199

    Key Features

    Fixed rate

    A fixed rate of 3.79% for the first 5 years (fixed until 14/11/2025). It then changes to our Standard Variable Rate, which is currently 4.89%, and remains on our variable rate terms for the rest of the mortgage.

    The overall cost for comparison is 4.5% 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 £202,000.00 over 26 years initially on a fixed rate of 3.79% (Ending on 14 November 2025) and then our Standard Variable Rate of 4.89% for the remaining term, would require 59 monthly payments of £1018.93 and 253 monthly payments of £1121.38.

    The total amount payable would be £344,156.00 made up of the loan amount plus interest (£141,847.00) 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 4.5% 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 3.79% Fixed
    3.79% 4.89% 4.5% APRC 80% N/A £199

    Key Features

    Fixed rate

    A fixed rate of 3.79% for the first 5 years (fixed until 14/11/2025). It then changes to our Standard Variable Rate, which is currently 4.89%, and remains on our variable rate terms for the rest of the mortgage.

    The overall cost for comparison is 4.5% 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 £202,000.00 over 26 years initially on a fixed rate of 3.79% (Ending on 14 November 2025) and then our Standard Variable Rate of 4.89% for the remaining term, would require 59 monthly payments of £1018.93 and 253 monthly payments of £1121.38.

    The total amount payable would be £344,156.00 made up of the loan amount plus interest (£141,847.00) 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 4.5% 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 3.54% Fixed
    3.54% 4.89% 4.7% APRC 80% N/A £199

    Key Features

    Fixed rate

    A fixed rate of 3.54% for the first 2 years (fixed until 14/04/2023). It then changes to our Standard Variable Rate, which is currently 4.89%, 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.
    • Available to teachers only.

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

    Representative Example

    A mortgage of £202,000.00 over 26 years initially on a fixed rate of 3.54% (Ending on 14 April 2023) and then our Standard Variable Rate of 4.89% for the remaining term, would require 28 monthly payments of £991.35 and 284 monthly payments of £1130.82.

    The total amount payable would be £349,239.28 made up of the loan amount plus interest (£146,930.28) 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 Remortgage 20% Deposit 3.54% Fixed
    3.54% 4.89% 4.7% APRC 80% N/A £199

    Key Features

    Fixed rate

    A fixed rate of 3.54% for the first 2 years (fixed until 14/04/2023). It then changes to our Standard Variable Rate, which is currently 4.89%, 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.
    • Available to teachers only.

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

    Representative Example

    A mortgage of £202,000.00 over 26 years initially on a fixed rate of 3.54% (Ending on 14 April 2023) and then our Standard Variable Rate of 4.89% for the remaining term, would require 28 monthly payments of £991.35 and 284 monthly payments of £1130.82.

    The total amount payable would be £349,239.28 made up of the loan amount plus interest (£146,930.28) 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 Mortgage 20% Deposit 3.59% Fixed
    3.59% 4.89% 4.5% APRC 80% N/A £199

    Key Features

    Fixed rate

    A fixed rate of 3.59% for the first 5 years (fixed until 14/11/2025). It then changes to our Standard Variable Rate, which is currently 4.89%, and remains on our variable rate terms for the rest of the mortgage.

    The overall cost for comparison is 4.5% 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 £202,000.00 over 26 years initially on a fixed rate of 3.59% (Ending on 14 November 2025) and then our Standard Variable Rate of 4.89% for the remaining term, would require 59 monthly payments of £996.83 and 253 monthly payments of £1117.64.

    The total amount payable would be £341,904.76 made up of the loan amount plus interest (£139,595.76) 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 4.5% 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 3.59% Fixed
    3.59% 4.89% 4.5% APRC 80% N/A £199

    Key Features

    Fixed rate

    A fixed rate of 3.59% for the first 5 years (fixed until 14/11/2025). It then changes to our Standard Variable Rate, which is currently 4.89%, and remains on our variable rate terms for the rest of the mortgage.

    The overall cost for comparison is 4.5% 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 £202,000.00 over 26 years initially on a fixed rate of 3.59% (Ending on 14 November 2025) and then our Standard Variable Rate of 4.89% for the remaining term, would require 59 monthly payments of £996.83 and 253 monthly payments of £1117.64.

    The total amount payable would be £341,904.76 made up of the loan amount plus interest (£139,595.76) 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 4.5% 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 4.14% Fixed
    4.14% 4.89% 4.9% APRC 90% £800 £199

    Key Features

    Fixed rate

    A fixed rate of 4.14% for the first 2 years (fixed until 14/07/2023). It then changes to our Standard Variable Rate, which is currently 4.89%, 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.
    • An arrangement fee of £800 (refundable if mortgage cannot complete).
    • 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 £202,000.00 over 26 years initially on a fixed rate of 4.14% (Ending on 14 July 2023) and then our Standard Variable Rate of 4.89% for the remaining term, would require 30 monthly payments of £1058.24 and 282 monthly payments of £1135.20.

    The total amount payable would be £353,005.58 made up of the loan amount plus interest (£149,896.58) with a Application Fee of £199.00, Arrangement Fee of £800.00, 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

    2 Year Fixed Rate Remortgage 10% Deposit 4.14% Fixed
    4.14% 4.89% 4.9% APRC 90% £800 £199

    Key Features

    Fixed rate

    A fixed rate of 4.14% for the first 2 years (fixed until 14/07/2023). It then changes to our Standard Variable Rate, which is currently 4.89%, 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.
    • An arrangement fee of £800 (refundable if mortgage cannot complete.
    • 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 £202,000.00 over 26 years initially on a fixed rate of 4.14% (Ending on 14 July 2023) and then our Standard Variable Rate of 4.89% for the remaining term, would require 30 monthly payments of £1058.24 and 282 monthly payments of £1135.20.

    The total amount payable would be £353,005.58 made up of the loan amount plus interest (£149,896.58) with a Application Fee of £199.00, Arrangement Fee of £800.00, 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

    5 Year Fixed Rate Mortgage 10% Deposit 4.19% Fixed
    4.19% 4.89% 4.7% APRC 90% £800 £199

    Key Features

    Fixed rate

    A fixed rate of 4.19% for the first 5 years (fixed until 14/02/2026). It then changes to our Standard Variable Rate, which is currently 4.89%, 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.
    • An arrangement fee of £800 (refundable if mortgage cannot complete).
    • 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 £202,000.00 over 26 years initially on a fixed rate of 4.19% (Ending on 14 February 2026) and then our Standard Variable Rate of 4.89% for the remaining term, would require 61 monthly payments of £1063.92 and 251 monthly payments of £1128.13.

    The total amount payable would be £349,192.01 made up of the loan amount plus interest (£146,083.01) with a Application Fee of £199.00, Arrangement Fee of £800.00, 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 10% Deposit 4.19% Fixed
    4.19% 4.89% 4.7% APRC 90% £800 £199

    Key Features

    Fixed rate

    A fixed rate of 4.19% for the first 5 years (fixed until 14/02/2026). It then changes to our Standard Variable Rate, which is currently 4.89%, 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.
    • An arrangement fee of £800 (refundable if mortgage cannot complete).
    • 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 £202,000.00 over 26 years initially on a fixed rate of 4.19% (Ending on 14 February 2026) and then our Standard Variable Rate of 4.89% for the remaining term, would require 61 monthly payments of £1063.92 and 251 monthly payments of £1128.13.

    The total amount payable would be £349,192.01 made up of the loan amount plus interest (£146,083.01) with a Application Fee of £199.00, Arrangement Fee of £800.00, 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 3.74% Fixed
    3.74% 4.89% 4.8% APRC 90% £800 £199

    Key Features

    Fixed rate

    A fixed rate of 3.74% for the first 2 years (fixed until 14/12/2023). It then changes to our Standard Variable Rate, which is currently 4.89%, 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.
  • An arrangement fee of £800 (refundable if mortgage cannot complete).
  • 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 and remortgage applications.
    • 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 £202,000.00 over 26 years initially on a fixed rate of 3.74% (Ending on 14 December 2023) and then our Standard Variable Rate of 4.89% for the remaining term, would require 34 monthly payments of £1013.38 and 278 monthly payments of £1130.54.

    The total amount payable would be £349,874.81 made up of the loan amount plus interest (£146,765.81) with a Application Fee of £199.00, Arrangement Fee of £800.00, 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 Remortgage 10% Deposit 3.74% Fixed
    3.74% 4.89% 4.7% APRC 90% £800 £199

    Key Features

    Fixed rate

    A fixed rate of 3.74% for the first 2 years (fixed until 14/12/2023). It then changes to our Standard Variable Rate, which is currently 4.89%, 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.
  • An arrangement fee of £800 (refundable if the mortgage cannot complete).
  • 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 home purchase and remortgage applications.
    • 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 £202,000.00 over 26 years initially on a fixed rate of 3.74% (Ending on 14 December 2023) and then our Standard Variable Rate of 4.89% for the remaining term, would require 34 monthly payments of £1013.38 and 278 monthly payments of £1130.54.

    The total amount payable would be £349,874.81 made up of the loan amount plus interest (£146,765.81) with a Application Fee of £199.00, Arrangement Fee of £800.00, 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 Mortgage 10% Deposit 3.79% Fixed
    3.79% 4.89% 4.6% APRC 90% £800 £199

    Key Features

    Fixed rate

    A fixed rate of 3.79% for the first 5 years (fixed until 14/03/2026). It then changes to our Standard Variable Rate, which is currently 4.89%, and remains on our variable rate terms for the rest of the mortgage.

    The overall cost for comparison is 4.6% APRC.

    What you Pay

    • Daily interest.
    • An application fee of £199 (non-refundable) is payable with the application.
    • An arrangement fee of £800 (refundable if mortgage cannot complete).
    • 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 and remortgage applications.
    • 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 £202,000.00 over 26 years initially on a fixed rate of 3.79% (Ending on 14 March 2026) and then our Standard Variable Rate of 4.89% for the remaining term, would require 61 monthly payments of £1018.93 and 251 monthly payments of £1120.71.

    The total amount payable would be £344,582.98 made up of the loan amount plus interest (£141,473.98) with a Application Fee of £199.00, Arrangement Fee of £800.00, Funds Transfer Fee of £25.00 and a Mortgage Exit Fee of £85.00. 

    The overall cost for comparison is 4.6% 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 3.79% Fixed
    3.79% 4.89% 4.6% APRC 90% £800 £199

    Key Features

    Fixed rate

    A fixed rate of 3.79% for the first 5 years (fixed until 14/03/2026). It then changes to our Standard Variable Rate, which is currently 4.89%, and remains on our variable rate terms for the rest of the mortgage.

    The overall cost for comparison is 4.6% APRC.

    What you Pay

    • Daily interest.
    • An application fee of £199 (non-refundable) is payable with the application.
    • An arrangement fee of £800.
    • 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 home purchase and remortgage applications.
    • 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 £202,000.00 over 26 years initially on a fixed rate of 3.79% (Ending on 14 March 2026) and then our Standard Variable Rate of 4.89% for the remaining term, would require 61 monthly payments of £1018.93 and 251 monthly payments of £1120.71.

    The total amount payable would be £344,582.98 made up of the loan amount plus interest (£141,473.98) with a Application Fee of £199.00, Arrangement Fee of £800.00, Funds Transfer Fee of £25.00 and a Mortgage Exit Fee of £85.00. 

    The overall cost for comparison is 4.6% 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 (subject to availability) 5% Deposit 4.44% Fixed
    4.44% 4.89% 4.9% APRC 95% N/A £199

    Key Features

    Fixed rate

    A fixed rate of 4.44% for the first 2 years (fixed until 14/01/2023). It then changes to our Standard Variable Rate, which is currently 4.89%, 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 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 £202,000.00 over 26 years initially on a fixed rate of 4.44% (Ending on 14 January 2023) and then our Standard Variable Rate of 4.89% for the remaining term, would require 25 monthly payments of £1092.56 and 287 monthly payments of £1138.88.

    The total amount payable would be £354,506.15 made up of the loan amount plus interest (£152,197.15) 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 Remortgage (subject to availability) 5% Deposit 4.44% Fixed
    4.44% 4.89% 4.9% APRC 95% N/A £199

    Key Features

    Fixed rate

    A fixed rate of 4.44% for the first 2 years (fixed until 14/01/2023). It then changes to our Standard Variable Rate, which is currently 4.89%, 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.
    • 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 Shared Ownership home purchase and remortgage applications.
    • Available to teachers only.

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

    Representative Example

    A mortgage of £202,000.00 over 26 years initially on a fixed rate of 4.44% (Ending on 14 January 2023) and then our Standard Variable Rate of 4.89% for the remaining term, would require 25 monthly payments of £1092.56 and 287 monthly payments of £1138.88.

    The total amount payable would be £354,506.15 made up of the loan amount plus interest (£152,197.15) 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, 5 Year Fixed Rate Mortgage (subject to availability) 5% Deposit 4.49% Fixed
    4.49% 4.89% 4.8% APRC 95% N/A £199

    Key Features

    Fixed rate

    A fixed rate of 4.49% for the first 5 years (fixed until 14/11/2025). It then changes to our Standard Variable Rate, which is currently 4.89%, 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 £202,000.00 over 26 years initially on a fixed rate of 4.49% (Ending on 14 November 2025) and then our Standard Variable Rate of 4.89% for the remaining term, would require 59 monthly payments of £1098.34 and 253 monthly payments of £1133.92.

    The total amount payable would be £352,017.69 made up of the loan amount plus interest (£149,708.69) 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, Shared Ownership, 5 Year Fixed Rate Remortgage (subject to availability) 5% Deposit 4.49% Fixed
    4.49% 4.89% 4.8% APRC 95% N/A £199

    Key Features

    Fixed rate

    A fixed rate of 4.49% for the first 5 years (fixed until 14/11/2025). It then changes to our Standard Variable Rate, which is currently 4.89%, 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.
    • 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 Shared Ownership home purchase and remortgage applications.
    • Available to teachers only.

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

    Representative Example

    A mortgage of £202,000.00 over 26 years initially on a fixed rate of 4.49% (Ending on 14 November 2025) and then our Standard Variable Rate of 4.89% for the remaining term, would require 59 monthly payments of £1098.34 and 253 monthly payments of £1133.92.

    The total amount payable would be £352,017.69 made up of the loan amount plus interest (£149,708.69) 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

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