| Interest Rate |
Standard Variable Rate |
Overall Cost For Comparison |
Max % Property Value |
Arrangement Fee |
Application Fee |
|
| Buy-to-Let Mortgage 25% Deposit 3.24% Variable |
| 3.24% |
5.74% |
5.6% APRC |
75% |
£899 |
£99 |
|
Key Features
Variable rate
A variable rate, currently 3.24%, which is discounted by 2.50% from our Buy-to-Let Standard Variable Rate for the first 2 years. It then changes to our Buy-To-Let Standard Variable Rate, which is currently 5.74%, and remains on our variable rate terms for the rest of the mortgage.
The overall cost for comparison is 5.6% APRC representative.
What you Pay
- Daily interest.
- An arrangement fee of £899 is payable with the application.
- An application fee of £99 (non-refundable) is payable with the application.
- A valuation fee is payable.
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.
Who can apply and more information
- Minimum income of main applicant is £20,000.
- Not available for houses in multiple occupancy (must be sole occupant, couple or single family unit).
- Not available for first-time buyers, limited companies, students, DSS tenants, house builders, property developers or professional landlords.
- A single assured shorthold tenancy agreement will be required.
- Maximum portfolio of 8 Buy-to-Let properties (3 of which can be mortgaged with us up to a maximum total property value of £1m).
- Property cannot be let to family members.
- Available for home purchase and remortgage applications.
- This mortgage is not portable.
Your home may be repossessed if you do not keep up repayments on your mortgage
Representative Example
A mortgage of £150,000 payable over 28 years initially on a discounted variable rate of 3.24% (equal to a 2.50% discount off our SVR) for 2 years and then our Standard Variable Rate, currently 5.74%, for the remaining term, would require 24 monthly payments of £405.00 and 312 monthly payments of £715.40.
The total amount payable would be £384,438.65 made up of the loan amount plus interest (£232,938.15) with a funds transfer fee of £25, mortgage application fee of £99, mortgage arrangement fee of £899, basic valuation fee of £275, legal fees of £117.50 and a mortgage exit fee of £85.
The overall cost for comparison is 5.6% APRC representative.
This is based on an interest only mortgage.
Call us today on 0800 378 669
This product may be withdrawn or amended at any time, without prior notice
|
| 2 Year Variable Rate Mortgage 20% Deposit 2.39% Variable |
| 2.39% |
4.99% |
4.7% APRC |
80% |
N/A |
£99 |
|
Key Features
Variable rate
A variable rate, currently 2.39%, which is discounted by 2.60% from our Standard Variable Rate for the first 2 years. It then changes to our Standard Variable Rate, which is currently 4.99%, and remains on our variable rate terms for the rest of the mortgage.
The overall cost for comparison is 4.7% APRC representative.
What you Pay
- Daily interest.
- An application fee of £99 (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, Help to Buy, 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.
Your home may be repossessed if you do not keep up repayments on your mortgage
Representative Example
A mortgage of £150,000 over 28 years initially on a discounted variable rate of 2.39% (equal to a 2.60% discount off our SVR) for 2 years and then on our Standard Variable Rate of 4.99% for the remaining term, would require 24 monthly payments of £612.77 and 312 monthly payments of £814.78.
The total amount payable would be £269,254.18 made up of the loan amount plus interest (£118,927.68) with a funds transfer fee of £25, mortgage application fee of £99, legal fees of £117.50 and a mortgage exit fee of £85.
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
|
| 3 Year Variable Rate Mortgage 20% Deposit 2.49% Variable |
| 2.49% |
4.99% |
4.5% APRC |
80% |
N/A |
£99 |
|
Key Features
Variable rate
A variable rate, currently 2.49%, which is discounted by 2.50% from our Standard Variable Rate for the first 3 years. It then changes to our Standard Variable Rate, which is currently 4.99%, and remains on our variable rate terms for the rest of the mortgage.
The overall cost for comparison is 4.5% APRC representative.
What you Pay
- Daily interest.
- An application fee of £99 (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 home purchase and remortgage applications
Your home may be repossessed if you do not keep up repayments on your mortgage
Representative Example
A mortgage of £150,000 over 28 years initially on a discounted variable rate of 2.49% (equal to a 2.50% discount off our SVR) for 3 years and then on our Standard Variable Rate of 4.99% for the remaining term, would require 36 monthly payments of £620.44 and 300 monthly payments of £808.28.
The total amount payable would be £265,156.59 made up of the loan amount plus interest (£114,830.09) with a funds transfer fee of £25, mortgage application fee of £99, mortgage, legal fees of £117.50 and a mortgage exit fee of £85.
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 Variable Rate Mortgage 10% Deposit 3.24% Variable |
| 3.24% |
4.99% |
4.8% APRC |
90% |
N/A |
£99 |
|
Key Features
Variable rate
A variable rate, currently 3.24%, which is discounted by 1.75% from our Standard Variable Rate for the first 2 years. It then changes to our Standard Variable Rate, which is currently 4.99%, and remains on our variable rate terms for the rest of the mortgage.
The overall cost for comparison is 4.8% APRC representative.
What you Pay
- Daily interest.
- An application fee of £99 (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 home purchase and remortgage applications (not available for Help to Buy).
Your home may be repossessed if you do not keep up repayments on your mortgage
Representative Example
A mortgage of £150,000 over 28 years initially on a discounted variable rate of 3.24% (equal to a 1.75% discount off our SVR) for 2 years and then on our Standard Variable Rate of 4.99% for the remaining term, would require 24 monthly payments of £679.70 and 312 monthly payments of £819.91.
The total amount payable would be £272,464.58 made up of the loan amount plus interest (£122,138.08) with a funds transfer fee of £25, mortgage application fee of £99, legal fees of £117.50 and a mortgage exit fee of £85.
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
|
| Shared Ownership, 3 Year Variable Rate Mortgage 5% Deposit 3.99% Variable |
| 3.99% |
4.99% |
4.9% APRC |
95% |
N/A |
£99 |
|
Key Features
Variable rate
A variable rate, currently 3.99%, which is discounted by 1.00% from our Standard Variable Rate for the first 3 years. It then changes to our Standard Variable Rate, which is currently 4.99%, and remains on our variable rate terms for the rest of the mortgage.
The overall cost for comparison is 4.9% APRC representative.
What you Pay
- Daily interest.
- An application fee of £99 (non-refundable) is payable with the application.
- A valuation fee is payable.
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
- £100 cashback for NEU members upon completion.
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 £150,000 payable over 28 years initially on a discounted variable rate of 3.99% (equal to a 1.00% discount off our SVR) for 3 years and then our Standard Variable Rate, currently 4.99%, for the remaining term, would require 36 monthly payments of £741.97 and 300 monthly payments of £821.16.
The total amount payable would be £273,796.87 made up of the loan amount plus interest (£123,075.37) with a funds transfer fee of £25, mortgage application fee of £99, basic valuation fee of £395 legal fees of £117.50 and a mortgage exit fee of £85.
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
|
| Shared Ownership, 3 Year Variable Rate Remortgage 5% Deposit 3.99% Variable |
| 3.99% |
4.99% |
4.9% APRC |
95% |
N/A |
£99 |
|
Key Features
Variable rate
A variable rate, currently 3.99%, which is discounted by 1.00% from our Standard Variable Rate or the first 3 years. It then changes to our Standard Variable Rate, which is currently 4.99%, and remains on our variable rate terms for the rest of the mortgage.
The overall cost for comparison is 4.9% APRC representative.
What you Pay
- Daily interest.
- An application fee of £99 (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
- We will pay £250 towards the legal costs and this will be sent directly to your solicitor on completion of the mortgage.
- 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 remortgage applications only.
Your home may be repossessed if you do not keep up repayments on your mortgage
Representative Example
A mortgage of £150,000 payable over 28 years initially on a discounted variable rate of 3.99% (equal to a 1.00% discount off our SVR) for 3 years and then our Standard Variable Rate, currently 4.99%, for the remaining term, would require 36 monthly payments of £741.97 and 300 monthly payments of £821.16.
The total amount payable would be £273,796.87 made up of the loan amount plus interest (£123,075.37) with a funds transfer fee of £25, mortgage application fee of £99, basic valuation fee of £395 legal fees of £117.50 and a mortgage exit fee of £85.
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 Variable Rate Mortgage 5% Deposit 3.29% Variable |
| 3.29% |
4.99% |
4.8% APRC |
95% |
N/A |
£99 |
|
Key Features
Variable rate
A variable rate, currently 3.29%, which is discounted by 1.70% from our Standard Variable Rate for the first 2 years. It then changes to our Standard Variable Rate, which is currently 4.99%, and remains on our variable rate terms for the rest of the mortgage.
The overall cost for comparison is 4.8% APRC representative.
What you Pay
- Daily interest.
- An application fee of £99 (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 £150,000 over 28 years initially on a discounted variable rate of 3.29% (equal to a 1.70% discount off our SVR) for 2 years and then on our Standard Variable Rate of 4.99% for the remaining term, would require 24 monthly payments of £683.76 and 312 monthly payments of £820.19.
The total amount payable would be £272,649.58 made up of the loan amount plus interest (£122,323.08) with a funds transfer fee of £25, mortgage application fee of £99, legal fees of £117.50 and a mortgage exit fee of £85.
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
|