Interest rates and key features
| 4.69% | until 20th February 2011, then you switch to our Flexible Mortgage and pay our Variable Home Loan Rate, currently | |
| 6.29% | and remain on variable rate terms for the rest of the mortgage. | |
| The overall cost for comparison is 6.3% APR | ||
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
- Application fee £999 - this fee is reduced to £499 with our Families' Loyalty Bonus.
- An early repayment charge is payable, however, if you repay the loan, in full, before 21st February 2011. The charge is equivalent to 3% of the original loan.
- Switching fee £499 - for existing borrowers.
- No property valuation fee.
- Borrow up to 80% of your property's value for house purchases and remortgaging.
- Flexibility to make extra payments if you want to, without penalty.
- No higher lending charge.
