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Our 95% tracker rate mortgage offers flexibility, and once the tracker period has ended, you'll get our standalone variable mortgage rate. |
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- A rate pegged at just 0.44% above the Bank of England's base rate until 31st January 2007 , currently 5.19 %.
- Then our standalone variable mortgage rate for the remainder of the term, currently 5.95 %.
- The overall cost for comparison is 6.1% APR.
- We pay our legal and valuation fees for remortgages.
- Borrow from £25,001 to £1m, up to
95% of the value or purchase price of the property,
whichever is lower (85% for loans over £500,000).
- Choose the term of your mortgage,
from 5 years upwards (providing the loan's repaid by your
65th birthday).
- Interest calculated on the basis of
daily balances.
- Choose repayment, interest only, or a combination of both.
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Arrangement fee: |
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Early repayment charge: |
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Mortgage discharge fee: |
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Legal and valuation fees:
(remortgages only) |
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If you repay your mortgage during the tracker rate period, we'll also ask you to pay a £330 contribution towards our legal and standard valuation fees. |
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Your home may be repossessed if you do not keep up repayments on your mortgage. |
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Repayment:
A type of mortgage where your regular mortgage payment is split between paying
interest and repaying the money you borrowed. |
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Interest-only:
A type of mortgage where your regular mortgage payment only covers the interest on the loan. |
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all definitions
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