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2 year fixed rate remortgage - 10% deposit, 5.79% fixed

Available for loans up to 90% of the purchase price or valuation of the property, whichever is lower.   

PLEASE NOTE: YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. 

Deposit % Term Initial interest
rate 		Follow on rate Overall cost for
comparison 		Max LTV Arrangement
fee 		Application
fee
10% 2 years 5.79% 8.64%
after 2 years 		8.3% APRC 90.0% £0.00 £0.00

Key features

Rates information

A fixed rate, currently 5.79% (Ending on 14 December 2026). It then changes to our Standard Variable Rate, which is currently 8.64% for the remaining term.

The overall cost for comparison is 8.3% APRC representative.

What you pay

  • Daily interest.
  • 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.

Representative example

A mortgage of £202,047.00 over 26 years initially on a fixed rate of 5.79% (Ending on 14 December 2026) and then our Standard Variable Rate, currently 8.64%, for the remaining term, would require 26 monthly payments of £1254.24 and 286 monthly payments of £1599.83.

The total amount payable would be £490,303.73 made up of the loan amount plus interest (£288,146.73) with a Funds Transfer Fee of £25.00 and a Mortgage Exit Fee of £85.00. 

The overall cost for comparison is 8.3% APRC representative.

Please note: the representative example is for a house purchase only. For remortgage applications, certain fees do not apply. Please contact us for details.

This information does not contain all of the details you need to choose a mortgage. Make sure that you read the separate European Standardised Information Sheet before you make a decision. For full details, please call our friendly team on 0800 378 669.

Product Reference: 744

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