2 year fixed rate mortgage - 10% deposit, 5.99% 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	5.99%	8.79% after 2 years	8.3% APRC	90.0%	£0.00	£0.00

Key features

Rates information

A fixed rate, currently 6.49% (Ending on 14 May 2027). It then changes to our Standard Variable Rate, which is currently 8.79% 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

Representative example

A mortgage of £202,047.00 over 26 years initially on a fixed rate of 5.99% (Ending on 14 May 2027) and then our Standard Variable Rate, currently 8.79%, for the remaining term, would require 33 monthly payments of £1279.08 and 279 monthly payments of £1614.00.

The total amount payable would be £492,658.87 made up of the loan amount plus interest (£290,501.87) 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: 735