| Product | Product Fee | Application Fee | Initial Rate | Reverting to standard variable rate currently | Overall cost for comparison | Terms and Conditions |
| 5 Year Fixed Rate up to 90% loan to value (3615) | £0 | £0 | 4.58% Fixed until 31/03/2031 | 7.34% | 6.2% Annual Percentage Rate of Charge (APRC)1 | View |
| 5 Year Fixed Rate up to 90% loan to value (3575) | £995 | £0 | 4.30% Fixed until 31/03/2031 | 7.34% | 6.1% Annual Percentage Rate of Charge (APRC)1 | View |
| 2 Year Fixed Rate up to 95% loan to value WITH £400 Cashback² (3642) | £995 | £0 | 4.79% Fixed until 31/03/2028 | 7.34% | 7.0% Annual Percentage Rate of Charge (APRC)1 | View |
| 5 Year Fixed Rate up to 95% loan to value (3643) | £0 | £0 | 4.67% Fixed until 31/03/2031 | 7.34% | 6.3% Annual Percentage Rate of Charge (APRC)1 | View |
| 5 Year Fixed Rate up to 95% loan to value WITH £400 Cashback² (3644) | £0 | £0 | 4.75% Fixed until 31/03/2031 | 7.34% | 6.3% Annual Percentage Rate of Charge (APRC)1 | View |
| 5 Year Fixed Rate up to 95% loan to value (3645) | £995 | £0 | 4.56% Fixed until 31/03/2031 | 7.34% | 6.3% Annual Percentage Rate of Charge (APRC)1 | View |
| Residential Interest Only 2 Year Fixed Rate up to 75% loan to value (3632) | £995 | £0 | 4.32% Fixed until 31/03/2028 | 7.34% | 7.0% Annual Percentage Rate of Charge (APRC)1 | View |
| Residential Shared Ownership 2 Year Fixed Rate up to 90% loan to value (3581) | £0 | £0 | 4.47% Fixed until 31/03/2028 | 7.34% | 6.9% Annual Percentage Rate of Charge (APRC)1 | View |
| Residential Shared Ownership 2 Year Fixed Rate up to 90% loan to value WITH £400 Cashback² (3633) | £0 | £0 | 4.60% Fixed until 31/03/2028 | 7.34% | 6.9% Annual Percentage Rate of Charge (APRC)1 | View |
| Residential Shared Ownership 5 Year Fixed Rate up to 90% loan to value (3582) | £0 | £0 | 4.41% Fixed until 31/03/2031 | 7.34% | 6.1% Annual Percentage Rate of Charge (APRC)1 | View |
| Residential Shared Ownership 5 Year Fixed Rate up to 90% loan to value WITH £400 Cashback² (3634) | £0 | £0 | 4.46% Fixed until 31/03/2031 | 7.34% | 6.2% Annual Percentage Rate of Charge (APRC)1 | View |
| Residential Shared Ownership 2 Year Fixed Rate up to 95% loan to value (3646) | £0 | £0 | 4.61% Fixed until 31/03/2028 | 7.34% | 6.9% Annual Percentage Rate of Charge (APRC)1 | View |
| Residential Shared Ownership 2 Year Fixed Rate up to 95% loan to value WITH £400 Cashback² (3647) | £0 | £0 | 4.76% Fixed until 31/03/2028 | 7.34% | 6.9% Annual Percentage Rate of Charge (APRC)1 | View |
| Residential Shared Ownership 5 Year Fixed Rate up to 95% loan to value (3648) | £0 | £0 | 4.63% Fixed until 31/03/2031 | 7.34% | 6.2% Annual Percentage Rate of Charge (APRC)1 | View |
| Residential Shared Ownership 5 Year Fixed Rate up to 95% loan to value WITH £400 Cashback² (3649) | £0 | £0 | 4.69% Fixed until 31/03/2031 | 7.34% | 6.3% Annual Percentage Rate of Charge (APRC)1 | View |
| Residential Own New - 5% Incentive Rate Reducer 2 Year Fixed Rate up to 95% loan to value (3650) | £0 | £0 | 2.46% Fixed until 31/03/2028 | 7.34% | 6.5% Annual Percentage Rate of Charge (APRC)1 | View |
| Residential Own New - 5% Incentive Rate Reducer 5 Year Fixed Rate up to 95% loan to value (3651) | £0 | £0 | 3.65% Fixed until 31/03/2031 | 7.34% | 5.8% Annual Percentage Rate of Charge (APRC)1 | View |
| Residential Own New - 3% Incentive Rate Reducer 2 Year Fixed Rate up to 95% loan to value (3652) | £0 | £0 | 3.46% Fixed until 31/03/2028 | 7.34% | 6.7% Annual Percentage Rate of Charge (APRC)1 | View |
| Residential Own New - 3% Incentive Rate Reducer 5 Year Fixed Rate up to 95% loan to value (3653) | £0 | £0 | 4.05% Fixed until 31/03/2031 | 7.34% | 6.0% Annual Percentage Rate of Charge (APRC)1 | View |
¹ The actual rate available will depend upon your circumstances, please ask for a personalised illustration.
² You will receive a cashback on completion of your mortgage. Not available for mortgage transfers or additional borrowing.
Representative Example (based on a residential property purchase):
The overall cost for comparison is given as the Annual Percentage Rate of Charge (APRC) and includes all fees incurred relating to the mortgage and product. The APRC allows you to compare the cost of different products.
On a mortgage of £250,000.00 on a capital and interest (repayment) basis payable over 25 years initially on a fixed rate for 2 years fixed at 4.79% and then on our Standard Variable Rate (SVR) of 7.34% (variable) for the remaining 23 years you would pay:
1 monthly repayment of £32.81, followed by
24 monthly repayments of £1,425.55, followed by
276 monthly repayments of £1,785.93
The total amount payable would be £528,297.69 made up of the loan amount of £250,000.00 plus interest (£277,162.69), product fee of £995, a funds transfer fee of £20 and legal fee of £120.
The overall cost for comparison is 7.0% APRC representative.
This information isn’t representative of your personal circumstances and your payments may differ from this. Please ask for and refer to your personalised illustration.
| Product | Product Fee | Application Fee | Initial Rate | Reverting to standard variable rate currently | Overall cost for comparison | Terms and Conditions |
| Buy to Let Standard 2 Year Discounted Rate up to 75% loan to value WITH £200 Cashback² (3592) | £995 | £0 | 4.95% Variable for 2 Years (our standard variable rate Minus 2.39% discounted) | 7.34% | 7.2% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Regulated Family 2 Year Discounted Rate up to 75% loan to value (3635) | £1495 | £0 | 5.00% Variable for 2 Years (our standard variable rate Minus 2.34% discounted) | 7.34% | 7.2% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Portfolio 2 Year Discounted Rate up to 75% loan to value (3636) | £995 | £0 | 5.00% Variable for 2 Years (our standard variable rate Minus 2.34% discounted) | 7.34% | 7.2% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let First Time Buyer 2 Year Discounted Rate up to 75% loan to value (3637) | £1495 | £0 | 5.00% Variable for 2 Years (our standard variable rate Minus 2.34% discounted) | 7.34% | 7.2% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Holiday Let 2 Year Discounted Rate up to 75% loan to value (3596) | £1495 | £0 | 5.00% Variable for 2 Years (our standard variable rate Minus 2.34% discounted) | 7.34% | 7.2% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Green Holiday Let 2 Year Discounted Rate up to 75% loan to value WITH £400 Cashback² (3597) | £1495 | £0 | 5.00% Variable for 2 Years (our standard variable rate Minus 2.34% discounted) | 7.34% | 7.2% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Ltd Co BTL 2 Year Discounted Rate up to 75% loan to value (3598) | £1995 | £0 | 5.00% Variable for 2 Years (our standard variable rate Minus 2.34% discounted) | 7.34% | 7.2% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Green Ltd Co BTL 2 Year Discounted Rate up to 75% loan to value WITH £400 Cashback² (3599) | £1995 | £0 | 5.00% Variable for 2 Years (our standard variable rate Minus 2.34% discounted) | 7.34% | 7.2% Annual Percentage Rate of Charge (APRC)1 | View |
¹ The actual rate available will depend upon your client's circumstances. Please provide your client with a personalised illustration.
² Your client will receive a cashback on completion of their mortgage. Not available for mortgage transfers or additional borrowing.
³ These products are not available for Portfolio Landlords, Regulated Buy to Let or Non-Homeowner borrowers.
All our discounted mortgage products have a floored rate which means your interest rate will never go below this floored rate during the term of the product. To see the floored rate, please click on the View link next to the product.
Representative Example (based on a Non-portfolio Investment Property purchase):
The overall cost for comparison is given as the Annual Percentage Rate of Charge (APRC) and includes all fees incurred relating to the mortgage and product. The APRC allows you to compare the cost of different products.
On a mortgage of £250,000.00 on an interest only basis payable over 25 years initially on a discounted variable rate of 4.95% (equal to 2.39% discount off our Standard Variable Rate) for 2 years. Then on our Standard Variable Rate (SVR) of 7.34% (variable) for the remaining 23 years you would pay:
1 monthly repayment of £576.37, followed by
24 monthly repayments of £1,027.15, followed by
276 monthly repayments of £1,520.31
1 final repayment of £250,000.00
The total amount payable would be £695,968.53 made up of the loan amount of £250,000.00 plus interest (£444,833.53), product fee of £995, a funds transfer fee of £20 and legal fee of £120.
The overall cost for comparison is 7.2% APRC representative.
This information isn’t representative of your personal circumstances and your payments may differ from this. Please ask for and refer to your personalised illustration.
| Product | Product Fee | Application Fee | Initial Rate | Reverting to standard variable rate currently | Overall cost for comparison | Terms and Conditions |
| Buy to Let Standard 2 Year Fixed Rate up to 75% loan to value WITH £400 Cashback² (3591) | £1495 | £0 | 4.29% Fixed until 31/03/2028 | 7.34% | 7.1% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Regulated Family 2 Year Fixed Rate up to 75% loan to value (3600) | £0 | £0 | 4.54% Fixed until 31/03/2028 | 7.34% | 7.0% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let First Time Buyer 2 Year Fixed Rate up to 75% loan to value (3601) | £0 | £0 | 4.54% Fixed until 31/03/2028 | 7.34% | 7.0% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Portfolio 2 Year Fixed Rate up to 75% loan to value (3602) | £0 | £0 | 4.59% Fixed until 31/03/2028 | 7.34% | 7.1% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Holiday Let 2 Year Fixed Rate up to 75% loan to value (3624) | £995 | £0 | 4.76% Fixed until 31/03/2028 | 7.34% | 7.1% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Green Holiday Let 2 Year Fixed Rate up to 75% loan to value WITH £250 Cashback² (3625) | £995 | £0 | 4.76% Fixed until 31/03/2028 | 7.34% | 7.1% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Holiday Let 5 Year Fixed Rate up to 75% loan to value (3626) | £995 | £0 | 4.75% Fixed until 31/03/2031 | 7.34% | 6.6% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Green Holiday Let 5 Year Fixed Rate up to 75% loan to value WITH £250 Cashback² (3627) | £995 | £0 | 4.75% Fixed until 31/03/2031 | 7.34% | 6.6% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Ltd Co BTL 2 Year Fixed Rate up to 75% loan to value (3654) | £0 | £0 | 5.18% Fixed until 31/03/2028 | 7.34% | 7.1% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Green Ltd Co BTL 2 Year Fixed Rate up to 75% loan to value WITH £250 Cashback² (3655) | £0 | £0 | 5.18% Fixed until 31/03/2028 | 7.34% | 7.1% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Ltd Co BTL 2 Year Fixed Rate up to 75% loan to value (3656) | £1495 | £0 | 4.80% Fixed until 31/03/2028 | 7.34% | 7.1% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Green Ltd Co BTL 2 Year Fixed Rate up to 75% loan to value WITH £250 Cashback² (3657) | £1495 | £0 | 4.80% Fixed until 31/03/2028 | 7.34% | 7.1% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Ltd Co BTL 5 Year Fixed Rate up to 75% loan to value (3658) | £0 | £0 | 5.01% Fixed until 31/03/2031 | 7.34% | 6.7% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Green Ltd Co BTL 5 Year Fixed Rate up to 75% loan to value WITH £250 Cashback² (3659) | £0 | £0 | 5.01% Fixed until 31/03/2031 | 7.34% | 6.7% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Ltd Co BTL 5 Year Fixed Rate up to 75% loan to value (3660) | £1495 | £0 | 4.87% Fixed until 31/03/2031 | 7.34% | 6.7% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Green Ltd Co BTL 5 Year Fixed Rate up to 75% loan to value WITH £250 Cashback² (3661) | £1495 | £0 | 4.87% Fixed until 31/03/2031 | 7.34% | 6.7% Annual Percentage Rate of Charge (APRC)1 | View |
¹ The actual rate available will depend upon your client's circumstances. Please provide your client with a personalised illustration.
² Your client will receive a cashback on completion of their mortgage. Not available for mortgage transfers or additional borrowing.
³ These products are not available for Portfolio Landlords, Regulated Buy to Let or Non-Homeowner borrowers.
Representative Example (based on a Non-portfolio Investment Property purchase):
The overall cost for comparison is given as the Annual Percentage Rate of Charge (APRC) and includes all fees incurred relating to the mortgage and product. The APRC allows you to compare the cost of different products.
On a mortgage of £250,000.00 on an interest only basis payable over 25 years initially on a fixed rate for 2 years fixed at 4.29% and then on our Standard Variable Rate (SVR) of 7.34% (variable) for the remaining 23 years you would pay:
1 monthly repayment of £29.38, followed by
24 monthly repayments of £890.67, followed by
276 monthly repayments of £1,520.30
1 final repayment of £250,000.00
The total amount payable would be £692,643.26 made up of the loan amount of £250,000.00 plus interest (£441,008.26), product fee of £1,495, a funds transfer fee of £20 and legal fee of £120.
The overall cost for comparison is 7.1% APRC representative.
This information isn’t representative of your personal circumstances and your payments may differ from this. Please ask for and refer to your personalised illustration.
| Product | Product Fee | Application Fee | Initial Rate | Reverting to standard variable rate currently | Overall cost for comparison | Terms and Conditions |
| 2 Year Discounted Rate up to 75% loan to value (4831) | £0 | £0 | 4.29% Variable for 2 Years (our standard variable rate Minus 3.05% discounted) | 7.34% | 6.9% Annual Percentage Rate of Charge (APRC)1 | View |
| 2 Year Discounted Rate up to 85% loan to value (4832) | £495 | £0 | 4.56% Variable for 2 Years (our standard variable rate Minus 2.78% discounted) | 7.34% | 6.9% Annual Percentage Rate of Charge (APRC)1 | View |
| 2 Year Discounted Rate up to 85% loan to value (4833) | £995 | £0 | 4.34% Variable for 2 Years (our standard variable rate Minus 3.00% discounted) | 7.34% | 6.9% Annual Percentage Rate of Charge (APRC)1 | View |
| 2 Year Discounted Rate up to 95% loan to value (4834) | £0 | £0 | 4.74% Variable for 2 Years (our standard variable rate Minus 2.60% discounted) | 7.34% | 6.9% Annual Percentage Rate of Charge (APRC)1 | View |
| Residential Interest Only 2 Year Discounted Rate up to 75% loan to value (4789) | £0 | £0 | 4.59% Variable for 2 Years (our standard variable rate Minus 2.75% discounted) | 7.34% | 7.1% Annual Percentage Rate of Charge (APRC)1 | View |
| Residential Interest Only 2 Year Discounted Rate up to 75% loan to value (4835) | £995 | £0 | 4.30% Variable for 2 Years (our standard variable rate Minus 3.04% discounted) | 7.34% | 7.1% Annual Percentage Rate of Charge (APRC)1 | View |
| Residential Help to Buy 2 Year Discounted Rate up to 75% loan to value (4836) | £0 | £0 | 4.39% Variable for 2 Years (our standard variable rate Minus 2.95% discounted) | 7.34% | 6.9% Annual Percentage Rate of Charge (APRC)1 | View |
¹ The actual rate available will depend upon your client's circumstances. Please provide your client with a personalised illustration.
² Your client will receive a cashback on completion of their mortgage. Not available for mortgage transfers or additional borrowing.
⁴ If you recommend an interest only mortgage, your client must have a clearly understood and credible repayment strategy in line with the Society’s responsible lending criteria.
All our discounted mortgage products have a floored rate which means your interest rate will never go below this floored rate during the term of the product. To see the floored rate, please click on the View link next to the product.
Representative Example (based on a residential property purchase):
The overall cost for comparison is given as the Annual Percentage Rate of Charge (APRC) and includes all fees incurred relating to the mortgage and product. The APRC allows you to compare the cost of different products.
On a mortgage of £125,000.00 on a capital and interest (repayment) basis payable over 25 years initially on a discounted variable rate of 4.74% (equal to 2.60% discount off our Standard Variable Rate) for 2 years. Then on our Standard Variable Rate (SVR) of 7.34% (variable) for the remaining 23 years you would pay:
1 monthly repayment of £275.96, followed by
24 monthly repayments of £709.22, followed by
276 monthly repayments of £892.55
The total amount payable would be £263,781.04 made up of the loan amount of £125,000.00 plus interest (£138,641.04), a funds transfer fee of £20 and legal fee of £120.
The overall cost for comparison is 6.9% APRC representative.
Please note: the example above is for a residential property purchase only and assumes a payment date of 1st of the month. If you choose to pay your mortgage later in the month this will affect payments and could result in a higher APRC. For product transfers, re-arrangement and additional borrowing applications, certain fees do not apply. Please speak to your mortgage adviser for further details.
| Product | Product Fee | Application Fee | Initial Rate | Reverting to standard variable rate currently | Overall cost for comparison | Terms and Conditions |
| 2 Year Fixed Rate up to 60% loan to value (4902) | £0 | £0 | 3.92% Fixed for 2 Years | 7.34% | 6.8% Annual Percentage Rate of Charge (APRC)1 | View |
| 2 Year Fixed Rate up to 60% loan to value (4873) | £995 | £0 | 3.75% Fixed for 2 Years | 7.34% | 6.8% Annual Percentage Rate of Charge (APRC)1 | View |
| 5 year Fixed Rate up to 60% loan to value (4903) | £0 | £0 | 4.05% Fixed for 5 Years | 7.34% | 6.0% Annual Percentage Rate of Charge (APRC)1 | View |
| 5 year Fixed Rate up to 60% loan to value (4904) | £995 | £0 | 3.96% Fixed for 5 Years | 7.34% | 6.0% Annual Percentage Rate of Charge (APRC)1 | View |
| 5 year Fixed Rate up to 60% loan to value (4905) | £1495 | £0 | 3.89% Fixed for 5 Years | 7.34% | 6.0% Annual Percentage Rate of Charge (APRC)1 | View |
| 2 Year Fixed Rate up to 75% loan to value (4906) | £0 | £0 | 4.08% Fixed for 2 Years | 7.34% | 6.8% Annual Percentage Rate of Charge (APRC)1 | View |
| 2 Year Fixed Rate up to 75% loan to value (4875) | £995 | £0 | 3.89% Fixed for 2 Years | 7.34% | 6.8% Annual Percentage Rate of Charge (APRC)1 | View |
| 5 Year Fixed Rate up to 75% loan to value (4907) | £0 | £0 | 4.18% Fixed for 5 Years | 7.34% | 6.1% Annual Percentage Rate of Charge (APRC)1 | View |
| 5 Year Fixed Rate up to 75% loan to value (4908) | £995 | £0 | 3.99% Fixed for 5 Years | 7.34% | 6.0% Annual Percentage Rate of Charge (APRC)1 | View |
| 2 Year Fixed Rate up to 85% loan to value (4909) | £0 | £0 | 4.35% Fixed for 2 Years | 7.34% | 6.8% Annual Percentage Rate of Charge (APRC)1 | View |
| 2 Year Fixed Rate up to 85% loan to value (4910) | £995 | £0 | 4.15% Fixed for 2 Years | 7.34% | 6.8% Annual Percentage Rate of Charge (APRC)1 | View |
| 5 year Fixed Rate up to 85% loan to value (4911) | £0 | £0 | 4.35% Fixed for 5 Years | 7.34% | 6.1% Annual Percentage Rate of Charge (APRC)1 | View |
| 5 Year Fixed Rate up to 85% loan to value (4912) | £995 | £0 | 4.18% Fixed for 5 Years | 7.34% | 6.1% Annual Percentage Rate of Charge (APRC)1 | View |
| 5 Year Fixed Rate up to 85% loan to value (4913) | £1495 | £0 | 4.11% Fixed for 5 Years | 7.34% | 6.1% Annual Percentage Rate of Charge (APRC)1 | View |
| 2 Year Fixed Rate up to 95% loan to value (4882) | £0 | £0 | 4.58% Fixed for 2 Years | 7.34% | 6.9% Annual Percentage Rate of Charge (APRC)1 | View |
| 2 Year Fixed Rate up to 95% loan to value (4883) | £995 | £0 | 4.29% Fixed for 2 Years | 7.34% | 6.9% Annual Percentage Rate of Charge (APRC)1 | View |
| 5 year Fixed Rate up to 95% loan to value (4914) | £0 | £0 | 4.56% Fixed for 5 Years | 7.34% | 6.2% Annual Percentage Rate of Charge (APRC)1 | View |
| 5 Year Fixed Rate up to 95% loan to value (4915) | £995 | £0 | 4.30% Fixed for 5 Years | 7.34% | 6.1% Annual Percentage Rate of Charge (APRC)1 | View |
| Residential Interest Only 2 Year Fixed Rate up to 75% loan to value (4916) | £0 | £0 | 4.12% Fixed for 2 Years | 7.34% | 7.0% Annual Percentage Rate of Charge (APRC)1 | View |
| Residential Interest Only 2 Year Fixed Rate up to 75% loan to value (4887) | £995 | £0 | 3.95% Fixed for 2 Years | 7.34% | 7.0% Annual Percentage Rate of Charge (APRC)1 | View |
| Residential Interest Only 5 year Fixed Rate up to 75% loan to value (4917) | £0 | £0 | 4.21% Fixed for 5 Years | 7.34% | 6.4% Annual Percentage Rate of Charge (APRC)1 | View |
| Residential Interest Only 5 year Fixed Rate up to 75% loan to value (4918) | £995 | £0 | 4.00% Fixed for 5 Years | 7.34% | 6.4% Annual Percentage Rate of Charge (APRC)1 | View |
| Residential Help to Buy 2 Year Fixed Rate up to 75% loan to value (4890) | £0 | £0 | 4.55% Fixed for 2 Years | 7.34% | 6.9% Annual Percentage Rate of Charge (APRC)1 | View |
| Residential Help to Buy 5 Year Fixed Rate up to 75% loan to value (4891) | £0 | £0 | 4.57% Fixed for 5 Years | 7.34% | 6.2% Annual Percentage Rate of Charge (APRC)1 | View |
¹ The actual rate available will depend upon your client's circumstances. Please provide your client with a personalised illustration.
² Your client will receive a cashback on completion of their mortgage. Not available for mortgage transfers or additional borrowing.
⁴ If you recommend an interest only mortgage, your client must have a clearly understood and credible repayment strategy in line with the Society’s responsible lending criteria.
Representative Example (based on a residential property purchase):
The overall cost for comparison is given as the Annual Percentage Rate of Charge (APRC) and includes all fees incurred relating to the mortgage and product. The APRC allows you to compare the cost of different products.
On a mortgage of £125,000.00 on a capital and interest (repayment) basis payable over 25 years initially on a fixed rate for 2 years fixed at 4.58% and then on our Standard Variable Rate (SVR) of 7.34% (variable) for the remaining 23 years you would pay:
1 monthly repayment of £15.68, followed by
24 monthly repayments of £697.90, followed by
276 monthly repayments of £891.77
The total amount payable would be £263,033.80, made up of the loan amount of £125,000.00 plus interest (£137,893.80, a funds transfer fee of £20 and legal fee of £120.
The overall cost for comparison is 6.9% APRC representative.
This information isn’t representative of your personal circumstances and your payments may differ from this. Please ask for and refer to your personalised illustration.
| Product | Product Fee | Application Fee | Initial Rate | Reverting to standard variable rate currently | Overall cost for comparison | Terms and Conditions |
| Buy to Let Standard 2 Year Discounted Rate up to 75% loan to value (4857) | £0 | £0 | 4.75% Variable for 2 Years (our standard variable rate Minus 2.59% discounted) | 7.34% | 7.1% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Standard 2 Year Discounted Rate up to 75% loan to value (4858) | £995 | £0 | 4.60% Variable for 2 Years (our standard variable rate Minus 2.74% discounted) | 7.34% | 7.1% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Regulated Family 2 Year Discounted Rate up to 75% loan to value (4859) | £0 | £0 | 4.85% Variable for 2 Years (our standard variable rate Minus 2.49% discounted) | 7.34% | 7.1% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Regulated Family 2 Year Discounted Rate up to 75% loan to value (4860) | £995 | £0 | 4.70% Variable for 2 Years (our standard variable rate Minus 2.64% discounted) | 7.34% | 7.1% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Portfolio 2 Year Discounted Rate up to 75% loan to value (4861) | £0 | £0 | 4.85% Variable for 2 Years (our standard variable rate Minus 2.49% discounted) | 7.34% | 7.1% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Portfolio 2 Year Discounted Rate up to 75% loan to value (4862) | £995 | £0 | 4.70% Variable for 2 Years (our standard variable rate Minus 2.64% discounted) | 7.34% | 7.1% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Holiday Let 2 Year Discounted Rate up to 75% loan to value (4863) | £0 | £0 | 4.90% Variable for 2 Years (our standard variable rate Minus 2.44% discounted) | 7.34% | 7.1% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Holiday Let 2 Year Discounted Rate up to 75% loan to value (4864) | £995 | £0 | 4.80% Variable for 2 Years (our standard variable rate Minus 2.54% discounted) | 7.34% | 7.1% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Ltd Co BTL 2 Year Discounted Rate up to 75% loan to value (4865) | £0 | £0 | 5.30% Variable for 2 Years (our standard variable rate Minus 2.04% discounted) | 7.34% | 7.2% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Ltd Co BTL 2 Year Discounted Rate up to 75% loan to value (4866) | £1995 | £0 | 4.90% Variable for 2 Years (our standard variable rate Minus 2.44% discounted) | 7.34% | 7.2% Annual Percentage Rate of Charge (APRC)1 | View |
¹ The actual rate available will depend upon your client's circumstances. Please provide your client with a personalised illustration.
² Your client will receive a cashback on completion of their mortgage. Not available for mortgage transfers or additional borrowing.
³ These products are not available for Portfolio Landlords, Regulated Buy to Let or Non-Homeowner borrowers.
All our discounted mortgage products have a floored rate which means your interest rate will never go below this floored rate during the term of the product. To see the floored rate, please click on the View link next to the product.
Representative Example (based on a Non-portfolio Investment Property purchase):
The Annual Percentage Rate of Charge (APRC) varies with the circumstances of each mortgage. Here is a representative example of a loan secured on your investment property: A mortgage of £125,000.00 on an interest only basis payable over 25 years initially on a discounted variable rate of 4.75% (equal to 2.84% discount off our Standard Variable Rate) for 2 years and then on our Standard Variable Rate (SVR) of 7.59% (variable) for the remaining 23 years you would pay:
1 monthly repayment of £276.54, followed by
24 monthly repayments of £709.93, followed by
276 monthly repayments of £911.31
1 final payment of £125,000.00
The total amount payable would be £268,976.42 made up of the loan amount of £125,000.00 plus interest (£143,836.42), a funds transfer fee of £20 and legal fee of £120. The overall cost for comparison is 7.2% APRC representative.
Please note: the example above is for a non-portfolio investment property purchase only and assumes a payment date of 1st of the month. If you choose to pay your mortgage later in the month this will affect payments and could result in a higher APRC. For product transfers, re-arrangement and additional borrowing applications, certain fees do not apply. Please speak to your mortgage adviser for further details.
| Product | Product Fee | Application Fee | Initial Rate | Reverting to standard variable rate currently | Overall cost for comparison | Terms and Conditions |
| Buy to Let Standard 2 Year Fixed Rate up to 65% loan to value (4919) | £0 | £0 | 4.33% Fixed for 2 Years | 7.34% | 7.0% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Standard 2 Year Fixed Rate up to 65% loan to value (4920) | £995 | £0 | 4.12% Fixed for 2 Years | 7.34% | 7.0% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Standard 2 Year Fixed Rate up to 65% loan to value (4921) | £1495 | £0 | 3.90% Fixed for 2 Years | 7.34% | 7.0% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Standard 5 year Fixed Rate up to 65% loan to value (4922) | £0 | £0 | 4.20% Fixed for 5 Years | 7.34% | 6.4% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Standard 5 year Fixed Rate up to 65% loan to value (4923) | £995 | £0 | 4.08% Fixed for 5 Years | 7.34% | 6.4% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Standard 5 year Fixed Rate up to 65% loan to value (4924) | £1495 | £0 | 4.05% Fixed for 5 Years | 7.34% | 6.4% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Standard 2 Year Fixed Rate up to 75% loan to value (4925) | £0 | £0 | 4.39% Fixed for 2 Years | 7.34% | 7.0% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Standard 2 Year Fixed Rate up to 75% loan to value (4926) | £995 | £0 | 4.15% Fixed for 2 Years | 7.34% | 7.0% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Standard 2 Year Fixed Rate up to 75% loan to value (4898) | £1495 | £0 | 4.02% Fixed for 2 Years | 7.34% | 7.0% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Standard 5 year Fixed Rate up to 75% loan to value (4927) | £0 | £0 | 4.30% Fixed for 5 Years | 7.34% | 6.4% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Standard 5 year Fixed Rate up to 75% loan to value (4846) | £995 | £0 | 4.22% Fixed for 5 Years | 7.34% | 6.4% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Standard 5 year Fixed Rate up to 75% loan to value (4928) | £1495 | £0 | 4.15% Fixed for 5 Years | 7.34% | 6.4% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Regulated Family 2 Year Fixed Rate up to 75% loan to value (4899) | £0 | £0 | 4.53% Fixed for 2 Years | 7.34% | 7.0% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Regulated Family 2 Year Fixed Rate up to 75% loan to value (4849) | £995 | £0 | 4.45% Fixed for 2 Years | 7.34% | 7.1% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Regulated Family 5 year Fixed Rate up to 75% loan to value (4850) | £0 | £0 | 4.55% Fixed for 5 Years | 7.34% | 6.5% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Regulated Family 5 year Fixed Rate up to 75% loan to value (4851) | £995 | £0 | 4.39% Fixed for 5 Years | 7.34% | 6.5% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Portfolio 2 Year Fixed Rate up to 75% loan to value (4900) | £0 | £0 | 4.53% Fixed for 2 Years | 7.34% | 7.0% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Portfolio 2 Year Fixed Rate up to 75% loan to value (4853) | £995 | £0 | 4.45% Fixed for 2 Years | 7.34% | 7.1% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Portfolio 5 year Fixed Rate up to 75% loan to value (4854) | £0 | £0 | 4.55% Fixed for 5 Years | 7.34% | 6.5% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Portfolio 5 year Fixed Rate up to 75% loan to value (4855) | £995 | £0 | 4.39% Fixed for 5 Years | 7.34% | 6.5% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Holiday Let 2 Year Fixed Rate up to 75% loan to value (4901) | £0 | £0 | 4.89% Fixed for 2 Years | 7.34% | 7.1% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Holiday Let 2 Year Fixed Rate up to 75% loan to value (4929) | £995 | £0 | 4.74% Fixed for 2 Years | 7.34% | 7.1% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Holiday Let 5 year Fixed Rate up to 75% loan to value (4728) | £0 | £0 | 5.00% Fixed for 5 Years | 7.34% | 6.7% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Holiday Let 5 year Fixed Rate up to 75% loan to value (4811) | £995 | £0 | 4.83% Fixed for 5 Years | 7.34% | 6.6% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Ltd Co BTL 2 Year Fixed Rate up to 75% loan to value (4812) | £0 | £0 | 5.00% Fixed for 2 Years | 7.34% | 7.1% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Ltd Co BTL 2 Year Fixed Rate up to 75% loan to value (4930) | £995 | £0 | 4.85% Fixed for 2 Years | 7.34% | 7.1% Annual Percentage Rate of Charge (APRC)1 | View |
| Buy to Let Ltd Co BTL 5 year Fixed Rate up to 75% loan to value (4782) | £0 | £0 | 5.06% Fixed for 5 Years | 7.34% | 6.7% Annual Percentage Rate of Charge (APRC)1 | View |
¹ The actual rate available will depend upon your client's circumstances. Please provide your client with a personalised illustration.
² Your client will receive a cashback on completion of their mortgage. Not available for mortgage transfers or additional borrowing.
³ These products are not available for Portfolio Landlords, Regulated Buy to Let or Non-Homeowner borrowers.
Representative Example (based on a Non-portfolio Investment Property purchase):
The overall cost for comparison is given as the Annual Percentage Rate of Charge (APRC) and includes all fees incurred relating to the mortgage and product. The APRC allows you to compare the cost of different products.
On a mortgage of £125,000.00 on an interest only basis payable over 25 years initially on a fixed rate for 2 years fixed at 4.39% and then on our Standard Variable Rate (SVR) of 7.34% (variable) for the remaining 23 years you would pay:
1 monthly repayment of £15.03, followed by
24 monthly repayments of £455.68, followed by
276 monthly repayments of £760.15
1 final repayment of £125,000.00
The total amount payable would be £345,892.75 made up of the loan amount of £125,000.00 plus interest (£220,752.75), a funds transfer fee of £20 and legal fee of £120.
The overall cost for comparison is 7.0% APRC representative.
This information isn’t representative of your personal circumstances and your payments may differ from this. Please ask for and refer to your personalised illustration.
