5.39% fixed until 30.04.2030.

Our Standard Variable Rate* for the remainder of the term, currently 8.10%.

7.0% APRC

Fees

Mortgage exit fee - £100 (payable when the mortgage is fully repaid)

A full or partial capital repayment, which exceeds 10% of the capital balance amount in any one year during the fixed period, will attract an early repayment charge of:

5% until 30.04.2026

4% until 30.04.2027

3% until 30.04.2028

2% until 30.04.2030

This will not be charged if the sale of the property and repayment of the mortgage is related to the death of the borrower, or if a joint mortgage, the death of the final surviving borrower.

Interest-Only

50%

Portability

This product is portable and can be transferred from the existing property to a new property.

Eligibility

At the date of the product switch, the balance must be between £25,000 and £500,000 and a term of at least 5 years must remain.

This information is to help you understand the typical cost of this mortgage and is not representative of your personal circumstances.

A mortgage of £47,998.00 payable over 15 years, on an interest-only repayment basis, initially on a fixed rate of 5.39% until 30.04.2030, and then on our Standard Variable Rate, currently 8.10%, for the remaining 10 years. The initial term would require 65 monthly payments of £215.59 followed by 115 monthly payments of £323.99.

The total amount payable would be £99,370.20, made up of the loan amount (£47,998.00), plus interest (£51,272.20), and a Mortgage Exit Fee (£100).

The overall cost for comparison is 7.0% APRC.