For loans up to 80% of property value
|Product name||New build purchase - 3 years fixed up to 750,000 GBP|
|Initial rate expires on|
31st March 2021
|Rate thereafter||Standard Variable Rate, currently |
|Overall cost for comparison|
There is no arrangement fee for this mortgage
|Legal and Valuation Fees|
The valuation report is used to calculate how much we’ll lend you. This is separate from any valuation or survey of the property you might want to instruct for your own purposes. There are other homebuyers, home report or structural survey options available if you want to commission these.
If a valuation report is necessary, we do not charge for the valuation for this product#.
#One free valuation is available on properties worth £2m, or less.
Available for purchase applications only. All loans are subject to status. Security will be required
|Maximum loan amount||£750,000|
|Maximum loan to value||80%|
|Minimum loan amount||£80,000|
|Early repayment charge||5% in year one|
4% in year two
3% in year three
|Special offers||£0 arrangement fee|
At the end of the discounted/fixed period you can make extra payments or repay your whole mortgage without penalty.