Fee Paid Re-mortgage Scheme
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP YOUR REPAYMENTS ON YOUR MORTGAGE
Fee Paid 2 Year Discount Remortgage at 2.89% (4.7% APR)
- 2.0% Discount off Standard Variable Rate (SVR) for first 2 years giving a current rate of 2.89% variable. Thereafter reverting to SVR currently 4.89% and thus giving an overall APR 4.7%.
- Early Repayment Charge (ERC) of 2.00% of full or partial capital repayment made within first 2 years of inception of the loan.
- Overpayments, without applicable ERC, allowed up to 10.0% per annum during each of the Society’s financial years from 1st April, based on initial advance/capital balance brought forward.
- Arrangement Fee of £175.00 payable on application (Non Refundable).
- Maximum Loan to Value 75%.
- Available for loans between £26,000 and £500,000 on owner occupied residential property in England and Wales.
- Available to applicants with 1st Class Credit Record, no County Court Judgements, no Defaults Registered in last 3 years.
- Valuation Fees refunded on completion up to £350.
- Legal fee paid when applicant uses Society's Conveyancer, Enact Conveyancing Ltd.
All loans subject to status and valuation.
Additional security will be required for loans exceeding 75% of the value of the property.
Written quotations available on request.