|
|  | | | Ease the pressure on your finances when you renovate A Discount Rate Mortgage keeps your mortgage repayments down for a fixed amount of time.
-
You´ll get a discount on your agreed rate of interest
It´s usually shown as a percentage, e.g. 2% below your rate for 12 months. -
You can borrow up to 95% of your property value
Of course depending on your circumstances, we could lend you up to 95% of the value of your property. -
Choose from discounted payments over 12, 24 or
36 months -
Simply continue with your arranged rate afterwards
When your discount rate period ends, your interest rate will revert to the variable interest rate at that time. -
You have a choice between two repayment options You can choose between repaying back only the interest on the capital (the amount borrowed) with our interest only option until the end of the mortgage period, or you can decide to repay both the capital and the interest with our capital repayment mortgage. Ready to renovate? Enquire now online or call 0800 528 2838 (Mon - Thurs 8am to 8pm, Friday 8am to 7pm) Read the Key Facts Statement about our services. You'll find all the key facts on our mortgages and optional insurance services at one glance in a convenient PDF file. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. For new customers, an arrangement fee of 3.0% of the advance - minimum of £1,500 to a maximum of £4,000 will be charged, plus a typical completion fee of £1,295.00. For existing customers, an arrangement fee of 3.0% of the advance - minimum of £1,250 to a maximum of £4,000 will be charged, plus a typical completion fee of £1,295.00. Any changes to an existing account may be subject to early repayment charges that are part of the terms and conditions of your mortgage. To view a guide of typical fees associated with one of our mortgage accounts, click here. Please read important information | | | | | |
| |
