Product name |
Residential
Lifetime SVR 2 Year tie Reference RAV004 |
Rate based on current Standard Variable Rate |
5.29% for the life of the
mortgage |
Overall cost for comparison: |
5.7% APR |
Daily/Annual |
Annual |
Variable/Fixed |
Variable |
Availability |
Available for Purchases and Remortgages up to 80% LTV - Remortgage 80% LTV - Minimum loan £25,001 |
Flexibility |
Overpayments up to 10% of the capital balance as at 01/01 |
Fees
|
Arrangement fee 0.5% of advance – minimum £699
Administration fee £100
Valuation fee (scale)
Telegraphic Transfer fee £25
|
Early repayment Charge |
During first 2 years, 3% of the capital repayment plus closing administration fee, currently £150 |
Portability |
This product is portable |