Skip to content Sitemap

Standard Residential mortgages

We know that buying a home is one of the biggest financial decisions your clients will ever make. And we understand no two borrowers are the same, which is why we offer a flexible approach to mortgage criteria with manual underwriting. We are happy to discuss unusual circumstances, so give our Intermediaries team a call to chat about your individual situation.

Variable mortgages

The mortgages listed below move on to our Standard Variable Rate, currently 4.9% (variable), after the initial rate period. There may be a limit on how low your interest rate can fall. This is called an ‘interest rate floor’. The interest rate floor applicable to your loan will be specified in your loan documentation.

Product
name
Initial
rate i
Discount
from SVR i
Overall cost for
comparison i
Max %
LTV i
Product
fee i
Mortgage
repayment
Residential variable for 3 years See example 1.99% 2.91% 4.2% APRC 80% 0.4% (£599 min)
£XXX.xx per month
See details

Representative example: A mortgage of £193,000 taken out for a period of 21 years on a repayment basis.

Monthly instalments: £940.65 per month for 35 months, followed by £1,192.74 per month for 216 months.

Total amount payable: £291,911.59

Total amount of credit: £193,000

The total amount payable includes administration fee £125, valuation fee £285, product fee £772, completion fee £75 and closing fee £100.

The overall cost for comparison is 4.2% representative APRC.

This example is based on a typical mortgage and assumes that fees are not added to the mortgage. Please ask for a personal illustration for your own particular requirements.

95% Residential variable for 3 years See example 2.99% 1.91% 4.4% APRC 95% 0.4% (min £599, max £999)
£XXX.xx per month
See details

Representative example: A mortgage of £200,000.00 taken out for a period of 32 years on a repayment basis.

Monthly instalments: £697.83 per month for 35 months, followed by £1,005.84 per month for 348 months.

Total amount payable: £375,841.37.

Total amount of credit: £200,000.00.

The total amount payable includes administration fee £125, valuation fee £285, product fee £800.00, completion fee £75 and closing fee £100.

The overall cost for comparison is 4.4% representative APRC.

This example is based on a typical mortgage and assumes that fees are not added to the mortgage. Please ask for a personal illustration for your own particular requirements.

Fixed rate mortgages

The mortgages listed below move on to our Standard Variable Rate, currently 4.9% (variable), after the initial rate period. There may be a limit on how low your interest rate can fall. This is called an ‘interest rate floor’. The interest rate floor applicable to your loan will be specified in your loan documentation.

Product
name
Initial
rate i
Overall cost for
comparison i
Max %
LTV i
Product
fee i
Mortgage
repayment
Residential fixed for 5 years See example 2.69% 3.90% APRC 80% 0.4% (£599 min)
£XXX.xx per month
See details

Representative example: A mortgage of £164,000 taken out for a period of 16 years on a repayment basis.

Monthly instalments: £1,056.48 per month for 59 months, followed by £1,187.15 per month for 132 months.

Total amount payable: £220,277.12

Total amount of credit: £164,000

The total amount payable includes administration fee £125, valuation fee £285, product fee £656, completion fee £75 and closing fee £100.

The overall cost for comparison is 3.9% representative APRC.

This example is based on a typical mortgage and assumes that fees are not added to the mortgage. Please ask for a personal illustration for your own particular requirements.

 

95% Residential fixed for 5 years See example 3.49% 4.50% APRC 95% 0.4% (min £599, max £999)
£XXX.xx per month
See details

Representative example: A mortgage of £170,000 taken out for a period of 27 years on a repayment basis.
Monthly instalments: £812.38 per month for 59 months, followed by £929.94 per month for 264 months.
Total amount payable: £294,669.58
Total amount of credit: £170,000.00
The total amount payable includes administration fee £125, valuation fee £255, product fee £680.00, completion fee £75 and closing fee £100.
The overall cost for comparison is 4.5% representative APRC.
This example is based on a typical mortgage and assumes that fees are not added to the mortgage. Please ask for a personal illustration for your own particular requirements.

95% Residential fixed for 3 years See example 3.29% 4.70% APRC 95% 0.4% (min £599, max £999)
£XXX.xx per month
See details

Representative example: A mortgage of £200,000 taken out for a period of 32 years on a repayment basis.

Monthly instalments: £844.14 per month for 35 months, followed by £1,022.24 per month for 348 months.

Total amount payable: £386,669.42

Total amount of credit: £200,000.00

The total amount payable includes administration fee £125, valuation fee £285, product fee £800, completion fee £75 and closing fee £100.

The overall cost for comparison is 4.7% representative APRC.

This example is based on a typical mortgage and assumes that fees are not added to the mortgage. Please ask for a personal illustration for your own particular requirements.

 

This section is for use by professional Intermediaries only. If you are a customer please visit our Mortgage section.