Representative example: A mortgage of £219,000.00 taken out for a period of 24 years on a repayment basis.
Monthly instalments: £1,327.29 per month for 23 months, followed by £1,537.91 per month for 36 months, and finally £1,653.19 per month for 228 months.
Total amount payable: £464,348.75
Total amount of credit: £219,000.00
The total amount payable includes a valuation fee of £430.00 , a product fee of £999.00 and a closing fee of £100.
The overall cost for comparison is 7.30% representative APRC.
This example is based on our Residential (Credit Repair) , 2 year fixed mortgage. It is based on our current Standard Variable Rate of 7.79% with no fees added to the mortgage.

Please ask for a personalised illustration for your own particular requirements.

• Availability – Purchase & Remortgage up to 70% Loan To Value (LTV). Minimum deposit of 30% required.
• Flexibility – Overpayments up to 20% of the capital balance as at 1st January are allowed in each calendar year without penalty.
• Portable.

For full repayment of a 5 year fixed product, you will pay 3% of the outstanding balance in years 1, 2, 3 & 4; 2% in year 5, plus a Closing Administration Fee (currently £100).

For overpayments of a 5 year fixed product, you will pay 3% on any amount exceeding your 20% limit in year 1, 2, 3 & 4, 2% in year 5.

For full repayment of a 2 year fixed or discounted product, you will pay 3% of the outstanding balance in the first year and 2% in the second year, plus a Closing Administration Fee (currently £100).

For overpayments of a 2 year fixed or discounted product, you will pay 3% on any amount exceeding your 20% limit in the first year and 2% in the second year.

• Valuation fee.
• Product fee £999.

Residential Lending Criteria and Information

The amount we will lend will depend on the value of the property and a calculation based on income and expenditure. As a guide, we will take gross annual income and then apply a deduction for the annual amount paid towards any existing debts or other financial commitments. We apply the following multipliers to the amount remaining:

These multiples are for guidance only and do not guarantee that we will lend the amount indicated. We will carry out a full assessment of your income and expenditure to ensure that you can afford your mortgage both now and in the future.

Credit Criteria