Two Year Fixed Rate Mortgage

This is a North East Exclusive Mortgage - We have launched an exclusive range of products aimed at helping first time buyers in the North East in the following postcode areas: NE, SR, DH, TD15, TD12, DL, TS, CA1 - 11.

How much will it cost?

An initial rate* of Followed by our Standard Variable Rate, currently The overall cost for comparison is Maximum Loan To Value Fees
3.89% 5.99% 5.7% 95% £0
* until 28 February 2020 APR

*The repayment indications DO NOT include any fees that may be payable - should you wish to find out more about a particular mortgage, a Key Facts Illustration outlining all the relevant costs, is available on request.

If you borrowed £137,000 over 30 years, the cost for credit would be £150,099.19, meaning you repay a total of £287,099.19. This would be repaid by 27 monthly repayments of £645.40 and a further 333 monthly repayments of £809.83.

Apply nowWeb Chat – Ask a question

Summary Information

Interest Rates Initial rate of 3.89% until 28th February 2020 reverting to our Standard Variable Rate (currently 5.99%) from 1st March 2020.
Maturity Date 28 February 2020
Maximum Loan to Value (LTV) 95%
Loan Amount £10,000 - £300,000
Daily Interest Calculation Interest is calculated on the balance of your account at the end of each day. Interest is accrued daily and added to your account balance on the last day of every month. Every cleared payment that is made reduces the mortgage balance and interest is recalculated on the reduced balance.
Minimum Term 5 Years
Reservation Fee £0
Completion Fee £0
Incentives Free Standard Valuation (on properties up to £500k)
£200 Cashback on House Purchases Free standard legals on remortgages
Early Repayment Charge 2% of amount repaid until 28th February 2019, 1% of amount repaid until 28th February 2020.

Useful Documents

Below you will find useful mortgage documents which will assist you in submitting your application.

Apply for a mortgage today

Talk to our mortgage advisers

0345 606 4488

(local rate charge but calls from mobiles may cost more)

Your mortgage will be secured on your home. Your home may be repossessed if you do not keep up repayments on your mortgage.