Low Deposit 5 Year Fixed Rate Mortgage

4.09%

Up to 95% LTV

Good to know

Maximum loan £400,000
Revert rate: 4.89%

Available for home pruchase only

Make annual overpayments of up to 10%

Fees

Based on a property worth
using our at max

The fees your client would have to pay are:

£{switch fee} product switch fee
which can be paid upfront or added to the loan (if added to the loan we'll charge interest on the fee during the term of the loan)

£{further advance completion fee} Further advance 'completion' fee
which can be paid upfront or added to the loan (if added to the loan we'll charge interest on the fee during the term of the loan)

A valuation isn't normally required for a product switch.

When borrowing additional funds you may require a revaluation if the value of your property has changed since you originally took your mortgage out. We will pay for a standard valuation.

£ for a standard valuation or £ for a standard valuation and homebuyer survey
For the purpose of the mortgage you'll only need to pay for a standard valuation. Valuation fees are payable at the time of application and are non-refundable. We will pay for a standard valuation.

£ for a standard valuation or £ for a standard valuation and homebuyer survey
For the purpose of the mortgage you'll only need to pay for a standard valuation. Valuation fees are payable at the time of application and are non-refundable. We will pay for a standard valuation.

Early repayment charges

If your customer switches their loan to another lender, a different mortgage deal with us or repays it in full before the end of the fixed rate term, they'll have to pay an early repayment change equal to: 

  • 5% of the excess overpayment in year one
  • 4% of the excess overpayment in year two
  • 3% of the excess overpayment in year three
  • 2% of the excess overpayment in year four
  • 1% of the excess overpayment in year five

 

Any amount repaid over 10% of the mortgage completion balance will incur an early repayment charge equal to:

  • 5% of the outstanding balance in year one
  • 4% of the outstanding balance in year two
  • 3% of the outstanding balance in year three
  • 2% of the outstanding balance in year four
  • 1% of the outstanding balance in year five

Next steps

Mortgage illustration

Self serve online

Immediate

Apply Now

DIP Decision

Current service

2 days

Apply Now

Mortgage Application

App received to reviewed

6 days

Apply Now

Other forms and documents you may need:

Product switch acceptance form
Customer information request form