2 Year Fixed Rate Mortgage
Fixed rate peace of mind for 2 years
Looking to buy or just move your mortgage? Our fixed rate offers could be right up your street. This product is for customers who want to borrow up to 75% of their property's value.
| Initial rate | 3.43% fixed until 31 May 2012 | |
|---|---|---|
| The rate will then revert to our standard variable rate for the remainder of the mortgage term, currently | 5.79% | |
| The overall cost for comparison | 5.6% APR | |
| Arrangement fee | £995 (added to your loan unless you tell us otherwise) | |
| Legal fees | You are responsible for your own legal costs Click here for additional information on legal fees |
|
| Maximum loan to value ratio | 75% | |
| Higher lending charge | Not applicable (only payable on products which allow you to borrow 90% or more of your property's value) | |
| Valuation fee | This fee is variable dependent on the price of your property. More valuation fee information |
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| Early repayment charge | 3% of the amount repaid until 31 May 2012 | |
Your home may be repossessed if you do not keep up repayments on your mortgage
All mortgage pages must be read in conjunction with the important information (mortgages) page.
Notes- The fixed rate may be withdrawn if you are more than three months late in paying any money due under the terms of the mortgage.
- If we agree to you letting the property, the fixed rate will be withdrawn and we will charge interest at our standard variable rate plus an additional 0.25%.
- Not available to existing Chelsea borrowers.
- Maximum loan may be restricted by product parameters or lending policy.
- Applicants must be aged 18 years or over.
