7.04% First Time Buyer Offset until 31/06/13
The details of this offset mortgage product should be read in conjunction with
» Read more about how Offset works
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| Interest rate: |
7.04% until 31/06/13, then
6.90% variable (our SVR) for the remaining term of your mortgage. |
| The overall cost for comparison is: |
7.2% APR |
| Maximum Loan to Value: |
90% |
| Fee Assistance |
First Time Buyer legal service and a free standard valuation |
| Product Fee: |
None |
| Minimum Loan: |
£25,001 |
| Mortgage Fee: |
£90 (payable on redemption of your mortgage) |
| Higher Lending Charge: |
None |
| Equivalent Savings Rate: |
8.80% basic/lower rate taxpayer
11.73% higher rate taxpayer |
| Early repayment charge: |
- 5% before 30/06/11, then
- 4% before 30/06/12, then
- 3% before 30/06/13
- The early repayment charge is based on the total amount you have borrowed and so disregards any payments you make during the fixed rate period which may have reduced the total amount borrowed
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| Product Availability: |
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Ring 0845 1200100
