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Home » Mortgages » Current Mortgage Range » 6.79% First Time Buyer - 2 Year Tracker
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6.79% First Time Buyer 2 Year Tracker until 30/06/10

The details of this mortgage product should be read in conjunction with

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Interest rate: 6.79% variable (BoE base rate + 1.79%) until 30/06/10, then
6.90% (our SVR) for the remaining term of your mortgage.
The overall cost for comparison is: 7.1% APR
Maximum Loan to Value: 90%
Minimum Loan: £25,001
Product Fee: None
Mortgage Fee: £90 (payable on redemption of your mortgage)

Higher Lending Charge:

None
Early repayment charge:
  • 3% before 30/06/10
  • If the product is repaid in full or in part, or transferred (in full or in part), an early repayment charge is payable as described above. However, overpayments (monthly or lump sum) up to a total of 10% of the outstanding loan per year are allowed without charge. Any amount repaid over the 10% limit will incur a charge of the percentage specified on the excess amount
Additional incentives:
  • Overpayments (monthly or lump sum) up to 10% pa are allowed without charge
  • Flexible features
Product Availability:
  • For First Time Buyers

 

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
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