Bucks Solutions 3 year discount is for borrowers who fit our non standard credit criteria up to 70% LTV for remortgages or home purchases.
This product should be used for all properties in England and Wales.
Bucks Solutions 3 year discount is for borrowers who fit our non standard credit criteria up to 70% LTV for remortgages or home purchases.
This product should be used for all properties in England and Wales.
A mortgage of £212,950 payable over 23 years initially on a discount of 1.25% from our Standard Variable Rate, currently 4.74%, giving a pay rate of 3.49% for 3 years and then on our Standard Variable Rate, currently 4.74%, for the remaining 20 years would require 36 payments of £1,128.68 and 240 monthly payments of £1,257.69.
The total amount payable would be £343.136.08 made up of the loan amount plus interest (£128,504.08), a valuation fee (£410), legal fees (£148), an exit fee (£100), a product fee (£999) and a funds transfer fee (£25).
The overall cost for comparison is 4.5% APRC representative.
Other charges may be made in respect of mortgage services. See our Fees Guide for details.
This product accepts our non standard credit criteria click here for details
Early Repayment Charges as detailed below are payable on any lump sum or full redemption repaid over 10% of the capital balance.
During the early repayment charge period lump sum overpayments up to 10% of the capital balance per annum may be made without attracting an early repayment charge. Should the total of lump sum overpayments exceed 10% within this period, the excess will attract an early repayment charge.
Once the early repayment charge period has ended overpayments can be made at any time.
If an overpayment of £500 or more is made, we will recalculate the monthly payment the following month.
This mortgage is available on a capital and interest repayment basis or up to 60% LTV on interest only with a suitable repayment vehicle. Payments must be made monthly by direct debit.
The minimum age is 18 for all applicants. There is no maximum age however, all applicants must not have reached retirement during the term of the mortgage. Cases are considered on individual circumstances.
Minimum loan size £25,000.
Maximum loan size £500,000.
The maximum mortgage term is 40 years dependent on individual circumstances.
This product is portable, meaning that if the applicant moves home they can take it with them, subject to our lending criteria at the time.
Interest is calculated daily on the balance outstanding and added to the account the following month.
Click to enter your activation key and choose from our latest member exclusive mortgage products. If you have any questions please check out our FAQ or contact us on 01494 879500
If you are an existing customer and would like to discuss your current mortgage please call our team on 01494 879500.
In order to apply for one of our mortgages you need to contact a mortgage broker. Mortgage Advice Bureau works with us to provide our customers with expert mortgage and protection advice. To find out more visit Mortgage Advice Bureau