Mortgage product
information.
Expat Holiday Let 2 Year Fixed Rate – for purchase or remortgage up to 80% LTV
| Mortgage details | |
|---|---|
Initial rate | 6.09% |
Rate Type | Fixed |
Rate Term | 2 year |
APRC | 8.3% |
Standard rate | FIXED RATE of 6.09% until 31/03/2027, then changing to Suffolk Standard Variable Rate (currently 8.44%) for the remainder of the term |
Fees | Application Fee: Completion Fee: Valuation Fee applies CHAPS (Fee for transfer of funds to solicitor): For full details of our valuation fees, please contact us. |
Maximum loan | £1m |
Maximum LTV | 80% |
Additional information | Fee free over-payments up to 50% of original loan. Early repayment charge of 3% until 31/03/2027. |
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
Representative Example
A mortgage of £90,000 payable over 25 years initially on a fixed rate until 31/03/2027 at 6.09%, then on our Standard Variable Rate currently at 8.44% for the remainder of the mortgage term. This would require 28 monthly payments of £464.54, followed by 272 payments of £643.79. The total amount payable would be £280,101.00 made up of the loan amount plus interest (£188,118.00), an application fee of £199, a completion fee of £1,499, a valuation fee of £155, a mortgage funds release fee of £35 and a mortgage exit fee of £95. The overall cost for comparison is 8.3% APRC representative.
Get started
Enquire now.
Our decisions are made by experts, not computers. We need to calculate the financials, but we understand there’s more behind a mortgage than the numbers on a page. We can’t promise to lend to everyone and anyone, but we’ll consider most applications on an individual basis.
Ready to start? We’d love to hear from you. Get in touch with our friendly and knowledgeable team.
Prefer to talk?
Call 0330 123 0723
Mortgage enquiry