Product details - Arrears Fixed Rate until 30/11/2021 - 85% LTV (England, Wales & Scotland)
Mortgage Details
| Product Type: | Arrears Fixed Rate until 30/11/2021 |
| Initial Rate: | 5.15% until 30/11/21, reverting to a 1.50% discount from SVR (current pay rate 4.49%) until 30/11/24, reverting to lender SVR in year 5 |
| Period of Initial Rate: | 3 years |
| Subsequent Rate: | SVR currently 5.99% |
| Overall cost for comparison: | 6.00% |
| Max Loan: | £600,000 |
Fees
| Lender's Application: | £199 |
| Lender’s Completion Fee: | £995 |
| BuildStore Fee: | £295 - £95 payable on application, £200 payable on offer |
| Accelerated Cash Benefit fee: | £1500 (estimate) |
| Early Repayment Charge: | 2% of the loan to be paid until 30/11/2020, then 1% of loan to be paid until 30/11/2021 |
| Valuation Fee: | Based on final value |
Mortgages are subject to status and valuation and are available to those aged 18 or over. Security is required for any loan. A written quotation is available on request from BuildStore Mortgage Services.

