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.