| Summary |
-
Mortgage: Society Standard Variable Rate
-
Product Code: n/a
-
Offer Rate: 7.19%
-
Current Variable Rate: 7.19%
-
Overall Cost For Comparison: 7.7% APR variable
-
Loan To Value: Up To 90%
|
|
Society Standard Variable Rate Mortgage Products
| Permitted Borrowing Allowed |
Where borrowing is up to 90% of the property's loan to value |
| Mortgage |
Society Standard Variable Rate |
| Product Code |
n/a |
| Offer Rate |
n/a |
| Available Offer |
n/a |
| Current variable rate applicable after offer |
7.19% |
| The overall cost for comparison is |
7.7% APR variable |
| Loan to Value applicable to product |
Up to 90% |
Additional Features
| Cashback Available |
None |
| Valuation Fee |
No Fee |
| Administration Fee |
None |
| Portable |
Yes |
| Available for New Purchase Purposes |
Yes |
| Available for Re-mortgage Purposes |
Yes |
| Capital Repayments During Period of Mortgage |
Yes |
Additional information applicable to Standard Variable Rate
- Life, Accident, Sickness and Unemployment insurance is
recommended by the Society and can be arranged with the applicants
if required
- Building and contents insurance cover will be recommended and
can be arranged by the Society through our Home Insurance policy
- A private insurance fee will be charged if buildings insurance
is not arranged by the Society. The fee applicable is £25
- Minimum advance applicable for home purchase is £10,000
- Minimum advance applicable for re-mortgaging is £15,000. Capital
raising is available
- Loans over 75% incur repayments to be made by Direct Debit
- Higher Lending Charges are applicable where the loan is 85% or
more of the property’s value. The fee will be added to the loan and
will be subject to the prevailing rate of interest. This will then
be paid within the monthly mortgage payment over the term of the
mortgage
|
|
Home