Residential remortgage 3 year fixed 75% loan to value

Residential remortgage 3 year fixed 75% loan to value

Free standard valuation: We will contribute up to £350 towards the cost of a valuation. To see our valuation fees, please click here.

Fees assisted legals: You can choose to use our solicitors. If you choose to do this, we will cover the cost of any standard legal fees. Please note, any non-standard fees must be paid by yourself. You'll be advised of any non-standard costs that will apply. If you choose to use our solicitors, they'll only act for us and won't provide you with independent advice regarding the mortgage application. Alternatively, you can choose to receive £250 towards your own solicitor's costs.

There is an arrangement fee of £999.00. This fee can be taken off the mortgage amount, or you can add the fee to the amount you borrow. If you choose to add the arrangement fee to your mortgage you will pay interest on the fee at the same rate as your mortgage. If you choose to take the arrangement fee off the mortgage, this will be deducted from the amount you borrow and so, you will need to pay the arrangement fee to your solicitor at completion.

There is a minimum mortgage amount of £50,000.00.

This product has a maximum mortgage amount of £1,250,000.00.

We have a minimum property value of £100,000 which increases to £250,000 for properties located within the M25 corridor.

The maximum loan to value is 75%.

The minimum repayment term is 5 years and the maximum repayment term is 40 years. Maximum term will depend upon individual circumstances, for example applicant age and leasehold property restrictions.

Early Repayment Charges apply during the product term. You can overpay up to 10% of the original mortgage amount each calendar year without charge. However, if the overpayment exceeds 10%, the mortgage is repaid in full, or switched to another product before the end of the product term then the full amount of the Early Repayment Charge will apply.

The Early Repayment Charge will be calculated at:

• 4% of the amount repaid until 28 February 2025;
• 3% of the amount repaid until 28 February 2026: and
• 2% of the amount repaid until 29 February 2028.

The mortgage tariff of charges details the various fees and charges that may apply during the term of your mortgage. To view these, please click here.

A mortgage of £185,000 payable over 15 years initially on a fixed rate until 29 February 2028, currently 5.34% and then our SVR, currently 8.29% for the remaining term would require an initial payment of £1,531.35 followed by 35 monthly payments of £1,504.02, and 144 monthly payments of £1,753.68.

The total amount payable would be £306,851.97 made up of the mortgage amount plus interest (£121,701.97), with an arrangement fee of £999.00, a telegraphic transfer fee of £25.00 and mortgage exit fees of £125.00.

The overall cost for comparison is 7.3% APRC representative.