Standard Variable Rate 90%

Maximum Loan to Value (LTV) 90% LTV
Our Standard Variable Rate thereafter, currently 5.99%
The Overall Cost for Comparison  6.3% APRC
Interest Calculated Daily

The following is a representative example based on a mortgage of £157,152.00 payable over 25 years on our Standard Variable Rate of 5.99%. In this example you would make an initial payment of £1,372.66 followed by 299 monthly payments of £1,011.60

The total amount payable would be £304,615.06 made up of the loan amount plus interest of £146,689.06, a CHAPS/ Telegraphic Transfer Fee (£25.00), an Application Fee (£145.00), a Mortgage Exit Administration Fee (£75.00), a Standard Valuation Fee (£175.00), and a Separate Representation Fee (£354.00).

The overall cost for comparison is 6.3% APRC representative.

Note: What you will pay may vary from this and will depend on your personal circumstances.

Early Repayment Charge There is no Early Repayment Charge.
Application Fee £145 (paid on application, non-refundable).
Scheme Fee Not applicable.
Mortgage Exit Administration Fee £75.00 (paid on redemption).
Standard Valuation Fee Paid directly to valuer by the applicant – see Valuation Fee Scale for details.
A standard mortgage valuation is required on all properties.
Procuration Fee If arranged via an introducer a Procuration fee will be paid to the Introducer by the Society upon completion of the mortgage. Please refer to your Introducer for details.


Age Minimum – 18 Years
Maximum – No Age Limit
Term Minimum – 1 Years
Maximum – 40 Years
Loan Size Minimum – £50,000
Maximum – £1,000,000 (Subject to LTV)
Availability Available for house purchases, re-mortgages with a mortgage of 90% LTV. The mortgage is secured against your home. Some property types and locations are not acceptable, for further information please speak to your mortgage advisor.

This type of mortgage follows our standard variable rate, which is set by the Society’s Board of Directors and can vary.

Overpayments Unlimited overpayments permitted. The Society reserves the right to request evidence of source of funds.
Portability You can keep this mortgage should you move to a new property. This mortgage is portable subject to your status meeting our criteria.
Insurance Buildings insurance is compulsory in all instances, the Society will require a copy of the customer’s policy in advance of completion.

This is a limited issue and the Society reserves the right to withdraw this scheme without notice at any time.