Your Home May Be Repossessed If You Do Not Keep Up Repayments On Your Mortgage.

Help to Buy (Wales) – 2 Year Discount 75% LTV

Maximum Loan To Value (LTV)
Initial Interest Rate
7.14% (1.60% discount from the Society’s Standard Variable Rate for 2 years. The discount is subject to a minimum interest rate floor of 2.00%).
Follow On Variable Rate for 4 Years, currently:

Followed by our Standard Variable Rate thereafter, currently:

The Overall Cost for Comparison is
8.40% APRC
Interest Calculated
The following is a representative example based on a mortgage of £230,000.00 payable over 25 years initially on a discounted variable rate of 7.14% for 2 years, a further discounted variable rate of 7.49% for 4 years, followed by our Standard Variable Rate of 8.74%. In this example you would make an initial payment of £2,050.02, 23 monthly payments of £1,646.20, 48 payments of £1,695.30 and 228 monthly payments of £1,854.60.

The total amount payable would be £545,084.82 made up of the loan amount plus interest of £314,135.82 and the following costs, a Scheme Fee of (£599.00), a Chaps/Telegraphic Transfer fee (£25.00), a Valuation Fee (£250.00), and a Mortgage Exit Administration Fee (£75.00).

The overall cost for comparison is 8.40% APRC representative.

Note: What you will pay may vary from this and will depend on your personal circumstances.
Early Repayment Charge
2.50% of the redemption balance in year 1.
1.50% of the redemption balance in year 2.
Application Fee
There is no Application Fee payable for this product.
Scheme Fee
£599 (can be added to the loan, subject to LTV and lending criteria, or paid on completion. Fees added to the loan will accrue interest. Further details are available on application).
Mortgage Exit Administration Fee
£75 (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.
Minimum - 18
Maximum - 85 (Interest Only and Part & Part Mortgages)
                 - 90 (Repayment Mortgages)
Minimum – 2 years
Maximum – 40 years
Loan Size
Minimum - £50,000
Maximum Purchase Price – £300,000
To be eligible for the scheme, you must:
-Be buying an eligible home, with a maximum price of £300,000, from a builder who is registered with the scheme.
-Be able to fund at least 80% of the property price through a repayment mortgage and a 5% deposit.
Available to customers who meet our standard lending criteria. Non-standard products are available.
Acceptable on properties covered by the Wales Help to Buy scheme with an EPC rating of B or above.
With a variable rate product, payments may vary as interest rates change.
The Society will allow overpayments of up to 10% of the capital balance per annum without invoking an early repayment charge.
You can keep this mortgage should you move to a new property. This mortgage is portable subject to your status meeting our criteria.
Buildings insurance is compulsory in all instances.

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

At Chorley Building Society, we aim to help you find the mortgage that’s right for you and provide you with the best possible service. Whether looking to purchase a home or remortgage, we are here to help.

What you can expect from us:

  • Individual advice from friendly, qualified mortgage advisers.
  • A personal service – one point of contact.
  • A flexible approach to your lending needs.
  • A choice of interest-only or capital repayment methods, or a combination of both.
  • Legal & valuation incentives (subject to product terms and conditions).
  • We will guide you every step of the way.

Step 1

Book an appointment

Meet one of our mortgage advisers who will explain all your options, services and procedures clearly. No jargon. No pressure. Just honest, trusted professional advice with your interests at heart.

Contact Form - How to Apply

Step 2

Prepare for your appointment

To ensure we provide you with the best possible service, please review the following and bring as much information as possible to your appointment.

For more information, please contact us on 01257 235001


Documentation Required View
Budget planner View
Identification criteria View
Gifted Deposit declaration form View
Open Banking View

Mortgage Payment

Amortization Calculator


Monthly Payment


Total Interest Payable


Total of Payments
(Principal + Interest)


This information is for illustrative purposes only and does not contain all the details you need to choose a mortgage. All the information required will be provided during an interview with one of our mortgage advisers in a European Standardised Information Sheet.

We accept business from Appointed Representatives (ARs) and Directly Authorised (DA) intermediaries. However you must be registered via a Network or a Mortgage Club to submit a Decision in Principal or Application to us.

All cases are underwritten individually by our qualified underwriters. Call the mortgage team on 01257 235001.


Buy to Let Calculator

Please note that any fees you wish to add, should be added to the BTL loan amount




Monthly Mortgage Payment


Monthly Mortgage Payment (Stress Tested)




MIN BTL Rental Figure Required 125% (Basic Rate)


MIN BTL Rental Figure Required 148% (Higher Rate)


Please note that earned income in addition to the rental income( top-slicing) can only be considered by exception

This information is for illustrative purposes only and does not contain all the details you need to choose a mortgage.

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The Society will collect your email address as an alternative means of communication if we cannot reach you via telephone. This data will not be used for any other purpose.