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

2 Year Fixed Rate 90% LTV fixed until 31.07.2026

Maximum Loan To Value (LTV)
90%
Initial Interest Rate
5.59% (fixed until 31st July 2026)
Follow On Variable Rate until 31.07.2030, currently:

Followed by our Standard Variable Rate thereafter, currently:
7.49%

8.74%
The Overall Cost for Comparison is
8.00% APRC
Interest Calculated
Daily
The following is a representative example based on a mortgage of £230,000 payable over 25 years initially on a fixed rate of 5.59% until 31st July 2026, a further discounted rate of 7.49% until 31st July 2030, followed by our Standard Variable Rate of 8.74%. In this example you would make 27 monthly payments of £1,424.79, 48 payments of £1,679.50 and 225 monthly payments of £1,835.05.

The total amount payable would be £533,546.58 made up of the loan amount plus interest of £301,971.58 and the following costs, a Scheme Fee (£1,250.00), a Chaps fee (£25.00), a standard Valuation fee (£225.00) and a Mortgage Exit Administration Fee (£75.00).

The overall cost for comparison is 8.00% 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 until 31st July 2025.
1.50% of the redemption balance until 31st July 2026.
Application Fee
There is no Application Fee payable for this product.
Scheme Fee
£1,250 (can be added to the loan, subject to LTV, 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.
Age
Minimum – 18 years
Maximum – 72 years
Term
Minimum – 2 years
Maximum – 40 years
Loan Size
Minimum - £50,000
Maximum - £1,200,000 (Maximum Loan amounts vary by LTV, please refer to our current criteria for details)
Availability
Available to customers who meet our standard lending criteria.  Non-standard products are available.
Some property types and locations are not acceptable, speak to your mortgage advisor for more information.
With a variable rate product, payments may vary as interest rates change.
Overpayments
The Society will allow overpayments of up to 10% of the capital balance per annum without invoking an early repayment charge.
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.

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
Name
Name

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

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

Amortization Calculator

£
%

Monthly Payment

£1,673,933,442.49

Total Interest Payable

£96,308,019,647.55

Total of Payments
(Principal + Interest)

£301,308,019,647.55

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.

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Buy to Let Calculator

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

£
£
£
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LTV

0%

Monthly Mortgage Payment

£0.00

Monthly Mortgage Payment (Stress Tested)

£0.00

Rent minus 10 day annual void

£0.00

MIN BTL Rental Figure Required 125% (Basic Rate)

£0.00


MIN BTL Rental Figure Required 148% (Higher Rate)

£0.00

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.