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

2 Year Discount 85% LTV

Maximum Loan To Value (LTV)
Initial Interest Rate
5.60% (3.14% discount from our 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
8.00% APRC
Interest Calculated
The following is a representative example based on a mortgage of £230,000 payable over 25 years initially on a discounted variable rate of 5.60% 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 24 monthly payments of £1,426.17, 48 payments of £1,681.73 and 228 monthly payments of £1,839.00.

The total amount payable would be £534,318.12 made up of the loan amount plus interest of £304,243.12 and the following costs, 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.
Cashback - £500 for Further Advances whereby a minimum of 50% of the additional funds are to be used towards Green Home Improvements. Please see Availability and Suitability below for further details.
Further Advance Fee - There is no further advance application fee for this product if at least 50% of the additional funds are to be used towards Green Home Imporvements.
Early Repayment Charge
2.50% of the redemption balance in year 1
1.50% of the redemption balance in year 2
Mortgage Exit Administration Fee
£75.00 (payable on redemption)
Minimum - 18
Maximum - No Maximum Age
Minimum - 2 Years
Maximum - 40 Years
Loan Size
Minimum - £5,000
Maximum - £1,200,000 (Maximum Loan amounts vary by LTV, please refer to our current criteria for details)
Availability and Suitability
Available for existing mortgage customers who wish to borrow additional funds up to a maximum total LTV of 85%. If you are borrowing for Home Improvements you may qualify for the incentives, but to be eligible you must evidence that a minimum of 50% of the additional funds are to be used towards Green Home Improvements. These could include:
• New windows and doors
• Insulation
• Solar panels
• Ground or air source pumps
This list is not exhaustive, for more ideas on making your home more ‘green’ take a look at our Green Home Guide here:

Your guide to a greener home | Chorley Building Society (

This type of product may be suitable if you wish to keep your repayments low for the first two years and do not mind your payments varying.

Please speak to your Chorley Building Society mortgage advisor for more details.
The Society will allow overpayments of up to 10% of the redemption 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)


Rent minus 10 day annual void


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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Contact Form - Request a Callback Mortgages

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.