Later Life Mortgages

The following is a representative example based on a mortgage of £400,000 payable over 25 years initially on a discounted variable rate of 4.89% for 2 years, a further discounted rate of 7.04% for 4 years, followed by our Standard Variable Rate of 8.29%. In this example you would make 24 monthly payments of £2,312.80, 48 payments of £2,803.84 and 228 monthly payments of £3,070.73.

The total amount payable would be £892,916.96 made up of the loan amount plus interest of £490,217.96 and the following costs, a Scheme Fee of (£1,999.00), a Chaps/Telegraphic Transfer fee (£25.00), a Valuation Fee (£625.00), and a Mortgage Exit Administration Fee (£50.00).

The overall cost for comparison is 7.5% APRC representative.

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

The following is a representative example based on a mortgage of £178,487 payable over 25 years initially on a discounted variable rate of 5.99% for 2 years, a further discounted rate of 7.04% for 4 years, followed by our Standard Variable Rate of 8.29%. In this example you would make 24 monthly payments of £1,148.90, 48 payments of £1,259.22 and 228 payments of £1,379.09.

The total amount payable would be £403,722.68 made up of the loan amount plus interest of £223,961.68 and the following costs, a Scheme Fee of (£999.00), a Chaps/Telegraphic Transfer fee (£25.00), a Valuation Fee (£200.00), and a Mortgage Exit Administration Fee (£50.00).

The overall cost for comparison is 7.8% APRC representative.

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

The following is a representative example based on a mortgage of £178,487 payable over 25 years initially on a discounted variable rate of 5.99% for 2 years, a further discounted rate of 7.04% for 4 years, followed by our Standard Variable Rate of 8.29%. In this example you would make 24 monthly payments of £1,148.90, 48 payments of £1,259.22 and 228 payments of £1,379.09.

The total amount payable would be £403,722.68 made up of the loan amount plus interest of £223,961.68 and the following costs, a Scheme Fee of (£999.00), a Chaps/Telegraphic Transfer fee (£25.00), a Valuation Fee (£200.00), and a Mortgage Exit Administration Fee (£50.00).

The overall cost for comparison is 7.8% APRC representative.

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

The following is a representative example based on a mortgage of £180,000 payable over 25 years initially on a discounted variable rate of 5.14% for 2 years, a further discounted rate of 7.04% for 4 years, followed by our Standard Variable Rate of 8.29%. In this example you would make 24 monthly payments of £1,067.00, 48 payments of £1,263.67 and 228 monthly payments of £1,383.96.

The total amount payable would be £403,129.04 made up of the loan amount plus interest of £221,807.04 and the following costs, a Scheme Fee of (£999.00), a Chaps/Telegraphic Transfer fee (£25.00), a Valuation Fee (£248.00), and a Mortgage Exit Administration Fee (£50.00).

The overall cost for comparison is 7.6% APRC representative.

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

The following is a representative example based on a mortgage of £180,000 payable over 25 years initially on a discounted variable rate of 5.14% for 2 years, a further discounted rate of 7.04% for 4 years, followed by our Standard Variable Rate of 8.29%. In this example you would make 24 monthly payments of £1,067.00, 48 payments of £1,263.67 and 228 monthly payments of £1,383.96.

The total amount payable would be £403,129.04 made up of the loan amount plus interest of £221,807.04 and the following costs, a Scheme Fee of (£999.00), a Chaps/Telegraphic Transfer fee (£25.00), a Valuation Fee (£248.00), and a Mortgage Exit Administration Fee (£50.00).

The overall cost for comparison is 7.6% APRC representative.

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

Please note this representative example takes into account the reduction in interest rates due to take effect on 24th October 2025.

Standard Variable Rate (8.29% reducing to 8.14%) and Follow on Variable Rate (7.04% reducing to 6.89%). The Representative Example uses the lower Standard Variable Rate of 8.14% and Follow on Variable Rate of 6.89%.

The following is a representative example based on a mortgage of £180,000 payable over 25 years initially on a fixed rate of 4.69% until 30th September 2030, a further discounted rate of 6.89% until 30th September 2031, followed by our Standard Variable Rate of 8.14%. In this example you would make 60 monthly payments of £1,020.01, 12 payments of £1,219.52 and 228 monthly payments of £1,336.29.

The total amount payable would be £380,831.96 made up of the loan amount plus interest of £200,508.96 and the following costs, a Chaps/Telegraphic Transfer fee (£25.00), a Valuation Fee (£248.00), and a Mortgage Exit Administration Fee (£50.00).

The overall cost for comparison is 6.8% APRC representative.

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