A mortgage of £245,626 payable over 20 years on our discounted rate at 1.00% below the Society’s Residential Standard Variable Rate of 4.99% (variable) for the mortgage term of 20 years would require 240 monthly payments of £1,487.15 plus one initial interest payment of £832.37.

The total amount payable would be £358,912.37 made up of the loan amount plus interest (£112,122.37) and Arrangement Fee (£499), Valuation fee (£390), CHAPS fee (£25), Application Fee (£125) and Discharge fee (£125).

 The overall cost for comparison is 4.2% APRC representative.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE