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

Bayview Terraces & Nelson View

Current Rates
Type Initial Rate Duration Followed by SVR¹, currently The overall cost for comparison is Discount off Standard Variable Rate LTV² Product fee
Discount 4.69% 3 years 4.99% 5.1% APR 0.30% 75% £495

Current rates effective from 01/11/2011

Bayview Terraces & Nelson View

We can help you to purchase a government co-owned property at Bayview Terraces or Nelson View with our 3 year discounted rate mortgage.

  • Borrow up to 75% of the property purchase price
  • £495 product fee
  • Minimum advance £35,000

We're here to help

  • Dedicated, experienced mortgage advisers are on hand to help
  • Quick lending decisions
  • Competitive mortgage rates

How much can you borrow?

  • You can borrow up to 75% of the purchase price.

Payment Holidays

  • You may need to miss a few payments or pay less some months. This is fine by us, as long as you have already overpaid enough to cover the missing amounts. We will ask you to complete a form to let us know exactly what you wish to do and for how long.

Minimum Mortgage

  • The minimum advance is £35,000

Our Charges

  • The Bayview Terraces & Nelson View 3 year discounted rate mortgage includes a product fee of £495. You can either pay this fee up front or add it to your mortgage.

Early Repayment

  • You can pay off your mortgage early whenever you want, but you could face a charge if you repay all or part of your mortgage, within the discounted rate period.
  • You have the option of repaying up to 10% (or £10,000, whichever is lower) per annum without penalty.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE