Early repayment charge+
If your current mortgage is tied into a deal, for example you have a 5 year fixed rate mortgage which you’re three years into paying, you may have to pay an Early Repayment Charge to get out of that deal. It’s normally a percentage of your mortgage balance and will be detailed in your mortgage offer and terms and conditions. If you can’t find it, just contact your current lender and they’ll be able to tell you how much it will be.
We offer a range of mortgages which have no product fee.
Mortgages with product fees usually carry a lower rate of interest during the initial product term. Product fees can be added to your mortgage, but it means that you pay interest on the product fee unless it is repaid within 21 days of completing on your mortgage.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.