GMT48

4.69% Fixed to 30.04.27

Current rate

4.69%

Max LTV

50%

Application fee

£0

Product fee

£1999

Summary

Term

Initial rate

4.69%
4.69% Fixed Rate until 30.04.27

Followed by

7.24%
7.24% Variable for remainder of term

Overall cost

APRC

7.1%

Fees / Incentives

  • Application Fee: None.
  • Product Fee: £1,999 (can be added to mortgage)
  • Mortgage Exit Fee: £125
  • One valuation included

Early repayment charges

2.50% of the balance repaid until 30.04.26, then 2.00% of the balance repaid until 30.04.27

You can repay up to 10% of the capital p.a. without an early repayment charge

Max Loan to Value

LTV

50%

Interest charged frequency

Interest charged

Daily

Product Information

Fixed rates offer security - the interest rate on the mortgage won't change for an initial period, so the monthly payments will remain the same during this time regardless of whether interest rates rise or fall.

Portability

This product is portable and can be transferred from the existing property to a new property.

Valuation

We will instruct one valuation once we've reviewed your application. The valuation is for our benefit and used to confirm whether we can lend on the property. It's important to remember that we decide the type of valuation most appropriate to the application; therefore a physical inspection of the property may not be required.

Mortgage Exit Fee

If the mortgage is paid off before the end of the agreed term, a £125 mortgage exit fee will be payable, plus any applicable early repayment charges.

Application and Valuation Fees

Application and valuation fees (where applicable) are payable on application, and are non-refundable. The application will not be processed until these fees are received. This means the product is not reserved and a valuation will not be instructed.

Additional notes

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