Borrow
Residential and buy-to-let, priced by loan-to-value band, with a decision in principle that takes minutes and leaves no mark on your credit file.
Rates
The current board
Rates are held for thirty days from the date of a full application.
| Product | Maximum loan to value | Initial rate | Product fee |
|---|---|---|---|
| Two-year fixed | 60% | 4.19% | £999 |
| Two-year fixed | 85% | 4.69% | £999 |
| Five-year fixed | 60% | 4.05% | £999 |
| Five-year fixed | 85% | 4.49% | £999 |
| Five-year fixed, fee free | 90% | 5.12% | None |
| Buy-to-let, five-year fixed | 75% | 5.34% | £1,499 |
Your home may be repossessed if you do not keep up repayments on your mortgage. Buy-to-let mortgages are not regulated by the Financial Conduct Authority.
How we lend
Four things we do not charge extra for
A decision in principle in minutes
A soft search, valid for ninety days, with a figure an estate agent will accept. No mark on your credit file.
Overpay up to 10% a year, free
Every overpayment reduces the interest immediately rather than sitting in a reserve until the anniversary.
Take your rate with you
Every mortgage is portable. Move house within the fixed period and the rate moves with you, subject to the new property meeting our criteria.
A named person from offer to completion
One case handler, contactable directly, who has read your file. Not a queue and a reference number.
The process
From first look to keys
- 01
Decision in principle
Minutes, online, soft search only. Valid for ninety days.
- 02
Full application
Identification, income and the property. Usually one sitting.
- 03
Valuation and offer
We instruct the valuation and issue the offer, typically inside two weeks.
- 04
Completion
Your solicitor draws the funds on the day you agreed.
Questions about mortgages
How much can I borrow?
Usually up to four and a half times household income, subject to an affordability assessment that stress-tests the payment against a higher rate.
What deposit do I need?
From 10% for a residential purchase and 25% for buy-to-let. A larger deposit moves you into a lower loan-to-value band and a materially better rate.
What happens at the end of the fixed period?
You move onto our standard variable rate unless you switch. We write to you three months beforehand with the products available, and switching costs nothing.
Do you lend to the self-employed?
Yes, with two years of accounts or SA302s. One year may be acceptable where the trading history and the profession support it.
Get a decision in principle
A soft search, a figure you can take to an estate agent, and no mark on your credit file.