PLEASE BE AWARE OUR MORTGAGE PRODUCTS CAN BE WITHDRAWN AT SHORT NOTICE.
Your payments are linked to a variable rate which means that payments may go up or down – but the amount the rate can rise to is restricted to an upper limit (known as the ‘cap’) for a set period of time.
| |
Base Rate Tracker Capped |
| Maximum LTV |
75% |
| Pay rate(s) |
Until 30 April 2011 your payments will track BoEBR (currently 5.25%) plus 0.59%, but will not exceed |
5.99% |
| |
Currently giving a pay rate of |
5.84% |
| |
For the rest of the term of the mortgage, changing to our RSVR currently |
6.70% |
| The overall cost for comparison is |
|
6.8% APR |
| Early Repayment Charge (ERC) (See Important Note 2). |
2% until 30 April 2009
1% until 30 April 2011 |
| Completion fee (See Important Note 4) |
£749 |
| Notes |
Only available through our branch network & Skipton Direct team.
This product is portable.
|
| Overpayments allowed up to 10% of original loan each year without ERC (over 10% ERC applies) |
Yes, up to 30 April 2011 |
| Features |
Free legal fees and valuations on remortgage (see note 1) |
View Important Notes description of abbreviations