More in this section

Here you will find a summary of our current owner occupier products available for further advance. For more detailed information, you can download the product summary sheet by clicking on the link in the tables below.

For new business please call us on 03300 243414 or for existing business please contact us on 03300 243412 to arrange an appointment should you be in a position to apply or require advice, alternatively our customer representative may be able to answer any queries you might have. We're open Monday to Thursday: 8am - 6pm, Friday: 8am - 5.30pm and Saturday: 9am - noon.

Interest

Where existing borrowing is on product terms that have interest calculated annually, the further advance product chosen by you must be on the same basis. Similarly, where existing borrowing is on product terms that have interest calculated monthly, the further advance product chosen by you must be on the same basis.

If your mortgage with us completed before 31 October 2004

Your mortgage is not currently a 'Regulated Mortgage Contract'. If you are interested in applying for a further advance we will convert your existing mortgage to a 'Regulated Mortgage Contract', this will mean that your mortgage is regulated by the Financial Conduct Authority (FCA). There will be no extra cost to you, besides the usual further advance application and product fees.

Go to Discounted Variable Rate Mortgages
Go to Fixed Rate Mortgages
Go to Family First Guarantor Mortgage Fixed Rate
Go to Base Rate Tracker Mortgages

DISCOUNTED VARIABLE RATES

Product name Initial interest rate Followed by our SVR^, currently The overall
cost for comparison
is
Minimum interest
rate payable
Interest calculated Product fee Early repayment charges Further details
Capital and Interest Repayment
3 year 2.10% discount 2.34% 4.44% 3.7% APRC 2.14% Annually Nil Yes Click Here

Total borrowing of up to 80% of current property value can be considered.

Representative example:
A further advance of £36,022 payable over 10 years on a discounted variable rate for 3 years at 2.10% below our annual standard variable rate and then on our annual standard variable rate, currently 4.44%, would require 35 monthly payments of £340.16 and 85 monthly payments of £363.97, plus one initial interest payment of £2.31.
The total amount payable would be £43,070.36 made up of the loan amount plus interest £6,823.36 and an application fee of £125 which includes the valuation fee, and legal fees of £100.
The overall cost for comparison is 3.7% APRC representative.

Product name Initial interest rate Followed by our SVR^, currently The overall
cost for comparison
is
Minimum interest
rate payable
Interest calculated Product fee Early repayment charges Further details
Capital and Interest Repayment
3 year 2.20% discount 2.34% 4.54% 3.6% APRC 2.14% Monthly Nil Yes Click Here
5 year 1.70% discount 2.84% 4.54% 3.9% APRC 2.64% Monthly Nil Yes Click Here

Total borrowing of up to 80% of current property value can be considered.

Representative example:
A further advance of £14,000 payable over 15 years on a discounted variable rate for 5 years at 1.70% below our monthly standard variable rate and then on our monthly standard variable rate, currently 4.54%, would require 59 monthly payments of £95.61 and 121 monthly payments of £103.51, plus one initial interest payment of £33.85.
The total amount payable would be £18,424.55 made up of the loan amount plus interest £4,199.55 and an application fee of £125 which includes the valuation fee, and legal fees of £100.
The overall cost for comparison is 3.9% APRC representative.

Product name Initial interest rate Followed by our SVR^, currently The overall
cost for comparison
is
Minimum interest
rate payable
Interest calculated Product fee Early repayment charges Further details

Interest Only

3 year 1.60% discount 2.84% 4.44% 4.0% APRC 2.64% Annually Nil Yes Click Here

Total borrowing of up to 80% of current property value can be considered.

Representative example:
A further advance of £36,022 payable over 10 years on a discounted variable rate for 3 years at 1.60% below our annual standard variable rate and then on our annual standard variable rate, currently 4.44%, would require 35 monthly payments of £85.25 and 85 monthly payments of £133.28, plus one initial interest payment of £2.80.
The total amount payable would be £50,562.35 made up of the loan amount plus interest £14,315.35, and an application fee of £125 which includes the valuation fee, and legal fees of £100.
The overall cost for comparison is 4.0% APRC representative.

Product nameInitial interest rate Followed by our SVR^, currentlyThe overall
cost for comparison
is
Minimum interest
rate payable
Interest calculatedProduct feeEarly repayment chargesFurther details

Interest Only

3 year 1.70% discount2.84%4.54%4.2% APRC2.64% MonthlyNil YesClick Here
5 year 1.20% discount3.34%4.54%4.3% APRC 3.14%MonthlyNilYesClick Here

Total borrowing of up to 80% of current property value can be considered.

Representative example:
A further advance of £14,000 payable over 15 years on a discounted variable rate for 5 years at 1.20% below our monthly standard variable rate and then on our monthly standard variable rate, currently 4.54%, would require 59 monthly payments of £38.97 and 121 monthly payments of £52.94, plus one initial interest payment of £39.82.
The total amount payable would be £22,969.79 made up of the loan amount plus interest £8,744.79, and an application fee of £125 which includes the valuation fee, and legal fees of £100.
The overall cost for comparison is 4.3% APRC representative.

FIXED RATE

Product
name
Initial interest rate Followed by our SVR^, currently The overall cost for comparison
is
Minimum interest
rate payable
Interest calculated Product fee Early repayment charges Further details
Capital and Interest Repayment
3 year fixed rate until 31/10/2020 2.44% 4.44% 3.8% APRC No Annually Nil Yes Click Here
The above mortgage must complete by 01/12/2017. Total borrowing of up to 80% of current property value can be considered.

Representative example:
A further advance of £14,000 payable over 9 years initially on a fixed rate for 3 years at 2.44% and then on our annual standard variable rate, currently 4.44%, for the remaining 6 years would require 38 monthly payments of £145.95 and 70 monthly payments of £153.47, plus one initial interest payment of £0.94.
The total amount payable would be £16,514.94 made up of the loan amount plus interest £2,289.94 and an application fee of £125 which includes the valuation fee, and legal fees of £100.
The overall cost for comparison is 3.8% APRC representative.

Product
name
Initial interest rate Followed by our SVR^, currently The overall cost for comparison
is
Minimum interest
rate payable
Interest calculated Product fee Early repayment charges Further details
Capital and Interest Repayment
2 year fixed rate until 31/10/2019 1.99% 4.54% 4.0% APRC No Monthly Nil Yes Click Here
3 year fixed rate until 31/10/2020 2.44% 4.54% 3.8% APRC No Monthly Nil Yes Click Here
5 year fixed rate until 31/10/2022 2.54% 4.54% 3.4% APRC No Monthly Nil Yes Click Here

The above mortgages must complete by 01/12/2017. Total borrowing of up to 80% of current property value can be considered.

Representative example:
A further advance of £34,000 payable over 14 years initially on a fixed rate for 2 years at 1.99% and then on our monthly standard variable rate, currently 4.54%, for the remaining 12 years would require 26 monthly payments of £232.05 and 142 monthly payments of £267.33, plus one initial interest payment of £57.55.
The total amount payable would be £44,276.71 made up of the loan amount plus interest £10,051.71 and an application fee of £125 which includes the valuation fee, and legal fees of £100.
The overall cost for comparison is 4.0% APRC representative.

Product
name
Initial interest rate Followed by our SVR^, currently The overall cost for comparison
is
Minimum interest
rate payable
Interest calculated Product fee Early repayment charges Further details

Interest Only

3 year fixed rate until 31/10/2020 2.94% 4.44% 4.1% APRC No Annually Nil Yes Click Here
The above mortgage must complete by 01/12/2017. Total borrowing of up to 80% of current property value can be considered.

Representative example:
A further advance of £14,000 payable over 9 years initially on a fixed rate for 3 years at 2.94% and then on our annual standard variable rate, currently 4.44%, for the remaining 6 years would require 38 monthly payments of £34.30 and 70 monthly payments of £51.80, plus one initial interest payment of £1.13.
The total amount payable would be £19,155.53 made up of the loan amount plus interest £4,930.53 and an application fee of £125 which includes the valuation fee, and legal fees of £100.
The overall cost for comparison is 4.1% APRC representative.

Product
name
Initial interest rate Followed by our SVR^, currently The overall cost for comparison
is
Minimum interest
rate payable
Interest calculated Product fee Early repayment charges Further details
Interest Only
3 year fixed rate until 31/10/2020 2.94% 4.54% 4.2% APRC No Monthly Nil Yes Click Here

The above mortgages must complete by 01/12/2017. Total borrowing of up to 80% of current property value can be considered.

Representative example:
A further advance of £14,000 payable over 9 years initially on a fixed rate for 3 years at 2.94% and then on our monthly standard variable rate, currently 4.54%, for the remaining 6 years would require 38 monthly payments of £34.30 and 70 monthly payments of £52.95, plus one initial interest payment of £35.04.
The total amount payable would be £19,269.94 made up of the loan amount plus interest £5,044.94 and an application fee of £125 which includes the valuation fee, and legal fees of £100.
The overall cost for comparison is 4.2% APRC representative.

FAMILY FIRST GUARANTOR MORTGAGE FIXED RATE

Product
name
Initial interest rate Followed by our SVR^, currently The overall cost for comparison
is
Minimum interest
rate payable
Interest calculated Product fee Early repayment charges Further details

Capital and Interest Repayment

3 year fixed rate until 30/09/2020 2.59% 4.54% 3.9% APRC No Monthly Nil Yes Click Here
The above mortgage must complete by 01/12/2017. Total borrowing of up to 95% of current property value can be considered. Only available to existing Family First borrowers for home improvements.

Representative example:
A further advance of £14,000 payable over 9 years initially on a fixed rate for 3 years at 2.59% and then on our monthly standard variable rate, currently 4.54%, for the remaining 6 years would require 37 monthly payments of £145.46 and 71 monthly payments of £153.69, plus one initial interest payment of £30.87.
The total amount payable would be £16,549.88 made up of the loan amount plus interest of £2,324.88 and an application fee of £125 which includes the valuation fee, and legal fees of £100.
The overall cost for comparison is 3.9% APRC representative.

Product
name
Initial interest rate Followed by our SVR^, currently The overall cost for comparison
is
Minimum interest
rate payable
Interest calculated Product fee Early repayment charges Further details

Interest Only

3 year fixed rate until 30/09/2020 2.59% 4.54% 4.1% APRC No Monthly Nil Yes Click Here
The above mortgage must complete by 01/12/2017. Total borrowing of up to 95% of current property value can be considered. Only available to existing interest only Family First borrowers for home improvements.

Representative example:
A further advance of £14,000 payable over 9 years initially on a fixed rate for 3 years at 2.59% and then on our monthly standard variable rate, currently 4.54%, for the remaining 6 years would require 37 monthly payments of £30.22 and 71 monthly payments of £52.96, plus one initial interest payment of £30.87.
The total amount payable would be £19,134.17 made up of the loan amount plus interest of £4,909.17 and an application fee of £125 which includes the valuation fee, and legal fees of £100.
The overall cost for comparison is 4.1% APRC representative.

BASE RATE TRACKER MORTGAGES

Product
name
Initial interest rate Followed by our SVR^, currentlyThe overall cost for comparison
is
Minimum interest
rate payable
Interest calculatedProduct feeEarly repayment chargesFurther details

Capital and Interest Repayment

BRT +2.19% for 3 years2.44%4.54%3.7% APRC2.24%MonthlyNilYesClick Here
During initial tracker period, interest rate changes are effective from the 25th day of the month following a change in the Bank of England Bank Rate. Total borrowing of up to 80% of the current property value can be considered.

Representative example:
A further advance of £36,022 payable over 10 years initially on our tracker rate for 3 years at 2.19% above the Bank of England Bank Rate and then on our monthly standard variable rate, currently 4.54%, for the remaining 7 years would require 35 monthly payments of £338.60 and 85 monthly payments of £363.51, plus one initial interest payment of £74.80.
The total amount payable would be £43,049.15 made up of the loan amount plus interest of £6,802.15 and an application fee of £125 which includes the valuation fee, and legal fees of £100.
The overall cost for comparison is 3.7% APRC representative.

Product
name
Initial interest rate Followed by our SVR^, currentlyThe overall cost for comparison
is
Minimum interest
rate payable
Interest calculatedProduct feeEarly repayment chargesFurther details

Interest Only

BRT +2.69% for 3 years2.94%4.54%4.2% APRC2.74%MonthlyNilYesClick Here
During initial tracker period, interest rate changes are effective from the 25th day of the month following a change in the Bank of England Bank Rate. Total borrowing of up to 80% of the current property value can be considered.

Representative example:
A further advance of £36,022 payable over 10 years initially on our tracker rate for 3 years at 2.69% above the Bank of England Bank Rate and then on our monthly standard variable rate, currently 4.54%, for the remaining 7 years would require 35 monthly payments of £88.25 and 85 monthly payments of £136.25, plus one initial interest payment of £90.17.
The total amount payable would be £51,007.17 made up of the loan amount plus interest of £14,760.17 and an application fee of £125 which includes the valuation fee, and legal fees of £100.
The overall cost for comparison is 4.2% APRC representative.



What is a representative example?

This is an illustration of a typical mortgage and its total cost.

FOOTNOTES

^ SVR stands for Standard Variable Rate.

* This product fee is not payable if this mortgage product is applied for in conjunction with an existing mortgage product switch.

NEXT STEPS

if you are interested in any of these products, or have any questions, please contact our New Mortgage Enquiry Team on 03300 243414. We can arrange for a Key Facts Illustration and application form to be sent out to you.

When you call us we will ask you some basic financial information and other questions about the property to ensure that the loan you are requesting is affordable and can be achieved based on our lending criteria. Please make sure that you have adequate privacy when disclosing this information to us.

We're open Monday - Thursday: 8am - 6pm, Friday: 8am - 5.30pm and Saturday: 9am - noon.

Alternatively, if you would like us to contact you at a time of your choice, please complete our call back request form.

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