Reliance Bank Limited
Phone: +44 (0) 20 73985400
Fax: +44 (0) 20 73985401
Email: info@reliancebankltd.com
Name
2 Year Fixed Rate Mortgage
Category
Description
Your guide to help you make the right move, whether you are buying your first home, moving home or just wanting to move your mortgage, we will help make the process simple. We all know that buying a home can be stressful and there is so much involved... estate agents… solicitors...surveys...mortgages... and so much more to remember.
Interest Rate
3.25% APR
Details
3.99% fixed until 31.12.2015 changing to our Home Mortgage Rate for the rest of the term which is currently 3.75%. The overall cost for comparison is 3.9% APR
No arrangement fee
Free standard valuation up to £250 (this is only available to new customers)
First Time Buyers Only - applications for loans in excess of 75% Loan to Value may be considered
For house purchases or re-mortgages up to £250,000 the maximum loan is 75% of the value of the property. Minimum deposit 25%.
For lending of 65% LTV or less we can offer a 2 Year Fixed rate 3.25% until 31.12.2015.
In the event of the mortgage being repaid in full during the fixed rate period, an early repayment charge of 2% of the initial loan amount applies
For lending between £250,000 and £500,000 the minimum deposit is 30%
Minimum loan £50,000
Limited funds available - apply now!
After 31.12.2015, you have the option of making an overpayment each year, up to 10% of the outstanding balance ( minimum £1,000). An administration fee of £25 will be charged per partial payment.
Additional features of all Reliance Bank Mortgages
Interest is calculated daily
No higher lending charge
Don’t have to bank with Reliance Bank to apply
Personal service and management through to completion
Try our mortgage calculator to give you an idea of your monthly repayments
No arrangement fee
Free standard valuation up to £250 (this is only available to new customers)
First Time Buyers Only - applications for loans in excess of 75% Loan to Value may be considered
For house purchases or re-mortgages up to £250,000 the maximum loan is 75% of the value of the property. Minimum deposit 25%.
For lending of 65% LTV or less we can offer a 2 Year Fixed rate 3.25% until 31.12.2015.
In the event of the mortgage being repaid in full during the fixed rate period, an early repayment charge of 2% of the initial loan amount applies
For lending between £250,000 and £500,000 the minimum deposit is 30%
Minimum loan £50,000
Limited funds available - apply now!
After 31.12.2015, you have the option of making an overpayment each year, up to 10% of the outstanding balance ( minimum £1,000). An administration fee of £25 will be charged per partial payment.
Additional features of all Reliance Bank Mortgages
Interest is calculated daily
No higher lending charge
Don’t have to bank with Reliance Bank to apply
Personal service and management through to completion
Try our mortgage calculator to give you an idea of your monthly repayments
Featured
Yes
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