The Monmouthshire Building Society

The Monmouthshire Building Society

Phone: +44 01633 844 445, +44 01633 844 330

3 Year Fixed Rate Remortgage (up to 90% LTV) - F189

This remortgage package offers a fixed rate of interest for the first three years and has no product fees, a free valuation and **free legal fees. At the end of the fixed rate period interest will revert to our Standard Variable Rate for the remainder of the mortgage term.
-Our local geographical area is defined as postcode areas: NP, CF, SA, LD, WR, GL, HR and BS. For Remortgages, the maximum Loan to Value is the amount of a mortgage loan expressed as a percentage of the value of the property against which the loan will be secured.
-You will not have to pay the usual legal fees in securing your new mortgage if our appointed solicitors are used. Our solicitor acts for the Society only to ensure we have good legal claim over your property. (You will have to pay for any additional legal work that the solicitors do which is beyond the usual scope of a simple remortgage†).
-† for example, change of your name, transfers of equity, deeds of postponement, merger of freehold and leasehold, remedy of any title defect, etc.
-If you move house, these terms can be transferred to any new loan, up to the amount of this loan, provided it is secured on land in Wales or England, used for owner occupation and completes at the same time as redemption of this loan. You must also meet the Society's lending criteria at the time. If however, your new loan is for less than the amount of your existing loan, an early repayment charge would be payable on the difference.
-Our remortgage products are available to new borrowers who are looking to switch their mortgage from another lender.
-For loans greater than £200,000 please contact us.
-Mortgage interest is calculated on a daily basis.
-Loans available to persons aged 18 or over and are subject to status and valuation of a suitable property, over which security will be required. All lending will be subject to appraisal of the financial standing of the applicants.



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