Standard Variable Rate Mortgage up to 75% LTV


Follow Stafford Railway’s Standard Variable Rate for the term of your mortgage for LTVs of 75%.

Key features

Product details

  • Available for remortgages, house purchases, moving home or capital raising
  • 3.45% is our current rate.
  • Overall cost for comparison is 3.6% APRC
  • No product fee or booking fee applies
  • Valuation fees apply
  • Make unlimited overpayments
  • Interest calculated daily
  • Representative Example (Effective from 1 November 2018)
    A mortgage of £65,000 payable over 15 years on our Standard Variable Rate (SVR) currently 3.45% would require 180 monthly payments of £463.08. The total amount payable would be £83,749.40 made up of the loan amount plus interest (£18,354.00), a valuation fee of £225 and a funds transfer fee of £25. The overall cost for comparison is 3.6% APRC representative.

Standard
Variable Rate

3.45%

Overall cost
for comparison

3.6%

APRC

Maximum
loan to value

75%

(minimum 25% deposit)

 

All rates accurate as of 1st November.

Starting rate 3.45%
The overall cost for comparison 3.6% APRC
Maximum LTV 75%
Available For Purchases, remortgages, moving home and capital raising
Early Repayment Charge None
Completion Fee None
Booking Fee None
Basic Valuation Fee Fee applicable (see valuation fees)
Minimum Loan £25,000
Maximum Loan £1 million
Interest Type Daily
Minimum Property Value £100,000
Minimum Term 5 years
Maximum Term 30 years
Repayment Type Repayment or Interest Only
Minimum Age 18
Maximum Age At Term End 85 (Mortgage must be finished by the oldest applicants 85th birthday)
Geographical Restrictions We will lend throughout England and Wales only
Incentives None
Representative Example (correct as of 01/11/2018) A mortgage of £65,000 payable over 15 years on our Standard Variable Rate (SVR) currently 3.45% would require 180 monthly payments of £463.08. The total amount payable would be £83,749.40 made up of the loan amount plus interest (£18,354.00), a valuation fee of £225 and a funds transfer fee of £25. The overall cost for comparison is 3.6% APRC representative.
Notes
  • This mortgage summary should be read in conjunction with the Terms and Conditions.
  • This information does not contain all of the details you need to choose a mortgage. You will need to obtain a Key Facts Illustration before you make a decision. Please contact the Society to discuss your requirements.

All rates accurate as of 1st November

YOUR MORTGAGE IS SECURED ON YOUR HOME, WHICH MAY BE REPOSSESSED IF YOU DO NOT KEEP UP THE MORTGAGE REPAYMENTS. THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME

We only offer our own products. All our residential mortgages are regulated and therefore subject to the FCA regulations' requirements.

Call us on: 01785 223212*