arrangement fee
This can be paid up-front or added to the mortgage. Bear in mind that if you add the fee to your mortgage, you'll pay interest on it at the same rate as your mortgage and as a result will pay more interest over the term of your mortgage.
£999
booking fee
This fee must be paid when you apply for your mortgage.
no fee
initial rate
4.99% fixed rate until 31 May 2027
4.99%
followed by our SVR
Our Standard Variable Rate (or SVR) reflects our cost of lending using a number of factors, including the Bank of England Base Rate. As the SVR is a variable rate it can change at any time.
8.59%
the overall cost for comparison is 7.6% APRC

Fixed until 31/05/2027 . Early Repayment Charges apply. . This product may be withdrawn at any time.

Product key features

Product related fees

There is an arrangement fee of £999. This fee can be taken off the mortgage amount, or you can add the fee to the amount you borrow. If you choose to add the arrangement fee to your mortgage you will pay interest on the fee at the same rate as your mortgage. If you choose to take the arrangement fee off the mortgage, this will be deducted from the amount you borrow and so, you will need to pay the arrangement fee to your solicitor at completion.

YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Product incentives

Free standard valuation: We will contribute up to £350 towards the cost of a valuation. To see our valuation fees, please click here. 

Fees assisted legals: You can choose to use our solicitors. If you choose to do this, we will cover the cost of any standard legal fees. Please note, any non-standard fees must be paid by yourself. You'll be advised of any non-standard costs that will apply. If you choose to use our solicitors, they'll only act for us and won't provide you with independent advice regarding the mortgage application. Alternatively, you can choose to receive £250 towards your own solicitor's costs. 

YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Mortgage amounts

The minimum mortgage amount is £50,000 and the maximum is £1,000,000.

We have a minimum property value of £100,000 which increases to £250,000 for properties located within the M25 corridor.

The maximum loan to value is 75%.

YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Mortgage repayment terms

The minimum repayment term is 5 years and the maximum repayment term is 40 years. Maximum term will depend upon individual circumstances, for example applicant age and leasehold property restrictions. 

YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Early Repayment Charges

Early Repayment Charges apply during the product term. You can overpay up to 10% of the original mortgage amount each calendar year without charge. However, if the overpayment exceeds 10%, the mortgage is repaid in full, or switched to another product before the end of the product term then the full amount of the Early Repayment Charge will apply. 

The Early Repayment Charge will be:

  • 4% of the amount repaid until 31 May 2024;
  • 3% of the amount repaid until 31 May 2025; and
  • 2% of the amount repaid until 31 May 2027.

YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Mortgage tariff of charges

The mortgage tariff of charges details the various fees and charges that may apply during the term of your mortgage. To view these, please click here. 

YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Representative example

A mortgage of £177,300 payable over 19 years initially on a fixed rate until 31 May 2027, currently 4.99%, then followed by our SVR, currently 8.59% for the remaining term would require an initial payment of £1,236.36 followed by 36 monthly payments of £1,211.95 and 191 monthly payments of £1,534.82.

The total amount payable would be £338,167.18 made up of the mortgage amount plus interest (£160,717.18), with an arrangement fee of £999, a telegraphic transfer fee of £25 and mortgage exit fees of £125.

The overall cost for comparison is 7.6% APRC representative.

YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

We are happy to help you...

  • Find the best mortgage for you
  • Answer any questions
  • Discuss your existing account
  • Book a mortgage appointment
Laurence, our Mortgage Adviser is here to help 0121 557 2551*
Our lines are open:
Monday - Tuesday09:00 - 17:00
Wednesday09:30 - 17:00
Thursday - Friday09:00 - 17:00
Saturday09:00 - 12:00
SundayClosed
*Calls from landlines are charged at the standard rate. Calls from mobiles may vary.

Our mortgage customers say

"You soon get to know the people you are dealing with, which helps to take the stress out of your mortgage." Mrs Main
Mortgage customer read more

Our mortgage customers say

"My experience with the Society has allowed me to get a mortgage I am happy with and I know they are only at the other end of the phone if and when I need them." Miss Savell-Boss
Mortgage customer read more

Your home may be repossessed if you do not keep up repayments on your mortgage.