All rates are variable and effective from the 1st October 2018.
Whether you are moving home, buying your first home or looking to remortgage, the Society has one straightforward repayment mortgage where you are able to choose a two or three year scheme and obtain a discount depending on the amount you would like to borrow against the value of your home.
Repayments would then revert to the standard variable rate at the end of the scheme, however at the end of the discount period we can offer a transfer to a new scheme.
An Offset Mortgage Facility is available up to 75% of the loan balance and a maximum LTV of 80%.
Switch Your Mortgage to us
If you are looking to switch your existing mortgage to us, the Society is offering a 'Fee Free' Remortgage package, with no completion fee and we cover the cost of the standard valuation and legal fees for the switch to us. This is available for up to 80% LTV on selected products.
The Society can consider mortgages for people already in retirement, and an interest only payment facility is also available for certain mortgage options. For a number of years now the Society has offered Interest Only terms for borrowers who have a legitimate repayment vehicle including downsizing if sufficient equity exists. A brief summary of the otions available is in the pdf document below but please contact us to discuss this further.
First Time Buyer and Family Assisted Mortgages
Beverley Building Society will now allow joint mortgage arrangements with sole ownership. To help first time buyers get onto the housing ladder the Society can consider loans up to 95% of the purchase price anywhere in England and Wales. Terms and conditions apply.
Self Build Mortgage Information
The Society can consider mortgage applications for self build projects anywhere in England and Wales. To see our terms and conditions relating to this please click on the information link under Downloads, below the following boxes.
Please select the option below that best describes your need.
Free standard valuation and free legal fees for switching your existing mortgage to us.
Interest is calculated daily A 'KEY FACTS ILLUSTRATION' is available on request.
If the account falls into arrears the Society may revert the account to the SVR.
EARLY REPAYMENT CHARGE Overpayment of 10% of the mortgage can be repaid each year during the discount period. If an overpayment of more than this amount takes place a 2.00% early repayment charge will be applied.
MAXIMUM LOAN of £750,000 up to 65% LTV | MAXIMUM LOAN of £500,000 up to 80% LTV | MAXIMUM LOAN of £200,000 up to 95% LTV
MAXIMUM TERM 40 years | MINIMUM TERM 5 years | MINIMUM AGE 18 years
LTV = LOAN TO VALUE | SVR = STANDARD VARIABLE RATE
APRC = The annual percentage rate charge (APRC) is the total cost of the loan expressed as an annual percentage. The APRC is provided to help you compare different products.