We offer a range of purchase options up to 95% LTV, with a minimum loan size of £25,000.
We will consider offering interest-only mortgages where the borrower has a strategy in place to eventually repay the mortgage, including downsizing with the sale of the property.
Rate (variable) | Reverting to SVR for the remainder of the term, currently | APRC - The overall cost for comparison is | Completion fee | Maximum loan to value | More details |
---|---|---|---|---|---|
5.29% | 8.24% Follows SVR with discount of 2.95% (which will not go below a floor rate of 2.50%) | 8.1% | £995 | 80% | More |
6.14% | 8.24% Follows SVR with discount of 2.10% (which will not go below a floor rate of 2.50%) | 8.4% | £995 | 90% | More |
6.34% | 8.24% Follows SVR with discount of 1.90% (which will not go below a floor rate of 2.50%) | 8.4% | £995 | 95% | More |
Rate (variable) | Reverting to SVR for the remainder of the term, currently | APRC - The overall cost for comparison is | Completion fee | Maximum loan to value | More details |
---|---|---|---|---|---|
5.89% | 8.24% Follows SVR with discount of 2.35% (which will not go below a floor rate of 2.50%) | 8.0% | £995 | 80% | More |
Account | Term | Rate (Variable) | Reverting to SVR** for the remainder of the term, currently | APRC - The overall cost for comparison is | Maximum loan to value | Fees | Other features |
---|---|---|---|---|---|---|---|
Interest-only | 3 Years | 5.99% | 8.24% Follows SVR with discount of 2.25% (which will not go below a floor rate of 2.50%) | 8.0% | 70% | Nil | More |
Retirement Interest-only | 3 Years | 5.99% | 8.24% Follows SVR with discount of 2.25% (which will not go below a floor rate of 2.50%) | 8.1% | 60% | £495 | More |
We offer remortgages up to 80% LTV, with a minimum loan size of £40,000. We’ll also consider remortgages with additional borrowing for almost any purpose, from simple capital-raising to home improvements or purchase of equity. We may also allow consolidation of debts up to £35,000.
We offer a fee-free remortgage package, if you are considering transferring your mortgage to us and are looking for a better rate, or even just want to extend your term. We cover the cost of the standard legal and valuation fees for the switch to us when using the Society’s panel of professionals. If you prefer, as an alternative, we can offer a £500 cashback and you are free to choose your own solicitor.
Rate (variable) | Reverting to SVR for the remainder of the term, currently | APRC - The overall cost for comparison is | Completion fee | Maximum loan to value | More details |
---|---|---|---|---|---|
5.29% | 8.24% Follows SVR with discount of 2.95% (which will not go below a floor rate of 2.50%) | 8.1% | £1,495 | 65% | More |
5.49% | 8.24% Follows SVR with discount of 2.75% (which will not go below a floor rate of 2.50%) | 8.1% | £995 | 65% | More |
5.64% | 8.24% Follows SVR with discount of 2.60% (which will not go below a floor rate of 2.50%) | 8.0% | Nil | 80% | More |
Rate (variable) | Reverting to SVR for the remainder of the term, currently | APRC - The overall cost for comparison is | Completion fee | Maximum loan to value | More details |
---|---|---|---|---|---|
6.34% | 8.24% Follows SVR with discount of 1.90% (which will not go below a floor rate of 2.50%) | 8.0% | Nil | 80% | More |
We can lend to borrowers who are self-employed, who have a minimum of one year’s accounts (up to 80% LTV and where their business is in the same occupation as their former employed profession). If borrowing over 80% then a minimum of 3 years’ accounts or HMRC evidence will be required.
In some cases, we may except 2 years’ evidence plus a projection.
We can, in many cases, take the most recent year’s income when calculating affordability if income has risen steadily, year-on-year. The documentation we will consider to certify income includes full accounts, SA302s and tax computations.
Rate (variable) | Reverting to SVR for the remainder of the term, currently | APRC - The overall cost for comparison is | Completion fee | Maximum loan to value | More details |
---|---|---|---|---|---|
5.29% | 8.24% Follows SVR with discount of 2.95% (which will not go below a floor rate of 2.50%) | 8.1% | £995 | 80% | More |
6.14% | 8.24% Follows SVR with discount of 2.10% (which will not go below a floor rate of 2.50%) | 8.4% | £995 | 90% | More |
6.34% | 8.24% Follows SVR with discount of 1.90% (which will not go below a floor rate of 2.50%) | 8.4% | £995 | 95% | More |
Rate (variable) | Reverting to SVR for the remainder of the term, currently | APRC - The overall cost for comparison is | Completion fee | Maximum loan to value | More details |
---|---|---|---|---|---|
5.89% | 8.24% Follows SVR with discount of 2.35% (which will not go below a floor rate of 2.50%) | 8.0% | £995 | 80% | More |
Rate (variable) | Reverting to SVR for the remainder of the term, currently | APRC - The overall cost for comparison is | Completion fee | Maximum loan to value | More details |
---|---|---|---|---|---|
5.29% | 8.24% Follows SVR with discount of 2.95% (which will not go below a floor rate of 2.50%) | 8.1% | £1,495 | 65% | More |
5.49% | 8.24% Follows SVR with discount of 2.75% (which will not go below a floor rate of 2.50%) | 8.1% | £995 | 65% | More |
5.64% | 8.24% Follows SVR with discount of 2.60% (which will not go below a floor rate of 2.50%) | 8.0% | Nil | 80% | More |
Rate (variable) | Reverting to SVR for the remainder of the term, currently | APRC - The overall cost for comparison is | Completion fee | Maximum loan to value | More details |
---|---|---|---|---|---|
6.34% | 8.24% Follows SVR with discount of 1.90% (which will not go below a floor rate of 2.50%) | 8.0% | Nil | 80% | More |
We offer self-build mortgages subject to satisfactory certification and insurance, and where the build is being undertaken by a registered builder or under the design and supervision of a suitably-qualified chartered architect or surveyor.
We will consider staged payment advances for self-build mortgages, subject to a maximum LTV of 80%, valuation at each stage and written confirmation from the local authority that the planning permission has been activated by the building work.
Staged payments are normally granted as follows:
However, we will consider different release stage combinations, at our discretion.
Extensive renovations and conversions, such as barn conversions, are also part of our offering, subject to similar checks and balances.
Rate (Variable) | Term | Reverting to | Maximum loan to value | Arrangement fee | More Details |
---|---|---|---|---|---|
6.44% Follows SVR of 8.24% with discount of 1.80% (which will not go below a floor rate of 2.50%) | 2 Years | Upon release of final stage you can switch to a fixed or discounted rate | 80% | 1% | More |
We are committed to offering mortgages to people both in, or going into, retirement, recognising that life demographics are steadily increasing demand in this area.
We can offer all of our deals to older people, up to a maximum age limit of 90 and subject to affordability. For Retirement Interest-only (RIO) mortgages, there is no age limit.
We can also look at solutions for lending on joint-applicant cases, without the need for the applicant with the lowest income to afford the loan at application stage.
Account | Term | Rate (Variable) | Reverting to SVR** for the remainder of the term, currently | APRC - The overall cost for comparison is | Maximum loan to value | Fees | Other features |
---|---|---|---|---|---|---|---|
Interest-only | 3 Years | 5.99% | 8.24% Follows SVR with discount of 2.25% (which will not go below a floor rate of 2.50%) | 8.0% | 70% | Nil | More |
Retirement Interest-only | 3 Years | 5.99% | 8.24% Follows SVR with discount of 2.25% (which will not go below a floor rate of 2.50%) | 8.1% | 60% | £495 | More |
Understanding that family structures are changing, we offer a range of options for those wishing to collaborate to purchase property, either to help the younger generation gain a footing on the housing ladder or support older relatives in buying a suitable home for their later years.
We accept traditional guarantors, assessing them for affordability in the same way as the borrowers themselves. We also offer joint borrower sole proprietor arrangements where you can have 2-4 applicants on the mortgage, but only the occupiers are named on the title deeds of the property. The non-occupier borrower must be able to individually afford at least 50% of the monthly payment at the affordability stress level. The primary borrower (occupier) needs to be able afford the remaining element.
Our Property Assist mortgage offers an opportunity for a parent or close family member to allow a secured charge on their home equal to 20 per cent of the purchase price, in order to obtain a 100 per cent mortgage for a first-time buyer.
More informationRate (variable) | Reverting to SVR for the remainder of the term, currently | APRC - The overall cost for comparison is | Completion fee | Maximum loan to value | More details |
---|---|---|---|---|---|
5.29% | 8.24% Follows SVR with discount of 2.95% (which will not go below a floor rate of 2.50%) | 8.1% | £995 | 80% | More |
6.14% | 8.24% Follows SVR with discount of 2.10% (which will not go below a floor rate of 2.50%) | 8.4% | £995 | 90% | More |
6.34% | 8.24% Follows SVR with discount of 1.90% (which will not go below a floor rate of 2.50%) | 8.4% | £995 | 95% | More |
Rate (variable) | Reverting to SVR for the remainder of the term, currently | APRC - The overall cost for comparison is | Completion fee | Maximum loan to value | More details |
---|---|---|---|---|---|
5.89% | 8.24% Follows SVR with discount of 2.35% (which will not go below a floor rate of 2.50%) | 8.0% | £995 | 80% | More |
Rate (variable) | Reverting to SVR for the remainder of the term, currently | APRC - The overall cost for comparison is | Completion fee | Maximum loan to value | More details |
---|---|---|---|---|---|
5.29% | 8.24% Follows SVR with discount of 2.95% (which will not go below a floor rate of 2.50%) | 8.1% | £1,495 | 65% | More |
5.49% | 8.24% Follows SVR with discount of 2.75% (which will not go below a floor rate of 2.50%) | 8.1% | £995 | 65% | More |
5.64% | 8.24% Follows SVR with discount of 2.60% (which will not go below a floor rate of 2.50%) | 8.0% | Nil | 80% | More |
Rate (variable) | Reverting to SVR for the remainder of the term, currently | APRC - The overall cost for comparison is | Completion fee | Maximum loan to value | More details |
---|---|---|---|---|---|
6.34% | 8.24% Follows SVR with discount of 1.90% (which will not go below a floor rate of 2.50%) | 8.0% | Nil | 80% | More |
We can consider a wide variety of properties that don’t conform to standard mortgage application criteria, such as homes with annexes, large acreages, or semi-commercial, mixed-use properties. Perhaps the property is of non-standard construction; a historic or grade 2 listed building, or simply one with a thatched roof. We can also look at potential conversions from architectural, industrial, religious, or even maritime structures, for example barns, warehouses, chapels, etc.
So, if you need a lender that is prepared to think outside the box, contact us to discuss your requirements and we’ll go the extra mile to help you.
We will consider income types from a variety of non-salaried sources for RIO applications, including net income from buy-to-let property, existing and projected pension payments, investments such as stocks and shares ISAs and guaranteed income from trusts.
The minimum eligible age for our RIO mortgages is 55, with a maximum of up to two borrowers and up to a maximum LTV of 60% (30% LTV if the property is located within a retirement complex), and with a minimum property value of £125,000.
Account | Term | Rate (Variable) | Reverting to SVR** for the remainder of the term, currently | APRC - The overall cost for comparison is | Maximum loan to value | Fees | Other features |
---|---|---|---|---|---|---|---|
Interest-only | 3 Years | 5.99% | 8.24% Follows SVR with discount of 2.25% (which will not go below a floor rate of 2.50%) | 8.0% | 70% | Nil | More |
Retirement Interest-only | 3 Years | 5.99% | 8.24% Follows SVR with discount of 2.25% (which will not go below a floor rate of 2.50%) | 8.1% | 60% | £495 | More |
We offer mortgages of up to 95% LTV for first-time buyers, including those taking advantage of the right-to-buy scheme in the East Riding of Yorkshire region, where we will lend up to 100 per cent of the discounted purchase price.
We will also consider family members as guarantors – assessing them for affordability in the same way as the borrowers themselves – as well as on a joint borrower, sole proprietor arrangements.
View our Fixed RatesRate (variable) | Reverting to SVR for the remainder of the term, currently | APRC - The overall cost for comparison is | Completion fee | Maximum loan to value | More details |
---|---|---|---|---|---|
5.29% | 8.24% Follows SVR with discount of 2.95% (which will not go below a floor rate of 2.50%) | 8.1% | £995 | 80% | More |
6.14% | 8.24% Follows SVR with discount of 2.10% (which will not go below a floor rate of 2.50%) | 8.4% | £995 | 90% | More |
6.34% | 8.24% Follows SVR with discount of 1.90% (which will not go below a floor rate of 2.50%) | 8.4% | £995 | 95% | More |
Rate (variable) | Reverting to SVR for the remainder of the term, currently | APRC - The overall cost for comparison is | Completion fee | Maximum loan to value | More details |
---|---|---|---|---|---|
5.89% | 8.24% Follows SVR with discount of 2.35% (which will not go below a floor rate of 2.50%) | 8.0% | £995 | 80% | More |
Rate (variable) | Term | Reverting to SVR** for the remainder of the term, currently | APRC - The overall cost for comparison is | Completion Fee | Maximum loan to value |
---|---|---|---|---|---|
5.89% | 3 Years | 8.24% Follows SVR with discount of 2.35% (which will not go below a floor rate of 2.50%) | 8.0% | £995 | 100% |
We offer interest-only mortgages up to a maximum LTV of 70%, subject to borrowers having the means to repay their mortgage at the end of the term.
Repayment vehicles we will accept include downsizing (for which the borrower will need a minimum £150,000 if this is sufficient to purchase another property locally), other property they intend to sell or savings or investments.
We ask borrowers to provide full documentary evidence of any capital and investments, and to sign a written declaration confirming how they intend to repay their mortgage.
Account | Term | Rate | Reverting to SVR** for the remainder of the term, currently | APRC - The overall cost for comparison is | Maximum loan to value | Fees | Other features |
---|---|---|---|---|---|---|---|
Interest-only | 2 Years | 5.29% Fixed | 8.24% | 8.1% | 70% | £995 Purchase & Remortgage | More |
Interest-only | 2 Years | 5.49% Variable | 8.24% Follows SVR with discount of 2.75% (which will not go below a floor rate of 2.50%) | 8.2% | 70% | Purchase £995. | More |
Interest-only | 2 Years | 5.84% Variable | 8.24% Follows SVR with discount of 2.40% (which will not go below a floor rate of 2.50%) | 8.1% | 70% | Remortgage Nil | More |
We will lend on semi-commercial, mixed-use properties which are a maximum of 60 per cent commercial and not in city-centre areas featuring predominantly commercial property.
Rate (variable) | Term | Reverting to SVR** for the remainder of the term, currently | APRC - The overall cost for comparison is | Fee | Maximum loan to value | More details |
---|---|---|---|---|---|---|
6.94% | 3 Years | 8.24% Follows SVR with discount of 1.30% (which will not go below a floor rate of 2.50%) | 8.3% | 1% | 75% (65% interest only) | More |
The property must have at least 40 per cent residential usage and be fully owner-occupied.
We offer an Offset Mortgage facility on all our repayment deals up to 80% LTV, for any of your clients wishing to reduce the amount of interest they pay over the term of their mortgage by offsetting any savings they have against their balance.
Our application process includes an option to open an Offset Savings Account so that they can save being charged interest, at their prevailing mortgage rate on the mortgage balance, potentially reducing their mortgage term.
As no interest is paid on their savings, there will be no tax liability on the balance of their deposit
Our Offset Savings Account is flexible, has a minimum balance of £1, and your clients can top up their savings when they wish, up to a maximum 75% of their mortgage amount and up to a £400,000 limit. They can also make unlimited withdrawals without penalty or notice.
More informationWe offer fixed-rate mortgages, periodically, for your clients who want the certainty of knowing what their monthly mortgage payments will be.
Account | Term | Rate | Fixed for two years from completion, then reverting to our SVR** for the remaining term, currently | APRC - The overall cost for comparison is | Maximum loan to value (Variable) | Completion fee | Other features |
---|---|---|---|---|---|---|---|
Two year fixed Rate | 2 Years | 5.49% | 7.54% | 7.5% | 80% | £995 | More |
We consider mortgages for gig economy workers, including NHS and medical professionals, professional people on zero-hours contracts, Construction Industry Scheme (CIS) members, agency IT consultancy and nursing bank workers, those on fixed, temporary and short-term contracts, self-employed contractors and individuals working for umbrella companies.
We typically ask for a 12-month track record of employment/experience in a related field, with a maximum LTV of 80%.
We don’t credit score and instead underwrite applications on a case-by-case basis, considering each one on its merits.
More detailsWe offer a Buy-to-Let product with a maximum loan size of 70% LTV. It is available to both new and existing landlords up to a total of three buy-to-let properties per client, and a minimum application income of £20,000 per annum.
We offer a rental calculation of 130% for basic and high-rate taxpayers at the higher figure of 2% above payrate, or at 5.5%. We also accept Buy-to-Let mortgages for Ex-Pats, who have a minimum application income of £40,000 per annum. The full list of acceptable countries is: -
Please view our Buy-to-Let Terms & Conditions here
Name | Term | Rate (variable) | Reverting to SVR for the remainder of the term, currently | APRC - The overall cost for comparison is | Completion fee | Maximum loan to value | More details |
---|---|---|---|---|---|---|---|
Buy-to-Let Discount | 2 Years | 5.84% | 8.24% Follows SVR with discount of 2.40% (which will not go below a floor rate of 2.5%) | 8.2% | £995 | 70% | More |
Buy-to-let Fixed | 2 Years | 5.94% Fixed | 8.24% Variable | 8.2% | £995 | 70% | More |
Ex Pat Buy-to-Let Discount | 2 Years | 5.94% | 8.24% Follows SVR with discount of 2.30% (which will not go below a floor rate of 2.5%) | 8.2% | £995 | 70% | More |
Ex Pat Buy-to-Let Fixed | 2 Years | 6.04% Fixed | 8.24% Variable | 8.2% | £995 | 70% | More |