Mortgages from the Melton Updated 22 May 2015

Transcription

1 Mortgages from the Melton Updated 22 May 2015

2 MORTGAGES FROM THE MELTON Buying your first home, moving up the property ladder or building your dream home, we have a mortgage for you. This brochure gives a brief overview of products that may be suitable for you. FIRST TIME BUYERS AND LOW DEPOSIT MORTGAGES Please contact one of our friendly mortgage advisors who will be able to give you all the information you need to make an informed decision, Call FIXED RATES 4.99% Fixed Rate to 30 June % 4.99% fixed 30/6/ % 5.2% APR 30/6/ % Fixed Rate to 95% 5.25% fixed 4.99% 5.2% APR Assisted legals on standard purchase 4.39% Fixed Rate to 90% 4.39% fixed 4.99% 4.9% APR Assisted legals on standard purchase 3.89% Fixed Rate to DISCOUNTED 85% 3.89% fixed 4.99% 4.7% APR Rate 3.69% 95% 3.69% variable (our SVR with a 1.30% discount) % 4.8% APR No fees Option to switch to fixed rate at anytime Assisted legals on standard purchase Rate 3.39% Rate 3.09% 90% 85% SHARED OWNERSHIP Rate 4.49% 3.39% variable (our SVR with a 1.60% discount) 3.09% variable (our SVR with a 1.90% discount) % 4.8% APR % 4.7% APR 95% 4.49% % 5.1% APR s and conditions apply. Option to switch to fixed rate at anytime

3 HIGHER DEPOSIT MORTGAGES FIXED RATES 2.49% Fixed to 30 September % fixed Fixed to 30/9/ % 4.5% APR 30/9/ % Fixed Rate to 3.55% fixed 30/9/ % 4.6% APR Completion fee 999 No application fee 3.69% Fixed Rate to 3.69% fixed 30/9/ % 4.6% APR DISCOUNTED Discounted Rate for 3.59% 60% 3.59% variable (our SVR with a 1.40% discount for term) 3.8% APR Completion fee 599 Interest only and capital and interest repayment basis Rate 1.50% 65% 1.50% variable (our SVR with a 3.49% discount) % 4.0% APR No application fee No completion fee Option to switch to a fixed rate product Assisted legals on standard purchase Rate 2.39% 2.39% variable (our SVR with a 2.60% discount) % 4.4% APR No application fee No completion fee Option to switch to a fixed rate product Offset Discounted Rate for 2.89% 2.89% variable (our SVR with a 2.10% discount for term) 3.0% APR Completion fee 599 within first 12 months Save up to 100% of mortgage balance SVR for 4.99% variable (our SVR for term) 5.5% APR 3.25% of balance within first 12 months s and conditions apply.

4 FURTHER ADVANCES SVR for term 4.99% SVR % 5.99% Discounted Rate for 2.89% 3 Year Discount Rate 2.79% 2.99% Fixed Rate to 30 June % variable (our SVR with a 2.1% discount) 2.79% variable (our SVR with a 2.20% discount) 2.99% Fixed Applicable 5.2% APR 6.3% APR 3.0% APR % 4.3% APR Fixed to 30/6/2017 Completion fee to the further advance : 1,000-25, ,001-50, ,001 or more % 4.5% APR SELF BUILD & RENOVATION MORTGAGES Advance Self Build & Renovation Standard Self Build & Renovation Eco Self Build Oakwrights Self Build 4.89% variable (our SVR with a 0.10% discount) 4.89% variable (our SVR with a 0.10% discount) 4.39% variable (our SVR with a 0.60% discount) 3.99% variable (our SVR with a 1.0% discount) % 5.2% APR % 5.3% APR % 5.1% APR % 5.0% Stage payments in advance Funds released after each stage Funds released after each stage Only available to customers purchasing a timber framed property from Oakwrights Stage payments in advance s and conditions apply.

5 BUY TO LET MORTGAGES Buy to Let, 3 Year Discounted Rate 2.79% 60% 2.79% variable (our SVR with a 2.20% discount) % 4.5% APR Buy to Let, Discounted Rate for 3.49% 3.49% variable (our SVR with a 1.50% discount) n/a 3.7% APR Holiday Buy to Let, Discounted Rate for 3.35% 60% 3.35% variable (our SVR with a 1.64% discount) n/a 3.5% APR Completion fee 599 Family Buy to Let, Discounted Rate for variable (our SVR with a 1.24% discount) n/a 3.9% APR IF YOU FAIL TO KEEP UP WITH PAYMENTS ON YOUR MORTGAGE A RECEIVER OF RENT MAY BE APPOINTED AND YOUR RENTAL PROPERTY, OR OTHER PROPERTY USED AS SECURITY, MAY BE REPOSSESSED s and conditions apply.

6 Principal Office Mutual House, Leicester Road, Melton Mowbray, Leicestershire, LE13 0DB. Tel: Fax: Branch Offices 18 tingham Street, Melton Mowbray, Leicestershire, LE13 1NW. Tel: Fax: High Street, Grantham, Lincs, NG31 6NE. Tel: Fax: High Street, Oakham, Rutland, LE15 6AH. Tel: Fax: The Melton Mowbray Building Society is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. 22 May 2015 MMBSS20715