. Discount Mortgage Products YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. Code & Current Interest Fee-Paid Re-Mortgage 2.45% Discount 3 Years / FP27 2.54% 2.00% Discount 3 Years / RM16 2.99% 1.7% Discount 3 Years / RM17 3.29% 1.0% Discount 3 Years / RM18 3.99% 4.3% 4.4% 4.5% 4.8% Max 1,000,000 995 on completion (non-refundable) 3% of the full or partial capital repaid within 3 80% 85% Re-mortgage Only. Valuation fee, up to 250, refunded at completion. See Note 1 (over) 2.45% Discount 3 Years / DS35 2.54% 4.3% Max 1,000,000 Discount 2.0% Discount 3 Years / DM16 2.99% 1.7% Discount 3 Years / DM17 3.29% 2.60% Discount 2 Years / DS36 2.39% 4.5% 4.6% 4.5% Max 750,000 1,495 on completion 3% of the full or partial capital repaid within 2 80% 85% 50% 1.00% Discount 3 Years / DM18 3.99% 4.8% 995 on completion 3% of the full or partial capital repaid within 3 Please read Representative Example & Important Notes over
A mortgage of 245,000 payable over 19 years initially on a discount of 1.7% for 3 years from our Standard Variable (SVR) which is currently 4.99%, giving a pay rate of 3.29% (variable) and then on our SVR of 4.99% for the remaining 16 years would require: 36 monthly payments of 1,446.61 and 192 monthly payments of 1,633.35. The total amount payable would be 366,250.16 made up of the loan amount plus interest ( 119,686.16) and the following fees: 995 which can be added to the loan, Electronic Transfer Fee of 30, Valuation Fee of 390 (variable fee) and a Deeds Release Fee of 149. The overall cost for comparison is 4.6% representative. Important Notes a. SVR this is the Holmesdale Building Society s Standard Variable, currently 4.99% equivalent to 5.2% (Annual Percentage of Charge). b. CCJs/Arrears may be considered, subject to certain criteria being met please refer for individual assessment. c. References to be taken up on all applications. d. Total loan amount is based on affordability and income multiples. e. The Society must have first charge over mortgaged property. f. Minimum age 18 years. 1. Re-mortgage only: legal fee paid when applicant uses Society s Conveyancer, Enact Conveyancing Ltd. 2. At least one of the purchasers must be a genuine First-Time Buyer. Unless otherwise stated, Procuration Fee of 0.35% is payable up to a maximum of 2,500.00, and is repayable to the Society if full or partial redemption is made within 12 months of mortgage completion. Products RM16, RM17, RM18, DM16, DM17, DM18: procuration fee of 0.35% payable up to a maximum of 900.00 and repayable to the Society if full or partial redemption is made within 12 months of mortgage completion. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority our Firm Reference Number is 206037. Dec 2017
Shared Ownership Mortgage Products YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. Current Interest Discount 1.50% Discount 2 Years / SO01 3.49% 4.9% 750 on completion 3% of the full or partial capital repaid within 2 A mortgage of 100,000 payable over 25 years initially on a discount of 1.50% for 2 years from our Standard Variable (SVR) which is currently 4.99% (variable), giving a pay rate of 3.49% (variable) and then on our SVR of 4.99% for the remaining 23 years would require 24 monthly payments of 500.09 and 276 monthly payments of 578.16. The total amount payable would be 172,023.32 made up of the loan amount plus interest ( 70,824.32) and the following fees: Product fee of 750 which can be added to the loan, Electronic Transfer Fee of 30, Valuation Fee of 270 (variable fee) and a Deeds Release Fee of 149. The overall cost for comparison is 4.9% representative. Fixed Current Interest 3.50% Fixed 1 Year / SO02 3.50%d 5.0% 750 on completion 3% of the full or partial capital repaid within 1 year of inception of loan A mortgage of 100,000 payable over 25 years initially on a fixed rate of 3.50% for 1 year and then on our Standard Variable (SVR) which is currently 4.99% (variable), for the remaining 24 years would require 12 monthly payments of 500.62 and 288 monthly payments of 581.13. The total amount payable would be 173,821.88 made up of the loan amount plus interest ( 72,622.88) and the following fees: Product fee of 750 which can be added to the loan, Electronic Transfer Fee of 30, Valuation Fee of 270 (variable fee) and a Deeds Release Fee of 149. The overall cost for comparison is 5.0% representative. Please read Important Notes over
Important Notes g. SVR this is the Holmesdale Building Society s Standard Variable, currently 4.99% equivalent to 5.2% (Annual Percentage of Charge). h. CCJs/Arrears may be considered, subject to certain criteria being met please refer for individual assessment. i. References to be taken up on all applications. j. Total loan amount is based on affordability and income multiples. k. The Society must have first charge over mortgaged property. l. Minimum age 18 years. 3. Re-mortgage only: legal fee paid when applicant uses Society s Conveyancer, Enact Conveyancing Ltd. 4. At least one of the purchasers must be a genuine First-Time Buyer. Unless otherwise stated, Procuration Fee of 0.35% is payable up to a maximum of 2,500.00, and is repayable to the Society if full or partial redemption is made within 12 months of mortgage completion. Products SO01, SO02: procuration fee of 0.35% payable up to a maximum of 900.00 and repayable to the Society if full or partial redemption is made within 12 months of mortgage completion. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority our Firm Reference Number is 206037. Dec 2017
Standard Variable Mortgage Products YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. Current Interest Standard Variable SVR / MS09 4.99% 5.2% Max 1,000,000 495 on application (non-refundable). None Shared Ownership Interest rate as per product chosen. Choose from SVR and Discounted Products above product s terms apply. Maximum Loan to Value of share. The minimum share to be purchased initially is 25% with a stair-case clause. In the case of a re-mortgage, if there is an element of debt consolidation, the Housing Association is required to forward a letter agreeing to the postponement of its charge. A mortgage of 250,000 payable over 18 years on our Standard Variable (SVR) which is currently 4.99% (variable) would require 216 monthly payments of 1,756.24. The total amount payable would be 380,411.84 made up of the loan amount plus interest ( 130,411.84) and the following fees: 495 Electronic Transfer Fee of 30, Valuation Fee of 390 (variable fee) and a Deeds Release Fee of 149. The overall cost for comparison is 5.2% representative. Important Notes m. SVR this is the Holmesdale Building Society s Standard Variable, currently 4.99% equivalent to 5.2% (Annual Percentage of Charge). n. CCJs/Arrears may be considered, subject to certain criteria being met please refer for individual assessment. o. References to be taken up on all applications. p. Total loan amount is based on affordability and income multiples. q. The Society must have first charge over mortgaged property. r. Minimum age 18 years. Unless otherwise stated, Procuration Fee of 0.35% is payable up to a maximum of 2,500.00, and is repayable to the Society if full or partial redemption is made within 12 months of mortgage completion. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority our Firm Reference Number is 206037. Dec 2017
Fixed Mortgage Products YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. Current Interest Fixed 2.79% Fixed 1 Year / FH06 2.79% Fixed 1 Year / FF06 4.9% 4.9% Max 250,000 Max 250,000 795 on application (non-refundable) 999 on application (non-refundable) 2% of the full or partial capital repaid within 1 year of inception of loan 2% of the full or partial capital repaid within 1 year of inception of loan Re-mortgage Only. See Note 1. A mortgage of 225.000 payable over 15 years initially on a fixed rate of 2.79% for 1 year and then on our Standard Variable (SVR) which is currently 4.99% for the remaining 14 years would require 12 monthly payments of 1,531.19 followed by 168 monthly payments of 1,762.31. The total amount payable would be 315,806.36 made up of the loan amount plus interest ( 89,442.36) and the following fees: 795, Electronic Transfer Fee of 30, Valuation Fee of 390 (variable fee) and a Deeds Release Fee of 149. The overall cost for comparison is 4.9% representative. Important Notes s. SVR this is the Holmesdale Building Society s Standard Variable, currently 4.99% equivalent to 5.2% (Annual Percentage of Charge). t. CCJs/Arrears may be considered, subject to certain criteria being met please refer for individual assessment. u. References to be taken up on all applications. v. Total loan amount is based on affordability and income multiples. w. The Society must have first charge over mortgaged property. x. Minimum age 18 years. 5. Legal fee paid when applicant uses Society s Conveyancer, Enact Conveyancing Ltd. Products FH05 & FF05: procuration fee of 0.35% is payable up to a maximum of 900.00 and repayable to the Society if full or partial redemption is made within 12 months of mortgage completion. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority our Firm Reference Number is 206037. Dec 2017