The Society’s combined mortgage and unsecured personal loan gives first time buyers and movers the ability to not only purchase their house, but also the capacity to cover additional associated costs.
The new market leading product has the following features:
- Interest rate fixed to 31 08 2007
- 5.99% - up to 105% LTV (95% mortgage + up to 10% UPL)
- 6.09% - 106% to 115% (95% mortgage + up to 20% UPL)
- 6.29% - 116% to 125% (95% mortgage + up to 30% UPL)
- Max LTV for mortgage: 95%; Max LTV for unsecured loan: 30% or £25,000 (whichever is lowest)
Incentives include:
Early redemption charges: