Variable rate mortgages

Start your mortgage with
low repayments

Your home may be repossessed if you do not
keep up repayments on your mortgage

MortgageInitial interest rateFollow on rateOverall cost for comparisonMax loanOther information
2 Year Purchase Tracker Rate
6.84% variable
until 31/01/2011
tracks BoE Base Rate +1.84%		7.19% variable7.6% APR75% property value
  • Overpay 10% per year without incurring an early repayment charge
  • From 3 months after completion until the end of our tracker period, you can switch to a fixed rate and pay no early repayment charge - just the product fee
  • £999 product fee
  • Minimum loan £25,000
  • Early repayment charge of 3% applies until 31/01/2011
  • Only available for new and existing customers purchasing a property

2 Year Remortgage Tracker Rate
6.94% variable
until 31/01/2011
tracks BoE Base Rate +1.94%		7.19% variable7.5% APR75% property value
  • Remortgage package included - we'll pay all our standard legal and valuation costs for you
  • Overpay 10% per year without incurring an early repayment charge
  • From 3 months after completion until the end of our tracker period, you can switch to a fixed rate and pay no early repayment charge - just the product fee
  • £999 product fee
  • Minimum loan £25,000
  • Early repayment charge of 3% applies until 31/01/2011
  • Only available for new remortgage customers, existing customers should call us for details of our exclusive rates

Flexible Choice
6.44% variable
N/A6.9% APR75% property value
  • Borrow from £25,000
  • Product fee £1799
  • Only available for new and existing customers purchasing a property


Choose a variable rate tracker mortgage, and your interest rate will be set just above the Bank of England Base Rate for the agreed period. If the Bank of England Base Rate rises, your monthly repayments will increase too - leaving you with less money each month.

However, if the Bank of England Base Rate goes down, so will your monthly repayments. And that means you could enjoy having spare funds.

Higher Lending Charge

A Higher Lending Charge will apply to all loans above 90%.

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