Contractor mortgages

If you are not an existing mortgage customer, our products are available through a broker only.

Contractor Three Year Discount Mortgage

  • Initial rate2.39% Variable
  • then changing to our SVR minus 1.00%4.39%
  • The overall cost for comparison is4.2% APRC
  • Product periodthree years
  • Deposit required40%
  • Arrangement fee£499
View this mortgage ViewRepresentative Example

A mortgage of £236,248 payable over 21 years 11 months, initially on a Discounted rate for 3 years at 2.64% and then a 1.00% discount off our current Standard Variable Rate Mortgage of 5.39% to give a current rate payable of 4.64% (variable) for the remaining 22 years, would require 36 monthly payments of £1,076.58 and 264 monthly payments of £1,303.51.

The total amount payable would be £382,928.83 made up of the loan amount plus interest (£146,715.51), an application fee of £180 and a redemption fee of £80.

The overall cost for comparison is 4.2% APRC representative.

Contractor Three Year Discount Mortgage

  • Initial rate2.69% Variable
  • then changing to our SVR minus 1.00%4.39%
  • The overall cost for comparison is4.3% APRC
  • Product periodthree years
  • Deposit required20%
  • Arrangement fee£499
View this mortgage ViewRepresentative Example

A mortgage of £236,248 payable over 20 years 11 months, initially on a Discounted rate for 3 years at 2.94% and then a 1.00% discount off our current Standard Variable Rate Mortgage of 5.39% to give a current rate payable of 4.64% (variable) for the remaining 22 years, would require 36 monthly payments of £1,112.96 and 264 monthly payments of £1,308.11.

The total amount payable would be £385,452.94 made up of the loan amount plus interest (£149,239.62), an application fee of £180 and a redemption fee of £80.

The overall cost for comparison is 4.3% APRC representative.

Contractor Two Year Fixed Rate Mortgage

  • Initial rate2.87% Fixed
  • then changing to our SVR minus 1.00%4.39%
  • The overall cost for comparison is4.4% APRC
  • Product periodFixed until 31/08/2022
  • Deposit required20%
  • Arrangement fee£999
View this mortgage ViewRepresentative Example

A mortgage of £236,748 payable over 25 years 0 months, initially on a Fixed rate for 2 years 0 months at 2.87% and then a 1.00% discount off our current Standard Variable Rate Mortgage of 5.39% to give a current rate payable of 4.64% (variable) for the remaining 23 years 0 months, would require 24 monthly payments of £1,106.74 and 276 monthly payments of £1,314.03.

The total amount payable would be £380,250.30 made up of the loan amount plus interest (£143,536.98), an application fee of £180 and a redemption fee of £80.

The overall cost for comparison is 4.4% APRC representative.

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