Next Step Mortgages

Time to move on? Perhaps you need more room or a bit more outside space. Maybe the family’s getting larger or you’re changing location. Whatever your reason, it’s a great feeling when you can take that next step up the property ladder!

We aim to help make it as easy as possible. Your deposit on the new place can be as little as 5% and we’ve kept the arrangement fee as low as possible to give you a little extra cash for those home improvements you’re sure to need. One more thing – there’s no charge if you want to repay your mortgage early which is a comforting thought for the future.

  • Mortgages designed for people who already own a home
  • Just 5% deposit required so you borrow up to 95% of the value of your new home
  • Low arrangement fee
  • No early repayment charges
  • Expert help from our friendly Mortgage Advisers

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

Our next-step mortgages

Next Step Variable Rate Mortgage

  • Initial rate4.39% Variable
  • then changing to our SVR, currently5.39%
  • The overall cost for comparison is5.2% APRC
  • Product periodfive years
  • Deposit required5%
  • Arrangement fee£995
View this mortgage ViewRepresentative Example

A mortgage of £271,025 payable over 35 years, initially on a Discount rate for 5 Years at 4.39% and then on our current Standard Variable Rate Mortgage of 5.39% (variable) for the remaining 30 years, would require 60 monthly payments of £1,264.24 and 360 monthly payments of £1,417.94.

The total amount payable would be £587,027.47 made up of the loan amount plus interest (£316,032.47), an application fee of £135 and a redemption fee of £130.

The overall cost for comparison is 5.2% APRC representative.

Next Step Variable Rate Mortgage

  • Initial rate5.39% Variable
  • then changing to our SVR, currently5.39%
  • The overall cost for comparison is5.6% APRC
  • Product periodLife of loan
  • Deposit required5%
  • Arrangement fee£495
View this mortgage ViewRepresentative Example

A mortgage of £270,525 payable over 35 years on our current Standard Variable Rate Mortgage of 5.39% (variable) would require 420 monthly payments of £1,433.32.

The total amount payable would be £602,738.79 made up of the loan amount plus interest (£332,243.79), an application fee of £135 and a redemption fee of £130.

The overall cost for comparison is 5.6% APRC representative.

Talk to us today

To arrange an appointment with one of our Mortgage Advisers call us free on:0800 072 1100or complete the form below:





Thank you for your enquiry.

A Mortgage Adviser will be in contact with you within 3 working days.