| Feature / Benefit | Summary | Details |
|---|
| Available in Branch Only |  | no | not just available in branch. | |
| Permanent UK Resident |  | yes | This product is only available to individuals who are permanent UK residents. | |
| Existing Customers Only |  | no | This mortgage is not just available to existing customers | |
| Existing Borrowers Only |  | no | This mortgage is not just available to existing borrowers. | |
| Remortgage Only |  | no | This is not just available for remortgages. | |
| First Time Buyers Only |  | no | This mortgage is not just available to first time buyers. | |
| Available Via a Broker Only |  | no | Available direct. | |
| Minimum Deposit |  | 40% | 40% | |
| Available Direct |  | yes | This product is available direct from the provider. | |
| Initial Rate APR |  | 4.29% | 4.29% |  |
| Initial Rate End Date |  | 31 May 2012 | 31 Oct 2011 |  |
| Final Rate |  | 2.5% | The standard variable rate is 2.50% |  |
| Mortgage APR |  | 2.8% | 2.9% |  |
| Fixed Rate End Date |  | 31 May 2012 | Fixed interest rate until 31/05/2012 |  |
| Fixed Rate Term |  | 24 months | 24 months. |  |
| Frequency of Interest Calculations |  | daily | Interest is calculated daily | |
| Tie-in Period After Rate |  | 0 years | No tie-in period. | |
| Mortgage Type |  | Fixed Rate | Fixed Rate | |
| Repayment Mortgage |  | yes | Yes | |
| Interest Only Mortgage |  | no | No | |
| Endowment Mortgage |  | yes | Yes | |
| Maximum LTV |  | 60% | The maximum loan to value is 60%. |  |
| Maximum Loan |  | £1,000,000 | The maximum loan is £1000000 |  |
| House Purchase Max LTV |  | 60% | The maximum loan to value for house purchase is 60% LTV 60% to £1,000,000 |  |
| Remortgage |  | no | This product is not available for remortgages. | |
| First Time Buyers |  | yes | This product is available to first time buyers. | |
| First Time Buyer Max LTV |  | 60% | The maximum loan to value for first time buyers is 60% LTV 60% to £1,000,000 |  |
| Existing Borrowers Moving Home |  | yes | This product is available to existing borrowers moving home. | |
| Existing Borrowers Not Moving Home |  | yes | This product is available to existing borrowers not moving home. | |
| Homemover |  | yes | This product is available to homemovers. | |
| Shared Ownership |  | no | This product is not available for shared ownership. | |
| Shared Equity |  | no | This product is not available for shared Equity. | |
| Maximum Term |  | 35 years | Maximum term 35 years. | |
| Minimum Term |  | 2 years | Minimum term 2 years. | |
| Legal Fees Contribution |  | no | No legal fees incentive offered. | |
| No Higher Lending Charge |  | yes | No higher lending charge payable. | |
| Portable Mortgage |  | yes | Can be transferred to another property if borrower moves house during product term. | |
| Flexible Payments |  | yes | Flexible options available. | |
| Overpayments Available |  | restricted | Up to 10% of the outstanding balance can be repaid each year without penalty. | |
| Payment Holiday |  | yes | Payment holidays allowed. | |
| Application Fee £ |  | varies | £395 product fee payable. £99 up-front application fee payable. | |
| Application Fee Added to Loan |  | yes | The product fee can be added to the loan. The application fee must be paid up front. | |
| Early Repayment Charge |  | yes | There is an early redemption charge payable. | |
| Early Repayment Charge Amount |  | 3/2% | ERC - 3% of the amount repaid until 31/05/2011 and then 2% until 31/05/2012. | |