Products rates & fees

House Purchase Range - To 90% LTV

These deals are only available on a repayment basis

 

• These deals are available for house purchase (including 2nd/holiday homes) and product switches only
• For house purchases where the total LTV is over 75% all borrowing must be on repayment. Maximum LTV on interest only loans is limited to 75%
• Maximum LTV of up to 80% for new-build properties (defined as any property that was first occupied less than six months ago)
• The drawdown date for loans is 30 September 2010 
• At the end of the fixed-rate period the interest rate charged will switch to the Standard Variable Mortgage Rate, currently 2.50%

For further details please view our lending policy

 

For loans between £5k and £500,000, to 90% LTV

Product	Product code	Initial Rate	Product fee added to loan	Early Repayment Charges
2-Year Fixed until 31/05/12	I/O = EB80 REP = EB81	6.99%	£995	Before 01/06/11 = 3% 01/06/11 - 31/05/12 = 2%	Calculate

 

For loans between £5k and £500,000, to 90% LTV

Product	Product code	Initial Rate	Product fee added to loan	Early Repayment Charges
5-Year Fixed until 31/05/15	I/O = EB94 REP = EB95	7.19%	£995	Before 01/06/11 = 5% 01/06/11 - 31/05/12 = 5% 01/06/12 - 31/05/13 = 4% 01/06/13 - 31/05/14 = 3% 01/06/14 - 31/05/15 = 2%	Calculate

 

For loans between £5k and £500,000 to 90% LTV

Product	Product code	Initial Rate	Product fee added to loan	Early Repayment Charges
2-Year Tracker until 31/05/12	I/O = EC00 REP = EC01	5.99% (+5.49)	£995	Before 01/06/11 = 3% 01/06/11 - 31/05/12 = 2%	Calculate

 

For loans between £5k and £500,000, to 90% LTV

Product	Product code	Initial Rate	Product fee added to loan	Early Repayment Charges
3-Year Stepped Tracker until 31/05/13	I/O = EC02 REP = EC03	Step 1 until 31/05/12 5.39% (+4.89)   Step 2 until 31/05/13 2.50% (+2.00)	£995	Before 01/06/11 = 3% 01/06/11 - 31/05/12 = 2%	Calculate

Other features of this product:

 

• Initial rate of tracker products guaranteed to move in line with the Bank of England interest rate

• Valuation fee payable

• Transfer of funds fee: £35 always added to the loan and non-refundable. No Transfer of funds fee on product switches
• Application fee: £99 payable up-front only and non-refundable*
• Interest calculated daily
• No Higher Lending Charges
• These products are only available for repayment loans, except for existing C&G mortgage customers switching to a new product who, if they currently have more than 75% LTV on interest only, can continue borrowing up to the same amount on interest only if they want to.

*Application fee payable if your client is a new or existing C&G or Lloyds TSB mortgage customer purchasing a property, taking out additional borrowing or moving their mortgage from another lender. Not payable if your client is an existing C&G or Lloyds TSB mortgage customer switching to a new deal. One time payment valid for 12 months.