Products rates & fees

Large Loan Fixed-Rate Mortgages

These deals are only available on a repayment basis

 

• These deals are available for residential remortgages, house purchases, product switches and further borrowing (where the total borrowing is for £500,001 or more).
• Maximum LTV of up to 80% for all homeowner loans and remortgages with additional borrowing
• For loans between £500,001 and £2 million the maximum LTV will be 80%.
• For loans between £2 million and £5 million the maximum LTV will be 70%.
• Each case will be individually assessed by C&G underwriters. However for cases which fall outside of these criteria we will assess and negotiate on an individual basis.
• Before proceeding with large loan applications, please contact your BDM for details of current lending policy.
• The drawdown date for loans is 31 December 2010
• At the end of the initial product period the interest rate charged will switch to the Homeowner Variable Rate, currently 3.99%

For further details please view our lending policy

 

 

Repayment loans between £500,001 and £2,000,000, to 60% LTV

Product	Product code	Initial Rate	Product fee added to loan	Early Repayment Charges
5-Year Fixed until 30/09/15	House Purchase Repayment: EW09   Remortgage Repayment: EW17	5.99%	0.25% of the loan	Before 01/10/11 = 5% 01/10/11 - 30/09/12 = 5% 01/10/12 - 30/09/13 = 4% 01/10/13 - 30/09/14 = 3% 01/10/14 - 30/09/15 = 2%	Calculate

 

Repayment loans between £500,001 and £2,000,000, to 80% LTV

Product	Product code	Initial Rate	Product fee added to loan	Early Repayment Charges
5-Year Fixed until 30/09/15	House Purchase Repayment: EW11   Remortgage Repayment: EW19	6.99%	0.25% of the loan	Before 01/10/11 = 5% 01/10/11 - 30/09/12 = 5% 01/10/12 - 30/09/13 = 4% 01/10/13 - 30/09/14 = 3% 01/10/14 - 30/09/15 = 2%	Calculate

Other features of this product:

 

• Free legal work on standard remortgages of £5,000 - £999,999

  Provided that the work is carried out by a firm of solicitors authorised to do free legal work for C&G. For non-standard remortgages a fixed-price service for the most common extra legal work required is also available.  Exclusions apply

• 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

*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.