2 Year Fixed Rate Mortgage - '(with effect from 1st October 2011)'

Do you prefer a mortgage where your payments will not change for the next two years?
Yes….. then this product could be for you.

Features & Benefits

• 4.29% fixed until 31.03.2014 changing to our Home Mortgage rate for the rest of the mortgage term which is currently 3.75%. The overall cost for comparison is 3.9% APR
• No arrangement fee
• Free standard valuation up to £250 (this is only available to new customers)
• First Time Buyers Only - applications for loans in excess of 75% Loan to Value may be considered
• For house purchases or re-mortgages up to £250,000 the maximum loan is 75% of the value of the property. Minimum deposit 25%.
• In the event of the mortgage being repaid in full during the fixed rate period, an early repayment charge of 2% of the initial loan amount applies
• For lending between £250,000 and £500,000 the minimum deposit is 30%
• Minimum loan £50,000
• Limited funds available - apply now!
• After 31.03.2014, you have the option of making an overpayment each year, up to 10% of the outstanding balance ( minimum £1,000). An administration fee of £25 will be charged per partial payment.

Additional features of all Reliance Bank Mortgages

• Interest is calculated daily
• No higher lending charge
• Don’t have to bank with Reliance Bank to apply
• Personal service and management through to completion

Try our mortgage calculator to give you an idea of your monthly repayments

Try Our Loan Calculator

For additional information click [here]

Interested?.... call us on 020 7398 5440 or alternatively print all of the documents listed below.

Reliance Bank reserves the right to withdraw products or amend rates accordingly at any time. Our website is updated and monitored on a daily basis.