Standard Variable Mortgage Rate - '(with effect from 1st October 2011)'

If you are looking for a mortgage without any tie in and you are looking to borrow 65% or less of your property value, this could be the product to choose.

Features & Benefits

• 2.75% Standard Variable rate
• Overall cost for comparison 2.8% APR
• No arrangement fee
• Free standard mortgage valuation up to £250
• No completion fee
• Maximum lending up to 65 % Loan to Value
• In the event of the mortgage being repaid in full within the first 12 months an early repayment charge of £500 is applied
• Each year you have the option of making an overpayment, up to 10% of your outstanding mortgage balance (min £1000). An administration fee of £25 will be charged per partial repayment.
• Minimum Loan £50,000
• This offer is not available to existing mortgage customers

APR – stands for Annual percentage rate, and this is calculated not only from the interest rate quoted for the loan, but also includes any charges, product fees and overall term of repayment.

The APR is calculated in the same way by all mortgage lenders and this allows you to compare the costs of different mortgages from different providers.

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.