Renovation Mortgages

The Society’s Renovation mortgages are only available where the renovation project is being undertaken in Wales or the Welsh Borders (postcodes SY, WR, GL, HR & BS).

Residential Purchase/Remortgage Type Maximum Loan to Value
of Property (LTV)
Variable
Interest
Rate
The overall cost for comparison is* APRC based on a loan value of:
Renovation Mortgage
(REN2SVR)
Standard Variable Rate (SVR) formonths 1-24 and from month 25, 1.05% discount off Standard variable Rate(SVR) for remainder of term of loan 70% 4.60% 
month 1-24
3.55%
month 25 on
4.70% 
month 1-24
3.0%
month 25 on
Overall APRC = 3.70% 
£155,000

Please note the items required for all applications are as follows (supporting documentation needs to be certified by the introducer):

 

Please contact your local mortgage manager today for more information.

Alternatively, please complete the call me back page and one of our mortgage managers will contact you.