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).
Mortgage Interest Rates (click on the mortgage product name for more information)
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.