Fixed rate
We offer a range of two-year fixed-rate mortgages, suitable for re-mortgaging, new purchases and first-time buyers.
Two-year fixed-rate mortgage
With our twoyear fixedrate mortgage, the interest rate you pay on your mortgage is fixed until April 2018.
- Maximum loan to value 90% (See table below).
- Low initial rates followed by our Standard Variable Rate (SVR).
- Portable
- Standard valuation fee paid by Growth Greater Bank (max £450).
- Early repayment charge of 2% applies during the fixed rate period.
- Overpayments permitted at any time without penalty.
| Loan to value | Initial rate to April 2018 | Thereafter SVR, currently | Overall cost for comparison (APRC) |
|---|---|---|---|
| up to 90% | 2.92% | 4.50% | 4.3% |
Three-year fixed-rate mortgage
With our threeyear fixedrate mortgage, the interest rate you pay on your mortgage is fixed until April 2019.
- Maximum loan to value 90% (See table below).
- Low initial rates followed by our Standard Variable Rate (SVR).
- Portable
- Standard valuation fee paid by Growth Greater Bank (max £450).
- Early repayment charge of 2% applies during the fixed rate period.
- Overpayments permitted at any time without penalty.
| Loan to value | Initial rate to April 2019 | Thereafter SVR, currently | Overall cost for comparison (APRC) |
|---|---|---|---|
| up to 85% | 3.03% | 4.50% | 4.2% |
| 86% - 90% | 3.43% | 4.50% | 4.4% |
Five-year fixed-rate mortgage
With our fiveyear fixedrate mortgage, the interest rate you pay on your mortgage is fixed until April 2021.
- Maximum loan to value 90% (See table below).
- Low initial rates followed by our Standard Variable Rate (SVR).
- Portable
- Standard valuation fee paid by Growth Greater Bank (max £450).
- Early repayment charge of 2% applies during the fixed rate period.
- Overpayments permitted at any time without penalty.
| Loan to value | Initial rate to April 2021 | Thereafter SVR, currently | Overall cost for comparison (APRC) |
|---|---|---|---|
| up to 60% | 2.50% | 4.50% | 3.8% |
| 61% - 80% | 2.88% | 4.50% | 4.0% |
| 81% - 90% | 3.50% | 4.50% | 4.3% |
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
