Variable rate
Flexibility and control with our variable rate mortgages.
Two-year Tracker mortgage
With our Tracker mortgage, the interest rate you pay on your mortgage is set at 1.25% above the Bank of England base rate.
- The initial rate is 1.25% above the Bank of England base rate until April 2018, to give a current rate payable of 1.75%. Reverting to the Growth Greater Bank standard variable rate thereafter, currently 4.50%. Overall cost for comparison 4.2% APRC.
- Mortgage interest rate is adjusted in line with the Bank of England base rate.
- Maximum loan to value 75%.
- Portable
- £1,090 arrangement fee.
- Standard valuation fee paid by Growth Greater Bank (max £450).
- Early repayment charge of 2% applies during the initial tracker period.
- Overpayments permitted at any time without penalty.
Standard Variable rate mortgage
Our most flexible mortgage, with repayments to suit your circumstances and the ability to overpay at no cost, whenever it suits you.
- Growth Greater Bank standard variable rate, currently 4.50%. Overall cost for comparison 4.6% APRC.
- Maximum loan to value 80%.
- Portable
- £495 arrangement fee.
- No early repayment charges.
- Overpayments permitted at any time without penalty.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
