Fixed Rate Mortgage FR261

This fixed rate mortgage could be for you if you are buying your first home, moving house or simply moving your mortgage from another lender.

Our fixed rate mortgage allows you to plan your finances safe in the knowledge that your repayments will not be affected by changes in the interest rate until 30 June 2020. If you pay off your mortgage during this time, you will pay an early repayment charge of 3% of the outstanding balance.

The Society will make a one-off contribution towards the cost of the basic valuation. The maximum contribution will be £300.00 and the actual amount depends on the value of the property. And because you never know when you might want to, you can make one lump sum repayment of 10% off your mortgage during the fixed rate period.

If you think this fixed rate mortgage could be for you, carry on reading for more information.

Interest Rate
2.25% fixed until 30.06.2020
For the remainder of the term of the mortgage, changing to our SVR currently
5.70% and remaining on standard variable rate terms for the rest of the mortgage
Overall cost for comparison
4.8% APRC
£499 Product Fee
£120 Account Fee
Key features

Free basic valuation on properties valued up to £300,000.

£499 Product Fee.

£120 Account Fee.

Capital and Interest repayment basis only.

One lump sum repayment of up to 10% of the initial loan within the fixed rate period.

Up to 80 LTV.


Free basic valuation on properties valued up to £300,000.

Legal fees for remortgages paid by the Society where Enact are instructed.


No compulsory insurances.


Home mover.

Remortgaging (moving mortgage from another lender).

Mortgage property must be your permanent home.

Higher lending charge
Not applicable.
Capital repayments
One lump-sum repayment of 10% allowed within the fixed rate period.
Early repayment charge
3% of the outstanding balance if redeemed before 30.06.2020.

Darlington Building Society are required to provide you with Standard Information which is a representative of the current mortgage, which is set out below:

Society Example
The total amount of the credit
Duration of the contract
16 years
The duration of the fixed period
2 years 5 months
The initial fixed rate
The amount of the fixed rate instalments
The number of the fixed instalments
The frequency of the fixed instalments
Our Standard Variable Rate (SVR)
The duration of the SVR period
13 years 7 months
The frequency of the SVR instalments
The amount of SVR instalments
The total amount payable
The total amount of interest payable
Mortgage exit fee
Product fee
Account fee
The overall cost for comparison
4.8% APRC
Representative example summary

If all or part of your income is in a currency other than Pound Sterling (£), you should be aware about the risks of fluctuations in currency exchange rates. If the value of the relevant currency moves against you by at least 20% then that may make it more difficult for you to afford your mortgage payments.

The Representative Example is based on mortgages sold between 31/12/2015 – 31/12/2016 and if you were to take your mortgage product as at 01/02/2018.

All above information is for illustration purposes only and may vary depending on personal circumstances.

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Need to discuss your options?

Sometimes it's easier to discuss things face-to-face. All our branches have a mortage advisor ready and waiting to talk. If you’d like to discuss your options or you would like some advice, call in at your local branch.

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Alternatively call our enquiries line between:

9am and 8pm Monday to Friday
9am to 2pm on Saturdays

Our Mortgage Advisors will be more than happy to help with any questions or queries

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