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If you are looking for a mortgage which lets you keep your options open, our standard variable rate mortgage offers a wide range of benefits. It is available up to 90% loan to value (70% maximum loan to value for interest only loans) and there is no minimum loan size.
With our standard variable rate mortgage you can make unlimited lump-sum repayments. Plus if you are unsure what the future holds, you can redeem the mortgage at any time with no early repayment charges to pay.
There are no product fees for you to pay when you take out this standard variable rate mortgage, but you will have to pay an account fee of £120. You will need to pay a valuation fee according to the Society’s scale and the actual amount depends on the value of the property. You may have to pay a higher lending charge, depending on the size of the loan. For more information on the key features of this particular mortgage, take a look at the details below.
Up to 90% LTV (70% max LTV for interest only loans).
No product fee.
£120 account fee.
There are no early repayment charges.
You can make unlimited lump-sum repayments.
Higher Lending Charge is paid by Society if applicable.
Home mover/remortgage (moving mortgage from another lender).
Mortgaged property is your permanent home.
Available for additional borrowing subject to a £215 fee paid by applicant.
(70% maximum loan to value for interest only loans).
Darlington Building Society are required to provide you with Standard Information which is a representative of the current mortgage, which is set out below:
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 01/01/2017 – 31/12/2017 and if you were to take your mortgage product as at 01/10/2018.
All above information is for illustration purposes only and may vary depending on personal circumstances.
Here you can pay your mortgage related fees online.