Standard Variable Rate Mortgages

If you are looking for a mortgage which lets you keep your options open in England, Wales and Scotland, our Standard Variable Rate mortgage offer could be for you.

Our standard Variable Rate mortgages are available up to 85% loan to value (70% maximum loan to value for interest only loans) in England, Wales and Scotland.

You can make unlimited lump-sum repayments plus, if you are unsure what the future holds, you can redeem the mortgage at any time.


Your mortgage is secured on your home. Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.

Please note: as of close of business on Friday 18th September, Darlington Building Society are amending our minimum loan size for new mortgage applications to £100,000. We will consider applications for a minimum loan of £25,000 from applicants where the postcode of the mortgaged property is within the Society’s operating postcode area: DL, TS, YO, DH, SR & HG. The minimum loan size applies only to new mortgage applications and does not impact existing members seeking additional borrowing, product transfers or any other servicing based requests.

Standard Variable Rate Mortgages

Initial rate of Changing to our Standard variable rate currently... Overall Cost For Comparison Maximum Loan to Value Fees Features
Standard variable rate mortgage 5.3% 5.3% 5.4% APRC 85%
Product Fee £0
Account Fee £120
Valuation fees? Yes
Society contribution to valuation fee? No

No product fee. £120 account fee. Valuation fee payable by applicant if applicable.

Full details

Standard Variable Rate Representative Example

A mortgage of £123,000 payable over 20 years on our standard variable rate of 5.30% would require 240 payments of £833.08.

The total amount payable would be £189,612.36 made up of the loan amount (£123,000) plus interest (£76,819.14) plus product fee of £0, account fee of £120 and mortgage exit fee of £90.

The overall cost for comparison is 5.4% APRC representative.

This representative example assumes a mortgage completion date on the 1st day of a calendar month.

The above representative example is for illustration purposes only and may vary depending on your personal circumstances.