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This discount mortgage could be available to you if you are buying up to three properties which you plan to let.
With this two year discount mortgage you benefit from a reduction in our current Standard variable interest rate until 31 August 2021. Until then your payments may increase or decrease as our standard variable rate changes, but you will not pay the full standard variable interest rate. If you pay off your mortgage during this time, you will pay an early repayment charge of the following tariffs:
2% of the outstanding balance
Before 31st August 2020
1% of the outstanding balance
Before 31st August 2021
Because you never know when you might want to, you can make one lump sum repayment of 10% off your mortgage during the discount period.
If you think this discounted variable rate mortgage could be for you, carry on reading for more information.
£499 Product Fee.
£120 Account Fee.
Capital and interest or Interest only basis.
One lump sum repayment of up to 10% within the discounted period.
Up to 70% LTV.
No compulsory insurances.
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 01/12/2017 – 31/12/2017 and if you were to take your mortgage product as at 01/05/2019.
All above information is for illustration purposes only and may vary depending on personal circumstances.
Here you can pay your mortgage related fees online.
Sometimes it's easier to discuss things face-to-face. All our branches have staff ready and waiting to talk. If you’d like to discuss your options or you think you need help, call in at your local branch.
Alternatively call our enquiries line between:
9am and 5pm Monday to Friday (9:30am and 5pm Tuesday) or
9am and 12pm on Saturday
Our staff will be more than happy to help with any questions or queries
Or email us on: