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This fixed rate mortgage could be available to you if you are buying up to three properties which you plan to let.
Our five year 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 April 2024. If you pay off your mortgage during this time, you will pay an early repayment charge of the following tariffs:
4% of the outstanding balance
Before 30th April 2021
3% of the outstanding balance
Before 30th April 2022
2% of the outstanding balance
Before 30th April 2023
1% of the outstanding balance
Before 30th April 2024
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.
£999 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.
This mortgage is only available to you if you are buying up to three properties for letting purposes.
Our mortgages are available to anyone aged 18 or over who meet our conditions. All loans depend on your circumstances and a satisfactory valuation of the property you are buying. Your property will be security for the loan and you may need to provide extra security. You can get a written illustration from any of our branches or from our head office.
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 01/04/2019.
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: