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2 Year Flexible Discount Mortgage

Our 2 Year Flexible Discount Mortgage is the one for you, if:

  • You want the flexibility of adapting your mortgage to deal with life’s ups and downs
  • You want a discounted rate for the first 2 years
  • You want to be able to make overpayments, underpayments or even shorten your mortgage term
  • You want to borrow between 75% and 85% of the value or purchase price of your property (LTV)

Ways to apply

In branch:
Book an appointment
By phone:
0800 38 98 200
Apply online

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> > > 2 Year Flexible Discount (85% LTV)

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

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What are the rates?

  • Our current Standard Variable Rate (SVR)

  • Maximum Loan to Value (LTV)

Product Fee:

Early Repayment Charges:

Maximum loan:

£

Key facts

  • The discounted mortgage rate is variable for 2 years. If our Standard Variable Rate increases or decreases, the discounted rate you will pay will increase or decrease accordingly. However, the discounted rate will never fall below 2.00%, within the first 2 years.

  • A product fee of £999 is payable for this mortgage. This fee can be added to your mortgage, as long as your total borrowing does not exceed 85% LTV.

  • This is a mortgage with flexible features including overpayments, additional borrowing and payment holidays. Please check the 'Important Info' tab for details.

  • LTV - You can borrow up to 85% of the value of your property (or 85% of the purchase price, if lower) up to a maximum loan of £250,000

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Calculate Monthly Repayments

Enter an amount from £5000 to £500000.

£  
Repayment Type Repayment Type

Enter an amount from £5 to £25.

Years

Choose your mortgage details on the left, then click calculate costs.

You can adjust these details to see how different combinations affect your repayments and fee.

Please note: The actual rate available will depend on your personal circumstances.

You'll need to get a personalised illustration before you start the application process.

This information does not contain all of the details you need to choose a mortgage. Make sure that you read the separate key facts illustration before you make a decision.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Important Information

Features:

  • Drawdown

  • Payment holiday

  • Overpayment

  • Underpayment

  • Borrow back

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Fee, charges and incentives

  • Product fees

  • Valuation fees

  • Legal fees

  • Early Repayment Charges

  • Mortgage Payment Protection Insurance (MPPI)

  • Cashback

Portability rules

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Other services to consider

Our online application options

What can I do next?

Other ways to apply:

In branch:
Book appointment
By phone:
0800 389 8200

Our online application options

What can I do next?

Other ways to apply:

In branch:
Book appointment
By phone:
0800 389 8200

Products previously viewed:

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

To help us maintain our service and security standards, telephone calls may be monitored or recorded. Your personal details may be used by Principality Building Society to contact you about your application.

Principality Building Society is authorised and regulated by the Financial Services Authority (Authorisation No. 155998). The Financial Services Authority does not regulate commercial or business related mortgages.