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2 YEAR NON-FLEXIBLE LEVEL DISCOUNT MORTGAGE

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

  • You want a discounted rate for the first 2 years
  • You want to minimise the costs of arranging your mortgage, freeing up more to spend on your home
  • You do not need flexible features like payment holidays, overpayments and underpayments
  • You want to borrow up to £500,000

Ways to apply

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

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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. 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.

  • There is no product fee with this mortgage

  • There is no Valuation fee on this mortgage. We will bear the cost of a Report and Valuation for Mortgage Purposes only.

  • LTV - You can borrow up to 75% of the value of your property (or 75% of the purchase price, if lower) up to a maximum loan of £500,000

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.