Skip to content

We use cookies to keep our websites easy to use and relevant to our users’ requirements and to enable us to learn which advertisements bring users to our website. Select Accept below if you wish to proceed or How to change your cookies for instructions on how to manage your cookie settings. Find out more about our Cookie Policy.


Newly qualified professional residential fixed rate - 5 years Capital and Interest

For loans up to 95% of property value

Product nameNewly qualified professional residential fixed rate - 5 years Capital and Interest
Initial rate3.79%
Initial rate expires on
30th November 2023
Rate thereafterStandard Variable Rate, currently
5.20%
Overall cost for comparison4.7% APRC
Arrangement fee
£0
Option to add arrangement fees to mortgageYes the arrangement fee can be added to the loan, provided the total borrowing does not exceed the maximum LTV for the product type
Legal and Valuation FeesFor more information visit Valuation Fees page
Eligibility

Available for purchase applications only. Applicants must be aged 18 or over. All loans are subject to status. Security will be required. Not available for business purposes.

This product is only available where one or more of the applicants has become fully qualified within the last 5 years and is employed in one of the following professions: Accountants, Architects, Barristers, Chartered Surveyors, Dentists, Medical Doctors, Pharmacists, Pilots, Solicitors, Vets, with a current income of £40k or more.

Maximum loan amount£600,000
Maximum loan to value95%
Minimum loan amount£80,000
Early repayment charge5% in years one and two
4% in year three
3% in year four
2% in year five
Special offers

£0 arrangement fee
Purchase: One free valuation
Remortgage: This product is only available for purchase applications#

Overpayment permittedYes, up to 10% of outstanding loan each year without penalty. After the fixed period you can make over payments without any restrictions.
Apply now

# The switching package is only available to applicants moving their mortgage from another lender. If the property is unencumbered or the transaction is a purchase, a free valuation is available. Free valuations are available on properties worth £2m, or less. Optima Legal Services will charge a funds transfer fee of £42 to applicants who use the switching package. Further information on valuation fees.

Quick links

Our online application makes it quick and easy to apply for your customer

Apply online

Lending Policy & New Business enquiries

Call us on
0800 085 2846

Monday - Friday, 9.00am - 5.30pm

Chat with us

Click below to chat with us now Monday - Friday, 9.00am - 5.30pm

Chat now

Get in touch

Get in touch

For all lending policy and new business enquiries:

Contact us

You are here:  Products  >  capital-and-interest-mortgages-noSynergy