A discount of 1.89% from the standard variable rate for the first two years. The standard variable rate (currently 6.08%) is charged from the beginning of year three.

Rate: 4.19% per annum
 Minimum age: 18

Maximum LTV: 75%
Early repayment charge Within discounted rate period: 4% in year 1 and 3% in year 2 of the amount repaid by way of a capital repayment or in full redemption. Thereafter: none
Fees Valuation fee.
Admin fee £130. 
Product fee £999

Typical example

Initial monthly payments 24 months £403.79
Subsequent monthly payments 276 months £481.34
Total charge for credit £69,072.80
Total amount payable (TAP) £144,072.80
The overall cost for comparison is: 6.1% APR
APR correct as at 16 September 2011

The Annual Percentage Rate (APR) and typical examples are based on the following assumptions:

  • A loan of £75,000 (75% LTV) based on a repayment basis over a 25 year term.
  • A purchase or remortgage of main residence valued at £100,000.
  • An administration fee and/or product fee as specified.
  • Solicitors mortgage charge £103.
  • A valuation fee of £125.
  • CHAPS bank transfer fee of £25.
  • Administration charge payable on redemption of £150.
  • The Standard variable rate is charged from the end of any initial specified deal.

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

Ready to take the next step?

Make sure you've read the general information about our mortgages and then call our mortgage team on 0845 122 0033*.

We will assess your application by asking you a few questions. If you meet our lending criteria, from the information you provide, we will send you a Key Facts Illustration (KFI) which will set out how much you have asked to borrow, your chosen product and any associated fees that may be charged.

Please note that we can only offer information on our own products for you to make an informed decision as to which to take. We will not advise or recommend a particular mortgage to you. If you wish to proceed, simply fill in the application and return it along with a signed copy of the KFI for the product you have chosen.

If during the processing of your application there is a material change, for example the amount you wish to borrow, you will be sent a revised KFI.

If you apply by post, you will need to enclose a cheque payable to Kent Reliance to cover the valuation fee, administration fee and product fee (if applicable). It will speed things up if you also enclose as much supporting documentation as possible – the items required are specified on the mortgage application form.

*For customer service and training purposes, calls to Kent Reliance may be monitored and/or recorded.