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Existing Ipswich Borrowers

You want more? With the current housing market, many people are choosing to improve and extend their existing home instead of moving. We have a wide range of schemes to assist existing borrowers, with items such as new windows, new kitchen, extension, conservatory, or for personal use such as holiday, car or debt consolidation.

Moving home? If you are moving home, you may be able to take your existing mortgage with you or choose a new deal from our existing product range.

Coming to the end of your discount or fixed rate period with the Society? Occasionally we have exclusive offers for existing Members, or you can choose a new deal from our existing product range.

Contact one of our Mortgage Advisers to discover the best option for you.

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

For more information on our exclusive mortgage products available to our borrowers at the end of their current scheme or currently paying the Society's standard variable rate click here.

For more information on our additional borrowing rates, fees and lending criteria click here.

Exclusive member only products: Occasionally we are able to offer exclusive savings or mortgage products for our members. Check out Mortgage Comparison to see our current mortgage offers exclusively for members or contact us for details. We currently do not have any exclusive savings products.


Rates correct as at 26 March 2012

For existing borrowers at the end of their current scheme or currently paying the Society's standard variable rate

 
VARIABLE RATE currently 5.49% with a discount of 0.75% until 31 August 2014 then changing to Ipswich standard variable rate
Current Variable RateVariable Rate for the rest of the mortgage, currentlyThe overall cost for comparison isIs an Early Repayment Charge payable?Minimum Deposit
4.74%  5.49%  5.5% APR  No charge for overpayments of up to 50% of the original loan. Early repayment charge period ends 31 August 2014. For overpayments of 50% or above the early repayment charge is 1% of the overpayment. For redemption before 31 August 2014 the early repayment charge is 1% of the original loan.  N/A 
First time buyer Home buyer Remortgage
N/A  N/A  Equal to remaining mortgage balance 
Completion Fee Application Fee (Payable with application and non-refundable) Valuation Fee (Payable with application) Higher Lending Charge Insurance Fee (if not insured through Ipswich) CHAPS (Fee for transfer of funds to solicitor) Maximum Loan Amount
Not Applicable  No Application fee but a product switch fee of £125 is payable  Not Applicable  Not Applicable  Not Applicable  Not Applicable  Equal to remaining mortgage balance 
 
FIXED RATE of 4.99% up until 31 August 2014 then changing to Ipswich standard variable rate
Fixed RateVariable Rate for the rest of the mortgage, currentlyThe overall cost for comparison isIs an Early Repayment Charge payable?Minimum Deposit
4.99%
Fixed 		 5.49%  5.5% APR   No charge for overpayments of up to 50% of the original loan. Early repayment charge period ends 31 August 2014. For overpayments of 50% or above the early repayment charge is 3% of the overpayment. For redemption before 31 August 2014 the early repayment charge is 3% of the original loan.  Equal to remaining mortgage balance 
First time buyer Home buyer Remortgage
N/A  N/A  Equal to remaining mortgage balance 
Completion Fee Application Fee (Payable with application and non-refundable) Valuation Fee (Payable with application) Higher Lending Charge Insurance Fee (if not insured through Ipswich) CHAPS (Fee for transfer of funds to solicitor) Maximum Loan Amount
Not Applicable  No Application Fee but a Product Switch Fee of £125 is payable  Not Applicable  Not Applicable  Not Applicable  Not Applicable  Equal to remaining mortgage balance 
 
FIXED RATE of 5.25% up until 31 August 2014 then changing to Ipswich standard variable rate
Fixed RateVariable Rate for the rest of the mortgage, currentlyThe overall cost for comparison isIs an Early Repayment Charge payable?Minimum Deposit
5.25%
Fixed 		 5.49%  5.7% APR  No charge for overpayments of up to 50% of the original loan. Early repayment charge period ends 31 August 2014. For overpayments of 50% or above the early repayment charge is 3% of the overpayment. For redemption before 31 August 2014 the early repayment charge is 3% of the original loan.   N/A 
First time buyer Home buyer Remortgage
N/A  N/A  Equal to remaining mortgage balance 
Completion Fee Application Fee (Payable with application and non-refundable) Valuation Fee (Payable with application) Higher Lending Charge Insurance Fee (if not insured through Ipswich) CHAPS (Fee for transfer of funds to solicitor) Maximum Loan Amount
£950  Not applicable  Not applicable  Not applicable  Not applicable  Not applicable  Equal to remaining mortgage balance 
 
FIXED RATE of 5.99% up until 31 August 2014 then changing to Ipswich standard variable rate
Fixed RateVariable Rate for the rest of the mortgage, currentlyThe overall cost for comparison isIs an Early Repayment Charge payable?Minimum Deposit
5.99%
Fixed 		 5.49%  5.5% APR  No charge for overpayments of up to 50% of the original loan. Early repayment charge period ends 31 August 2014. For overpayments of 50% or above the early repayment charge is 3% of the overpayment. For redemption before 31 August 2014 the early repayment charge is 3% of the original loan.  N/A 
First time buyer Home buyer Remortgage
N/A  N/A  Equal to remaining mortgage balance 
Completion Fee Application Fee (Payable with application and non-refundable) Valuation Fee (Payable with application) Higher Lending Charge Insurance Fee (if not insured through Ipswich) CHAPS (Fee for transfer of funds to solicitor) Maximum Loan Amount
Not Applicable  No Application Fee but a product switch fee of £125 is payable  Not applicable  Not Applicable  Not Applicable  Not Applicable  Equal to remaining mortgage balance 

 

For existing borrowers wishing to borrow additional funds

 
FIXED RATE of 3.99% until 31 August 2014 then changing to Ipswich standard variable rate
Fixed RateVariable Rate for the rest of the mortgage, currentlyThe overall cost for comparison isIs an Early Repayment Charge payable?Minimum Deposit
3.99%  5.49%  5.2% APR  No  N/A 
First time buyer Home buyer Remortgage
80%  80%  80% 
Completion Fee Application Fee (Payable with application and non-refundable) Valuation Fee (Payable with application) Higher Lending Charge Insurance Fee (if not insured through Ipswich) CHAPS (Fee for transfer of funds to solicitor) Maximum Loan Amount
£125  N/A  N/A  Free  N/A  £35  £100,000 
 
VARIABLE RATE  currently 5.49%
Current Variable RateVariable Rate for the rest of the mortgage, currentlyThe overall cost for comparison isIs an Early Repayment Charge payable?Minimum Deposit
5.49%  5.49%  5.6% APR  No  N/A 
First time buyer Home buyer Remortgage
75%  75%  75% 
Completion Fee Application Fee (Payable with application and non-refundable) Valuation Fee (Payable with application) Higher Lending Charge Insurance Fee (if not insured through Ipswich) CHAPS (Fee for transfer of funds to solicitor) Maximum Loan Amount
£125  N/A  N/A  Free  N/A  £35  £100,000 
 
VARIABLE RATE  currently 5.49%
Current Variable RateVariable Rate for the rest of the mortgage, currentlyThe overall cost for comparison isIs an Early Repayment Charge payable?Minimum Deposit
5.49%  5.49%  5.6% APR  No  N/A 
First time buyer Home buyer Remortgage
95%  95%  95% 
Completion Fee Application Fee (Payable with application and non-refundable) Valuation Fee (Payable with application) Higher Lending Charge Insurance Fee (if not insured through Ipswich) CHAPS (Fee for transfer of funds to solicitor) Maximum Loan Amount
£125  N/A  N/A  Free up 90%. Charged 90-95%  N/A  £35  £100,000