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What does remortgaging mean?

Taking out a new mortgage on a property you already own is known as remortgaging. If you are coming to the end of your existing mortgage deal, the new standard variable rate (SVR) is likely to be higher than your old interest rate. Switching to a new provider and a new deal could provide a better rate. If you’re tied into your current mortgage deal, but want to switch, it’s worth checking your numbers as you may have to pay a fee to your existing lender to release their mortgage.

Should I remortgage?

The main reason to remortgage is to save money. The terms of your existing mortgage deal play a big factor in the amount you can potentially save, and we’d strongly recommend you seek independent financial advice before making a decision to help you weigh up the pros and cons (or rather the costs and the savings) to make sure it all adds up to a worthwhile switch.

Your home has significantly increased in value: It could be that the value of your property has risen since you first moved in, and combined with the repayments you’ve already made, you’re now in a lower loan-to-value (LTV) band. This should give you access to lower rates.

Your want to overpay but can’t: If your financial situation improves, you may want to pay extra on your mortgage repayments. This isn’t always possible with every lender but when remortgaging you could choose to pay off some of your loan, bringing down the amount you need to borrow and most likely reducing your monthly repayments and the interest you pay back.

You want to make home improvements: Remortgaging could help you raise funds for home improvements. You may need evidence of quotes for any works, and make sure to take additional fees into account when deciding if it’s worthwhile.

Jump to a product category...

Standard residential remortgages

Like-for-like remortgages

Large loan remortgages

Later life remortgages

Buy to let remortgages

Self employed remortgages

Self build remortgages

Shared ownership remortgages

 

Standard Residential

2.99% 5 Year Fixed Rate 95% LTV

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Fees
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Representative Example
  • FIXED RATE of 2.99% until 31 December 2024 then changing to Ipswich Standard Variable Rate (currently 5.74%)
  • 4.7% APRC
  • Available to direct applicants in England and Wales, selected intermediary partners nationally and intermediaries based in Suffolk, Norfolk, Essex, Cambridgeshire, Bedforsdhire, Hertfordshire and Buckinghamshire.
  • Available for purchase and remortgage

15190, 72271, 72272

Completion Fee Application Fee (Payable with application and non-refundable) Valuation Fee (Payable with application) Higher Lending Charge CHAPS (Fee for transfer of funds to solicitor) Maximum Loan Amount
£300 £199 Based on property valuation (Remortgage: FREE up to max property value £1m) - £35 £500k

Remortgage: fee assisted legals

Fee free overpayments up to 10% of original loan amount

Overpayment of 10% or above - early repayment charge is 5% of the overpayment

Early redemption - early repayment charge is 5% of the original loan amount

Early Repayment Charge period ends 31 December 2024

To apply, please speak to one of our expert Mortgage Consultants, based in Ipswich, on 0330 123 0773 - we're happy to discuss your application over the telephone or, if you'd prefer, we can arrange to meet with you at one of our 9 branches across Suffolk.

In the meantime, you may find it useful to look at our mortgage calculator to get an idea of what your monthly payment may be.

To apply for this product visit our Apply and Track section, or give our intermediary sales team a call on 0330 123 1073.

Representative example (this information is based on a typical application and not to your individual circumstances. It does not contain all of the details you need to choose a mortgage)

A mortgage of £189,000.00 payable over 25 years initially on a fixed rate until 31/12/2024 at 2.99%, and then on our Standard Variable Rate currently at 5.74% for the remainder of the mortgage term would require 63 monthly payments of £896.86 followed by 237 monthly payments of £1,132.75. The total amount payable would be £325,417.93 made up of the loan amount plus interest (£135,628.93), an application fee of £199, a completion fee of £300, a valuation fee of £160, a mortgage funds release fee of £35 and a mortgage exit fee of £95.

The overall cost for comparison is 4.7% APRC representative.

[This representative example is based on assumptions that the loan would start from 30 September 2019]

 

 

 

2.75% 2 Year Fixed Rate 75% LTV

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Fees
Apply
Representative Example
  • FIXED RATE of 2.75% until 31 December 2021 then changing to Ipswich Standard Variable Rate (currently 5.74%)
  • 5.3% APRC
  • Available to direct applicants in England and Wales, intermediaries in our heartland area and selected intermediary partners
  • Available for purchase and remortgage up to 75% LTV

15172, 72244, 72245

Completion Fee Application Fee (Payable with application and non-refundable) Valuation Fee (Payable with application) Higher Lending Charge CHAPS (Fee for transfer of funds to solicitor) Maximum Loan Amount
£800 £199 Based on property valuation. Remortgage: FREE (up to max property value £1m) - £35 £750k

No charge for overpayments of up to 50% of original loan amount
Early repayment charge period ends 31 December 2021
Overpayment of 50% or above - Early repayment charge is 3% of the overpayment
Redemption - Early repayment charge is 3% of the original loan amount

To apply, please speak to one of our expert Mortgage Consultants, based in Ipswich, on 0330 123 0773 - we're happy to discuss your application over the telephone or, if you'd prefer, we can arrange to meet with you at one of our 9 branches across Suffolk.

In the meantime, you may find it useful to look at our mortgage calculator to get an idea of what your monthly payment may be.

To apply for this product visit our Apply and Track section, or give our intermediary sales team a call on 0330 123 1073.

Representative example (this information is based on a typical application and not to your individual circumstances. It does not contain all of the details you need to choose a mortgage)

A mortgage of £189,000.00 payable over 25 years initially on a fixed rate of 2.75% until 31/12/2021 and then on our Standard Variable Rate currently at 5.74% for the remainder of the mortgage term would require 27 monthly payments of £871.88 followed by 273 monthly payments of £1,161.35. The total amount payable would be £341,918.31 made up of the loan amount plus interest (£151,589.31), an application fee of £199, a completion fee of £800, a valuation fee of £200, a mortgage funds release fee of £35 and a mortgage exit fee of £95.

The overall cost for comparison is 5.3% APRC representative.

[This representative example is based on assumptions that the loan would start from 16 September 2019]

 

 

2.50% 2 Year Discount Rate 75% LTV

About
Fees
Apply
Representative Example
  • VARIABLE RATE of 5.74% with a discount of 3.24% until 2 years from completion then changing to Ipswich Standard Variable Rate (currently 5.74%)
  • 5.5% APRC
  • Available to direct applicants in England and Wales, intermediaries in our heartland area and selected intermediary partners
  • Available for purchase and remortgage up to 75% LTV

11077, 67109, 67110

Completion Fee Application Fee (Payable with application and non-refundable) Valuation Fee (Payable with application) Higher Lending Charge CHAPS (Fee for transfer of funds to solicitor) Maximum Loan Amount
£800 £199 Based on property valuation. Remortgage: FREE (up to max property value £1m) - £35 £750k

No charge for overpayments of up to 50% of original loan amount
Early repayment charge period ends 2 years from completion
Overpayment of 50% or above - Early repayment charge is 1% of the overpayment
Redemption - Early repayment charge is 1% of the original loan amount

To apply, please speak to one of our expert Mortgage Consultants, based in Ipswich, on 0330 123 0773 - we're happy to discuss your application over the telephone or, if you'd prefer, we can arrange to meet with you at one of our 9 branches across Suffolk.

In the meantime, you may find it useful to look at our mortgage calculator to get an idea of what your monthly payment may be.

To apply for this product visit our Apply and Track section, or give our intermediary sales team a call on 0330 123 1073.

Representative example (this information is based on a typical application and not to your individual circumstances. It does not contain all of the details you need to choose a mortgage)

A mortgage of £142,500.00 payable over 35 years on our Standard Variable Rate currently at 5.74% with a discount of 3.24% giving a rate payable of 2.50% for 24 months and then on our Standard Variable Rate for the remainder of the mortgage term would require 24 monthly payments of £512.42 followed by 396 monthly payments of £778.07. The total amount payable would be £320,867.80 made up of the loan amount plus interest (£177,078.80), an application fee of £199, a completion fee of £800, a valuation fee of £160, a mortgage funds release fee of £35 and a mortgage exit fee of £95.

The overall cost for comparison is 5.5% APRC representative.

[This representative example is based on assumptions that the loan would start from 3 September 2018]

2.99% 2 Year Fixed Rate 90% LTV

About
Fees
Apply
Representative Example
  • FIXED RATE of 2.99% up until 31 December 2021, then changing to Ipswich Standard Variable Rate (currently 5.74%)
  • 5.4% APRC
  • Available for direct applicants in England and Wales, selected partners nationally and all intermediaries based in Suffolk, Norfolk, Essex, Cambridgeshire, Bedfordshire, Hertfordshire and Buckinghamshire.
  • To establish if you/your network is a selected partner, please contact our Business Development Team on 0330 123 1073.

15158, 72246, 72247

Completion Fee Application Fee (Payable with application and non-refundable) Valuation Fee (Payable with application) Higher Lending Charge CHAPS (Fee for transfer of funds to solicitor) Maximum Loan Amount
£800 £199 For purchase: based on property valuation. Remortgage: FREE up to max property value of £1m. - £35 £500k

No charge for overpayments of up to 50% of original loan amount
Early repayment charge period ends 31 December 2021
Overpayment of 50% or above - Early repayment charge is 3% of the overpayment
Redemption - Early repayment charge is 3% of the original loan amount

For remortgage only - fee assisted legals

To apply, please speak to one of our expert Mortgage Consultants, based in Ipswich, on 0330 123 0773 - we're happy to discuss your application over the telephone or, if you'd prefer, we can arrange to meet with you at one of our 9 branches across Suffolk.

In the meantime, you may find it useful to look at our mortgage calculator to get an idea of what your monthly payment may be.

To apply for this product visit our Apply and Track section, or give our intermediary sales team a call on 0330 123 1073.

Representative example (this information is based on a typical application and not to your individual circumstances. It does not contain all of the details you need to choose a mortgage):

A mortgage of £189,000.00 payable over 25 years initially on a fixed rate of 2.99% until 31/12/2021 and then on our Standard Variable Rate currently at 5.74% for the remainder of the mortgage term would require 27 monthly payments of £895.28 followed by 273 monthly payments of £1,163.79. The total amount payable would be £343,196.23 made up of the loan amount plus interest (£152,887.23), an application fee of £199, a completion fee of £800, a valuation fee of £180, a mortgage funds release fee of £35 and a mortgage exit fee of £95.

The overall cost for comparison is 5.4% APRC representative.

[This representative example is based on assumptions that the loan would start from 16 September 2019]

 

 

 

 

2.74% 2 Year Discount Rate 90% LTV

About
Fees
Apply
Representative Example
  • VARIABLE RATE currently 5.74% with a discount of 3.00% until 2 years from completion date then changing to Ipswich Standard Variable Rate
  • 5.5% APRC
  • Available for direct applicants in England and Wales
  • For our Intermediary partners, products are available to Prestige members, selected partners nationally and all intermediaries based in Suffolk, Norfolk, Essex, Cambridgeshire, Bedfordshire and Hertfordshire. Selected partners include: Sesame (AR), PTFS (AR), Mortgage Intelligence (AR), Mortgage Next (AR), Life & Easy (AR), Intrinsic (AR), L&G Nouveau Members, L&G Nouveau2 Members, L&G (Selected Partners), SimplyBiz Mortgage.
  • To establish if you/your network is a selected partner, please contact our Intermediary Sales Team on 0330 123 1073.

11076, 67107, 67108

Completion Fee Application Fee (Payable with application and non-refundable) Valuation Fee (Payable with application) Higher Lending Charge CHAPS (Fee for transfer of funds to solicitor) Maximum Loan Amount
£800 £199 Purchase: based on property valuation. Remortgage: FREE (up to a maximum property value of £1m) - £35 £500k
  • No charge for overpayments of up to 50% of original loan amount
  • Early repayment charge period ends 2 years from date of completion
  • Overpayment of 50% or above - early repayment charge is 1% of the overpayment
  • Redemption - early repayment charge is 1% of the original loan amount
  • For remortgage only: fee assisted legals

To apply, please speak to one of our expert Mortgage Consultants, based in Ipswich, on 0330 123 0773 - we're happy to discuss your application over the telephone or, if you'd prefer, we can arrange to meet with you at one of our 9 branches across Suffolk.

In the meantime, you may find it useful to look at our mortgage calculator to get an idea of what your monthly payment may be.

To apply for this product visit our Apply and Track section, or give our intermediary sales team a call on 0330 123 1073.

Representative example (this information is based on a typical application and not to your individual circumstances. It does not contain all of the details you need to choose a mortgage):

A mortgage of £142,500.00 payable over 35 years on our Standard Variable Rate currently at 5.74% with a discount of 3.00%, giving a current rate payable of 2.74% for 24 months and then our Standard Variable Rate for the remainder of the mortgage term would require 24 monthly payments of £531.04 followed by 396 monthly payments of £779.40.
The total amount payable would be £321,841.36 made up of the loan amount plus interest (£178,052.36), an application fee of £199, a completion fee of £800, a valuation fee of £160, a mortgage funds release fee of £35 and a mortgage exit fee of £95.

The overall cost for comparison is 5.5% APRC representative.

[This representative example is based on assumptions that the loan would start from 3 September 2018]

3.45% 2 Year Fixed Rate 95% LTV

About
Fees
Apply
Representative Example
  • FIXED RATE of 3.45% up until 31 December 2021 then changing to Ipswich Standard Variable Rate (currently 5.74%)
  • 5.5% APRC
  • Available for Purchase and Remortgage
  • Available for direct applicants in England and Wales, selected partners nationally and all intermediaries based in Suffolk, Norfolk, Essex, Cambridgeshire, Bedfordshire, Hertfordshire and Buckinghamshire.
  • To establish if you/your network is a selected partner, please contact our Business Development Team on 0330 123 1073
  • Product is available for those borrowing in excess of 90% LTV and where the deposit is being gifted from a close family member  

STANDARD 15174, 72248 GIFTED DEPOSIT 15175

Completion Fee Application Fee (Payable with application and non-refundable) Valuation Fee (Payable with application) Higher Lending Charge CHAPS (Fee for transfer of funds to solicitor) Maximum Loan Amount
£800 £199 Based on property valuation - £35 £500k

No charge for overpayments of up to 50% of original loan amount
Early repayment charge period ends 31 December 2021
Overpayment of 50% or above - Early repayment charge is 3% of the overpayment
Redemption - Early repayment charge is 3% of the original loan amount

To apply, please speak to one of our expert Mortgage Consultants, based in Ipswich, on 0330 123 0773 - we're happy to discuss your application over the telephone or, if you'd prefer, we can arrange to meet with you at one of our 9 branches across Suffolk.

In the meantime, you may find it useful to look at our mortgage calculator to get an idea of what your monthly payment may be.

To apply for this product visit our Apply and Track section, or give our intermediary sales team a call on 0330 123 1073.

Representative example (this information is based on a typical application and not to your individual circumstances. It does not contain all of the details you need to choose a mortgage)

A mortgage of £189,000.00 payable over 25 years initially on a fixed rate until 31/12/2021 at 3.45%, and then on our Standard Variable Rate currently at 5.74% for the remainder of the mortgage term would require 27 monthly payments of £941.12 followed by 273 monthly payments of £1,168.31. The total amount payable would be £345,647.87 made up of the loan amount plus interest (£155,358.87), an application fee of £199, a completion fee of £800, a valuation fee of £160, a mortgage funds release fee of £35 and a mortgage exit fee of £95.

The overall cost for comparison is 5.5% APRC representative.

[This representative example is based on assumptions that the loan would start from 16 September 2019]

 

2.74% 2 Year Discount Rate 90% LTV

About
Fees
Apply
Representative Example
  • VARIABLE RATE currently 5.74% with a discount of 3.00% until 2 years from completion date then changing to Ipswich Standard Variable Rate
  • 5.5% APRC
  • Available for direct applicants in England and Wales
  • For our Intermediary partners, products are available to Prestige members, selected partners nationally and all intermediaries based in Suffolk, Norfolk, Essex, Cambridgeshire, Bedfordshire and Hertfordshire. Selected partners include: Sesame (AR), PTFS (AR), Mortgage Intelligence (AR), Mortgage Next (AR), Life & Easy (AR), Intrinsic (AR), L&G Nouveau Members, L&G Nouveau2 Members, L&G (Selected Partners), SimplyBiz Mortgage.
  • To establish if you/your network is a selected partner, please contact our Intermediary Sales Team on 0330 123 1073.

11076, 67107, 67108

Completion Fee Application Fee (Payable with application and non-refundable) Valuation Fee (Payable with application) Higher Lending Charge CHAPS (Fee for transfer of funds to solicitor) Maximum Loan Amount
£800 £199 Purchase: based on property valuation. Remortgage: FREE (up to a maximum property value of £1m) - £35 £500k
  • No charge for overpayments of up to 50% of original loan amount
  • Early repayment charge period ends 2 years from date of completion
  • Overpayment of 50% or above - early repayment charge is 1% of the overpayment
  • Redemption - early repayment charge is 1% of the original loan amount
  • For remortgage only: fee assisted legals

To apply, please speak to one of our expert Mortgage Consultants, based in Ipswich, on 0330 123 0773 - we're happy to discuss your application over the telephone or, if you'd prefer, we can arrange to meet with you at one of our 9 branches across Suffolk.

In the meantime, you may find it useful to look at our mortgage calculator to get an idea of what your monthly payment may be.

To apply for this product visit our Apply and Track section, or give our intermediary sales team a call on 0330 123 1073.

Representative example (this information is based on a typical application and not to your individual circumstances. It does not contain all of the details you need to choose a mortgage):

A mortgage of £142,500.00 payable over 35 years on our Standard Variable Rate currently at 5.74% with a discount of 3.00%, giving a current rate payable of 2.74% for 24 months and then our Standard Variable Rate for the remainder of the mortgage term would require 24 monthly payments of £531.04 followed by 396 monthly payments of £779.40.
The total amount payable would be £321,841.36 made up of the loan amount plus interest (£178,052.36), an application fee of £199, a completion fee of £800, a valuation fee of £160, a mortgage funds release fee of £35 and a mortgage exit fee of £95.

The overall cost for comparison is 5.5% APRC representative.

[This representative example is based on assumptions that the loan would start from 3 September 2018]

 

Large Loan

Large Loan 3.59% 2 Year Fixed Rate 90% LTV

About
Fees
Apply
Representative Example
  • FIXED RATE of 3.34% up until 31 December 2021 then changing to Ipswich Standard Variable Rate (currently 5.74%)
  • 5.4% APRC
  • Available for direct applicants in England and Wales, selected partners nationally and all intermediaries based in Suffolk, Norfolk, Essex, Cambridgeshire, Bedfordshire, Hertfordshire and Buckinghamshire.
  • To establish if you/your network is a selected partner, please contact our Business Development Team on 0330 123 1073.

15176, 72249, 72250

Completion Fee Application Fee (Payable with application and non-refundable) Valuation Fee (Payable with application) Higher Lending Charge CHAPS (Fee for transfer of funds to solicitor) Maximum Loan Amount
£800 £199 Purchase: based on property valuation. Remortgage: FREE (up to a maximum property value of £1m) - £35 £750k

No charge for overpayments of up to 50% of original loan amount
Early repayment charge period ends 31 December 2021
Overpayment of 50% or above - early repayment charge is 3% of the overpayment
Redemption - early repayment charge is 3% of the original loan amount

For remortgage only: fee assisted legals
Minimum loan size: £500k

 

To apply, please speak to one of our expert Mortgage Consultants, based in Ipswich, on 0330 123 0773 - we're happy to discuss your application over the telephone or, if you'd prefer, we can arrange to meet with you at one of our 9 branches across Suffolk.

In the meantime, you may find it useful to look at our mortgage calculator to get an idea of what your monthly payment may be.

Representative example (this information is based on a typical application and not to your individual circumstances. It does not contain all of the details you need to choose a mortgage):

A mortgage of £570,000.00 payable over 25 years initially on a fixed rate until 31/12/2021 at 3.59%, and then on our Standard Variable Rate currently at 5.74% for the remainder of the mortgage term would require 27 monthly payments of £2,881.14 followed by 273 monthly payments of £3,527.50. The total amount payable would be £1,042,357.28 made up of the loan amount plus interest (£470,798.28), an application fee of £199, a completion fee of £800, a valuation fee of £430, a mortgage funds release fee of £35 and a mortgage exit fee of £95.

The overall cost for comparison is 5.4% APRC representative.

[This example is based on assumptions that the loan would start from 16 September 2019]

 

Large Loan 3.34% 2 Year Discount Rate 90% LTV

About
Fees
Apply
Representative Example
  • VARIABLE RATE currently 5.74% with a discount of 2.40% until 2 years from date of completion then changing to Ipswich Standard Variable Rate
  • 5.4% APRC
  • Available for direct applicants in England and Wales
  • For our Intermediary partners, products are available to Prestige members, selected partners nationally and all intermediaries based in Suffolk, Norfolk, Essex, Cambridgeshire, Bedfordshire and Hertfordshire. Selected partners include: Sesame (AR), PTFS (AR), Mortgage Intelligence (AR), Mortgage Next (AR), Life & Easy (AR), Intrinsic (AR), L&G Nouveau Members, L&G Nouveau2 Members, L&G (Selected Partners), SimplyBiz Mortgage.
  • To establish if you/your network is a selected partner, please contact our Intermediary Sales Team on 0330 123 1073.

11078, 67111, 67112

Completion Fee Application Fee (Payable with application and non-refundable) Valuation Fee (Payable with application) Higher Lending Charge CHAPS (Fee for transfer of funds to solicitor) Maximum Loan Amount
£800 £199 Purchase: based on property valuation. Remortgage: FREE (up to a maximum property value of £1m) - £35 £750k
  • No charge for overpayments of up to 50% of original loan amount
  • Early repayment charge period ends 2 years from date of completion
  • Overpayment of 50% or above - early repayment charge is 1% of the overpayment
  • Redemption - early repayment charge is 1% of the original loan amount
  • For remortgage only: fee assisted legals
  • Minimum loan size: £500k

To apply, please speak to one of our expert Mortgage Consultants, based in Ipswich, on 0330 123 0773 - we're happy to discuss your application over the telephone or, if you'd prefer, we can arrange to meet with you at one of our 9 branches across Suffolk.

In the meantime, you may find it useful to look at our mortgage calculator to get an idea of what your monthly payment may be.

Representative example (this information is based on a typical application and not to your individual circumstances. It does not contain all of the details you need to choose a mortgage):

A mortgage of £570,000.00 payable over 25 years initially on our Standard Variable Rate currently at 5.74% with a discount of 2.40% for 24 months, giving a current rate payable of 3.34%, then on our Standard Variable Rate for the remainder of the mortgage term would require 24 monthly payments of £2,808.99 and 276 monthly payments of £3,532.29.
The total amount payable would be £1,043,051.80 made up of the loan amount plus interest (£471,492.80), an application fee of £199, a completion fee of £800, a valuation fee of £430, a mortgage funds release fee of £35 and a mortgage exit fee of £95.

The overall cost for comparison is 5.4% APRC representative.

[This representative example is based on assumptions that the loan would start from 3 September 2018]

 

Later Life

Later Life 2.75% 2 Year Fixed Rate 75% LTV

About
Fees
Apply
Representative Example
  • FIXED RATE of 2.75% until 31 December 2021, then changing to Ipswich Standard Variable Rate (currently 5.74%)
  • 5.3% APRC
  • Available for direct applicants in England and Wales, intermediaries in our heartland area and selected intermediary partners
  • Available for purchase and remortgage

15177, 72251, 72252

Completion Fee Application Fee (Payable with application and non-refundable) Valuation Fee (Payable with application) Higher Lending Charge CHAPS (Fee for transfer of funds to solicitor) Maximum Loan Amount
£500 £199 Purchase: based on property valuation. Remortgage: FREE (up to max property value £1m) - £35 £750k

No charge for overpayments of up to 50% of original loan amount
Early repayment charge period ends 31 December 2021
Overpayment of 50% or above - Early repayment charge is 3% of the overpayment
Redemption - Early repayment charge is 3% of the original loan amount

To apply, please speak to one of our expert Mortgage Consultants, based in Ipswich, on 0330 123 0773 - we're happy to discuss your application over the telephone or, if you'd prefer, we can arrange to meet with you at one of our 9 branches across Suffolk.

In the meantime, you may find it useful to look at our mortgage calculator to get an idea of what your monthly payment may be.

To apply for this product visit our Apply and Track section, or give our intermediary sales team a call on 0330 123 1073.

Representative example (this information is based on a typical application and not to your individual circumstances. It does not contain all of the details you need to choose a mortgage)

A mortgage of £189,000.00 payable over 25 years initially on a fixed rate until 31/12/2021 at 2.75% and then on our Standard Variable Rate currently at 5.74% for the remainder of the mortgage term would require 27 monthly payments of £874.35, followed by 273 monthly payments of £1,164.64. The total amount payable would be £342,048.17 made up of the loan amount plus interest (£152,019.17), an application fee of £199, a completion fee of £500, a valuation fee of £200, a mortgage funds release fee of £35 and a mortgage discharge fee of £95.

The overall cost for comparison is 5.3% APRC representative.

[This representative example is based on assumptions that the loan would start from 25 September 2019]

 

Later Life 2.50% 2 Year Discount Rate 75% LTV

About
Fees
Apply
Representative Example
  • VARIABLE RATE of 5.74% with a discount of 3.24% for 2 years from completion, giving a payable rate of 2.50% then changing to Ipswich Standard Variable Rate (currently 5.74%)
  • 5.4% APRC
  • Available for direct applicants in England and Wales, intermediaries in our heartland area and selected intermediary partners
  • Available for purchase and remortgage

11079, 67113, 67114

Completion Fee Application Fee (Payable with application and non-refundable) Valuation Fee (Payable with application) Higher Lending Charge CHAPS (Fee for transfer of funds to solicitor) Maximum Loan Amount
£500 £199 Purchase: based on property valuation. Remortgage: FREE (up to max property value £1m) - £35 £750k

Unlimited fee-free overpayments
No early repayment charge

To apply, please speak to one of our expert Mortgage Consultants, based in Ipswich, on 0330 123 0773 - we're happy to discuss your application over the telephone or, if you'd prefer, we can arrange to meet with you at one of our 9 branches across Suffolk.

In the meantime, you may find it useful to look at our mortgage calculator to get an idea of what your monthly payment may be.

To apply for this product visit our Apply and Track section, or give our intermediary sales team a call on 0330 123 1073.

Representative example (this information is based on a typical application and not to your individual circumstances. It does not contain all of the details you need to choose a mortgage)

A mortgage of £142,500.00 payable over 35 years initially on our Standard Variable Rate currently at 5.74% with a discount of 3.24% for 24 months, giving a current rate payable of 2.50%, then on our Standard Variable Rate for the remainder of the mortgage term would require 24 monthly payments of £511.34 and 396 monthly payments of £776.44.
The total amount payable would be £320,196.40 made up of the loan amount plus interest (£176,707.40), an application fee of £199, a completion fee of £500, a valuation fee of £160, a mortgage funds release fee of £35 and a mortgage exit fee of £95.

The overall cost for comparison is 5.4% APRC representative.

[This representative example is based on assumptions that the loan would start from 3 September 2018]

Later Life 2.75% 5 Year Discount Rate 75% LTV

About
Fees
Apply
Representative Example
  • VARIABLE RATE of 5.74% with a discount of 2.99% for 5 years from completion, giving a payable rate of 2.75% then changing to Ipswich Standard Variable Rate (currently 5.74%)
  • 4.9% APRC
  • Available for direct applicants in England and Wales, intermediaries in our heartland area and selected intermediary partners
  • Exclusvely for borrowers aged 50 or over
  • Available for purchase and remortgage

11096, 67137, 67138

Completion Fee Application Fee (Payable with application and non-refundable) Valuation Fee (Payable with application) Higher Lending Charge CHAPS (Fee for transfer of funds to solicitor) Maximum Loan Amount
£500 £199 Purchase: based on property valuation. Remortgage: FREE (up to max property value £1m) - £35 £750k

Up to 3 years from completion - no charge for overpayments of up to 50% of original loan amount
From 3 years from completion - unlimited fee-free overpayments
Early repayment charge period ends 3 years from completion
Overpayment of 50% or above - early repayment charge is 2% of the overpayment
Redemption - early repayment charge is 2% of the original loan amount

To apply, please speak to one of our expert Mortgage Consultants, based in Ipswich, on 0330 123 0773 - we're happy to discuss your application over the telephone or, if you'd prefer, we can arrange to meet with you at one of our 9 branches across Suffolk.

In the meantime, you may find it useful to look at our mortgage calculator to get an idea of what your monthly payment may be.

To apply for this product visit our Apply and Track section, or give our intermediary sales team a call on 0330 123 1073.

Representative example (this information is based on a typical application and not to your individual circumstances. It does not contain all of the details you need to choose a mortgage)

A mortgage of £142,500.00 payable over 35 years initially on our Standard Variable Rate currently at 5.74% with a discount of 2.99% for 5 years, giving a rate payable of 2.75% and then on our Standard Variable Rate currently at 5.74% for the remainder of the mortgage term would require 60 monthly payments of £530.71, followed by 360 monthly payments of £757.84. The total amount payable would be £305,119.00 made up of the loan amount plus interest (£161,630.00), an application fee of £199, a completion fee of £500, a valuation fee of £160, a mortgage funds release fee of £35 and a mortgage discharge fee of £95.

The overall cost for comparison is 4.9% APRC representative.

[This example is based on assumptions that the loan would start from 25 July 2019]

 

 

Buy to Let

Buy To Let 3.15% 2 Year Fixed Rate 80% LTV

About
Fees
Apply
Representative Example
  • FIXED RATE of 3.15% up until 31 December 2021 then changing to Ipswich Standard Variable Rate (currently 5.74%)
  • 5.4% APRC
  • Available for direct applicants in England and Wales and selected intermediary partners
  • For our Intermediary partners, products are available to Prestige members, selected partners nationally and all intermediaries based in Suffolk, Norfolk, Essex, Cambridgeshire, Bedfordshire and Hertfordshire. Selected partners include: Sesame (AR), PTFS (AR), Mortgage Intelligence (AR), Mortgage Next (AR), Life & Easy (AR), Intrinsic (AR), L&G Nouveau Members, L&G Nouveau2 Members, L&G (Selected Partners), SimplyBiz Mortgage.

29166, 29167, 29168 TSL - 29177, 29178, 29179

Completion Fee Application Fee (Payable with application and non-refundable) Valuation Fee (Payable with application) Higher Lending Charge CHAPS (Fee for transfer of funds to solicitor) Maximum Loan Amount
£950 £199 Purchase: based on property valuation.Remortgage: FREE up to a maximum property value of £1m. - £35 £500k

No charge for overpayments of up to 50% of original loan amount
Early repayment charge period ends 31 December 2021
Overpayment of 50% or above - early repayment charge is 3% of the overpayment
Redemption - early repayment charge is 3% of the original loan amount

For remortgage only: fee assisted legals

To apply, please speak to one of our expert Mortgage Consultants, based in Ipswich, on 0330 123 0773 - we're happy to discuss your application over the telephone or, if you'd prefer, we can arrange to meet with you at one of our 9 branches across Suffolk.

In the meantime, you may find it useful to look at our mortgage calculator to get an idea of what your monthly payment may be.

This product is available to Ipswich Building Society Prestige intermediaries, selected intermediary partners and intermediaries based in our heartland area.

Representative example (this information is based on a typical application and not to your individual circumstances. It does not contain all of the details you need to choose a mortgage):

A mortgage of £300,000.00 payable over 25 years initially on a fixed rate until 31/12/2021 at 3.15%, and then on our Standard Variable Rate currently at 5.74% for the remainder of the mortgage term would require 27 monthly payments of £1,446.15 followed by 273 monthly payments of £1,849.81. The total amount payable would be £545,593.18 made up of the loan amount plus interest (£244,044.18), an application fee of £199, a completion fee of £950, a valuation fee of £270, a mortgage funds release fee of £35 and a mortgage exit fee of £95.

The overall cost for comparison is 5.4% APRC representative.

[This representative example is based on assumptions that the loan would start from 20 September 2019]

 

 

 

Buy To Let 2.95% 2 Year Discount Rate 80% LTV

About
Fees
Apply
Representative Example
  • VARIABLE RATE currently 5.74% with a discount of 2.79% until 2 years from completion date then changing to Ipswich Standard Variable Rate (currently 5.74%)
  • 5.4% APRC
  • Available to direct applicants in England and Wales and selected intermediary partners.
  • For our Intermediary partners, products are available to Prestige members, selected partners nationally and all intermediaries based in Suffolk, Norfolk, Essex, Cambridgeshire, Bedfordshire, Hertfordshire and Buckinghamshire. Selected partners include: Sesame (AR), PTFS (AR), Mortgage Intelligence (AR), Mortgage Next (AR), Life & Easy (AR), Intrinsic (AR), L&G Nouveau Members, L&G Nouveau2 Members, L&G (Selected Partners), SimplyBiz Mortgage.

STANDARD - 24033, 24034, 24035
TOP SLICING - 24036, 24037, 24038

Completion Fee Application Fee (Payable with application and non-refundable) Valuation Fee (Payable with application) Higher Lending Charge CHAPS (Fee for transfer of funds to solicitor) Maximum Loan Amount
£950 £199 Based on property valuation. Remortgage: FREE (up to max property value £1m) - £35 £500k
  • No charge for overpayments of up to 50% of original loan amount
  • Early repayment charge period ends 2 years from completion date
  • Overpayment of 50% or above - early repayment charge is 1% of the overpayment
  • Redemption - early repayment charge is 1% of the original loan amount
  • For remortgage only: fee assisted legals

To apply, please speak to one of our expert Mortgage Consultants, based in Ipswich, on 0330 123 0773 - we're happy to discuss your application over the telephone or, if you'd prefer, we can arrange to meet with you at one of our 9 branches across Suffolk.

In the meantime, you may find it useful to look at our mortgage calculator to get an idea of what your monthly payment may be.

This product is exclusively available to Ipswich Building Society Prestige intermediaries and selected intermediary partners.

Representative example (this information is based on a typical application and not to your individual circumstances. It does not contain all of the details you need to choose a mortgage):

A mortgage of £266,250.00 payable over 25 years initially on our Standard Variable Rate currently at 5.74% with a discount of 2.79% for 24 months, giving a current rate payable of 2.95%, then on our Standard Variable Rate for the remainder of the mortgage term would require 24 monthly payments of £1,260.32, followed by 276 monthly payments of £1,648.79. The total amount payable would be £485,847.72 made up of the loan amount plus interest (£218,078.72), an application fee of £199, a completion fee of £950, a valuation fee of £240, a mortgage funds release fee of £35 and a mortgage discharge fee of £95.

The overall cost for comparison is 5.4% APRC representative.

[This representative example is based on assumptions that the loan would start from 3 September 2018]

LOW LOAN Buy to Let 2.95% 2 Year Fixed Rate 80% LTV

About
Fees
Apply
Representative Example
  • FIXED RATE of 2.95% until 31 December 2021 then changing to Ipswich Standard Variable Rate (currently 5.74%)
  • APRC 5.4%
  • Available to direct applicants in England and Wales, selected intermediary partners and all intermediaries based in Suffolk, Norfolk, Essex, Cambridgeshire, Bedfordshire, Hertfordshire and Buckinghamshire.
  • Available for Purchase and Remortgage

29169, 29170, 29181

Completion Fee Application Fee (Payable with application and non-refundable) Valuation Fee (Payable with application) Higher Lending Charge CHAPS (Fee for transfer of funds to solicitor) Maximum Loan Amount
0.5% of the advance £199 Purchase: based on property valuation. Remortgage: FREE (up to max property value £1m) - £35 £150,000

No charge for overpayments of up to 50% of original loan amount
Early repayment charge period ends 31 December 2021
Overpayment of 50% or above - Early Repayment Charge is 3% of the overpayment
Redemption - Early Repayment Charge is 3% of the original loan amount

For remortgage only - fee assisted legals

Minimum loan amount £75,000

To apply, please speak to one of our expert Mortgage Consultants, based in Ipswich, on 0330 123 0773 - we're happy to discuss your application over the telephone or, if you'd prefer, we can arrange to meet with you at one of our 9 branches across Suffolk.

In the meantime, you may find it useful to take a look at our mortgage calculator to get an idea of what your monthly payment may be.

To apply for this product visit our Apply and Track section, or give our intermediary sales team a call on 0330 123 1073.

Representative example (this information is based on a typical application and not to your individual circumstances. It does not contain all of the details you need to choose a mortgage)

A mortgage of £149,200.00 payable over 25 years initially on a fixed rate until 31/12/2021 at 2.95% and then on our Standard Variable Rate currently at 5.74% for the remainder of the mortgage term would require 27 monthly payments of £703.65, followed by 273 monthly payments of £918.40. The total amount payable would be £270,956.75 made up of the loan amount plus interest (£120,521.75), an application fee of £199, a completion fee of £746, a valuation fee of £160, a mortgage funds release fee of £35 and a mortgage discharge fee of £95.

The overall cost for comparison is 5.4% APRC representative.

[This representative example is based on assumptions that the loan would start from 20 September 2019]

 

 

Buy to Let 3.40% 5 Year Fixed Rate 80% LTV

About
Fees
Apply
Representative Example
  • FIXED RATE of 3.40% until 31 December 2024 then changing to Ipswich Standard Variable Rate (currently 5.74%)
  • APRC 4.9%
  • Available for Purchase and Remortgage
  • Available for direct applicants in England and Wales, selected partners nationally and all intermediaries based in Suffolk, Norfolk, Essex, Cambridgeshire, Bedfordshire, Hertfordshire and Buckinghamshire.
  • To establish if you/your network is a selected partner, please contact our Business Development Team on 0330 123 1073.

29159, 29160, 29161

Completion Fee Application Fee (Payable with application and non-refundable) Valuation Fee (Payable with application) Higher Lending Charge CHAPS (Fee for transfer of funds to solicitor) Maximum Loan Amount
£950 £199 Purchase: based on property valuation. Remortgage: FREE (up to max property value £1m) - £35 £500k

No charge for overpayments of up to 50% of original loan amount

Early repayment charge period ends 31 December 2024

Overpayment of 50% or above - Early Repayment Charge is 5% of the overpayment

Redemption - Early Repayment Charge is 5% of the original loan amount

For remortgage only - fee assisted legals

To apply, please speak to one of our expert Mortgage Consultants, based in Ipswich, on 0330 123 0773 - we're happy to discuss your application over the telephone or, if you'd prefer, we can arrange to meet with you at one of our 9 branches across Suffolk.

In the meantime, you may find it useful to look at our mortgage calculator to get an idea of what your monthly payment may be.

To apply for this product visit our Apply and Track section, or give our intermediary sales team a call on 0330 123 1073.

Representative example (this information is based on a typical application and not to your individual circumstances. It does not contain all of the details you need to choose a mortgage)

A mortgage of £300,000.00 payable over 25 years initially on a fixed rate until 31/12/2024 at 3.40% and then on our Standard Variable Rate currently at 5.74% for the remainder of the mortgage term would require 63 monthly payments of £1,485.83, followed by 237 monthly payments of £1,809.67. The total amount payable would be £524,048.08 made up of the loan amount plus interest (£222,499.08), an application fee of £199, a completion fee of £950, a valuation fee of £270, a mortgage funds release fee of £35 and a mortgage discharge fee of £95.

The overall cost for comparison is 4.9% APRC representative.

[This representative example is based on assumptions that the loan would start from 20 September 2019]

 

 

 

 

Self Employed and Contractor

Self Employed 3.09% 2 Year Fixed Rate 90% LTV

About
Fees
Apply
Representative Example
  • FIXED RATE of 3.09% until 31 December 2021 then changing to Ipswich Standard Variable Rate (currently 5.74%)
  • 5.4% APRC
  • Available for direct applicants in England and Wales
  • For our Intermediary partners, products are available to Prestige members, selected partners nationally and all intermediaries based in Suffolk, Norfolk, Essex, Cambridgeshire, Bedfordshire, Hertfordshire and Buckinghamshire.
  • To establish if you/your network is a selected partner, please contact our Intermediary Sales Team on 0330 123 1073.

Self employed - specialist

  • For applicants working in skilled manual roles, eg. electrician, plumber, mechanic or engineer
  • Minimum 1 years' accounts. applicants must be in the same line of work as that carried out for the previous 3 years

Self employed - professional

  • For applicants working in professional roles, e.g teacher, dentist, doctor or accountant
  • Working as part of an established partnership (of at least 3 years)
  • For those with 1 years' accounts we consider up to 90% LTV
  • For less than 1 years' accounts and an established firm we consider up to 75% LTV

Self employed - contractor

  • For contractors with at least 12 months' contract history in the same role
  • Excludes Construction Industry Scheme (CIS) contractors

SPE: 11080, 67115, 67116 PRO: 11082, 67119, 67120 CON: 11081, 67117, 67118

Completion Fee Application Fee (Payable with application and non-refundable) Valuation Fee (Payable with application) Higher Lending Charge CHAPS (Fee for transfer of funds to solicitor) Maximum Loan Amount
£800 £199 Purchase: based on property value. Remortgage: FREE (up to a maximum property value of £1m) - £35 £500k

Fee free overpayments up to 50% of original loan

For overpayments over 50%, early repayment charge is 1% of the overpayment

Early repayment charge period ends 2 years from completion date

For remortgage only: fee assisted legals

To apply, please speak to one of our expert Mortgage Consultants, based in Ipswich, on 0330 123 0773 - we're happy to discuss your application over the telephone or, if you'd prefer, we can arrange to meet with you at one of our 9 branches across Suffolk.

In the meantime, you may find it useful to look at our mortgage calculator to get an idea of what your monthly payment may be.

To apply for this product visit our Apply and Track section, or give our intermediary sales team a call on 0330 123 1073.

Representative example (this information is based on a typical application and not to your individual circumstances. It does not contain all of the details you need to choose a mortgage):

A mortgage of £189,000.00 payable over 25 years initially on a fixed rate until 31/12/2021 at 3.09%, and then on our Standard Variable Rate currently at 5.74% for the remainder of the mortgage term would require 27 monthly payments of £905.13 followed by 273 monthly payments of £1,164.79. The total amount payable would be £343,735.18 made up of the loan amount plus interest (£153,426.18), an application fee of £199, a completion fee of £800, a valuation fee of £180, a mortgage funds release fee of £35 and a mortgage exit fee of £95.

The overall cost for comparison is 5.4% APRC representative.

[This representative example is based on assumptions that the loan would start from 17 September 2019]

Self Employed 2.84% 2 Year Discount Rate 90% LTV

About
Fees
Apply
Representative Example
  • VARIABLE RATE currently 5.74% with a discount of 2.90% until 2 years from completion then changing to Ipswich Standard Variable Rate
  • 5.5% APRC
  • Available for direct applicants in England and Wales
  • For our Intermediary partners, products are available to Prestige members, selected partners nationally and all intermediaries based in Suffolk, Norfolk, Essex, Cambridgeshire, Bedfordshire, Hertfordshire and Buckinghamshire.
  • To establish if you/your network is a selected partner, please contact our Intermediary Sales Team on 0330 123 1073.

Self employed - specialist

  • For applicants working in skilled manual roles, eg. electrician, plumber, mechanic or engineer
  • Minimum 1 years' accounts. applicants must be in the same line of work as that carried out for the previous 3 years

Self employed - professional

  • For applicants working in professional roles, e.g teacher, dentist, doctor or accountant
  • Working as part of an established partnership (of at least 3 years)
  • For those with 1 years' accounts we consider up to 90% LTV
  • For less than 1 years' accounts and an established firm we consider up to 75% LTV

Self employed - contractor

  • For contractors with at least 12 months' contract history in the same role
  • Excludes Construction Industry Scheme (CIS) contractors

SPE: 15180, 72256, 72257 PRO: 15181, 72258, 72259 CON: 15182, 72260, 72261

Completion Fee Application Fee (Payable with application and non-refundable) Valuation Fee (Payable with application) Higher Lending Charge CHAPS (Fee for transfer of funds to solicitor) Maximum Loan Amount
£800 £199 Purchase: based on property value. Remortgage: FREE (up to max property value of £1m) - £35 £500k

Fee free overpayments up to 50% of original loan

For overpayments over 50%, early repayment charge is 1% of the overpayment

Early repayment charge period ends 2 years from completion date

For remortgage only: fee assisted legals

To apply, please speak to one of our expert Mortgage Consultants, based in Ipswich, on 0330 123 0773 - we're happy to discuss your application over the telephone or, if you'd prefer, we can arrange to meet with you at one of our 9 branches across Suffolk.

In the meantime, you may find it useful to look at our mortgage calculator to get an idea of what your monthly payment may be.

To apply for this product visit our Apply and Track section, or give our intermediary sales team a call on 0330 123 1073.

Representative example (this information is based on a typical application and not to your individual circumstances. It does not contain all of the details you need to choose a mortgage):

A mortgage of £142,500.00 payable over 35 years initially on our Standard Variable Rate currently at 5.74% with a discount of 2.90%, giving a current rate payable of 2.84% until 2 years from completion and then on our Standard Variable Rate for the remainder of the mortgage term would require 24 monthly payments of £538.91 followed by 396 monthly payments of £779.94.
The total amount payable would be £322,244.08 made up of the loan amount plus interest (£178,455.08), an application fee of £199, a completion fee of £800, a valuation fee of £160, a mortgage funds release fee of £35 and a mortgage discharge fee of £95.

The overall cost for comparison is 5.5% APRC representative.

[This representative example is based on assumptions that the loan would start from 3 September 2018]

 

Self Build

Self Build 3.99% 2 Year Discount Rate 80% LTV

About
Fees
Apply
Representative Example
  • VARIABLE RATE currently 5.74% with a discount of 1.75% until 2 years from completion date then changing to Ipswich Standard Variable Rate (currently 5.74%)
  • 5.6% APRC
  • For purchase or remortgage
  • Available for direct applicants in England and Wales, selected partners nationally and all intermediaries based in Suffolk, Norfolk, Essex, Cambridgeshire, Bedfordshire, Hertfordshire and Buckinghamshire.
  • To establish if you/your network is a selected partner, please contact our Business Development Team on 0330 123 1073.

46040, 46039

Completion Fee Application Fee (Payable with application and non-refundable) Valuation Fee (Payable with application) Higher Lending Charge CHAPS (Fee for transfer of funds to solicitor) Maximum Loan Amount
£1,000 £199 Based on property valuation - £35 £750k

No charge for overpayments of up to 50% of original loan amount

Early repayment charge period ends 12 months from date of completion

Fee-free overpayments up to 50% of the loan

Redemption - early repayment charge is 3% for 12 months followed by 0% for 12 months

To apply, please speak to one of our expert Mortgage Consultants, based in Ipswich, on 0330 123 0773 - we're happy to discuss your application over the telephone or, if you'd prefer, we can arrange to meet with you at one of our 9 branches across Suffolk.

In the meantime, you may find it useful to look at our mortgage calculator to get an idea of what your monthly payment may be.

Representative example (this information is based on a typical application and not to your individual circumstances. It does not contain all of the details you need to choose a mortgage):

A mortgage of £110,000.00 payable over 15 years on our Standard Variable Rate currently at 5.74% with a discount of 1.75% , giving a current rate payable of 3.99% until 2 years from completion then our Standard Variable Rate for remainder of the mortgage term would require 24 monthly payments of £813.11 followed by 156 monthly payments of £900.60. The total amount payable would be £161,462.24 made up of loan amount plus interest (£50,008.24), an application fee of £199, a completion fee of £1,000, a valuation fee of £125, a mortgage funds release fee of £35 and a mortgage exit fee of £95.

The overall cost for comparison is 5.6% APRC representative.

[This representative example is based on assumptions that the loan would start from 10 June 2019]

 

Shared Ownership

Shared Ownership 3.40% 2 Year Fixed Rate 95% Share

About
Fees
Apply
Representative Example
  • FIXED RATE of 3.40% until 31 December 2021 then changing to Ipswich Standard Variable Rate (currently 5.74%)
  • APRC 5.4%
  • Available to direct applicants in England and Wales, Prestige Club intermediaries and specially selected intermediary partners
  • Available for Purchase or Remortgage (staircasing considered)
  • Minimum loan amount £75k

40102, 40103, 40104

Completion Fee Application Fee (Payable with application and non-refundable) Valuation Fee (Payable with application) Higher Lending Charge CHAPS (Fee for transfer of funds to solicitor) Maximum Loan Amount
FREE FREE FREE (up to max property value £1m) - FREE £500k

No charge for overpayments of up to 50% of original loan amount
Early repayment charge period ends 31 December 2021
Overpayment of 50% or above - Early Repayment Charge is 3% of the overpayment
Redemption - Early Repayment Charge is 3% of the original loan amount

For remortgage only - fee assisted legals (excluding staircasing)

To apply, please speak to one of our expert Mortgage Consultants, based in Ipswich, on 0330 123 0773 - we're happy to discuss your application over the telephone or, if you'd prefer, we can arrange to meet with you at one of our 9 branches across Suffolk.

In the meantime, you may find it useful to take a look at our mortgage calculator to get an idea of what your monthly payment may be.

To apply for this product visit our Apply and Track section, or give our intermediary sales team a call on 0330 123 1073.

Representative example (this information is based on a typical application and not to your individual circumstances. It does not contain all of the details you need to choose a mortgage)

EXCLUSIVE PRODUCT: An increased minimum loan size of £75,000 applies. A mortgage of £76,000.00 payable over 25 years initially on a fixed rate until 31/12/2021 at 3.40% and then on our Standard Variable Rate currently at 5.74% for the remainder of the mortgage term would require 27 monthly payments of £376.41, followed by 273 monthly payments of £469.57. The total amount payable would be £138,450.68 made up of the loan amount plus interest (£62,355.68) and a mortgage discharge fee of £95.

The overall cost for comparison is 5.4% APRC representative.

[This representative example is based on assumptions that the loan would start from 20 September 2019]

 

Shared Ownership 2.99% 2 Year Discount Rate 95% Share

About
Fees
Apply
Representative Example
  • VARIABLE RATE of 5.74% with a discount of 2.75% giving a payable rate of 2.99% until 2 years from completion then changing to Ipswich Standard Variable Rate (currently 5.74%)
  • APRC 5.4%
  • Available to direct applicants in England and Wales, Prestige Club intermediaries and specially selected intermediary partners
  • Available for Purchase or Remortgage (staircasing considered)
  • Minimum loan amount £100k

35035, 35036, 35037

Completion Fee Application Fee (Payable with application and non-refundable) Valuation Fee (Payable with application) Higher Lending Charge CHAPS (Fee for transfer of funds to solicitor) Maximum Loan Amount
FREE FREE FREE (up to max property value £1m) - FREE £500k

No charge for overpayments of up to 50% of original loan amount
Early repayment charge period ends 2 years from date of completion
Overpayment of 50% or above - Early Repayment Charge is 1% of the overpayment
Redemption - Early Repayment Charge is 1% of the original loan amount

For remortgage only - fee assisted legals (excluding staircasing)

To apply, please speak to one of our expert Mortgage Consultants, based in Ipswich, on 0330 123 0773 - we're happy to discuss your application over the telephone or, if you'd prefer, we can arrange to meet with you at one of our 9 branches across Suffolk.

In the meantime, you may find it useful to take a look at our mortgage calculator to get an idea of what your monthly payment may be.

To apply for this product visit our Apply and Track section, or give our intermediary sales team a call on 0330 123 1073.

Representative example (this information is based on a typical application and not to your individual circumstances. It does not contain all of the details you need to choose a mortgage)

EXCLUSIVE PRODUCT: An increased minimum loan size of £75,000 applies.

A mortgage of £76,000.00 payable over 25 years on our Standard Variable Rate currently at 5.74% with a discount of 2.75%, giving a current rate payable of 2.99% until 2 years from completion then our Standard Variable Rate for remainder of the mortgage term would require 24 monthly payments of £360.01 followed by 276 monthly payments of £469.04. The total amount payable would be £138,190.28 made up of loan amount plus interest (£62,095.28) and a mortgage discharge fee of £95.

The overall cost for comparison is 5.4% APRC representative.

[This representative example is based on assumptions that the loan would start from 4 March 2019]

Shared Ownership 3.50% 2 Year Fixed Rate 95% Share

About
Fees
Apply
Representative Example
  • FIXED RATE of 3.50% up until 31 December 2021 then changing to Ipswich Standard Variable Rate (currently 5.74%)
  • 5.4% APRC
  • Available for direct applicants in England and Wales, selected partners nationally and all intermediaries based in Suffolk, Norfolk, Essex, Cambridgeshire, Bedfordshire, Hertfordshire and Buckinghamshire.
  • To establish if you/your network is a selected partner, please contact our Business Development Team on 0330 123 1073
  • Minimum loan amount £50k

40099, 40100, 40101

 

Completion Fee Application Fee (Payable with application and non-refundable) Valuation Fee (Payable with application) Higher Lending Charge CHAPS (Fee for transfer of funds to solicitor) Maximum Loan Amount
FREE FREE Based on property valuation. Remortgage: FREE (up to max property value £1m) - FREE £500k

No charge for overpayments of up to 50% of original loan amount
Early repayment charge period ends 31 December 2021
Overpayment of 50% or above - early repayment charge is 3% of the overpayment
Redemption - early repayment charge is 3% of the original loan amount

For remortgage only - fee assisted legals (excluding staircasing)

To apply, please speak to one of our expert Mortgage Consultants, based in Ipswich, on 0330 123 0773 - we're happy to discuss your application over the telephone or, if you'd prefer, we can arrange to meet with you at one of our 9 branches across Suffolk.

In the meantime, you may find it useful to look at our mortgage calculator to get an idea of what your monthly payment may be.

Representative example:

A mortgage of £76,00.00 payable over 25 years initially on a fixed rate until 31/12/2021 at 3.50% and then on our Standard Variable Rate currently at 5.74% for the remainder of the mortgage term would require 27 monthly payments of £380.47, followed by 273 monthly payments of £469.95. The total amount payable would be £138,779.04 made up of the loan amount plus interest (£62,569.04), a valuation fee of £115 and a mortgage discharge fee of £95.

The overall cost for comparison is 5.4% APRC representative.

[This representative example is based on assumptions that the loan would start from 20 September 2019]

 

 

Shared Ownership 3.25% 2 Year Discount Rate 95% Share

About
Fees
Apply
Representative Example
  • VARIABLE RATE currently 5.74% with a discount of 2.49% until 2 years from completion date then changing to Ipswich Standard Variable Rate
  • 5.4% APRC
  • Available to Intermediary partners, selected partners nationally and all intermediaries based in Suffolk, Norfolk, Essex, Cambridgeshire, Bedfordshire and Hertfordshire. Selected partners include: Sesame (AR), PTFS (AR), Mortgage Intelligence (AR), Mortgage Next (AR), Life & Easy (AR), Intrinsic (AR), L&G Nouveau Members, L&G Nouveau2 Members, L&G (Selected Partners), SimplyBiz Mortgage.
  • To establish if you/your network is a selected partner, please contact our Intermediary Sales Team on 0330 123 1073.
  • Minimum loan amount £50k

35032, 35033, 35034

Completion Fee Application Fee (Payable with application and non-refundable) Valuation Fee (Payable with application) Higher Lending Charge CHAPS (Fee for transfer of funds to solicitor) Maximum Loan Amount
FREE FREE Based on property valuation. Remortgage: FREE (up to max property value £1m) - FREE £500k
  • Free free overpayments up to 50% of original loan
  • For overpayments over 50%, early repayment charge is 1% of the overpayment
  • Early repayment charge period ends 2 years from completion date

For remortgage only - fee assisted legals (excluding staircasing)

To apply, please speak to one of our expert Mortgage Consultants, based in Ipswich, on 0330 123 0773 - we're happy to discuss your application over the telephone or, if you'd prefer, we can arrange to meet with you at one of our 9 branches across Suffolk.

In the meantime, you may find it useful to look at our mortgage calculator to get an idea of what your monthly payment may be.

Representative example:

A mortgage of £76,000.00 payable over 25 years on our Standard Variable Rate currently at 5.74% with a discount of 2.49%, giving a current rate payable of 3.25% until 2 years from completion then our Standard Variable Rate for remainder of the mortgage term would require 24 monthly payments of £370.36 followed by 276 monthly payments of £469.96. The total amount payable would be £138,807.60 made up of loan amount plus interest (£62,597.60), a valuation fee of £115 and a mortgage discharge fee of £95.

The overall cost for comparison is 5.4% APRC representative.

[This representative example is based on assumptions that the loan would start from 12 March 2019]

 

Like-for-like remortgages

At Ipswich Building Society we have designed a range of products for mortgage holders who have been unable to remortgage away from their current lender since industry-wide affordability stress tests were introduced in 2014.

Our like-for-like remortgage range provides greater opportunity for these borrowers with lower affordability assessment on application, calculated at product pay rate only and not at a ‘stressed’ rate. This more flexible approach is made possible under the Financial Conduct Authority’s current rules and means the mortgage may be deemed more affordable than a standard remortgage product.

Applicants must have been with their lender for two years or more, must be up to date with their repayments, and must not be borrowing additional funds.

LIKE-FOR-LIKE 2.55% Residential 2 Year Discount Rate 80% LTV

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Fees
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Representative Example
  • VARIABLE RATE of 5.74% with a discount of 3.19% until 2 years from completion date, then changing to Ipswich Standard Variable Rate (currently 5.74%)
  • 5.5% APRC
  • Available for direct applicants in England and Wales, intermediaries in our heartland area and selected intermediary partners
  • Available for remortgage ONLY
  • Applicants must have been with their current lender for 2 years or more, not be borrowing more than their current loan and have a good credit history

67134, 67135

Completion Fee Application Fee (Payable with application and non-refundable) Valuation Fee (Payable with application) Higher Lending Charge CHAPS (Fee for transfer of funds to solicitor) Maximum Loan Amount
£800 £199 FREE (up to max property value £1m) - £35 £750k

Fee assisted legals

Fee free overpayments up to 50% of original loan amount

Overpayment of 50% or above - early repayment charge is 1% of the overpayment

Early redemption - early repayment charge is 1% of the original loan amount

Early Repayment Charge period ends 2 years from completion date

To apply, please speak to one of our expert Mortgage Consultants, based in Ipswich, on 0330 123 0773 - we're happy to discuss your application over the telephone or, if you'd prefer, we can arrange to meet with you at one of our 9 branches across Suffolk.

In the meantime, you may find it useful to look at our mortgage calculator to get an idea of what your monthly payment may be.

To apply for this product visit our Apply and Track section, or give our intermediary sales team a call on 0330 123 1073.

Representative example (this information is based on a typical application and not to your individual circumstances. It does not contain all of the details you need to choose a mortgage)

A mortgage of £142,500.00 payable over 35 years on our Standard Variable Rate currently at 5.74% with a discount of 3.19%, giving a current rate payable of 2.55% for 24 months and then our Standard Variable Rate for the remainder of the mortgage term would require 24 monthly payments of £513.26 followed by 396 monthly payments of £773.81. The total amount payable would be £319,876.00 made up of the loan amount plus interest (£176,247.00), an application fee of £199, a completion fee of £800, a mortgage funds release fee of £35 and a mortgage exit fee of £95.

The overall cost for comparison is 5.5% APRC representative.

[This representative example is based on assumptions that the loan would start from 18 June 2019]

 

 

LIKE-FOR-LIKE 2.80% Residential 2 Year Fixed Rate 80% LTV

About
Fees
Apply
Representative Example
  • FIXED RATE of 2.80% until 31 December 2021 then changing to Ipswich Standard Variable Rate (currently 5.74%)
  • 5.3% APRC
  • Available for direct applicants in England and Wales, intermediaries in our heartland area and selected intermediary partners
  • Available for remortgage ONLY
  • Applicants must have been with their current lender for 2 years or more, not be borrowing more than their current loan and have a good credit history

72267, 72268

Completion Fee Application Fee (Payable with application and non-refundable) Valuation Fee (Payable with application) Higher Lending Charge CHAPS (Fee for transfer of funds to solicitor) Maximum Loan Amount
£800 £199 FREE (up to max property value £1m) - £35 £750k

Fee assisted legals

Fee free overpayments up to 50% of original loan amount

Overpayment of 50% or above - early repayment charge is 3% of the overpayment

Early redemption - early repayment charge is 3% of the original loan amount

Early Repayment Charge period ends 31 December 2021

To apply, please speak to one of our expert Mortgage Consultants, based in Ipswich, on 0330 123 0773 - we're happy to discuss your application over the telephone or, if you'd prefer, we can arrange to meet with you at one of our 9 branches across Suffolk.

In the meantime, you may find it useful to look at our mortgage calculator to get an idea of what your monthly payment may be.

To apply for this product visit our Apply and Track section, or give our intermediary sales team a call on 0330 123 1073.

Representative example (this information is based on a typical application and not to your individual circumstances. It does not contain all of the details you need to choose a mortgage)

A mortgage of £189,000.00 payable over 25 years initially on a fixed rate of 2.80% until 31/12/2021 and then on our Standard Variable Rate currently at 5.74% for the remainder of the mortgage term would require 27 monthly payments of £876.72 followed by 273 monthly payments of £1,161.87. The total amount payable would be £341,990.95 made up of the loan amount plus interest (£151,861.95), an application fee of £199, a completion fee of £800, a mortgage funds release fee of £35 and a mortgage exit fee of £95.

The overall cost for comparison is 5.3% APRC representative.

[This representative example is based on assumptions that the loan would start from 20 September 2019]

 

 

 

LIKE-FOR-LIKE 2.50% Later Life 2 Year Discount Rate 75% LTV

About
Fees
Apply
Representative Example
  • VARIABLE RATE of 5.74% with a discount of 3.24% until 2 years from completion date, then changing to Ipswich Standard Variable Rate (currently 5.74%)
  • 5.4% APRC
  • Available for direct applicants in England and Wales, intermediaries in our heartland area and selected intermediary partners
  • Available for remortgage ONLY
  • Applicants must have been with their current lender for 2 years or more, not be borrowing more than their current loan and have a good credit history

67130, 67131

Completion Fee Application Fee (Payable with application and non-refundable) Valuation Fee (Payable with application) Higher Lending Charge CHAPS (Fee for transfer of funds to solicitor) Maximum Loan Amount
£500 £199 FREE (up to max property value £1m) - £35 £750k

Fee assisted legals

Unlimited fee-free overpayments

To apply, please speak to one of our expert Mortgage Consultants, based in Ipswich, on 0330 123 0773 - we're happy to discuss your application over the telephone or, if you'd prefer, we can arrange to meet with you at one of our 9 branches across Suffolk.

In the meantime, you may find it useful to look at our mortgage calculator to get an idea of what your monthly payment may be.

To apply for this product visit our Apply and Track section, or give our intermediary sales team a call on 0330 123 1073.

Representative example (this information is based on a typical application and not to your individual circumstances. It does not contain all of the details you need to choose a mortgage)

A mortgage of £142,500.00 payable over 35 years initially on our Standard Variable Rate currently at 5.74% with a discount of 3.24% for 24 months, giving a current rate payable of 2.50%, then on our Standard Variable Rate for the remainder of the mortgage term would require 24 monthly payments of £509.43 and 396 monthly payments of £773.53. The total amount payable would be £319,373.20 made up of the loan amount plus interest (£176,044.20), an application fee of £199, a completion fee of £500, a mortgage funds release fee of £35 and a mortgage exit fee of £95.

The overall cost for comparison is 5.4% APRC representative.

[This example is based on assumptions that the loan would start from 7 May 2019]

 

LIKE-FOR-LIKE 2.75% Later Life 2 Year Fixed Rate 75% LTV

About
Fees
Apply
Representative Example
  • FIXED RATE of 2.75% until 31 December 2021 then changing to Ipswich Standard Variable Rate (currently 5.74%)
  • 5.3% APRC
  • Available for direct applicants in England and Wales, intermediaries in our heartland area and selected intermediary partners
  • Available for remortgage ONLY
  • Applicants must have been with their current lender for 2 years or more, not be borrowing more than their current loan and have a good credit history

72269, 72270

Completion Fee Application Fee (Payable with application and non-refundable) Valuation Fee (Payable with application) Higher Lending Charge CHAPS (Fee for transfer of funds to solicitor) Maximum Loan Amount
£500 £199 FREE (up to max property value £1m) - £35 £750k

Fee assisted legals

Fee free overpayments up to 50% of original loan amount

Overpayment of 50% or above - early repayment charge is 3% of the overpayment

Early redemption - early repayment charge is 3% of the original loan amount

Early Repayment Charge period ends 31 December 2021

To apply, please speak to one of our expert Mortgage Consultants, based in Ipswich, on 0330 123 0773 - we're happy to discuss your application over the telephone or, if you'd prefer, we can arrange to meet with you at one of our 9 branches across Suffolk.

In the meantime, you may find it useful to look at our mortgage calculator to get an idea of what your monthly payment may be.

To apply for this product visit our Apply and Track section, or give our intermediary sales team a call on 0330 123 1073.

Representative example (this information is based on a typical application and not to your individual circumstances. It does not contain all of the details you need to choose a mortgage)

A mortgage of £189,000.00 payable over 25 years initially on a fixed rate until 31/12/2021 at 2.75% and then on our Standard Variable Rate currently at 5.74% for the remainder of the mortgage term would require 27 monthly payments of £871.88, followed by 273 monthly payments of £1,161.35. The total amount payable would be £341,418.31 made up of the loan amount plus interest (£151,589.31), an application fee of £199, a completion fee of £500, a mortgage funds release fee of £35 and a mortgage discharge fee of £95.

The overall cost for comparison is 5.3% APRC representative.

[This representative example is based on assumptions that the loan would start from 20 September 2019]

 

 

 

 

LIKE-FOR-LIKE 3.15% Shared Ownership 2 Year Fixed Rate 90% Share

About
Fees
Apply
Representative Example
  • FIXED RATE of 3.15% until 31 December 2021 then changing to Ipswich Standard Variable Rate (currently 5.74%)
  • 5.3% APRC
  • Available for direct applicants in England and Wales, intermediaries in our heartland area and selected intermediary partners
  • Available for remortgage ONLY
  • Applicants must have been with their current lender for 2 years or more, not be borrowing more than their current loan and have a good credit history

40107

Completion Fee Application Fee (Payable with application and non-refundable) Valuation Fee (Payable with application) Higher Lending Charge CHAPS (Fee for transfer of funds to solicitor) Maximum Loan Amount
FREE FREE FREE - FREE £500k

Fee assisted legals

Fee free overpayments up to 50% of original loan amount

Overpayment of 50% or above - early repayment charge is 3% of the overpayment

Early redemption - early repayment charge is 3% of the original loan amount

Early Repayment Charge period ends 31 December 2021

Minimum loan amount: £75k

To apply, please speak to one of our expert Mortgage Consultants, based in Ipswich, on 0330 123 0773 - we're happy to discuss your application over the telephone or, if you'd prefer, we can arrange to meet with you at one of our 9 branches across Suffolk.

In the meantime, you may find it useful to look at our mortgage calculator to get an idea of what your monthly payment may be.

To apply for this product visit our Apply and Track section, or give our intermediary sales team a call on 0330 123 1073.

Representative example (this information is based on a typical application and not to your individual circumstances. It does not contain all of the details you need to choose a mortgage)

EXCLUSIVE PRODUCT: An increased minimum loan size of £75,000 applies.

A mortgage of £76,000.00 payable over 25 years initially on a fixed rate until 31/12/2021 at 3.15% and then on our Standard Variable Rate currently at 5.74% for the remainder of the mortgage term would require 27 monthly payments of £366.36, followed by 273 monthly payments of £468.59. The total amount payable would be £137,911.79 made up of the loan amount plus interest (£61,816.79) and a mortgage discharge fee of £95.

The overall cost for comparison is 5.3% APRC representative.

[This representative example is based on assumptions that the loan would start from 20 September 2019]

 

 

LIKE-FOR-LIKE 3.25% Shared Ownership 2 Year Fixed Rate 90% Share

About
Fees
Apply
Representative Example
  • FIXED RATE of 3.25% until 31 December 2021 then changing to Ipswich Standard Variable Rate (currently 5.74%)
  • 5.4% APRC
  • Available for direct applicants in England and Wales, intermediaries in our heartland area and selected intermediary partners
  • Available for remortgage ONLY
  • Applicants must have been with their current lender for 2 years or more, not be borrowing more than their current loan and have a good credit history

40106

Completion Fee Application Fee (Payable with application and non-refundable) Valuation Fee (Payable with application) Higher Lending Charge CHAPS (Fee for transfer of funds to solicitor) Maximum Loan Amount
FREE FREE FREE - FREE £500k

Fee assisted legals

Fee free overpayments up to 50% of original loan amount

Overpayment of 50% or above - early repayment charge is 3% of the overpayment

Early redemption - early repayment charge is 3% of the original loan amount

Early Repayment Charge period ends 31 December 2021

Minimum loan amount: £50k

To apply, please speak to one of our expert Mortgage Consultants, based in Ipswich, on 0330 123 0773 - we're happy to discuss your application over the telephone or, if you'd prefer, we can arrange to meet with you at one of our 9 branches across Suffolk.

In the meantime, you may find it useful to look at our mortgage calculator to get an idea of what your monthly payment may be.

To apply for this product visit our Apply and Track section, or give our intermediary sales team a call on 0330 123 1073.

Representative example (this information is based on a typical application and not to your individual circumstances. It does not contain all of the details you need to choose a mortgage)

A mortgage of £76,00.00 payable over 25 years initially on a fixed rate until 31/12/2021 at 3.25% and then on our Standard Variable Rate currently at 5.74% for the remainder of the mortgage term would require 27 monthly payments of £370.36, followed by 273 monthly payments of £468.98. The total amount payable would be £138,126.26 made up of the loan amount plus interest (£62,031.26), and a mortgage discharge fee of £95.

The overall cost for comparison is 5.4% APRC representative.

[This representative example is based on assumptions that the loan would start from 20 September 2019]

 

 

Why remortgage with us?

lighthouse

Competitive products

We have a range of mortgage products that may suit your needs.

sunflower2

Do you have a good credit history?

We don't use automated credit scoring to assess your suitability, but we do expect a good credit history.

housekeeping

Early repayment charges

You can over pay by up to 50% with our mortgages and not incur any early repayment charges. See the tabs above to check this and other charges.

half built

Unusual construction

We know houses, just like people come in all shapes and sizes and materials! We can consider a range of construction types as well as the 'yet to be built'.

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

Your home may be repossessed if you do not keep up repayments on your mortgage.