3 Year Discounted Rate - DID096 - up to 90% LTV

Your home may be repossessed if you do not keep up repayments on your mortgage
Mortgage Product Term Initial Rate1 Overall Cost for Comparison2 Max LTV3 ERC4 Product Fees
3 Year Discounted Rate - DID096 3 years Currently 3.43% 5.3% APR 90% 3% £199 application fee, £800 completion fee

Loan Size

Minimum £25,000. Maximum £300,000.

Up to 90% of the purchase price or valuation, whichever is the lower, exclusive of the completion fee.


Available for house purchase or remortgages ie mortgage transfers from another lender. 

Subject to residential owner-occupation on property located in England or Wales and our lending criteria. 


Standard Variable Rate (SVR) discounted by 2.16% for the first 3 years, then pay the SVR for the rest of the mortgage term - currently 5.59%.

Basic valuation fee refunded on completion up to a maximum of £400.

A repayment of capital up to a maximum of 10% of the agreed advance will be allowed each year during the discounted period.  Any additional capital payment made in any year during the discounted period will incur an early repayment charge of 3% of the excess amount.

Repayment options: Capital repayment. Interest only is also available provided the loan to value does not exceed 75%. Part capital repayment/part interest only is available subject to the interest only element not exceeding 75%.  Evidence of an acceptable repayment strategy to repay any interest only element of the loan must be available on application.

Higher lending charge paid by Society.

Interest calculated daily.

Early Repayment Charges & Conditions

Minimum Rate Payable

Minimum rate payable of 2% will apply during the discounted period.

Early Repayment Charges

An early repayment charge equivalent to 3% of the agreed advance including any fees added will be made if the mortgage is redeemed at any time during the first 3 years.  If a new consecutive mortgage for at least the same amount as the total mortgage balance outstanding is taken out with us then any early repayment charge will be waived.  If a new mortgage for at least the same amount as the total mortgage balance outstanding is taken out within 3 months of full repayment then any early repayment charge will be refunded to you.


We require a non-refundable application fee of £199 at the time of application in order to proceed. In addition, a £800 completion fee is payable before completion. The fee may be paid by debit or credit card without incurring additional charges.

Customers may positively elect to add the completion fee to the loan amount.  If the completion fee is added to the loan amount this will become interest bearing and will be reflected in the monthly repayment over the term of the mortgage.


This mortgage is not portable to another property.


Available up to a maximum repayment term of 35 years subject to the loan being repaid before the oldest applicant reaches the age of 70.

This scheme is subject to availability and may be withdrawn at any time. 

About Our Mortgages

All of our mortgage applications are individually underwritten by experienced underwriters. We don't do automated credit scoring because we believe it's more flexible and personal.

To get an indication of whether this mortgage is right for you, you can use our repayment calculator to see what the potential monthly repayments might be.

Repayment Calculator

How to Apply

All of our mortgages are available through our qualified sales team and selected mortgages are available to apply for online from our ClickMansfield Service.

Please note that any online mortgage applications are not protected by the Financial Conduct Authority and are considered as Execution Only. Advised sales via our sales team and brokers will still be protected.

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1 The Initial Rate is the rate available during the initial term of the mortgage. Once the initial rate term has expired, the mortgage will revert to our Standard Variable Rate (SVR).

Our SVR is set by us and is currently 5.59%, as a variable rate it may go up or down.

2 The Overall Cost for Comparison is given as the Annual Percentage Rate (APR) and includes all charges incurred relating to the mortgage. It is an interest rate that all lenders must quote on mortgage related financial promotions when an interest rate is mentioned. The APR is intended to help you as a borrower compare the interest rates on different products.

3 Like all other mortgage lenders, we will allow you to borrow against a proportion of the overall property value. This is known as Loan to Value (LTV) and is expressed as a percentage. For example, if you want to purchase a property at £100,000 and you would like to borrow £85,000, then you will need a mortgage available at 85% Loan to Value (LTV). The available LTV can vary depending upon the type of mortgage.

Shared Ownership mortgages will offer two percentages under LTV - the proportion of the property value and the proportion of the share being purchased.

4 ERC stands for Early Repayment Charge and refers to a charge that is sometimes applied if all or part of a mortgage is paid, over and above the usual monthly payments, during the initial term.


Unless otherwise stated, products are available for house purchase or remortgage.