If you borrow £178,000 mortgage over 25 years initially at 4.49% fixed for 60 months reverting to 7.99% variable for term. 60 monthly payments of £988.37 and 240 monthly payments of £1306.89. Total amount payable £373,335.80 includes loan amount, interest of £194,956, valuation fees of £0 and product fees of £0. The overall cost for comparison is 6.7% APRC representative.
What types of mortgages does Beverley Building Society offer?
- Fixed rate
- Discounted rate
- Variable rate
- Remortgages
- Offset
- Interest-only
With this type of mortgage, your interest rate will remain locked for a set amount of time.
With a discount mortgage, your interest rate will be locked at a specific percentage below Beverley Building Society’s standard variable rate.
With this type of mortgage, your interest rate could fluctuate based on various economic conditions.
You can switch from your existing mortgage provider to Beverley Building Society via one of its remortgage products.
With an offset mortgage, you can use your savings to offset your mortgage interest. You won’t pay interest on the amount of money stored in your savings account.
With an interest-only mortgage, your monthly repayments on take into account mortgage interest. You’ll pay off the capital at the end of the mortgage term.
How to apply
You can get the ball rolling by contacting 01482 881510 or website@beverleybs.co.uk.
What information do I need to provide?
You can expect to have to provide various personal details, as well as information about your employment, income and outgoings. This information will need to be backed up by documents including your P60, recent payslips and recent bank statements.
Contact information
You make general enquiries by calling 01482 881510, emailing website@beverleybs.co.uk or visiting the lender’s website and requesting a callback. Alternatively, you can write a letter to: Beverley Building Society, 57 Market Place, Beverley, East Yorkshire, HU17 8AA