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Private Exclusive - Capital and Interest- 2 year Fixed

For loans up to 80% of property value

Product namePrivate Exclusive - Capital and Interest- 2 year Fixed
Initial rate1.89%
Initial rate expires on
31st March 2021
Rate thereafterStandard Variable Rate, currently
Overall cost for comparison4.7% APRC
Arrangement fee£999
Option to add arrangement fees to mortgageYes the arrangement fee can be added to the loan, provided the total borrowing does not exceed the maximum LTV for the product type
Legal and Valuation Fees

Valuation fees

The valuation report is used to calculate how much we’ll lend you. This is separate from any valuation or survey of the property you might want to instruct for your own purposes.

There are other homebuyers, home report or structural survey options available if you want to commission these.

Typically you will not have to pay a valuation fee if:
you are an existing mortgage customer who wishes to re-mortgage their current house with us.
you are a new mortgage customer who wants to switch the mortgage for their current home to us.

*Please note that if you are changing the terms of the original mortgage e.g. borrowing an additional amount, changing the duration of the mortgage or changing repayment terms, a valuation will be required and a fee will be payable where applicable.

legal fees

You’ll normally instruct a solicitor to act on your behalf in connection with your transaction. You may be required to pay legal fees and costs as part of their work on your behalf. These fees/costs are normally charged by the solicitor directly to you, unless we tell you that we’ll contribute to the legal costs as part of your product deal.

Typically you will not need to pay legal fees if:
you are an existing mortgage customer who wishes to re-mortgage with us.
you are a new mortgage customer who wants to switch the mortgage for their current home to us and use our legal panel.


Available for purchase and remortgage, new applications and product transfer. Applicants must be aged 18 or over. All loans are subject to status. Security will be required

Maximum loan amountThe maximum loan size is £1,000,000
Maximum loan to value80%
Minimum loan amount£200,000
Early repayment charge3% in year one
2% in year two
Special offers

Remortgage: Legal fees and valuation paid for remortgages only#

Special features

At the end of the discounted/fixed period you can make extra payments or repay your whole mortgage without penalty.


# The switching package is only available to applicants moving their mortgage from another lender. If the property is unencumbered, a free valuation is available. Free valuations are available on properties worth £2m, or less. Optima Legal Services will charge a funds transfer fee of £42 to applicants who use the switching package. When using products available for mortgages over £1m which benefit from the switching package incentive, the switching package is enhanced to allow one free valuation for properties worth £3m or less (standard free legals remain limited to properties worth £2m or less).