Capital Choice Plan
  • Capital Choice Plan
  • : 3.09%
    : 3.21%
    :
    : Cashback | Free Valuation | Free Application | 10%pa Partial Repayments Option| 3-year No Early Repayment Charge* | Downsizing Protection Feature | Guaranteed Inheritance Feature | Fixed Early Repayment Charges | Cashback Options**

Eligibility

  • Homeowner with a minimum property valuation of £70,000
  • Maximum property value of £5m (contact if greater than £1m)
  • Property located in England, Wales & Mainland Scotland
  • Minimum age of youngest homeowner is 55, maximum 95
  • Minimum loan of £10,000, maximum loan of £1.5million

Features

  • FREE unlimited valuation
  • Fixed lifetime interest rate
  • No regular payment commitment
  • Balance control by using the 10% Voluntary Partial Payment Option
  • Tax free cash to spend as you wish
  • Protected Equity Guarantee automatically included
  • No negative equity guarantee – can never leave a debt for your beneficiaries
  • Fixed Early Repayment Charges – 5% years 1-5, 3% years 6-10 & NO penalty thereafter
  • Downsizing Protection Feature – repayment of this mortgage when downsizing after 5 years incurs NO penalty

Options

  • 10% Voluntary Partial Payments with NO penalty
  • Cashback option dependent upon requirements & effects on interest rate
  • Interest only option available by using the 10% voluntary payment facility