Earl Shilton Building Society first time buyer product is no longer restricted to these postcode areas

Mortgage

​As such it is available throughout the Society’s usual lending areas within England and Wales.

Article date: 13/06/2018

​Earl Shilton Building Society's 95% First Time Buyer product is no longer restricted to postcode areas LE, CV9-15 and DE11-15.

The product is limited by tranche size however, so could be withdrawn at any time.

As a reminder, the product details are:

  • Booking Fee of £125 payable upfront and non-refundable
  • No Arrangement Fee, No Higher Lending Charge and Free standard valuation
  • Maximum mortgage amount £250,000
  • 95% maximum loan to value (LTV) Houses only. 75% LTV Flats/Maisonettes/Houses in London and South-East 
There is an Early Repayment Charge if the mortgage is redeemed or rearranged in the first 5 years, calculated as follows:

  • 2% of the redemption balance is payable within the first 2 years
  • 1.5% of the redemption balance is payable in years 3 and 4
  • 1% of the redemption balance is payable in year 5
Available for First Time Buyers for purchase only with at least 1 applicant purchasing for the first time.

Click here to see the product guide. 
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