Welcome mortgages
The Welcome mortgage is a new product and we were the first to bring it to market! Moving home has its challenges. Not only is there the deposit, fees and legal costs you need to pay, but the fun stuff such as decorating, buying new furniture and making any home improvements can all add up, too.
The Welcome mortgage is an innovative mortgage, which could help you with the routine costs and challenges of moving into your new home. The mortgage works by reducing the interest rate to 0% for the first few months of the term. However you will still be required to pay a monthly payment during this period, in respect of capital. The interest discount is calculated and repaid over the remaining term of your mortgage.
You can choose from applying online** (unless otherwise stated below) or over the phone, and can even use our mortgage calculator and get a decision in principle today.
Warning: THE MORTGAGED PROPERTY (WHICH MAY BE YOUR HOME) MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE