Mortgages
 

Ready for a new deal...

Existing Derbyshire mortgage customer coming to the end of your deal

If you already have a mortgage with us and have reached the end of the initial deal, how about a new one?

Please remember, to secure your chosen mortgage you must pay the relevant application fee.

Product features
  • No higher lending charge.
  • Pay up to 10% in overpayments per year with no early repayment charges.
  • Daily interest calculation for capital payments; you get the benefit of capital payments straightaway, through a reduction in the interest charged.
  • Maximum loan size is £500,000. Loans greater than this can be considered.
  • No early repayment charges after the initial period.
  • In addition to early repayment charges, a redemption fee is payable on full repayment of the mortgage.
  • Buy to Let Product Transfer application fees can be added to the loan. Adding a fee to the loan will increase the total amount that you will pay. Interest will also be added to the fee.
  • Please note that any mortgage products reserved on or before 30th May 2009 will revert to the Standard Variable Rate (SVR). If you choose to switch to a new Derbyshire mortgage product, the new product will revert onto our Standard Mortgage Rate (SMR). Both are variable rates which we may vary in accordance with our mortgage terms and conditions. However, the SVR is guaranteed to be no more than 2% above the Bank of England base rate, whilst the SMR has no upper limit or cap. If you choose to switch to a new product, it is not possible to switch back to the SVR at a later date.’

A choice of new mortgage deals...

2 year Fixed
Initial
Fixed Rate		 For the remainder
of the term		 The overall cost
for comparison is		 Application
fee
3.99%
until 30.04.12		 Standard
Mortgage Rate currently
3.99%		 4.10% APR £0
There are early repayment charges that apply until 30.04.2012
 
3 year Fixed
Initial
Fixed Rate		 For the remainder
of the term		 The overall cost
for comparison is		 Application
fee
4.59%
until 30.04.13		 Standard
Mortgage Rate currently
3.99%		 4.20% APR £0
There are early repayment charges that apply until 30.04.2013
   
3 year Fixed Rate - Buy To Let Only
Initial
Fixed Rate		 For the remainder
of the term		 The overall cost
for comparison is		 Application
fee
6.94%
until 31.01.13		 Standard
Mortgage Rate currently
3.99%		 4.90% APR £199
There are early repayment charges that apply until 31.01.2013
 
View the current Bank Rate here.  
Rates correct as at 16th November 2009
The interest you are charged on our fixed rate mortgages stays the same for the fixed rate term. At the end of this period, your mortgage will revert to our Standard Mortgage Rate.
Terms and conditions apply to our mortgages.

How it works

  • Our Fixed Rate products are mortgages with an interest rate that stays the same for the fixed rate term. At the end of this period, your mortgage will revert to our Standard Mortgage Rate.
  • Our Tracker products are variable rate mortgages, which track the Bank of England Official Bank Rate that can go up or down and effect monthly payments.

Please Note

Terms and conditions apply to our mortgages.

1. Our mortgage products can be withdrawn at anytime. 

2. We may offer different products and/or similar but differently priced products through our various channels (branches, Derbyshire Direct and the web). For full details of all available products, please contact us.