Variable rate
The interest rate you pay changes when we change our standard variable mortgage base rate.

Discount Rate
Discount mortgages offer you a discount compared to our standard variable mortgage rate. This is usually for a specific period, then the rate reverts to our standard variable mortgage base rate for the remainder of the mortgage term.

Capped rate
With a capped rate mortgage, you have the security of knowing that your rate will not go above the capped rate, with the added benefit of lower monthly repayments if our standard variable mortgage base rate falls below the capped rate. This is usually for a specific period, then the rate reverts to our standard variable mortgage base rate for the remainder of the mortgage term.

Base rate tracker
The interest rate is linked to, but may not be the same as, the Bank of England base interest rate. When there is a change to the Bank of England base rate your mortgage payment rate will reflect this.

Fixed rate
With a fixed rate mortgage you pay a fixed amount each month for a specific period, often two to five years, or sometimes longer. The advantage is that you know exactly how much you will have to pay each month so you can budget more easily. After the fixed term has ended, your interest rate will revert to our standard variable mortgage base rate for the remainder of the mortgage term.

Offset mortgage - for people with savings
This allows you to offset your savings against the value of your mortgage balance. This online offering could save you thousands of pounds and reduce the term of your mortgage.

Guarantor mortgage – for young professionals
The guarantor mortgage is suitable if you are a young professional, for example a solicitor, doctor or accountant, who would like to take out a mortgage on a property but are unable to cover the repayments on your current income.

The guarantor mortgage allows one of your close relatives, usually a parent, to provide a guarantee for the loan. Please refer to the relevant leaflet for full details, terms and conditions for this scheme.

Self-build – for people building their own home
A self-build mortgage allows you to borrow money in a number of pre agreed stages as your property is built. The process is relatively simple and only requires you to provide details of your proposed project, together with the costs involved.

Remortgages – for homeowners
A remortgage is an excellent way to raise money from your home for a whole range of purposes. You could use it for a holiday, a car, home improvements, to consolidate loans or to boost your income.

If your home has increased in value and the mortgage is significantly less than the value of your home, a remortgage might be very attractive.

Most probably, your current repayments are well within your means and you want to access the cash that is tied up in your house.

Interest only
By selecting an interest only or part interest only mortgage, you will only pay interest on a monthly basis and not reduce the capital balance of the loan.

You are responsible for ensuring that you will be able to pay off the loan at the end of the mortgage term. This means that you are responsible for making suitable arrangements for repaying the loan.