| The tables below show the current interest rates on Northern mortgages
| Home Lending | Previous
% p.a. | Current
% p.a. |
| Northern Bank Base Rate (NBBR) | 5.25 | 5.00 |
| Home Mortgage Base Rate | 6.65 | 6.40 |
Standard Variable Rate
| 7.40 | 7.15 |
RESIDENTIAL MORTGAGES
 | Current
p.a. % | Overall Cost for comparison APR % | Arrangement Fee |
Base Rate Tracker Mortgage
Minimum Loan amount £30,000. |
Rates are based on individual customer circumstances.
Please use the Base Rate Tracker Calculator for an indicative quote and rates. | £799 |
|
Current
p.a. % | Overall Cost for comparison APR % | Arrangement Fee |
| Northern Re:pay - Variable Rate |
| Tier 1 £50,000 - £99,999 | 6.34 | 6.90 | £799 |
| Tier 2 £100,000 - £149,999 | 6.09 | 6.40 | £799 |
| Tier 3 £150,000 - £199,999 | 5.79 | 6.10 | £799 |
| Tier 4 £200,000 + | 5.79 | 6.00 | £799 |
| Current
p.a. % | Overall Cost for comparison APR % | Arrangement Fee |
Standard Variable Rate
Minimum Loan amount £10,000. | 7.15 | 8.00 | £799 |
| Current
% p.a. | Overall Cost for comparison APR % | Arrangement Fee | Early Repayment Charge
(% of outstanding balance) |
Fixed Rate Packages
Minimum Loan amount £30,000. |
Fixed until July 2010
Changing from July 2010 for remainder of Home Loan to Northern Standard Variable Rate, currently
| 6.09
7.15 | 7.30 | £699 + £100 Booking Fee | To 1 July 2010
1st year 4%
2nd year 3%
3rd year 2%
|
Fixed until July 2011
Changing from July 2011 for remainder of Home Loan to Northern Standard Variable Rate, currently
| 5.99
7.15 |
7.20
|
£699 + £100 Booking Fee
| To 1 July 2011
1st year 5%
2nd year 4%
3rd year 3%
4th year 2% |
Fixed until July 2013
Changing from July 2013 for remainder of Home Loan to Northern Standard Variable Rate, currently | 5.99
7.15 |
7.00
|
£699 + £100 Booking Fee
| To 1 July 2013
1st year 5%
2nd year 5%
3rd year 4%
4th year 3%
5th year 2% |
Fixed until July 2018
Changing from July 2018 for remainder of Home Loan to Northern Standard Variable Rate, currently
| 5.89
7.15 |
6.50
|
£699 + £100 Booking Fee
| To 2 July 2015 5% then for remaining years decreasing each year to 4/3/2% |
INVESTMENT MORTGAGES
| Current
p.a. % | Overall Cost for comparison APR % | Arrangement Fee |
Base Rate Tracker Mortgage
Minimum Loan amount £30,000. |
| Northern Bank Base Rate +1.25% | 6.25 | 6.90 | £799 |
| Current
p.a. % | Overall Cost for comparison APR % | Arrangement Fee |
Standard Variable Rate
Minimum Loan Amount £10,000. | 7.15 | 8.00 | £799 |
| Current
% p.a. | Overall cost for comparison | Arrangement fee | Early Repayment Charge
(% of outstanding balance) |
Fixed Rate Packages for Investment Mortgages
Minimum Loan amount £30,000. |
Fixed until July 2010
Changing from July 2010 for remainder of Home Loan to Northern Standard Variable Rate, currently
| 6.19
7.15 | 7.40 | £699 + £100 Booking Fee | To July 2010
1st year 4%
2nd year 3%
3rd year 2% |
Fixed until July 2011
Changing from July 2011 for remainder of Home Loan to Northern Standard Variable Rate, currently
| 6.09
7.15 | 7.20 | £699 + £100 Booking Fee | To July 2011
1st year 5%
2nd year 4%
3rd year 3%
4th year 2% |
Fixed until July 2013
Changing from July 2013 for remainder of Home Loan to Northern Standard Variable Rate, currently
| 6.09
7.15 | 7.00 | £699 + £100 Booking Fee | To July 2013
1st year 5%
2nd year 5%
3rd year 4%
4th year 3%
5th year 2% |
Fixed until July 2018
Changing from July 2018 for remainder of Home Loan to Northern Standard Variable Rate, currently
| 5.99
7.15 | 6.60 | £699 + £100 Booking Fee | To July 2015 5% then for remaining years decreasing each year to 4/3/2% |
|