Variable Rate Mortgage
Flexible mortgages from a little as 5% deposit and repaid up to 35 years. Enjoy your new home with an option that's right for you!
Buying a home?
We currently offer mortgage products of up to 95% of the value of the property (which can increase to 100% for right to buy properties).
We only issue mortgage products through an IFA (Independent Financial Adviser), who is responsible for advising any potential borrower on the suitability of the mortgage. Mortgages can be repaid over up to 35 years.
Existing borrowers should check their loan agreement for confirmation of their interest rate.
APRC stands for annual percentage rate of charge. It shows you, as a percentage, the annual cost of a mortgage. It brings together all charges (such as fees and other costs), calculated as if you kept your mortgage for the full term without changing it.
4.10%
4.20%
4.25%
4.30%
4.50%
4.60%
4.75%
4.80%
95% Loan to Value and under
5.25%
5.30%
All loans are subject to affordability and our lending criteria.
Our mortgages also include:
- Low early repayment charges, over the first two years only (£500 or 1% of the loan balance, whichever is lowest).
- Ability to overpay at any time without charge.
- If fees are added to the loan, the APRC may change.
- Interest is calculated daily on the reducing mortgage balance.
Benefits
- For first time buyers and movers, we charge only £500 admin fee.
- For remortgages, we charge £1,050, which includes legal fees and valuation, as well as admin fee. Terms and conditions apply.
- If fees are added to the loan, the APR may change.
- Members looking to take out a variable rate mortgage with EuroTrust Credit Access must also take out life insurance for the full value of the loan as well as buildings and contents insurance. Members are free to choose their own insurance provider.
- Members are free to apply for additional loans over the course of their mortgage. Any additional lending request will be subject to our normal criteria.
- Important Information
- Our mortgage products have limited availability and may be withdrawn at any time.
- Early repayment charges apply. Any other charges and fees may apply.
- Applications are subject to standard lending criteria and all loans are subject to status.
- Your home may be repossessed if you do not keep up repayments on your mortgage.
Arrange an appointment
Email Independent Mortgage Adviser, Lauren Connell, to enquire more about ETA's mortgages: lauren@mortgageseekers.com
Good to know
For our current variable rate products, the maximum loan to value which we will currently consider is 95% of the value or the purchase price. The exception to this would be ‘right to buy’ purchases where we will consider lending 100% of the purchase price.
You can take a mortgage for up to 35 years, and you need to be aged 69 or under to apply.
We charge a one–off administration fee for our variable rate mortgage products – this will be discussed at your initial meeting with your IFA. This can be added to the loan balance or paid upfront. The fee is £500 for further advance or purchase applications and £1,050 for re-mortgage applications.
As secured loans, you may also incur valuation and legal fees when organising your mortgage. We can provide further information on these during the mortgage process.
Yes, first time buyers are welcome to apply for a mortgage and we will consider loans for up to 95% of the value of the property.
