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Staff Mortgage - BIK on partial amount

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  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Whats the best standard mortgage available on the same terms.

    Is the staff 0.5 rate fixed or variable?
  • m0ns00n
    m0ns00n Posts: 359 Forumite
    Whats the best standard mortgage available on the same terms.

    Post Office: 2 year tracker, base rate + 2.39% (currently 2.89%), £995 fee

    Yorkshire BS: 2 year tracker, base rate + 2.59% (currently 3.09%), £995 fee

    Leeds BS: 3 year fixed, 3.25%, £999 fee
    Is the staff 0.5 rate fixed or variable?

    Variable rate which is the same as BoE base rate, currently 0.5%. Rate will be adjusted within 30 days of a change to the BoE base rate.
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