The overall cost for comparison is 5.0% APR, with an initial two year fixed rate of 1.97% until 31st March 2016, before changing to the Society's Standard Variable Rate, currently 5.49%.
The product is available via intermediaries in Suffolk, Norfolk, Essex, Cambridgeshire and Bedfordshire and Hertfordshire, as well as via PMS and Sesame broker networks.
The product is part of the Society's "continuing ambition to offer an alternative to larger financial institutions, ensuring that all of products are personally underwritten, unlike high street banks that rely on automated credit scoring".
