Standard Variable Rate

The interest rate on this mortgage is set by the lender and will usually fluctuate to follow general market conditions.

This rate tends to be the one which is applied by the lender when the initial ‘offer rate’ expires, which is always a good time to review your position and consider other options.

You are usually free to repay, reduce or move your mortgage without incurring any penalties from the lender for doing so.

The interest rate tends to be higher than other options available in the market place.

Your repayments can vary greatly month to month especially during times of general interest rate change which makes it difficult to budget with certainty.

Calculate your monthly repayments.

Please click on the calculator image or click here to view our mortgage calculator

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Mortgage Types

Your home may be repossessed if you do not keep up repayments on your mortgage.

Sherwood Financial Solutions Limited t/a equate. Registered office address The Turbine, Coach Close, Worksop, Nottinghamshire, S81 8AP.
Registered in England. No: 05038055
Tel: 0800 0380098 • info@equatemortgages.co.uk
equate is a trading style of Sherwood Financial Solutions Ltd, an Appointed Representative of H L Partnership Ltd. which is authorised and regulated by the Financial Services Authority. H L Partnership Ltd. is entered on the FSA register (http://www.fsa.gov.uk) under reference 303397.
The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK.
There may be a fee for mortgage advice, the precise amount will depend upon your circumstances. This will typically be 0.3% of the mortgage.