| Valid from | 29th May 2009; Supersedes previous product offerings |
| Currency | Sterling (£) |
| Loan security | First Legal charge on property in the UK |
| Loan purpose | Purchase of residential property in the UK |
| Repayment method | Capital & interest, or Interest Only |
| Interest rate | Fixed margin above reference rate negotiated on an individual basis |
| Maximum LTV (lower of purchase price or valuation) | Capital and Interest | 70% |
| Interest only | 60% |
| Term | Capital & interest: to 25 years
Interest Only: to 10 years |
| Minimum loan amount | £150,000 |
| Maximum loan amount | £1,000,000 |
| Arrangement fee | % of loan amount negotiated on an individual basis |
| Valuation fee | Payable by applicant |
| Legal fees | Applicant is responsible for instructing a UK solicitor and their fees; and is responsible for the Bank’s legal costs |
| Early repayment charge | May apply - Contact Us |
| Maximum number of joint applicants | 2 individuals |
| Eligibility | Greek residents; or,
UK residents or expatriates retaining UK banking facilities
Must be at least 21 years old at application (70 or under at loan maturity) with a clean credit history, and stable earnings Applicants must have a minimum joint income of £20,000 per annum
Companies: must be non-trading, incorporated solely for the purpose of the transaction; members must meet individual eligibility and guarantee the mortgage |
| Building insurance | Required |
| Life insurance | Recommended, not mandatory |