Kent Reliance Building Society - Fixed Rate Mortgages, Self Build, Shared Ownership Mortgages from UK.

Tracks the Bank of England Base Rate for the life of the mortgage 6.50% (variable)

Rate correct as at 1 January 2008
Available for shared ownership

	Loan to value
	Maximumloan to value - 90% (75% for shared ownership)
	Fees
	Valuation fee per scale (on remortgages the valuation fee will be refunded on completion). Administration fee £60

	Interest charged
	Monthly
	Early repayment charges
	None
	What happens if you move house ?
	Our mortgage products are portable. Your Lifetime Tracker mortgage can be transferred to your new property (subject to our lending criteria at the time of any future move).

Extra features

	Free Mortgage Payment Protection Insurance for the first six months.
	£25 discount off your first years home insurance premium arranged through us (click here for terms and conditions) - Not available for shared ownership.
	The society will meet the Higher Lending Charge on loans between 75.01% and 90.0% of the property value.

Notes

	The Lifetime Tracker rate is a variable rate linked to Bank of England Base Rate plus 1%
	The Bank of England Base Rate is currently 5.50% p.a.
	The Administration and Valuation fees are payable on application
	Other fees and charges may apply during the term of the mortgage
	Minimum age 18

To calculate an APR and typical loan example we have made the following assumptions:

	A Lifetime Tracker Rate of 6.50% pa.(variable) throughout the mortgage term
	A loan of £75,000 over a term of 25 years, repayable by 300 monthly payments of capital and interest
	Purchase or remortgage of a property for owner-occupation valued at £100,000
	Administration fee - £60
	Valuation fee - £125
	CHAPS bank transfer fee - £35
	Solicitors mortgage charges - £103 (purchase - estimated and only part of conveyance costs)
	Redemption admin fee - currently £150

Typical loan example
Monthly mortgage payments (300 months)	£506.41
Total charge for credit	£77,396
Total amount payable (TAP)	£152,396
The overall cost for comparison is	6.8% APR (variable)
Correct as at 1 January 2008

For more information about our mortgages go to Useful Info/About Our Mortgages

All loans are subject to availability, status, valuation and approval, and are available in England and Wales only. Applicants must be aged over 18 unless otherwise stated and security will be required on property. Written quotations available on request.

Mortgage Payment Protection Insurance may be required and a Higher Lending Charge may be payable. Calls to Kent Reliance Building Society may be recorded and/or monitored for customer service and training purposes.

Kent Reliance Building Society is authorised and regulated by the Financial Services Authority for general insurance and regulated mortgages and is covered by the Financial Ombudsman Service. Kent Reliance Building Society, Reliance House, Sun Pier, Chatham, Kent ME4 4ET.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.