Britannia exclusive: 90% fee free discount

3.79% with no fees - and you are never tied in!

Share to buy is an affinity partner of Britannia and we offer an exclusive 90% fee-free mortgage only available through sharetobuy.com with no arrangement fee, no valuation fee and no early repayment charges. Product details:

• Available up to 90%, a variable rate which is 0.45% below Britannia's standard variable rate (SVR), currently 4.24%, for the lifetime of the mortgage, giving a current rate payable of 3.79%. The overall cost for comparison is 3.9% APR.
• There are no up-front fees AT ALL- no arrangement fee and no standard valuation fee. Most importantly, you are never tied in because there are no early repayment charges .

Important criteria summary

• Minimum of two applicants, BOTH of whom must be graduates OR have professional qualifications (e.g. accountancy, law). Armed forces commissioned officers accepted.
• Available for open market PURCHASE ONLY and both first time buyers and home movers are acceptable. The product is not available for remortgages, second home purchase, buy to let or shared ownership with housing associations.
• Applicants can be a couple (married or otherwise), friends or family members but ALL applicants, up to a maximum of four, must reside in the property.
• Other mortgages and properties: if you have any buy to let or other residential mortgages that will remain outstanding, or any other properties that you own which will not be sold, you must put down a 25% deposit rather than the usual 10%-15%.
• Income multiples: for two applicants 3.75x joint or 4.25 + 1. For groups, 2x all of 3 or 4 incomes or 3.75x the two highest earners.
• Capital repayment method only. Interest only not accepted.
• Strictly no adverse credit.
• Free valuation: this is only on the first property for which you apply, and not subsequent properties should the first fall through; and Britannia reserve the right to charge you for the first valuation if you withdraw from the purchase after the valuation has happened.

How to apply - next steps

If you wish to apply, please read the detailed product criteria and then you can produce your own key facts illustration for the share to buy exclusive.

Once you have downloaded a key facts illustration, if you wish to apply, you should complete an agreement in principle application. You will be asked what product and lender you wish to apply for and you should state 'Britannia exclusive'. On receipt of your agreement in principle application, we will NOT credit score your application but will confirm if it fits the general criteria of this product. If it does, we will approve the case in principle and enable you to submit a full application to Britannia at which point it will be credit checked and assessed by Britannia.

About share to buy

Share to buy is a specialist brokerage dedicated to helping people looking to share their next step on the property ladder. We don't charge any fees and although we are an affinity partner of Britannia we are also able to search the whole of the market.

The Britannia exclusive was first set up as a radical new product taking up to four incomes in to account, thus enabling young professionals to buy in groups of 3 or 4 instead of renting, but the product is also available for 2 applicants buying jointly. To find out more, read about our affinity partnership with Britannia on the Britannia website or read further information about share to buy.

Britannia is a trading name of the Co-operative Bank plc.

Next Steps

Read about the detailed criteria of our product; download a key facts illustration or apply for an agreement in principle on our exclusive fee-free lifetime tracker.