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Early repayment charges

If you repay your mortgage in full or part by capital repayment, or transfer to another product within the periods shown, the following early repayment charge will apply. This will be calculated as a percentage of the amount that you repay early.

You may be able to overpay by up to 10% of your mortgage balance per calendar year without penalty. This will be clearly stated in your specific mortgage terms and conditions.

2 Year Fixed Rate

The following early repayment charges apply during the following dates.

2 Year Fixed Rate

Dates during which the Mortgage is repaid early Early repayment charge
Up to 31 January 2018 2%
1 February 2018 - 31 January 2019 1%
After 31 January 2019 No early repayment charge applicable

3 Year Fixed Rate

The following early repayment charges apply during the following dates.

3 Year Fixed Rate

Dates during which the Mortgage is repaid early Early repayment charge
Up to 31 January 2018 3%
1 February 2018 - 31 January 2019 2%
1 February 2019 - 31 January 2020 1%
After 31 January 2020 No early repayment charge applicable

5 Year Fixed Rate

The following early repayment charges apply during the following dates.

5 Year Fixed Rate

Dates during which the Mortgage is repaid early Early repayment charge
Up to 31 January 2018 5%
1 February 2018 - 31 January 2019 4%
1 February 2019 - 31 January 2020 3%
1 February 2020 - 31 January 2021 2%
1 February 2021 - 31 January 2022 1%
After 31 January 2022 No early repayment charge applicable

Lifetime Tracker

Early repayment charges do not apply to our Lifetime Tracker mortgages, so you can overpay with no restrictions.

Lifetime Tracker

Dates during which the Mortgage is repaid early Early repayment charge
Lifetime of mortgage No early repayment charges

Questions about your mortgage?

Get advice from our friendly mortgage advisers.


Call us on 0333 305 7227

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

The Co-operative Bank reserves the right to change or withdraw any of its mortgage deals at any time. All loans are subject to status and valuation.

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