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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.

Dates during which the Mortgage is repaid early Early repayment charge
Up to 31 July 2022 2%
1 August 2022 - 31 July 2023 1%
After 31 July 2023 No early repayment charge applicable

3 Year Fixed Rate

The following early repayment charges apply during the following dates.

Dates during which the Mortgage is repaid early Early repayment charge
Up to 31 July 2022 3%
1 August 2022 - 31 July 2023 2%
1 August 2023 - 31 July 2024 1%
After 31 July 2024 No early repayment charge applicable

5 Year Fixed Rate

The following early repayment charges apply during the following dates.

Dates during which the Mortgage is repaid early Early repayment charge
Up to 31 July 2022 5%
1 August 2022 - 31 July 2023 4%
1 August 2023 - 31 July 2024 3%
1 August 2024 - 31 July 2025 2%
1 August 2025 - 31 July 2026 1%
After 31 July 2026 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.

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

Questions about your mortgage?

Get advice from our friendly mortgage advisers.


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.