AA Fixed 1.99% until 30/06/2020

Which? customer score 85%
Assumed borrowing of £125,000 over 25 years, representative 4.1% APRC. Total amount payable: £200,927.53. Includes interest of £75,732.53, Valuation fee of £0, Booking fee of £195 and Administration fee of £0. Repayments: 24 monthly repayments of £529.21 at 1.99% (fixed), then 276 monthly repayments of £681.27 at 4.49% (variable).
AA customer satisfaction scorecard:
How do we work this out?Clarity of statements | Flexibility of payments | Transparency of charges | Customer service | Overall customer score |
85%Excellent |
Eligibility
Maximum age | 75 |
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Minimum age | 18 |
Location | Any |
Restricted location note | N/A |
Existing customer note | N/A |
Eligibility notes | N/A |
Mortgage product details
Mortgage types | Purchase, Remortgage, First time buyer |
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Deal type | Fixed |
Tracker type | N/A |
Payment options | Repayment |
Mortgage product features
Overpayments allowed | Yes |
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Overpayment limits note | You can overpay a maximum of 10% of the outstanding mortgage balance (as at 31st March the previous year) |
Offset mortgage | No |
Help to Buy mortgage | No |
Shared ownership mortgage | No |
Shared equity mortgage | No |
New-build mortgage | No |
Self-build mortgage | No |
Portable mortgage | Yes |
Product fees
Arrangement fee | £0 |
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Arrangement fee can be added to loan | No |
Booking fee | £195 |
Telegraphic transfer fee | £30 |
Insurance fee | £0 |
Other fees | £0 |
Rate information
Minimum borrowing amount | £25,001 |
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Maximum borrowing amount | £750,000 |
Minimum term (years) | 5 |
Maximum term (years) | 35 |
Initial deal end date | 30.06.20 |
Initial deal length (months) | 24 |
APRC | 4.14% |
Initial rate | 1.99% |
Revert-to rate | 4.49% |
Maximum LTV | 85.0% |
Other charges
Exit fees | £0 |
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Valuation admin fee | £90 |
Valuation fee | From £180 for property value above £50,000 |
Early repayment note | 3% then 2% until end of fixed period |
Standard benefits
Valuation admin fee excluded from any refund offer | No |
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Maximum free valuation | £0 |
Cash back amount | £0 |
Further notes about benefits | All AA products come with an annual 0.10% loyalty bonus. |
Remortgage benefits
Cash back on legal fees | No |
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Free legal work | Yes |
Valuation offer | Free |
Purchase mortgage benefits
Cash back on legal fees | No |
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Free legal work | No |
Valuation offer | Free |