SPECIAL MORTGAGE SCHEME
With effect from 1st April 2019
Available throughout England and Wales
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
|Maximum loan to value available:||Fixed for 5 years from completion||Reverting for the rest of the term of the mortgage to Standard Variable Rate (SVR)||The overall cost for comparison is:|
|Maximum loan:||For details of the maximum loan available for your required loan to value please call our Mortgage Department on 01455 894082.|
A mortgage of £125,294.00 payable over 31 years initially on a fixed rate for five years of 3.83% and then on our Standard Variable Rate of 6.14% for the remaining 26 years would require 60 monthly payments of £575.91 followed by 312 monthly payments of £730.20.
The total amount payable would be £262,625.38 made up of the loan amount plus interest (£137,081.38) and a legal fee (£250.00).
The overall cost for comparison is 5.4% APRC representative.
Mortgage typeThis product belongs to the following type of mortgages:
Cashback Mortgages, Fee Free Mortgages, Fixed Rate Mortgages