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Remortgage
This type of mortgage is especially for those who are looking to remortage and offers a contribution towards your legal fee's.
Our mortgages
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2 Year Discount 60% LTV Remortgage
Initial Interest Rate
5.15%
Maximum Loan To Value (LTV)
60%
Overall Cost for Comparison
7.70%
Product Code
DP246
The following is a representative example based on a mortgage of £216,634 payable over 25 years initially on a discounted variable rate of 5.15% for 2 years, a further discounted variable rate of 7.24% for 4 years, followed by our Standard Variable Rate of 8.49%. In this example you would make 24 monthly payments of £1,285.43, 48 payments of £1,546.98 and 228 monthly payments of £1,693.07.
The total amount payable would be £492,499.32 made up of the loan amount plus interest of £274,491.32 and the following costs, a Scheme Fee of (£999.00), a Chaps/Telegraphic Transfer fee (£25.00), a Valuation Fee (£275.00), and a Mortgage Exit Administration Fee (£75.00).
The overall cost for comparison is 7.7% APRC representative.
Note: What you will pay may vary from this and will depend on your personal circumstances.
2 Year Discount 80% LTV Remortgage
Initial Interest Rate
5.30%
Maximum Loan To Value (LTV)
80%
Overall Cost for Comparison
7.80%
Product Code
DP282
The following is a representative example based on a mortgage of £216,634 payable over 25 years initially on a discounted variable rate of 5.30% for 2 years, a further discounted variable rate of 7.24% for 4 years, followed by our Standard Variable Rate of 8.49%. In this example you would make 24 monthly payments of £1,304.57, 48 payments of £1,548.37 and 228 monthly payments of £1,694.60.
The total amount payable would be £493,324.24 made up of the loan amount plus interest of £275,366.24 and the following costs, a Scheme Fee of (£999.00), a Chaps/Telegraphic Transfer fee (£25.00), a Valuation Fee (£225.00), and a Mortgage Exit Administration Fee (£75.00).
The overall cost for comparison is 7.8% APRC representative.
Note: What you will pay may vary from this and will depend on your personal circumstances.