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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
5.40%
Maximum Loan To Value (LTV)
60%
Overall Cost for Comparison
8.00%
Product Code
DP246
The following is a representative example based on a mortgage of £230,000 payable over 25 years initially on a discounted variable rate of 5.40% for 2 years, a further discounted variable rate of 7.49% for 4 years, followed by our Standard Variable Rate of 8.74%. In this example you would make 24 monthly payments of £1,398.70, 48 payments of £1,679.78 and 228 monthly payments of £1,836.85.
The total amount payable would be £534,374.04 made up of the loan amount plus interest of £303,000.04 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 8.00% 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
5.50%
Maximum Loan To Value (LTV)
80%
Overall Cost for Comparison
8.00%
Product Code
DP247
The following is a representative example based on a mortgage of £230,000.00 payable over 25 years initially on a discounted variable rate of 5.50% for 2 years, a further discounted rate of 7.49% for 4 years, followed by our Standard Variable Rate of 8.74%. In this example you would make 24 monthly payments of £1,412.40, 48 payments of £1,680.76 and 228 monthly payments of £1,837.93.
The total amount payable would be £534,946.12 made up of the loan amount plus interest of £306,351.51 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 8.00% APRC representative.
Note: What you will pay may vary from this and will depend on your personal circumstances.