Self Build Mortgages

The following is a representative example based on a mortgage of £200,000 payable over 25 years initially on a discounted variable rate of 6.10% 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 an initial payment of £1,534.23, 23 monthly payments of £1,300.90, 48 payments of £1,466.60 and 228 monthly payments of £1,604.40. This example assumes the repayment method is capital and interest.

The total amount payable would be £470,014.93 made up of the loan amount plus interest of £267,654.93 and the following costs, a Scheme Fee of (£1,000.00), a Chaps/Telegraphic Transfer fee (£25.00), a Valuation Fee (£565.00), a Packager's Fee (£695.00), and a Mortgage Exit

Administration Fee (£75.00).

The overall cost for comparison is 8.30% APRC representative.

Note: What you will pay may vary from this and will depend on your personal circumstances.

The following is a representative example based on a mortgage of £200,000 payable over 25 years initially on a discounted variable rate of 6.65% 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 an initial payment of £1,696.35, 23 monthly payments of £1,369.30, 48 payments of £1,470.80 and 228 monthly payments of £1,609.00. This example assumes the repayment method is capital and interest.

The total amount payable would be £473,554.65 made up of the loan amount plus interest of £270,640.65 and the following costs, a Scheme Fee of (£1,499.00), a Chaps/Telegraphic Transfer fee (£25.00), a Valuation Fee (£565.00), a Packager's Fee (£695.00), and Application Fee (£115.00) and a Mortgage Exit Administration Fee (£75.00).

The overall cost for comparison is 8.50% APRC representative.

Note: What you will pay may vary from this and will depend on your personal circumstances.

The following is a representative example based on a mortgage of £700,000 payable over 25 years initially on a discounted variable rate of 6.75% 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 an initial payment of £5,998.29, 23 monthly payments of £4,836.40, 48 payments of £5,150.10 and 228 monthly payments of £5,634.30. This example assumes the repayment method is capital and interest.

The total amount payable would be £1,654,415.69 made up of the loan amount plus interest of £949,060.69 and the following costs, a Scheme Fee of (£3500), a Chaps/Telegraphic Transfer fee (£25.00), a Valuation Fee (£945.00), a Packager's Fee (£695.00), and Application Fee (£115.00) and a Mortgage Exit Administration Fee (£75.00).

The overall cost for comparison is 8.40% APRC representative.

Note: What you will pay may vary from this and will depend on your personal circumstances.

The following is a representative example based on a mortgage of £200,000 over 25 years initially on a discounted rate of 7.59% for 2 years followed by our Standard Variable Rate of 8.74%. This example would require an initial payment of £1,863.08, then 23 monthly payments of £1,489.80 and 276 payments of £1,635.20. This example assumes the repayment method is capital and interest.

The total amount payable would be £488,743.68 made up of the loan amount, plus interest of £287,443.68, a Funds Transfer Fee (£25.00), Valuation fee (£505.00), a Buildloan Arrangement fee (£695.00), and a Mortgage Exit Administration fee (£75.00).

The overall cost for comparison is 9.00% APRC representative.

Note: What you will pay may vary from this and will depend on your personal circumstances.

Initial Interest Rate: The following is a representative example based on a mortgage of £200,000 payable over 25 years initially on a discounted variable rate of 7.29% 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 an initial payment of £1,729.65, 23 monthly payments of £1,450.80, 48 payments of £1,475.10 and 228 monthly payments of £1,613.70. This example assumes the repayment method is capital and interest.

The total amount payable would be £476,625.45 made up of the loan amount plus interest of £273,826.45 and the following costs, a Scheme Fee of (£1,499.00), a Chaps/Telegraphic Transfer fee (£25.00), a Valuation Fee (£505.00), a Packager's Fee (£695.00), and a Mortgage Exit Administration Fee (£75.00).

The overall cost for comparison is 8.60% APRC representative.

Note: What you will pay may vary from this and will depend on your personal circumstances.

The following is a representative example based on a mortgage of £200,000 over 25 years initially on a discounted rate of 7.99% for 2 years followed by our Standard Variable Rate of 8.74%. This example would require an initial payment of £1,716.94 then 23 monthly payments of £1,542.30 and 276 payments of £1,637.80. This example assumes the repayment method is capital and interest.

The total amount payable would be £490,522.64 made up of the loan amount, plus interest of £289,222.64, a Funds Transfer Fee (£25.00), Valuation fee (£505.00), a Buildloan Arrangement fee (£695.00), and a Mortgage Exit Administration fee (£75.00).

The overall cost for comparison is 9.10% APRC representative.

Note: What you will pay may vary from this and will depend on your personal circumstances.