Find your best contractor mortgage.

A mortgage of £315,000 payable over 25 years, initially on a fixed rate of 1.11% until 29/02/2024 and then on a variable rate which is 3.49% above the Bank of England base rate, currently 0.25%, giving a current rate payable of 3.74% for the remaining 23 years would require 24 payments of £1,202.90 followed by 276 payments of £1,583.81 The total amount payable would be £467,241.16 made up of the loan amount plus interest. The overall cost for comparison is 3.4% APRC representative. With £999 lender’s application fee being paid upfront.

A mortgage of £315,000 payable over 25 years, initially on a fixed rate of 1.69% until 30/06/2024 and then on a variable rate currently 4.49% with a discount of 0.50%, giving a current rate payable of 3.99% until 30/06/2027, followed by the lenders standard variable rate, currently 4.49% for the remaining term of the mortgage would require 28 payments of £ £1,288.11 followed by 36 payments of £1,626.69, then followed by 236 payments of £1,697.28. The total amount payable would be £496,435.43 made up of the loan amount plus interest. The overall cost for comparison is 3.9% APRC representative. This is based on the £999 lender’s product fee being paid upfront.

A mortgage of £315,000 payable over 25 years, initially on a fixed rate which is currently 0.99% until 30/11/2023. This would be followed by a variable rate of 4.74% for the remaining 23 years and would require 23 payments of £259.88 followed by 277 payments of £1,244.25. The total amount payable would be £ 673,504.49. The overall cost for comparison is 4.5% APRC representative. This is based on the £6,300 lender’s completion fee being paid upfront. This is based on an interest-only mortgage where the monthly payments do not reduce the loan amount outstanding. The total amount to be repaid assumes that you pay off the amount borrowed as a lump sum at the end of the mortgage.

A mortgage of £315,000 payable over 25 years, initially on a fixed rate which is currently 1.09% for 2yrs. This would be followed by a variable rate currently 5.29% with a discount of 1.25% giving a current rate of 4.04% until 28/07/2027 and then 5.29% for the remaining term of the mortgage and would require 24 payments of £1,206.12 followed by 36 payments of £1,639.14 and then 240 payments of £1,822.42. The total amount payable would be £ £526,530.72 made up of the loan amount plus interest. The overall cost for comparison is 4.4% APRC representative. This is based on the £1,599.00 lender’s product fee being paid upfront.

A mortgage of £315,000 payable over 25 years, initially on a discount rate which is currently 5.89% with a discount of 4.90% for a period of 24 months, giving a current rate of 0.99%. This would be followed by a variable rate of 1.65% below the standard variable rate giving a rate payable of 4.24% for 36 months. Followed by a rate of 5.89% for the remaining 276 months. This would require 24 payments of £1185.72 followed by 36 payments of £1661.33, and 240 payments of £1906.76. The total amount payable would be £547,981.56 made up of the loan amount plus interest. The overall cost for comparison is 4.8% APRC representative. This is based on the lenders £199 product fee being paid upfront.

A mortgage of £315,000 payable over 25 years, initially on a tracker rate which is currently 0.96% above the bank of England base rate currently 0.25% for 24 months, giving a current rate payable of 1.21%. This would be followed by a variable rate which is 3.49% above the bank of England base rate, currently 0.25%, giving a current rate payable of 3.74% for the remaining term of the mortgage. This would require 24 payments of £1,217.33 followed by 276 payments of £1,585.24. The total amount payable would be £467,978.16, made up of the loan amount plus interest. The overall cost for comparison is 3.4% APRC representative. There is a completion fee of £35.00 with this product.