Find your best contractor mortgage.

A mortgage of £315,000 payable over 25 years, initially on a variable rate, currently 4.99%, with a discount of 3.47% giving a current rate payable of 1.52% for a period of 24 months and then on a variable rate of 4.99% for the remaining 23 years. This would require 24 payments of £1,262.76 followed by 276 payments of £1,792.70. The total amount payable would be £528,878.94 made up of the loan amount plus interest. The overall cost for comparison is 4.6% APRC representative. With £1,895 lender’s completion fee being paid upfront.

A mortgage of £315,000 payable over 25 years, initially on a variable rate, currently 4.99%, with a discount of 3.47% giving a current rate payable of 1.52% for a period of 24 months and then on a variable rate of 4.99% for the remaining 23 years. This would require 24 payments of £1,262.76 followed by 276 payments of £1,792.70. The total amount payable would be £528,878.94 made up of the loan amount plus interest. The overall cost for comparison is 4.6% APRC representative. With £1,895 lender’s completion fee being paid upfront.

A mortgage of £315,000 payable over 25 years, initially on a variable rate, currently 5.64%, with a discount of 4.05% giving a current rate payable of 1.59% for a period of 24 months and then on a variable rate of 5.64% for the remaining 23 years. This would require 24 payments of £417.40 and 276 payments of £1,480.59. The total amount payable would be £736,420.44. The overall cost for comparison is 5.3% APRC representative with £995 lender’s arrangement 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 variable rate, currently 4.99%, with a discount of 3.47% giving a current rate payable of 1.52% for a period of 24 months and then on a variable rate of 4.99% for the remaining 23 years. This would require 24 payments of £1,262.76 followed by 276 payments of £1,792.70. The total amount payable would be £528,878.94 made up of the loan amount plus interest. The overall cost for comparison is 4.6% APRC representative. With £1,895 lender’s completion fee being paid upfront.

A mortgage of £315,000 payable over 25 years, initially on a discount rate which is currently 3.91% below the lenders Standard Variable Rate, currently 5.25%, giving a current rate of 1.34% for a period of 24 months. This would be followed by the standard variable rate which is currently 5.25% for the remaining term of the mortgage. This would require 24 payments of £1,236.26 followed by 276 payments of £1,833.65. The total amount payable would be £537,065.14 made up of the loan amount plus interest. The overall cost for comparison is 4.70% APRC representative.

A mortgage of £315,000 payable over 25 years, initially on a tracker rate which is +0.91% above the Bank of England base rate, giving a current rate of 1.91% for 24 months. This would be followed by a variable rate which is 1.00% below the lenders Standard Variable Rate, currently 4.89%, giving a current rate payable of 3.89% for a period of 36 months. This would then be followed by the lenders standard variable rate which currently is 4.89% for the remainder of the mortgage term. This would require 24 payments of £1,321.38 followed by 36 monthly payments (at a variable rate currently 3.89%) of £1,618.73 followed by 240 monthly payments of £1,763.54. The total amount payable would be £515,342.00 made up of the loan amount plus interest. The overall cost for comparison is 4.3% APRC representative. This is based on the £995 lender’s completion fee being paid upfront.