Feefo Logo
phone-expert
Call an expert: 01489 555 080

Find your best contractor mortgage.

We work with the UK’s leading contractor mortgage lenders to bring contractors more choice and better value.

Provider
Product Type
Initial Rate
Rate Ends
Cost for Comparison
Redemption Period
Calculate Monthly Payments
Provider:
Product Type:
First Time Buyer
Initial Rate:
1.24%
Rate Ends:
2 years
Cost for Comparison:
3.3% APR
Redemption Period:
2 Years
Calculate Monthly Payments:
Calculate
A mortgage of £315,000 payable over 25 years, initially on a variable rate of 1.24% for 24 months, this is then followed by a lenders variable rate of 3.59% for the remaining term of the mortgage. This would require 24 payments of £1,221.68, then followed by 276 payments of £1,562.26. The total amount payable would be £462,283.08 this amount is made up of the loan amount plus interest. The overall cost comparison is 3.3% APR representative. This is based on the £999 product fee being paid upfront. This scheme comes with a free valuation and £500 cashback.
Provider:
Product Type:
Offset
Initial Rate:
1.52%
Rate Ends:
2 years
Cost for Comparison:
4.6% APR
Redemption Period:
2 Years
Calculate Monthly Payments:
Calculate
A mortgage of £315,000 payable over 25 years, initially on a discount rate which is currently 4.99% with a discount of 3.47% giving a current rate of 1.52% for 24 months. This would be followed by a lender’s variable rate of 4.99% for the remaining term. This would require 24 payments of £1,270.36 followed by 276 payments of £1,803.49. The total amount payable would £529,844.38 made up of the loan amount plus interest. The overall cost for comparison is 4.6% APRC representative. This is based on £1,895 lender’s completion fee being paid upfront.
Provider:
Product Type:
Buy to Let
Initial Rate:
1.19%
Rate Ends:
31/03/2023
Cost for Comparison:
4.5% APR
Redemption Period:
31/03/2023
Calculate Monthly Payments:
Calculate
A mortgage of £315,000 payable over 25 years, initially on a fixed rate of 1.19% until 31st March 2023 and then on lender’s variable rate which is currently 4.74% for remaining mortgage term. This would require 24 payments of £312.38 followed by 276 payments of £1,244.25. The total amount payable would be £673,780.12 made up of the loan amount plus interest. 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. The overall cost for comparison is 4.5% APR representative. This is based on £6,300 lender’s completion fee being paid upfront.
Provider:
Product Type:
Next Time Buyer
Initial Rate:
1.24%
Rate Ends:
2 years
Cost for Comparison:
4.1% APR
Redemption Period:
2 Years
Calculate Monthly Payments:
Calculate
A mortgage of £315,000 payable over 25 years, initially on a variable rate of 1.24% for 24 months, this is then followed by a lenders variable rate of 3.59% for the remaining term of the mortgage. This would require 24 payments of £1,221.68, then followed by 276 payments of £1,562.26. The total amount payable would be £462,283.08 this amount is made up of the loan amount plus interest. The overall cost comparison is 4.1% APR representative. This is based on the £1,999 product fee being paid upfront.
Provider:
Product Type:
Discount
Initial Rate:
1.39%
Rate Ends:
30/06/2023
Cost for Comparison:
3.6% APR
Redemption Period:
30/06/2023
Calculate Monthly Payments:
Calculate
A mortgage of £315,000 payable over 25 years, initially on a discount rate which is currently 3.99% with a discount of 2.60% giving a current rate of 1.39%until 30th June 2023. This would be followed by a lender’s variable rate of 3.99% for the remaining term of the mortgage. This would require 27 payments of £1,243.58 followed by 273 payments of £1,623.10. The total amount payable would £479,165.96 made up of the loan amount plus interest. The overall cost for comparison is 3.6% APRC representative. This is based on £999 lender’s completion fee being paid upfront. This scheme comes with a free valuation.
Provider:
Product Type:
Tracker
Initial Rate:
BR + 1.59%
Rate Ends:
2 Years
Cost for Comparison:
3.3% APR
Redemption Period:
2 Years
Calculate Monthly Payments:
Calculate
A mortgage of £315,000 payable over 25 years, initially on a variable rate of 1.59% above the Bank of England base rate which is currently 0.10%, giving a rate of 1.69% for 24 months. This is followed by the lender’s variable rate of 3.54% for the remaining term of the mortgage. This would require 24 payments of £1288.11, this will be then followed by 276 payments of £1,560.68. The total amount payable would be £463,668.32 made up of the loan amount plus interest. The overall cost for comparison is 3.3% APRC representative. This is based on a £999 booking fee paid upfront. This scheme comes with a free valuation.

Sign up to our newsletter

By clicking subscribe you agree to our privacy policy

We respect your data

We'll always treat your personal details with utmost care, and will never sell them to other companies.

We'd like to send you updates about products and services, promotions, exclusive offers, news and events from CMME by email, SMS, phone and other electronic means. You can unsubscribe at any time by contacting us through email, telephone or post.