Find your best contractor mortgage.

A mortgage of £315,000 payable over 25 years, initially on a rate of 5.09% fixed until 28/02/2025 with 25 monthly repayments of £1,856.13 and then on to the lenders Standard Variable rate (SVR) which is currently 5.74%, for the remaining term of the mortgage at £1,992.07 for 275 months. The total amount payable would be £525000 made up of the loan amount plus interest. The overall cost for comparison is 5.9% APRC representative. With the £1,499 lender’s product fee being paid upfront.

A mortgage of £315.000 payable over 25 years, initially on a fixed rate of 6.40% until 31/01/2025 and then on a variable rate of 5.39% currently, with a discount of 1.19%, giving a current rate payable of 4.20% until 31/01/2028, followed by the lenders standard variable rate, currently 5.39% for the remaining term of the mortgage. This would require 26 payments of £2,105.06 followed by 36 payments of £1,721.31, then 238 payments of £1,902.11. The total amount payable would be £570,637.90 made up of the loan amount plus interest. The overall cost for comparison is 5.5% APRC representative. This is based on the £995 lender’s product fee being paid upfront.

A mortgage of £315,000 payable over 25 years, initially on a fixed rate which is currently 5.04% until 30/11/2024. This would be followed by a variable rate, currently 6.24% for the remaining term. This would require 24 payments of £1,323.00 followed by 276 payments of £1,638.00. The total amount payable would be £809,910.00. The overall cost for comparison is 6.5% APRC representative. This is based on the £9450 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 fixed rate of 5.62% until 31/01/2025 and then on a variable rate which is 3.49% above the Bank of England base rate, currently 2.25%, giving a current rate payable of 5.74% for the remaining 23 years would require 26 payments of £1,957.01 followed by 274 payments of £1,978.31. The total amount payable would be £595,174.20 made up of the loan amount plus interest. The overall cost for comparison is 5.9% APRC representative. With £999 lender’s completion fee being paid upfront.

A mortgage of £315,000 payable over 25 years, initially on a discount rate which is currently 3.26% below the lenders Standard Variable Rate, currently 5.99% for a period of 24 months, giving a current rate of 2.73%. This would be followed by the standard variable rate which is currently 5.99%. This would require 24 payments of £1,462.49pcm followed by 276 payments of £2,008.73pcm. The total amount payable would be £590,816.74 made up of the loan amount plus interest. The overall cost for comparison is 5.70% APRC representative.

A mortgage of £315,000 payable over 25 years, initially on a tracker rate which is +0.78% above the Bank of England base rate, currently 2.25%, giving a current rate of 3.03%. This would be followed by the lenders Standard Variable Rate, which is currently 5.39% for the remainder of the mortgage term. This would require 29 payments of £1,497.46 followed by 271 monthly payments of £1,874.17. The total amount payable would be £553,890.62 made up of the loan amount plus interest. The overall cost for comparison is 5.00% APRC representative. This is based on the £999 lender’s arrangement fee being paid upfront.