Find your best contractor mortgage.

A mortgage of £315,000 payable over 25 years, initially on a variable rate of 0.94% until 30th November 2023, this is then followed by a lenders variable rate of 3.59% for the remaining term of the mortgage. This would require 27 payments of £1,178.61, then followed by 273 payments of £1,553.72. The total amount payable would be £457,013.03 this amount is made up of the loan amount plus interest. The overall cost comparison is 3.2% APR representative. This is based on the £995 product fee being paid upfront. This scheme comes with a free valuation and £250 cashback at completion.

A mortgage of £315,000 payable over 25 years, initially on a variable rate of 1.35% until 30th September 2023, this is then followed by a variable rate which is 0.50% below the lenders variable which is currently 4.49%, giving a current rate of 3.99% until 30th September 2026. This is then followed by the lenders variable term of 4.49% for the remaining term of the mortgage. This would require 25 payments of £1,237.72 this is then followed by 36 payments of £1,625.30 and then finally 239 payments of £1,696.61. The total amount payable would be £496,193.02 this amount is made up of the loan amount plus interest. The overall cost comparison is 3.9% APR representative. This is based on the £999 product fee being paid upfront. This scheme comes with a free valuation.

A mortgage of £315,000 payable over 25 years, initially on a variable rate of 1.31% until 30th September 2023, this is then followed by a variable rate which 4.34% above the Bank of England rate, currently 0.10%, giving current rate payable of 4.44% for the remainder of the term. This would require 25 payments of £343.88 followed by 275 payments of £1,165.50. The total amount payable would be £647.694.50 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 4.2% APR representative. This is based on £6,300 lender’s completion fee being paid upfront.

A mortgage of £315,000 payable over 25 years, initially on a variable rate of 0.94% until 30th November 2023, this is then followed by a lenders variable rate of 3.59% for the remaining term of the mortgage. This would require 27 payments of £1,178.61, then followed by 273 payments of £1,553.72. The total amount payable would be £458,008.03 this amount is made up of the loan amount plus interest. The overall cost comparison is 3.2% APR representative. This is based on the £995 product fee being paid upfront. This scheme comes with a free valuation and £250 cashback at completion.

A mortgage of £315,000 payable over 25 years, initially on a discount rate which is currently 5.19% with a discount of 4.20% giving a current rate of 0.99% for 24 months. This is then followed by the lenders standard variable rate of 5.19% for remaining term of the mortgage. This would require 24 payments of £1,185.72 followed by then 276 payments of £1,817.72. The total amount payable would £532,863.00 made up of the loan amount plus interest. The overall cost for comparison is 4.6% APR representative. This is based on a £1,495 product fee being paid upfront. This scheme comes with a free valuation.

A mortgage of £315,000 payable over 25 years, initially on a variable rate of 0.90% above the Bank of England base rate which is currently 0.10%, giving a rate of 1.00 % until 30th November 2023. This is followed by the lender’s variable rate of 3.59% for the remaining term of the mortgage. This would require 27 payments of £1,187.15 will be then followed by 276 payments of £1,554.69. The total amount payable would be £458.503.42 made up of the loan amount plus interest. The overall cost for comparison is 3.2% APRC representative. This is based on a £995 product fee being paid upfront. This scheme comes with a free valuation and £250 cashback.