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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:
1.28%
Rate Ends:
31/12/2022
Cost for Comparison:
3.3% APR
Redemption Period:
31/12/2022
Calculate Monthly Payments:
Calculate
A mortgage of £315,000 payable over 25 years, initially on a variable rate of 1.28% until 31st December 2022 and then on lender’s variable rate which is currently 3.59% for remaining mortgage term. This would require 25 payments of £1,227.50 followed by 275 payments of £1,561.60. The total amount payable would be £462.187.77 made up of the loan amount plus interest. The overall cost for comparison is 3.3% APR representative. This is based on £999 lender’s product fee being paid upfront.
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 added to the mortgage, you will pay additional interest on this amount.
Provider:
Product Type:
Buy to Let
Initial Rate:
1.19%
Rate Ends:
30/11/2022
Cost for Comparison:
4.5% APR
Redemption Period:
30/11/2022
Calculate Monthly Payments:
Calculate
A mortgage of £315,000 payable over 25 years, initially on a fixed rate of 1.19% until 30th November 2022 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:
1.49%
Rate Ends:
31/12/2022
Cost for Comparison:
4.0% APR
Redemption Period:
31/12/2022
Calculate Monthly Payments:
Calculate
A mortgage of £315,000 payable over 25 years, initially on a variable rate of 1.49% until 31st December 2022. Then followed by a variable rate which is 0.50% lenders standard variable, which is currently 4.49%, giving a current of 3.99% until 31st December 2025. This is then followed by lenders standard variable rate of 4.49% for the remaining mortgage term. This would require 25 payments of £1,258.32, followed by 36 payments of £1,627.41, then followed by 239 payments of £1,698.80. The total amount payable would be £ 498,302.39 made up of the loan amount plus interest. The overall cost for comparison is 4.0% APRC representative. This is based on £999 lender’s product fee is paid upfront. This scheme comes with a free valuation.
Provider:
Product Type:
Discount
Initial Rate:
1.65%
Rate Ends:
2 Years
Cost for Comparison:
4.3% 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 4.74% with a discount of 3.09% giving a current rate of 1.65% for 24 months. This would be followed by a lender’s variable rate of 4.74% for the remaining term. This would require 24 payments of £1,282.12 followed by 276 payments of £1,753.02. The total amount payable would £517,128.40 made up of the loan amount plus interest. The overall cost for comparison is 4.3% APRC representative. This is based on £499 lender’s product fee being paid upfront.
Provider:
Product Type:
Tracker
Initial Rate:
BR + 1.75%
Rate Ends:
2 Years
Cost for Comparison:
3.4% APR
Redemption Period:
2 Years
Calculate Monthly Payments:
Calculate
A mortgage of £315,000 payable over 25 years, initially on a variable rate of 1.75% above the Bank of England base rate which is currently 0.10%, giving a rate of 1.85% for 24 months. This is followed by a variable rate 3.49% above the Bank of England base rate, currently at 0.10%, giving a current rate payable of 3.59% for the remaining term of the mortgage. This would require 24 payments of £1312.26 followed by 276 payments of £1570.63. The total amount payable would be £ 466,244.12 made up of the loan amount plus interest. The overall cost for comparison is 3.4% APRC representative. This is based on a £35 completion fee paid upfront. This scheme comes with a free valuation.

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