Find your best contractor mortgage.

A mortgage of £315,000 payable over 25 years, initially on a fixed rate for 25 months of 1.19% with payments of £1,218.27 and then on a variable rate of 4.24% for the remaining term with payments of £1,667.94. The total amount payable would be £490,165.25 made up of the loan amount plus interest. The overall cost for comparison is 3.8% APRC representative. With £995 lender’s product fee being added to the loan.

A mortgage of £315,000 payable over 25 years, initially on a fixed rate of 1.49% for 24 months followed by a variable rate which is 0.25% above the lenders Standard Variable Rate currently 4.74%, giving a current rate payable of 4.99% until 31/12/2024 and then on a variable rate of 4.74% for the remaining term would require 24 payments of £1,262.31 followed by 36 payments of £1,797.91 and then 240 payments of £1,760.49. The total amount payable would be £518,783.23 made up of the loan amount plus interest. The overall cost for comparison is 4.4% APRC representative.

A mortgage of £315,000 payable over 25 years, initially on a fixed rate of 1.35% until 31/01/2022 and then on a variable rate which is 4.49% above the Bank of England base rate giving a current rate payable of 5.24% for the remaining 23 years would require 25 interest only payments of £354.38 followed by 275 payments of £1,375.50. The total amount payable would be £705,523. The overall cost for comparison is 4.9% APRC representative. With £1,795 lender’s application 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 tracking rate which is 0.38% above the Bank of England base rate currently 0.75% giving a current rate payable of 1.13% until 31/03/2022 and then on a variable rate of 4.24% for the remaining 23 years would require 27 payments of £1,205.78 followed by 273 payments of £1,658.32. The total amount payable would be £487,632.69 made up of the loan amount plus interest. The overall cost for comparison is 3.8% APRC representative. With £999 Lender’s product fee being paid upfront.

A mortgage of £315,000 payable over 25 years, initially on a variable rate which is currently the lenders Standard Variable Rate of 5.00% with a discount of 3.61% for 24 months, giving a current rate payable of 1.39%. This would be followed by a variable rate of 5.00% currently for the remaining term of the mortgage and would require 24 payments of £1,243.58 followed by 276 payments of £1,792.32. The total amount payable would be £525,833.74 made up of the loan amount plus interest. The overall cost for comparison is 4.5% APRC representative.

A mortgage of £315,000 payable over 25 years, initially on a tracker rate which is currently 0.23% above the Bank of England base rate currently 0.75% for 27 months, giving a current rate of 0.98%. This would be followed by a variable rate of 4.24% for the remaining 273 months and would require 27 payments of £1,184.30 followed by 273 payments of £1,655.76. The total amount payable would be £486,353.85, made up of the loan amount plus interest. The overall cost for comparison is 3.7% APRC representative. This is based on the £999 lender’s product fee being paid upfront.