Find your best contractor mortgage.

A variable rate which is 2.21% below the lender's Standard Variable Rate, currently 5.60%, giving a current rate payable of 3.39% for a period of 3 years followed by the Standard Variable Rate, currently 5.60%, for the remaining term of the mortgage. This would require 36 payments of £1,557.09 followed by 264 payments of £1,909.39. The total amount payable would be £561,529.20 made up of the loan amount plus interest. The overall cost for comparison is 5.2% APRC representative, the scheme comes with a £0 valuation fee and £600 application fee.

A variable rate, currently 7.45%, with a discount of 3.21% giving a current rate payable of 4.24% until 30-Apr-2025 followed by the lender's Offset Variable Rate, currently 7.45%, for the remaining term of the mortgage. This would require 26 payments of £1,710.12 followed by 274 payments of £2,279.90. The total amount payable would be £670,397.72 made up of the loan amount plus interest. The overall cost for comparison is 7.0% APRC representative, the scheme comes with a £312 valuation fee and £999 product fee.

A mortgage of £315,000 payable over 25 years, initially on a fixed rate which is currently 4.29% until 31/03/2025. This would be followed by the lenders variable Buy To Let rate of 6.99% for the remaining 23 years and would require 25 payments of £1,713.54 followed by 275 payments of £2,188.67. The total amount payable would be £654,797.75 made up of the loan amount plus interest. The overall cost for comparison is 7% APRC representative. This is based on the lenders completion fee of £9,450 and valuation fee of £515.00 being paid upfront.

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 of 1.42% of the lenders standard variable rate which is currently 4.91% for a period of 25 months, giving a current rate of 3.49%. This would be followed by the standard variable rate which is currently 4.91%. This would require 25 payments of £1,573.89 followed by 275 payments of £1,805.47. The total amount payable would be £538,815.50 made up of the loan amount plus interest. The overall cost for comparison is 4.80% APRC representative. This is based on the £999 lender’s completion fee being paid upfront.

A mortgage of £315,000 payable over 25 years, initially on a tracker rate which is +0.28% above the Bank of England base rate, currently 3.50% until 30/06/2025, giving a current rate of 3.78%. This would then be followed by the lenders standard variable rate which currently is 5.84% for the remainder of the mortgage term (272 months). This would require 28 payments of £1,623.00.18 followed by 272 monthly payments (at a variable rate currently 5.84%) of £1,967.08. The total amount payable would be £582,739.23, made up of the loan amount plus interest. The overall cost for comparison is 5.6% APRC representative. This is based on the £999 lender’s product fee being paid upfront.