Find your best contractor mortgage.

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.

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.

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.

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.

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.

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.