Feefo Logo
phone-expert
Call an expert: 01489 555 080

Find your best contractor mortgage.

We work with the UK’s leading contractor mortgage lenders to bring contractors more choice and better value.

Exclusive rates are also available from CMME, please contact one of our brokers to discuss further on  01489 555 080.

Provider
Product Type
Initial Rate
Rate Ends
Cost for Comparison
Redemption Period
Calculate Monthly Payments
Provider:
Product Type:
First Time Buyer
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 variable rate, currently 4.99%, with a discount of 3.47% giving a current rate payable of 1.52% for a period of 24 months and then on a variable rate of 4.99% for the remaining 23 years. This would require 24 payments of £1,262.76 followed by 276 payments of £1,792.70. The total amount payable would be £528,878.94 made up of the loan amount plus interest. The overall cost for comparison is 4.6% APRC representative. With £1,895 lender’s completion 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 variable rate, currently 4.99%, with a discount of 3.47% giving a current rate payable of 1.52% for a period of 24 months and then on a variable rate of 4.99% for the remaining 23 years. This would require 24 payments of £1,262.76 followed by 276 payments of £1,792.70. The total amount payable would be £528,878.94 made up of the loan amount plus interest. The overall cost for comparison is 4.6% APRC representative. With £1,895 lender’s completion fee being paid upfront.
Provider:
Product Type:
Buy to Let
Initial Rate:
1.59%
Rate Ends:
2 years
Cost for Comparison:
5.3% APR
Redemption Period:
2 years
Calculate Monthly Payments:
Calculate
A mortgage of £315,000 payable over 25 years, initially on a variable rate, currently 5.64%, with a discount of 4.05% giving a current rate payable of 1.59% for a period of 24 months and then on a variable rate of 5.64% for the remaining 23 years. This would require 24 payments of £417.40 and 276 payments of £1,480.59. The total amount payable would be £736,420.44. The overall cost for comparison is 5.3% APRC representative with £995 lender’s arrangement 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.
Provider:
Product Type:
Next Time Buyer
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 variable rate, currently 4.99%, with a discount of 3.47% giving a current rate payable of 1.52% for a period of 24 months and then on a variable rate of 4.99% for the remaining 23 years. This would require 24 payments of £1,262.76 followed by 276 payments of £1,792.70. The total amount payable would be £528,878.94 made up of the loan amount plus interest. The overall cost for comparison is 4.6% APRC representative. With £1,895 lender’s completion fee being paid upfront.
Provider:
Product Type:
Discount
Initial Rate:
1.34%
Rate Ends:
24 months
Cost for Comparison:
4.7% APR
Redemption Period:
24 months
Calculate Monthly Payments:
Calculate
A mortgage of £315,000 payable over 25 years, initially on a discount rate which is currently 3.91% below the lenders Standard Variable Rate, currently 5.25%, giving a current rate of 1.34% for a period of 24 months. This would be followed by the standard variable rate which is currently 5.25% for the remaining term of the mortgage. This would require 24 payments of £1,236.26 followed by 276 payments of £1,833.65. The total amount payable would be £537,065.14 made up of the loan amount plus interest. The overall cost for comparison is 4.70% APRC representative.
Provider:
Product Type:
Tracker
Initial Rate:
BR + 0.91%
Rate Ends:
24 months
Cost for Comparison:
4.3% APR
Redemption Period:
24 months
Calculate Monthly Payments:
Calculate
A mortgage of £315,000 payable over 25 years, initially on a tracker rate which is +0.91% above the Bank of England base rate, giving a current rate of 1.91% for 24 months. This would be followed by a variable rate which is 1.00% below the lenders Standard Variable Rate, currently 4.89%, giving a current rate payable of 3.89% for a period of 36 months. This would then be followed by the lenders standard variable rate which currently is 4.89% for the remainder of the mortgage term. This would require 24 payments of £1,321.38 followed by 36 monthly payments (at a variable rate currently 3.89%) of £1,618.73 followed by 240 monthly payments of £1,763.54. The total amount payable would be £515,342.00 made up of the loan amount plus interest. The overall cost for comparison is 4.3% APRC representative. This is based on the £995 lender’s completion fee being paid upfront.

Sign up to our newsletter

By clicking subscribe you agree to our privacy policy

We respect your data

We'll always treat your personal details with utmost care, and will never sell them to other companies.

We'd like to send you updates about products and services, promotions, exclusive offers, news and events from CMME by email, SMS, phone and other electronic means. You can unsubscribe at any time by contacting us through email, telephone or post.