Find your best contractor mortgage.

A mortgage of £300,000 payable over 25 years, initially on a variable rate of 1.20% until 31st December 2022 and then on lender’s variable rate which is currently 3.59% for remaining mortgage term. This would require 26 payments of £1,163.77 followed by 274 payments of £1,492.33. The total amount payable would be £440,512.71 made up of the loan amount plus interest. The overall cost for comparison is 3.3% APR representative. This is based on £1,499 lender’s product fee being paid upfront.

A mortgage of £300,000 payable over 25 years, initially on a variable rate of 1.44% above the Bank of England base rate which is currently 0.10%, giving a rate of 1.54% 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 £1212.62 followed by 276 payments of £1500.71. The total amount payable would be £444,499.84 made up of the loan amount plus interest. The overall cost for comparison is 3.4% APRC representative. This is based on £1,749 application fee being paid upfront. This scheme comes with comes with a free valuation.

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 25 payments of £312.38 followed by 275 payments of £1,244.25. The total amount payable would be £672,898.25 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 £6300 lender’s completion fee being paid upfront.

A mortgage of £315,000 payable over 25 years, initially on a variable rate of 1.20% until 31st December 2022 and then on lender’s variable rate which is currently 3.59% for remaining mortgage term. This would require 26 payments of £1,215.88 followed by 274 payments of £1,559.19. The total amount payable would be £461,677.99 made up of the loan amount plus interest. The overall cost for comparison is 3.3% APR representative. This is based on £1,499 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 3.49% 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 £1,262.76 followed by 276 payments of £1,792.70. The total amount payable would £528,878.94 made up of the loan amount plus interest. The overall cost for comparison is 4.6% APRC representative.

A mortgage of £315,000 payable over 25 years, initially on a variable rate of 1.48% above the Bank of England base rate which is currently 0.10%, giving a rate of 1.58% 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 £1271.67 followed by 276 payments of £1566.98. The total amount payable would be £464,242.56 made up of the loan amount plus interest. The overall cost for comparison is 3.3% APRC representative. This is based on £35 completion fee being paid upfront. This scheme comes with comes with a free valuation.