Find your best contractor mortgage.

A mortgage of £315,000 payable over 25 years, initially on a fixed rate of 1.49% until 28/02/2022 and then on a variable rate of 4.24% for the remaining 23 years would require 24 payments of £1,258.32 followed by 276 payments of £1,668.83. The total amount payable would be £492,875.76 made up of the loan amount plus interest. The overall cost for comparison is 3.9% APRC representative. With £999 lender’s product fee being paid upfront.

A mortgage of £315,000 payable over 25 years, initially on a Tracker rate which is currently 0.74% above the Bank of England base rate, currently 0.75% for 24 months, giving a current rate of 1.49%. This would be followed by a variable rate of 4.24% for the remaining 23 years and would require 24 payments of £1,258.42 followed by 276 payments of £1,668.96. The total amount payable would be £493,719.04 made up of the loan amount plus interest. The overall cost for comparison is 3.9% APRC representative. With £999 lenders product fee being payable up front.

A mortgage of £315,000 payable over 25 years, initially on a fixed rate of 1.35% until 31/03/2022 and then on a variable rate of 4.74% for the remaining 23 years would require 26 payments of £354.49 and 274 payments of £1,244.25. The total amount payable would be £667,692.38. The overall cost for comparison is 4.4 % APRC representative. This is based on the £995 lender’s product 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 fixed rate of 1.05% until 31/03/2022 and then on a variable rate of 4.24 % for the remaining 23 years would require 26 payments of £1,194.29 followed by 274 payments of £1,658.72. The total amount payable would be £487,401.09 made up of the loan amount plus interest. The overall cost for comparison is 3.8 % APRC representative. With £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 5.69% with a discount of 4.30% for 2 years, giving a current rate of 1.39% (which will not go below a floor of 1.39%) requires 24 payments at £1,243.58. This would be followed by a variable rate which is 1.25% below the lenders Standard Variable Rate (SVR), currently 5.69%, giving a current rate payable of 4.44% for a period of 36 months at £1,699.77, followed by the lenders SVR, currently 5.69%, for the remaining term of the mortgage at 240 payments of £1,886.78. The total amount payable would be £546,212.84 made up of the loan amount plus interest. The overall cost for comparison is 4.8% APRC representative. This is based on the £999 lender’s product fee being paid upfront.

A mortgage of £315,000 payable over 25 years, initially on a Bank of England base rate currently 0.75%+ 0.23% tracker rate for 2 years at 0.98% currently (which will not go below a floor of 0.23%) and then on a variable rate of 4.24% for the remaining 23 years would require 26 payments of £1,184.30 followed by 274 payments of £1,657.56. The total amount payable would be £487,157.24 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.