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Product Type Initial Rate Rate Ends Cost for Comparison Redemption Period Calculate Monthly Payments
First Time Buyer Fixed Base Rate + 0.64 31/03/2021 3.8% APR 31/03/2021 Calculate

Representative Example

A mortgage of £315,000 payable over 25 years, initially on a Bank of England base rate currently 0.75% + 0.64% tracker rate until 31/03/2021 at a rate payable of 1.39% currently and then on a variable rate of 4.24% for the remaining 23 years. During the discount period you would require 25 payments of £1,247.53 followed by 275 payments of £1,671.08. The total amount payable would be £491,791.52 made up of the loan amount plus interest. The overall cost for comparison is 3.8% APRC representative. With £999.00 lender’s product fee being added to the loan, you will pay additional interest on this amount.

Offset 1.64 28/02/2021 3.9% APR 28/02/2021 Calculate

Representative Example

A mortgage of £315,000 payable over 25 years, initially on a fixed rate which is 1.64% until 28/02/2021. This would be followed by a variable rate of 4.24% for the remainder of the mortgage term. During the discount period you would require 24 payments of £1,286.82 followed by 276 payments of £1,679.10. The total amount payable would be £495,900.28 made up of the loan amount plus interest. The overall cost for comparison is 3.9% APRC representative. With £1,499.00 lender’s arrangement fee being added to the loan, you will pay additional interest on this amount.

Buy to Let Fixed Base Rate + 1.33 30/04/2021 5.4% APR 30/04/2021 Calculate

Representative Example

A mortgage of £315,000 payable over 25 years, initially on a variable rate which is 1.33% above the Bank of England base rate currently 0.75%, giving a current rate payable of 2.08%with monthly payments of £549.53 until 30/04/2021 followed by a variable rate which is 1.00% below the lenders standard variable rate of 5.99% currently, giving a current rate payable of 4.99% until 31/03/2024 with 35 monthly payments of £1,318.33, following this the mortgage will be charged at the lenders standard variable rate of 5.99% for the remaining with 239 monthly payments of £1,582.53. The total amount payable would be £757,002.00. The overall cost of comparison is 5.4% APRC representative. 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 term.

Fixed Base Rate + 0.66 24 months 4.5% APR 24 months Calculate

Representative Example

A mortgage of £315,000 payable over 25 years at a variable discount rate for a 2 year period at 0.66% above the Bank of England Base Rate currently 0.75%, giving a current rate payable of 1.41% paying £1,250.48 for 24 months followed by a standard variable rate of 4.99% for the remaining 23 years paying £1,796.65 for 276 months. The total amount payable would be £527,051.92 made up of the loan and interest. The overall cost of comparison is 4.50% APRC representative. This is a capital repayment mortgage subject to a variable interest rate with a lenders completion fee of £995 which will be added to the mortgage.

Discount 1.39 24 months 4.8% APR 24 months Calculate

Representative Example

A mortgage of £315,000 payable over 25 years, initially on a discount rate which is currently 1.39% (5.69% lenders standard variable rate with a discount of 4.30% for 2 years, giving a current rate of 1.39%). Followed by a variable rate which is 1.00% below the lenders standard variable rate, currently 5.69%, giving a current rate payable of 4.69% for a period of 3 years followed by the lenders standard variable rate, currently 5.69%, for the remaining term of the mortgage. The rate of 1.39% would require 24 payments of £1,243.58 followed by 36 payments of £1,740.77 and then 240 payments of £1,891.60. The total amount payable would be £548,845.64 made up of the loan amount plus interest. The overall cost for comparison is 4.8% APRC representative. This comes with a free basic mortgage valuation and a £999 lender product fee being paid up front.

Tracker Base Rate + 0.63 31/03/2021 4.8% APR 31/03/2021 Calculate

Representative Example

A mortgage of £315,000 payable over 25 years, the tracker rate is currently 1.38% (A variable rate which is 0.63% above the Bank of England base rate, currently 0.75%, giving a current rate payable of 1.38% until 31-Mar-2021 followed by a variable rate which is 1.00% below the lenders standard variable rate, currently 5.69%, giving a current rate payable of 4.69% until 31-Mar-2024 followed by the lenders standard variable rate, currently 5.69%, for the remaining term of the mortgage). The initial rate of 1.38% will cost £1242.12 for 25 months and then the next rate of 4.69% will be £1,738.76 per month for 36 months and the remaining would be on the variable rate of 5.69% and require 239 monthly payments of £1,888.90. The total amount payable would be £547,443.46 made up of the loan amount plus interest. The overall cost for comparison is 4.8% APRC representative. With Free Valuation for Purchases and based on the £999 lender’s product fee being paid upfront.