BEST BUYS - Our exclusive best buy of the week
WE HAVE NEW PRODUCTS EVERY DAY
Just call us on 0845 230 9091 or click here: ENQUIRE
The product(s) below are our best buy(s) based on a 25 year repayment mortgage of £750,000 on a property valuation of £1,000,000. This is an illustration of what you might expect to pay per month.
EXCLUSIVE LARGE LOAN REMORTGAGE RATE OF THE WEEK!
(figures correct as of 28.10.08)
|
INTEREST RATE
|
Bank of England Base Rate Offset Remortgage Tracker - BBR + 1.63% for Term
(Max 75% LTV Remortgage)
Current Pay Rate 6.13%
|
|
THE OVERALL COST FOR COMPARISON IS
|
6.3% APR
|
|
INITIAL MONTHLY REPAYMENTS
VARIABLE RATE: CURRENTLY
|
£4,901.81 pcm Tracker rate (Repayment)
£3,838.91 pcm Tracker Rate (Interest Only)
Not Applicable - Tracker Rate for Term
|
|
VALUATION FEE
|
FREE BASIC VALUATION - (Up to £1,195)
|
|
LENDER ARRANGEMENT FEE
|
£1,499 ArrangementFee (can be added to the loan)
|
|
EARLY REPAYMENT CHARGE
|
An early repayment charge is payable if you pay back all of the mortgage in the first two years. This is currently £425.00 Fixed.
|
|
OVERPAYMENTS
|
Yes - no restrictions on amount.
Underpayments Allowed
Full Offsetting Mortgage Facility
|
|
FEATURES
CASH BACK / OTHER INCENTIVES / OTHER FEATURES
|
Mortgage is portable if you move house.
FREE LEGAL WORK
New Build and Right to Buy, Studio, Properties above 4 storeys, Flats above shops, Listed buildings all acceptable properties.
Max Age to 85 years old.
Maximum Mortgage Term: 35 Years
FAST TRACK - No Bank Statement, Payslips or P60 required.
|
|
INCOME MULTIPLES
|
Income multiples of up to 5.1 x single or 5.1 times Joint income
|
|
MAXIMUM LOAN SIZE
MAXIMUM LOAN TO VALUE (LTV)
|
£1,000,000
75% LTV
|
SPECIAL NOTICE TO CLIENTS & CONSUMERS:
DUE TO CURRENT MARKET CONDITIONS, LENDERS ARE INTRODUCING RATES AND WITHDRAWING THEM AT SHORT OR NO NOTICE WHATSOEVER. THIS MEANS THAT OUR BEST BUY TABLES AND RATES CANNOT BE GUARANTEED FOR LONGER THAN 48 HOURS.
WE DO WELCOME ALL ENQUIRIES. PLEASE CALL 0845 230 9091 OR COMPLETE THE ONLINE ENQUIRY FORM AND WE WILL BE DELIGHTED TO QUOTE FOR ALL INDIVIDUAL CIRCUMSTANCES AND CASES.
THANK YOU
COST OF ADVICE
As independent advisers, you can choose how we are paid. We usually charge an administration fee of £250 when a full mortgage application is submitted to the lender. We may on completion receive a commission from the lender. Alternatively, you can pay us a a fee of 0.5% of the loan and we will refund any commission back to you that we receive.
We adhere to the principles of treating customers fairly and if we do charge you a fee, we will put in writing to you details of any fees before commencing any work.
Your property may be repossessed if you do not keep up repayments on your mortgage.
For Self Certification/Right to Buy loans the overall cost of comparison is 10.6% APR. The actual rate available will depend on your circumstances. Ask for a personalised illustration. This APR is based on those with a clean credit history.