Best buys
This is a sample of purchase and remortgage products available as at 26th of August 2010. There are a number of factors, in addition to the interest rate, which affect the cost of borrowing, such as arrangement fees, early repayment charges and other setting up costs. When compiling this selection we have taken these other factors into consideration. Examples are based on a property price of £800,000 and each product's respective maximum loan to value, or a loan of £350,000. For bespoke mortgage advice and a recommendation please call or e-mail using the details above. Lenders' arrangement fees can be added unless stated.
|
Residential Variable Rates |
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|
Initial Rate |
Features |
Loan to Value |
APR |
Fees |
Early Repayment Charge |
Notes |
|
2.19% |
2 YEAR TRACKER - Bank Rate + 1.69 for 24 months |
70% |
4.70% |
2% of the loan amount |
2% for 24 months |
Flexible: can overpay down to £1 balance. Max loan £550k. |
|
2.35% |
2 YEAR TRACKER - Bank Rate + 1.85 for 24 months |
60% |
3.70% |
£999 |
3% until 30/11/12 |
Max loan £1,500,000 |
|
2.45% |
2 YEAR TRACKER - Bank Rate + 1.95 until 30/11/12 |
60% |
4.80% |
£999 |
3% until 30/11/12 |
Remortgages: free valuation and legal fees. Max loan £1,500,000. |
|
2.89% |
Variable discount for the term of the mortgage |
65% |
3.10% |
£199 up front and £800 added |
none |
Max loan £1m |
|
2.89% |
TRACKER - Bank Rate + 2.39 for term of the mortgage |
70% |
3.1% APR |
£1,499 |
1% of the loan |
Lifetime tracker. Max loan £1m. |
|
2.89% |
TRACKER - Bank Rate + 2.39 until 31/08/12 |
75% |
6.40% |
£995 |
4% until 31/08/12 |
Prime Offset. Max loan £750,000. |
|
2.99% |
2 YEAR TRACKER - Bank Rate + 2.49 until 29/10/12 |
80% |
3.50% |
0.5%, min £1,000 |
30 days notice |
Private bank- rates and features negotiable. No Maximum loan. |
|
5.49% |
2 YEAR PROFESSIONAL OFFSET TRACKER Bank Rate + 4.99 |
90% |
4.20% |
£995 |
2% for 2 years |
Offset account. Maximum Loan £500,000. |
|
Residential Fixed Rates |
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|
Initial Rate |
Features |
Loan to Value |
APR |
Fees |
Early Repayment Charge |
Notes |
|
2.64% |
2 YEAR FIXED until 31/08/12 |
70% |
5.20% |
2% of the loan amount |
3% until 31/08/12 |
Maximum loan £999,999. Overpayments up to 10% allowed penalty free annually |
|
2.99% |
2 YEAR FIXED until 31/09/12 |
70% |
3.40% |
£1,999 |
3% to 31/09/12 |
Max loan £1m. Free valuation and legals on remortgages |
|
3.59% |
2 YEAR FIXED - until 10/09/12 |
80% |
5.20% |
0.5% min £1,000 |
3% until 10/09/12 |
Private bank- rates and features negotiable. No Maximum loan. |
|
4.09% |
5 YEAR FIXED |
75% |
6.40% |
£1,995 |
5/5/5/4/3% until 31/08/15 |
Max loan £750,000. |
|
4.15% |
2 YEAR FIXED until 01/11/12 |
80% |
5.10% |
£995 |
4% until 01/11/12 |
Guarantors acceptable. Max loan £1,000,000 |
|
4.99% |
5 YEAR FIXED |
80% |
3.80% |
£95 up front and £999 added |
up to 5% in the first 5 years, reducing 1% each year. |
Private bank- rates and features negotiable. No Maximum loan. |
|
6.89% |
5 YEAR FIXED |
90% |
4.60% |
£995 |
5% in first 2 years, 4% in year 3, 2% in year 4 and 1% in final year |
Maximum loan £300,000. |
Buy to let mortgages can be found here