Best buys
This is a sample of purchase, remortgage and buy to let mortgages available as at 22 February 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. All examples are based on a property price of £500,000 and a loan amount of £250,000. For bespoke mortgage advice and a recommendation please call 0800 980 9877.
|
Initial Rate |
Features |
Loan to Value |
APR |
Fees |
Early Repayment Charge |
|
|
PURCHASE |
||||||
|
1.84% |
TRACKER – 1.34% above Bank Base for 24 months |
70% |
4.7% |
2% |
2% for 24 months |
|
|
2.39% |
TRACKER – 1.89% above the Bank Base until 28th February 2012 |
65% |
5.6% |
£1,995 |
4% until 28/02/2012 |
|
|
2.49% |
TRACKER – 1.99% above the Bank Base for 24 months |
70% |
4.1% |
£995 |
2% for 24 months |
|
|
2.59% |
LIFETIME TRACKER - 2.09% above Bank Base |
70% |
2.7% |
£1,499 |
1% for 2 years |
|
|
2.89% |
TRACKER – 2.39% above Bank Base for 24 months |
60% |
3.9% |
£999 |
2% for 24 months |
|
|
3.09% |
TRACKER – 2.59% above Bank Base for 36 months |
80% |
4.6% |
£799 |
3% for 36 months |
|
|
3.39% |
FIXED – until 28th February 2012 |
65% |
5.9% |
£1,995 |
4% until 28/02/2012 |
|
|
3.49% |
FIXED – until 28th February 2012 |
75% |
5.9% |
£1,995 |
4% until 28/02/2012 |
|
|
4.99% |
FIXED – until 2nd May 2015 |
70% |
4.7% |
£995 |
5% until 02/05/2015 |
|
|
REMORTGAGE |
||||||
|
1.84% |
TRACKER – 1.34% above Bank Base for 24 months |
70% |
4.7% |
2% |
2% for 24 months |
|
|
2.39% |
TRACKER – 1.89% above the Bank Base until 28th February 2012 |
65% |
5.6% |
£1,995 |
4% until 28/02/2012 |
|
|
2.49% |
TRACKER – 1.99% above the Bank Base for 24 months |
70% |
4.1% |
£995 |
2% for 24 months |
|
|
2.59% |
LIFETIME TRACKER - 2.09% above Bank Base free valuation and legal costs |
70% |
2.7% |
£1,499 |
1% for 2 years |
|
|
2.89% |
TRACKER – 2.39% above Bank Base for 24 months – free valuation and legal costs |
60% |
3.9% |
£999 |
2% for 24 months |
|
|
3.09% |
TRACKER – 2.59% above Bank Base for 36 months |
80% |
4.6% |
£799 |
3% for 36 months |
|
|
3.39% |
FIXED – until 28th February 2012 |
65% |
5.9% |
£1,995 |
4% until 28/02/2012 |
|
|
3.49% |
FIXED – until 28th February 2012 |
75% |
5.9% |
£1,995 |
4% until 28/02/2012 |
|
|
4.99% |
FIXED – until 2nd May 2015 |
70% |
4.7% |
£995 |
5% until 02/05/2015 |
|
|
BUY TO LET |
||||||
|
4.60% |
FIXED – until 1st April 2012 |
60% |
4.9% |
£999 |
3% until 01/04/2012 |
|
|
5.69% |
FIXED - until 30th April 2015 |
60% |
6.0% |
£1,549 |
5% in years 1&2 4% in year 3 3% in year 4 2% in year 5 |
|