Our choice for May’s Mortgage Deal of the Month is an Intermediary exclusive 2 Year Fixed rate.
A fixed rate of 1.35% until 30/06/2021.
This reverts to:
Lender’s Standard Variable Rate, currently 4.24%, for the remaining term of the mortgage.
The overall cost for comparison is:
The APRC applicable to your loan is 3.8%
£1,499 arrangement fee
- Available on residential loans up to 60% of the purchase price or valuation of the property, whichever is the lower.
- Available for purchase only
- The product is available for loans between £250,000 to £1,000,000
- Early Repayment Charge (ERC): 1.3% of loan amount redeemed until 30-Jun-2020; then 0.7% of loan amount redeemed until 30-Jun-2021.
Information is correct as at 16th May 2019.