Our choice for Februarys’ Mortgage Deal of the Month is an Intermediary exclusive 5 Year Fixed rate
A fixed rate of 1.80% until 30/06/2024
This reverts to:
Halifax’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 3.4%
Arrangement and booking fee:
- Available on residential loans up to 60% of the purchase price or valuation of the property, whichever is the lower.
- Flexible Features – Portable, Overpayments, Payment holidays available.
- Available for purchase and remortgage.
- The product is available up to a loan of £1,000,000
- Early Repayment Charge (ERC)
4.75% of the amount repaid until 30/06/2020
4.00% of the amount repaid until 30/06/2021
3.00% of the amount repaid until 30/06/2022
2.25% of the amount repaid until 30/06/2023
1.00% of the amount repaid until 30/06/2024
Information is correct as at 14th February 2019.
3.6% APRC based on borrowing £400,000 over 25 years on 1.29% fixed for 24 months, giving 24 monthly payments of £1,564.56 followed by 276 payments of £2,069.74 on a variable rate (currently 3.99%). Total amount payable £609,056 including the following one off costs – £999 lender arrangement fee and £20 remittance fee