Any property used as security, which may include your home. may be repossessed if you do not keep up repayments on your mortgage
Residential and Buy to Let Mortgages
Rates current at 18/11/2019 source Twenty7tec. The overall cost for comparison is based on an open market value of £300,000 over a 25 year term (unless otherwise stated). Large loan product example is based on a property value of £800,000. Right-to-Buy product examples are based on a discounted purchase price of £200,000. Repayment for Residential and Interest only for Buy-to-let (unless otherwise specified). Eligibility will depend on your own personal circumstances.
KEY – ERC = Main early repayment charge.
Niche Advice arranges mortgages but is not a Lender.
The purpose of this web is for information only and is based on a fictitious illustrative scenario. It does not constitute a Mortgage Offer in any way.
A first charge over your property is required as security for the loan.
Please be aware borrowing money over a longer period will add to the overall cost.
The formal mortgage offer of an advance will be subject to a valuation and other satisfactory references.
| Initial Rate: 1.78% | Subsequent Rate: 5.19% |
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| The overall cost for comparison 4.30% APRC |
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| The total amount you must pay back, including the amount borrowed is £323,233.96 |
| Features: Excellent rate |
| Type and initial benefit period | Fixed until 01/03/2025. |
| Minimum deposit / equity | 50% |
| Valuation fee | £275 |
| Booking fee | £0 |
| Lender arrangement | £1,995 |
| Telegraphic transfer / CHAPS fee | £30 |
| Lender Legal fee charged to your solicitor | TBC |
| Early repayment charge | 4.5% of the amount repaid in the fixed period |