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You are here: Home / Joint Borrower Sole Proprietor Guarantor Mortgage

Joint Borrower Sole Proprietor Guarantor Mortgage

Initial Rate: 1.61%Subsequent Rate: 4.24%
The overall cost for comparison 3.90% APRC
The total amount you must pay back, including the amount borrowed is £399,711
Features: Allows applicants to be financially supported by others that will not be on the title deeds. .
Type and initial benefit periodFixed until 31/10/2021.
Minimum deposit / equity15%
Valuation feeFREE
Booking fee£0
Lender arrangement£995
Telegraphic transfer / CHAPS fee£35
Lender Legal fee charged to your solicitor£126
Early repayment charge2% of the amount repaid in the fixed period
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Any property used as security, which may include your home. may be repossessed if you do not keep up repayments on your mortgage

Important Information

Residential and Buy to Let Mortgages

Rates current as at 4/8/19. 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. Shared Ownership based on a 25% share. 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.

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.

It is essential that you seek independent mortgage advice as a suitable product will be based on your own individual circumstances. An interest rate should not be read in isolation, and you should refer to your personal key facts illustration and Mortgage Offers for full terms and conditions. If anything is unclear it should be discussed fully with both your mortgage and legal advisors before entering into a mortgage contract with the lender.

The information contained herein is based on research through the Trigold (IRESS UK) sourcing system. When first published to this site the data is normally 24 hours behind real time, and may or may not still be available.

A first charge over your property is required as security for the loan.

The formal mortgage offer of an advance will be subject to a valuation and other satisfactory references.

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AS A MORTGAGE IS SECURED AGAINST YOUR HOME OR PROPERTY, IT COULD BE REPOSSESSED IF YOU DO NOT KEEP UP THE MORTGAGE REPAYMENTS.
If you are thinking of consolidating existing borrowing you should be aware that you may be extending the terms of the debt and increasing the total amount you repay. Niche Advice Limited is a Credit Broker and does not lend money directly to clients. Niche Advice Limited is authorised and regulated by the Financial Conduct Authority.

FCA Number: 750263.

Commercial Buy-to-Let and commercial mortgages are not regulated by the Financial Conduct Authority.

Our Fees

Click here for our fees structure. A full detailed fee plan will accompany all our quotes.

Niche Advice Limited has a commercial arrangement under an affiliate programme with Check My File and is remunerated for referrals.

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If you wish to register a complaint, please write to us on the details below or call us on: 020 7993 2044.

Correspondence Address: Niche, Unit F3, The Addington Business Centre, Vulcan Way, New Addington, Surrey CR0 9UG.

A summary of our internal complaints handling procedures for the reasonable and prompt handling of complaints is available on request and if you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service at www.financial-ombudsman.org.uk or by contacting them on 0800 0234567.

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