Excellent mortgage rates for High Net Worth clients are of course available but not everyone that wants to borrow a large mortgage amount has a sizeable deposit to go with it. If your earnings are good there are still large mortgages available with a 10% to 15% deposit. Niche Advice will help you find the most appropriate one for your pocket.
Example Product – Large Loan Mortgage Products (Residential)
The total amount you must pay back, including the amount borrowed is £112,4573.8
Features: First time buyers.
|Type and initial benefit period||Fixed until 31/03/2022.|
|Minimum deposit / equity||10%|
|Telegraphic transfer / CHAPS fee||£0|
|Lender Legal fee charged to your solicitor||£161.27|
|Early repayment charge||1.75/1% of the amount repaid in the fixed period|
For more information on a Large Loan Mortgage Products please call complete the enquiry form on this page or call the number below.
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. 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.
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.