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Professional Mortgages 5 Year Discount Rate 80% LTV
Initial Interest Rate
5.20%
Maximum Loan To Value (LTV)
80%
Overall Cost for Comparison
7.10%
Product Code
IP317
The following is a representative example based on a mortgage of £216,634 payable over 25 years initially on a discounted rate of 5.20% for 5 years, a further discounted rate of 7.14% for 1 year, followed by our Standard Variable Rate of 8.39%. In this example you would make 60 monthly payments of £1,291.79, 12 payments of £1,508.69 and 228 monthly payments of £1,651.73.
The total amount payable would be £472,506.12 made up of the loan amount plus interest of £255,572.12 and the following costs, a Chaps fee (£25.00), a standard Valuation fee (£225.00) and a Mortgage Exit Administration Fee (£50.00).
The overall cost for comparison is 7.1% APRC representative.
Note: What you will pay may vary from this and will depend on your personal circumstances.
Professional Mortgages 5 Year Discount Rate 90% LTV
Initial Interest Rate
5.65%
Maximum Loan To Value (LTV)
90%
Overall Cost for Comparison
7.30%
Product Code
IP318
The following is a representative example based on a mortgage of £216,634 payable over 25 years initially on a discounted rate of 5.65% for 5 years, a further discounted rate of 7.14% for 1 year, followed by our Standard Variable Rate of 8.39%. In this example you would make 60 monthly payments of £1,349.80, 12 payments of £1,519.08 and 228 monthly payments of £1,663.11.
The total amount payable would be £478,681.04 made up of the loan amount plus interest of £261,772.04 and the following costs, a Chaps fee (£25.00), a standard Valuation fee (£200.00) and a Mortgage Exit Administration Fee (£50.00).
The overall cost for comparison is 7.30% APRC representative.
Note: What you will pay may vary from this and will depend on your personal circumstances.
Professional Mortgages 5 Year Fixed Rate 90% LTV (fixed until 28.02.2030)
Initial Interest Rate
5.29%
Maximum Loan To Value (LTV)
90%
Overall Cost for Comparison
7.20%
Product Code
IP319
The following is a representative example based on a mortgage of £216,634.00 payable over 25 years initially on a fixed rate of 5.29% until 28th February 2030, a further discounted rate of 7.14% until 28th February 2031, followed by our Standard Variable Rate of 8.39%. In this example you would make 58 monthly payments of £1,303.29, 12 payments of £1,512.20 and 230 monthly payments of £1,656.51.
The total amount payable would be £475,009.52 made up of the loan amount plus interest of £258,100.52 and the following costs, a Chaps fee (£25.00), a standard Valuation fee (£200.00) and a Mortgage Exit Administration Fee (£50.00).
The overall cost for comparison is 7.2% APRC representative.
Note: What you will pay may vary from this and will depend on your personal circumstances.