4.85%
2 year
Discounted Tracker
- Scheme
- Bank of England Base Rate (currently 0.50%, variable) + 4.35% for 2 years then reverting to Bank of England Base Rate (currently 0.50%, variable) + 4.24% for the remaining term to give a current reversion rate of 4.74%
- Overall Cost Comparison
- 4.9% APR
- Early Repayment Charge
- 3% of the amount being repaid for the first 2 years.
- Loan to value
- 60% loan to value up to £500,000 loan amount.
- Arrangement Fee
- £999 is added to the loan at completion.
- Broker Fee
- A broker fee of £497 will apply.
- Repayment Options
- Interest only or Repayment.
- Rent To Interest Cover
- 125% at 4.85%
- Income Required
- £25,000
- Min. Mortgage Term
- 5 years
- Max. Mortgage Term
- 40 years
- Min. Age
- 18
- Max. Age
- 75
- Acceptable Areas
- England, Wales, Scotland, Isle of Wight and Northern Ireland.
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