5.68%
2 year
Discounted Tracker
- Scheme
- Lender's Standard Variable Rate (currently 4.98%, variable) + 0.7% for 2 years then reverting to Standard Variable Rate (currently 4.98%, variable) + 0.75% for the remaining term to give a current reversion rate of 5.73%, free legal service
- Overall Cost Comparison
- 6.1% APR
- Early Repayment Charge
- 5% of the amount being repaid for the first year, then 4% until the end of year 2 from drawdown.
- Loan to value
- 70% loan to value up to £600,000 loan amount.
- Arrangement Fee
- 1.75% of the loan amount is due on completion.
- Broker Fee
- A broker fee of £497 will apply.
- Repayment Options
- Interest only or Repayment.
- Rent To Interest Cover
- 125% at 5.73%
- Income Required
- £10,000
- Min. Mortgage Term
- 10 years
- Max. Mortgage Term
- 35 years
- Min. Age
- 21
- Max. Age
- 75
- Acceptable Areas
- England, Wales and Isle of Wight.
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