5.09%
2 year
Discounted Tracker
- Scheme
- Lender's London Interbank Offered Rate (currently 0.73%, variable) + 4.36% for 2 years then reverting to London Interbank Offered Rate (currently 0.73%, variable) + 4.76% for the remaining term to give a current reversion rate of5.49%
- Overall Cost Comparison
- 5.8% APR
- Early Repayment Charge
- 3% of the amount being repaid for the first 2 years.
- Loan to value
- 75% loan to value up to £300,000 loan amount.
- Arrangement Fee
- 1.5% of the loan amount is due on completion.
- Broker Fee
- A broker fee of £497 will apply. In addition to this a booking fee of £280 is payable on application.
- Repayment Options
- Interest only or Repayment.
- Rent To Interest Cover
- 125% at 5.49%
- Income Required
- £35,000
- Min. Mortgage Term
- 5 years
- Max. Mortgage Term
- 35 years
- Min. Age
- 25
- Max. Age
- 65
- Acceptable Areas
- England and Wales.
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