5.00%
Loan Term
Tracker
- Scheme
- Bank of England Base Rate (currently 0.50%, variable) + 4.50 for loan term
- Overall Cost Comparison
- 5.3% APR
- Early Repayment Charge
- 3% of the amount being repaid for the first 3 years, then 2% until the end of year 5.
- Loan to value
- 70% loan to value up to £1,000,000 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
- Capital repayment.
- Rent To Interest Cover
- 130% at 7.50%
- Income Required
- No requirement
- Min. Mortgage Term
- 5 years
- Max. Mortgage Term
- 20 years
- Min. Age
- 21
- Max. Age
- No maximum
- Acceptable Areas
- England, Wales and Scotland.
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