Representative Example:
A mortgage of £204,590.00 over 30 years initially on a fixed rate of 3.69% (Ending on 14 May 2027) and then our Standard Variable Rate of 5.29% for the remaining term, would require 61 monthly payments of £940.54 and 299 monthly payments of £1104.23.
The total amount payable would be £387,867.45 made up of the loan amount plus interest (£182,968.45) with a Application Fee of £199.00, Funds Transfer Fee of £25.00 and a Mortgage Exit Fee of £85.00.
The overall cost for comparison is 4.8% APRC representative.