2.94%
1 year
Discounted Tracker
- Scheme
- Bank of England Base Rate (currently 0.50%, variable) + 2.44% for 1 years (to 31/03/2013) then reverting to Standard Variable Rate (currently 4.99%, variable) for the remaining term
- Overall Cost Comparison
- 5.3% APR
- Early Repayment Charge
- 3% of the amount being repaid until 31/03/2013.
- Loan to value
- 65% loan to value up to £1,000,000 loan amount.
- Arrangement Fee
- 3.5% of the loan amount is added to the loan at completion. - (Minimum of £595)
- Repayment Options
- Interest only or Repayment.
- Rent To Interest Cover
- 125% at 4.99%
- Income Required
- No requirement
- Min. Mortgage Term
- 5 years
- Max. Mortgage Term
- 35 years
- Min. Age
- 21
- Max. Age
- 90
- Acceptable Areas
- England, Wales, Scotland and Isle of Wight.
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