Our Mortgage Interest Rates
As a highly respected team in the property financing industry, we have access to all of the most competitive
mortgage interest rates available on the high street for loans below £1,000,000.
If you are considering borrowing above £1,000,000 our extremely close working relationship with the private banks, commercial lending sources and finance houses enables our financial consultants to help all clients, including those who had been unable to find financing solutions elsewhere.
Listed below are some
recently arranged residential mortgage and investor rates.
Residential Mortgage Rates
| Main Residence Re-Mortgage Rate |
|
Benefits Large loan, private bank terms recently arranged for a home owner wishing to buy a new main residence putting down as little cash as possible.
|
| Margin |
2.24% above Bank of England base rate |
| Bank Arrangement |
0.5% of the loan amount |
Maximum Loan
to Value |
82.76% of the property purchase price |
| Early repayment charge |
None |
| Term |
5 years |
| APR for Comparison |
3.04% |
| Main Residence Purchase Rate |
| Benefits
Large loan, private bank terms recently arranged for a home owner wishing to buy a new main residence.
|
| Margin |
1.99% above Bank of England base rate |
| Bank Arrangement |
0.5% of the loan amount |
Maximum Loan
to Value |
75% of the property purchase price |
| Early repayment charge |
None |
| Term |
5 years |
| APR for Comparison |
2.70% |
Investor Mortgage Rates
| Offshore Investor Rate |
| Benefits
Terms recently arranged for an international client wishing to buy an investment property
using an offshore borrowing vehicle. |
| Margin |
2.25% above above three month LIBOR |
| Bank Arrangement |
1% of the loan amount |
Maximum Loan
to Value |
70% of the property purchase price |
| Early repayment charge |
1%
but no charge after year one |
| Term |
5 years |
| APR for Comparison |
3.30% |
| Term |
5 years |
| Onshore Investor Rate |
| Benefits
Terms recently arranged for a client wishing to buy an investment property.
|
| Margin |
2.25% above above three month LIBOR |
| Bank Arrangement |
0.5% of the loan amount |
Maximum Loan
to Value |
70% of the property purchase price |
| Early repayment charge |
1%
but no charge
after year one |
| Term |
5 years |
| APR for Comparison |
3.30% |
| Term |
5 years |
Note: Rates as at 05/07/2010. Terms and conditions apply.
Mortgage advice
There maybe a fee for mortgage advice. The precise amount will depend on your circumstances but we estimate that it will be up to a maximum of 1% of the agreed finance, usually payable on the completion of the mortgage. Your home maybe repossessed if you do not keep up repayments on your mortgage.