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call knight frank +44 (0)20 7268 2580
+44 20 8166 7800

email knight frank finance@knightfrank.com

Latest News

Base rate remains the same despite European cut

The Bank of England has kept interest rates unchanged at a record low of 0.5%, for the 50th consecutive month. The Bank’s Monetary Policy Committee has also, in a move widely anticipated by markets, kept quantitative easing on hold at £375 billion. This came despite further monetary easing in the Eurozone last week, in the form of an interest rate cut from 0.75% to 0.5%.
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Mortgage Calculator
 
 

Our Mortgage Interest Rates: 2 Year Fixed - Interest Only

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.


2 Year Fixed - Interest Only
Benefits

Rate 1.99% until 02/05/2015. Interest only mortgage.

Initial Rate Payable 1.99%
Reverting to Variable Rate Currently 4.74%
Bank Arrangement Fee £1,495
Maximum Loan to Value 60%
Early Repayment Charge Yes
Portable Yes
APR for Comparison 2.20%

Note: Rates as at 27/03/2013. Terms and conditions apply.

Based on £1m loan over 25 years.


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.