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Mortgage Examples
1.
Self Employed minimum 1 years self employed accounts. Minimum 10%
deposit.
Purchase
price: £111,111, Deposit: £11,111, Mortgage Loan £100,000 Term: 25 years,
Flexible tracker
at 7.15%, early repayment charges apply during
first 3 years only
Initial
interest
rate 7.15% (APR 7.7% variable)
300
monthly payments of £728.54, total amount payable £219,115
2. Self
Employed minimum 1 year self employed, no accounts required,
self certification, minimum 10% deposit
Purchase
price: £111,111, Deposit: £11,111, Mortgage Loan £100,000 Term: 25 years,
3 year fix at 8.84%, early repayment charges apply
during fixed rate only
Interest rate
8.84% (APR 9.8% variable)
36
monthly payments of £846.43, 264 payments at
£869.39, total amount payable £260,616
3. Employed/Self
Employed, CCJ's: any if cleared over 12 months
ago, Arrears: any, if historic, Defaults: any.
Limited
adverse credit within 12 months of mortgage application.
Minimum 10% deposit
Purchase
price: £111,111, Deposit: £11,111, Mortgage Loan £100,000, Term: 25 years
Fixed
rate at 8.54% for 2 years (APR 9.5% variable) Early
repayment charges during fixed rate.
24
monthly payments of £825.84,
276 monthly payments of £842.33,
total amount payable £252,922
These examples do not constitute an offer of a
mortgage. A mortgage offer is subject to acceptance by the lender's
underwriters.
Mortgage rates will change on a regular basis. Please phone to establish
the current rates available.
Full
mortgage illustrations can be provided for all mortgage schemes. Please
phone to speak to a mortgage broker
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