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Mortgage Hotline - Call Us 0117 313 7780

What is your mortgage for?

 

1.22% 2 Year Fixed 

  • Overall cost for comparison 3.80% APRC

Representative Example:Mortgage of £120,000 on property valued at £200,000 over term of 25 years.Rate fixed for 2 years after which reverts to Post Office variable rate of 4.24%.

Call Post Office on 0808 179 6813

2.29% 5 Year Fixed 

  • Overall cost for comparison 3.90% APRC

Representative Example:Mortgage of £120,000 on property valued at £200,000 over term of 25 years. Rate fixed for 2 years after which reverts to Yorkshire Bank variable rate of 4.70%.

Details sort by initial rateLenderInitial rate Rate type Overall cost for comparisonMax LTVProduct feeMonthly cost Enquire
Initial rate: 0.99%
Rate type: Fixed Dec-2019
Monthly cost: £570.26 per month
Max LTV: 80%
Product fee: £1615.00
Overall cost for comparison: 4.8% APRC
Accord logo 0.99% Fixed Dec-2019 4.8% APRC 80% £1615.00 £570.26 per month get quotes Call direct0117 313 7780
Initial rate: 1.15%
Rate type: Fixed Dec-2019
Monthly cost: £579.39 per month
Max LTV: 60%
Product fee: £999.00
Overall cost for comparison: 3.4% APRC
Halifax logo 1.15% Fixed Dec-2019 3.4% APRC 60% £999.00 £579.39 per month get quotes Call direct0117 313 7780
Initial rate: 1.15%
Rate type: Fixed Nov-2019
Monthly cost: £579.37 per month
Max LTV: 60%
Product fee: £1025.00
Overall cost for comparison: 3.5% APRC
NatWest logo 1.15% Fixed Nov-2019 3.5% APRC 60% £1025.00 £579.37 per month get quotes Call direct0800 158 2934
Initial rate: 1.19%
Rate type: Fixed Nov-2019
Monthly cost: £581.29 per month
Max LTV: 60%
Product fee: £969.00
Overall cost for comparison: 3.5% APRC
Scottish Widows Bank logo 1.19% Fixed Nov-2019 3.5% APRC 60% £969.00 £581.29 per month get quotes Call direct0117 313 7780
Initial rate: 1.19%
Rate type: Fixed Nov-2019
Monthly cost: £581.29 per month
Max LTV: 60%
Product fee: £969.00
Overall cost for comparison: 3.4% APRC
Scottish Widows Bank logo 1.19% Fixed Nov-2019 3.4% APRC 60% £969.00 £581.29 per month get quotes Call direct0117 313 7780
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Representative Example:

A repayment mortgage of £120,000 payable over 28 years and 1 month initially on a fixed rate for 2 years at 1.99% and then on the lender current variable rate of 3.69% (variable) for the remaining 26 years and 1 month would require 24 monthly payments of £465.20 and 312 monthly payments of £565.39 and one final payment of £565.19.

 

The total amount payable would be £189,357.67 made up of the loan amount plus interest (£68,161.67), booking fee (£999), completion fee (£30) and valuation fee (£197).

 

In this example the overall cost for comparison is 3.7% APRC representative.

 

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT

LTV Calculator

What is LTV?

LTV stand for Loan to Value and shows the relative size of a secured loan such as a mortgage versus the value of the asset it is secured against.

For example: if you wanted to take out a mortgage for £50,000 on a property worth £100,000, this would give you an LTV of 50% i.e. the loan is 50% of the value of the property.

Most mortgage products will specific a maximum LTV that you can borrow with that product. For a standard residential mortgage, the max LTV is normally 80-85%, however first time buyers may be able to borrow up to 95% LTV, while for Buy to Let (BTL) mortgages 70-75% LTV is more common.

How does LTV affect your mortgage?

In general, the higher your LTV, the higher your interest rate will be. This is because lenders tend to consider a mortgage to be higher risk when it is for a larger proportion of a property’s value.

A higher LTV will therefore usually mean higher monthly repayments, due to the higher rates, and that you will end up repaying more in total over the lifetime of the mortgage.

It is therefore important to give very careful consideration to exactly how much you need to borrow as the lower you can make your LTV, the cheaper your mortgage will likely be.

Try our free LTV calculator to get the best deal on your mortgage

Our free mortgage calculator at the top of the page lets you calculate exactly how much you could borrow at different levels of LTV. It will then show you matching mortgage deals from across the market, including from all the leading lenders.

This allows you to find the best possible mortgage interest rates that match your borrowing needs, making it really simple to see how much of a difference LTV can make to the cost of borrowing.

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