MORTGAGES - 01582 463133  SAVINGS - 01582 765411

Winner of What Mortgage Awards 2015 to 2020
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YOUR  MORTGAGE WILL BE SECURED ON YOUR PROPERTY AND YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

MORTGAGE PRODUCTS ARE REGULATED BY THE FINANCIAL CONDUCT AUTHORITY EXCEPT SECOND/HOLIDAY HOME, BUY-TO-LET AND RESIDENTIAL DEVELOPMENT, WHERE THE BORROWER DOES NOT RESIDE ON SITE DURING THE DEVELOPMENT PERIOD.

THIS INFORMATION IS FOR USE BY AUTHORISED INTERMEDIARIES ONLY

Contact us: 01582 463133 | brokers@harpendenbs.co.uk

RESIDENTIAL
Term
2 Fixed Rate
Variable Rate Repayment 2.75%
Followed by our variable reversion rate
4.19%
Available for
Purchase, Remortgage, Release of Equity
Repayment Type
Repayment, Interest-only, Part & Part
APRC Interest-only
4.1%
APRC Repayment
4.1%
Min/Max Mortgage
£150,000 - £1m (£1m+ on referral)
Max Term
35 Years
Max LTV Repayment
80%
Max LTV IO/P&P
75%
Arrangement Fee
£1,999
Admin Fee
£100 (Refunded upon completion)
ERC's
2% for year 1 and 1% for year 2
REPRESENTATIVE EXAMPLE
Repayment:
A Capital and Interest mortgage of £245,430.00 payable over 17 years initially on a Fixed Rate for 2 years at 2.75% and then on our Standard Variable Rate of 4.19% for the remaining 15 years would require 24 monthly payments of £1,507.50 and 180 monthly payments of £1,664,38.The total amount payable would be £338,852.18 made up of the loan amount plus interest (£90,338.18), an Arrangement Fee of £1,999.00, an Administration Fee of £100.00, a Valuation Fee of £500.00 (property value £610,000.00), Legal Fees of £360.00, a Redemption Fee of £75.00 and a Deeds Release Fee of £50.00.The overall cost for comparison is 4.1% APRC.Interest Only
An Interest Only mortgage of £245,430.00 payable over 17 years initially on a Fixed Rate for 2 years at 2.75% and then on our Standard Variable Rate of 4.19% for the remaining 15 years would require 24 monthly payments of £562.44 and 180 monthly payments of £856.96.The total amount payable would be £416,265.36 made up of the loan amount plus interest (£167,751.36), an Arrangement Fee of £1,999.00, an Administration Fee of £100.00, a Valuation Fee of £500.00 (property value £610,000.00), Legal Fees of £360.00, a Redemption Fee of £75.00 and a Deeds Release Fee of £50.00.The overall cost for comparison is 4.1% APRC.
KEY FEATURES
  • We do not credit score, we offer a manual underwriting process and work with you every step of the way
  • Earned income accepted to maximum age of 75 or stated retirement age
  • Up to four borrowers per application
  • Guarantors accepted but must be a close family member. We will consider joint family borrowers without all parties needing to reside in the mortgaged property

Get in touch with our Mortgage Team

01582 463133 | brokers@harpendenbs.co.uk

YOUR  MORTGAGE WILL BE SECURED ON YOUR PROPERTY AND YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

MORTGAGE PRODUCTS ARE REGULATED BY THE FINANCIAL CONDUCT AUTHORITY EXCEPT SECOND/HOLIDAY HOME, BUY-TO-LET AND RESIDENTIAL DEVELOPMENT, WHERE THE BORROWER DOES NOT RESIDE ON SITE DURING THE DEVELOPMENT PERIOD.

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