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Based on a two-year discounted rate 1.25% APR mortgage from Teachers Society.
Cost for comparison 4.50% APRC.
Fees £1,083. Max LTV 70%
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You could save £6,918 in mortgage interest payments in just 26 months†
If you were currently paying 4% APR on a £175,000 capital repayment mortgage now and you re-mortgaged to our example 26 Month two year 0.98% APR† fixed rate mortgage from Yorkshire Building Society you would save yourself £6,918 in interest during your 26 months fixed rate introductory offer period. 4.2% APRC Representative.
Repayment mortgage of £175,000 payable over 300 monthly repayments. 26 Month fixed rate at 0.98%, then variable rate of 4.74% for 274 months. 26 monthly payments of £657.94, 274 monthly payments of £965.71. Total amount payable £283,480 includes: Loan amount (£175,000); Interest (£106,710); Application fee (£0); Valuation fee (£575); Legal fee (£600); Funds transfer fee (£0); Mortgage discharge fee (£0); Fees are assumed to be paid up front and not included in the amount borrowed. Up to 60% loan-to-value (LTV) available. Early repayment charge: 1% of loan amount redeemed to be paid until 30.04.2019.
†Based on a two-year discounted rate 1.25% APR mortgage from Teachers Society. Cost for comparison 4.50% APRC. Fees £1,083. Max LTV 70%
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
IF YOU ARE THINKING OF CONSOLIDATING EXISTING BORROWING YOU SHOULD BE AWARE THAT YOU MAY BE EXTENDING THE TERMS OF THE DEBT AND INCREASING THE TOTAL AMOUNT YOU REPAY.
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