3 year Fixed Rate Mortgage no FeeFixed-rate mortgage for 3 years without fee
Only available for new Skipton mortgage clients. Up to 90% LTV is available on our 3-year fixed-rate mortgage. The mortgage is available to clients who buy a real estate or remorse an already owned real estate. A fixed-rate mortgage protects you from interest rate hikes during the life of the mortgage, but does not allow you to profit from a decline in interest rate.
Note that our mortgage product may be cancelled without prior notification. There is a £80,000 mortgage requirement and a £500,000 credit limit (see Important Notes). Contains a free of charge default mortgage rating. An £140,000 redemption mortgage, due over 28 years for 5 month, first at a rate of 2.48% fixed until 31.10.2011 and then at our current RMVR Floating Rate of 4.99% for the remainder of the period, would take 36 £572 per month to be paid.
Available credit limits may differ depending on other credit metrics (as well as affordability) evaluated in your request. For more information, please contact our mortgage group. As for BTL, we are not currently loaning to candidates who have not had a mortgage before. You will find detailed information in your mortgage illustration and your mortgage offering.
Notice that different interest rate applies to different loans to value (LTVs) and a different rating or credit may not qualify you for the interest rate initially requested. A free of charge default rating for a mortgage is available on property up to £1,500,000.
Shown item is available from Skipton through our Skipton Direkt sales people. It may be that other items are available through distributors. Prepayments for payment are to be made by debit entry on the first of each respective year. Every mortgage is subjected to approval and evaluation. They must be 18 years or older to obtain a mortgage.
Except where expressly indicated otherwise for a particular item, this lower limit is 0%, i.e. no wage rate will ever be below 0%. Unless otherwise specified in the details of the mortgage loan agreement, our mortgage financing solutions are only available as redemption mortgage. That means you repay both principal and interest over the life of the mortgage.
Interest rate at which the Bank of England will grant loans to the British financial services industry. Sometimes called Bank Base Rate (BBR). This is a paper that must be provided by all mortgage providers to potential clients before a mortgage is applied for. These include payment installment detail, fee, charges, fee, and feature.
Amount of a mortgage credit, measured as a percent of the value of the real estate against which the credit is guaranteed. It is the floating rate that we normally charge at the end of one of our products incentives agreements. This is a different interest rate than the Company's Housing Standard Variables Interest Rate (RSVR), although both are fixed by the Company.
For further support with mortgage terms, please refer to our technical lingo regarding mortgage loans,uster.