Equity Loan Mortgage RatesMortgage interest on equity loan
£405,933.30, consisting of the loan amount plus interest and charges of 216,936.30. The amount to be paid would be 405,933.30. The loan amount would be £405,933.30. Our mortgage product is available for home buying or chargeback unless otherwise noted. Our mortgage product is available and can be cancelled at any moment. Each mortgage application is signed by our senior actuaries and is fully evaluated against our credit metrics.
Please take the opportunity to review and fully appreciate the characteristics of the mortgage products described above, as well as the information about our home or rental mortgage products listed in the General Information Guides available through the link below. The starting interest is the interest available during the first life of the mortgage.
At the end of the original interest period, the mortgage returns to our standard floating interest rates (SVR). The SVR is fixed by us and currently stands at 5.59%, as a floating interest it can go up or down. Like all other mortgage providers, we allow you to lend against part of the total value of the real estate.
Described as Loan to Value (LTV), this is stated as a percent. If, for example, you want to buy a £100,000 home and you want to rent £85,000, you need a mortgage that is available at 85% Loan to Value (LTV). LTV available may differ according to the mortgage you have.
Under LTV, co-ownership mortgage loans provide two percentage rates - the portion of the land value and the portion of the interest to be acquired.