There are many lenders providing different types of mortgages and deals, it is therefore vital that you shop around and consider all the options so that you can choose the best type of mortgage to suit your personal circumstances.
You may be required to pay an arrangement fee, but the cost of this will depend on your chosen lender.
Taking advice from an independent financial advisor is recommended.
The Financial Services Authority (FSA) provides helpful advice for purchasers.
We do not provide mortgages for tenants and are unable to recommend any particular company.
The table below gives examples of monthly mortgage payments, depending on the amount you borrow and the interest rate.
These figures are based on a repayment mortgage and borrowing over a 25 year period.
Please note this table is for illustrative purposes only and you need to apply to a mortgage lender to obtain a quote.
| Mortgage amount | Interest
rate | |||
| 5.25% | 5.75% | 6.25% | 6.75% | |
| £50,000 | £299.62 | £314.55 | £329.83 | £345.45 |
| £100,000 | £599.24 | £629.10 | £659.66 | £690.91 |
| £150,000 | £898.87 | £943.65 | £989.50 | £1036.36 |
