Secure a best buy £2 million fixed rate mortgage at 1.79%
Trinity Financial has access to Woolwich for Intermediaries' fantastically low two-year fixed rate mortgage at 1.79%.
It is available for mortgages between £500,000 and £2 million and it has a £1,999 arrangement fee. Borrowers will need a 35% deposit to access this rate.
If you wanted to borrow £2 million on an interest-only basis it would cost £2,983 each month. Although for borrowers looking to ensure that their mortgage is repaid over a 25 year term, the monthly repayments would rise significantly to £8,274 on a full capital repayment basis.
The APR is 3.6% and the mortgage reverts to the standard variable rate of 3.89%.
Aaron Strutt, product manager at Trinity Financial, says: "Mortgage lenders are really targeting high-net worth borrowers and they are offering them some incredibly low rates."
If you would like help to secure a large mortgage loan call us on 020 7016 0790.
November 22, 2013