Secure a best buy £1 million 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.
It has a competitive £1,999 arrangement fee and borrowers will need a 35% deposit to access this rate.
If you wanted to borrow £1 million on an interest-only basis, it would cost £1,491 each month. Although, this would increase to £4,137 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.
“With the Bank of England's announcement last week tell us that they are pulling the Funding for Lending Scheme for mortgages, it will be interesting to see if this rate is still available in January."
If you would like help to secure a large mortgage loan call us on 020 7016 0790.
November 25, 2013
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