Cheapest headline rate mortgage
Trinity Financial has access to a residential 0.94% fixed rate for mortgages up to £5 million. For help to secure a leading mortgage call us on 020 7016 0790 or book a mortgage consultation.
- Residential - Fixed rate
- Initial rate - 0.94% How much will it cost?
- Period - Fixed until 31 August 2023
- Deposit - 40%
- Reversion rate - Reverting to the bank's 3.54% standard variable rate
- Arrangement fee - £999
- Early repayment charges - Early repayment charges apply until 31 August 2023
The APRC applicable on this loan is 3.2%. The actual rate available will depend on your circumstances. Please ask for a personalised mortgage illustration.
Mortgage available on interest-only or capital repayment basis, subject to acceptance criteria. £5 million maximum loan.
Representative example: A capital and interest mortgage of £350,000 payable over 25 years, initially on a fixed rate basis until 31/08/2023 at 0.94% and then on a variable rate of 3.54% for the remaining 23 years, would require 25 monthly repayments of £1,309 followed by 274 payments of £1,720. The total amount repayable would be £507,016 made up of the loan amount, plus interest (£156,001) and £999 (product fee), £100 (final repayment charge), £30 (completion fee). The overall cost for comparison is 3.4% APRC representative.
The actual rate available will depend on your circumstances. Please ask for a personalised mortgage illustration.