Interest only mortgages
Friday, May 15th, 2009|
Mortgage Company |
Mortgage Type |
Initial Rate |
Monthly Cost |
Time Period |
Tie-in Period |
25 year APR |
|
First Direct |
Tracker |
2.89% |
£241 |
term |
none |
3.00% |
|
Alliance & Leicester |
Tracker |
2.95% |
£246 |
24 months |
24 months |
4.80% |
|
HSBC |
Tracker |
2.95% |
£246 |
term |
none |
3.10% |
|
ING Direct |
Tracker |
2.99% |
£249 |
24 months |
24 months |
3.60% |
|
Market Harborough Building Society |
Discounted variable |
2.99% |
£249 |
24 months |
24 months |
5.20% |
|
Principality Building Society |
Tracker |
2.99% |
£249 |
31/05/2011 |
31/05/2011 |
4.90% |
|
Marsden |
Tracker |
3.19% |
£266 |
31/05/2011 |
31/05/2011 |
5.30% |
|
NatWest |
Tracker |
3.19% |
£266 |
30/06/2011 |
30/06/2011 |
4.10% |
|
Royal Bank of Scotland |
Tracker |
3.19% |
£266 |
30/06/2011 |
30/06/2011 |
4.10% |
|
Yorkshire Building Society |
Tracker with cap |
3.19% |
£266 |
31/07/2011 |
31/07/2011 |
4.80% |
|
The Co-operative Bank |
Discounted variable |
3.24% |
£270 |
30/09/2012 |
30/09/2012 |
4.20% |
|
Woolwich (Barclays) |
Tracker |
3.24% |
£270 |
term |
31/07/2012 |
3.40% |
|
Beverley |
Tracker |
3.25% |
£271 |
36 months |
36 months |
4.50% |
|
Nationwide Building Society |
Tracker |
3.38% |
£282 |
36 months |
36 months |
4.00% |
|
Abbey |
Tracker |
3.39% |
£283 |
36 months |
36 months |
4.20% |
Based on the following:
100k mortgage value
150k house value
Interest only mortgage
25 year term
Variable rates