There are over 4,500 mortgage schemes currently avilable in the UK. We use a computer database, which is updated daily, to source the most competitive mortgage according to our clients' requirements. The following mortgages are based on a repayment loan of £50,000, deposit of £2,633 and 25 year period. If you would like Newgate Finance and Properties to arrange your mortgage click here. The lenders fees do not include the valuation fee.
If you have more than a 5% deposit then please look at our Remortgage and Home Mover mortgages (the higher the deposit, the better the mortgage you will get !)
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FLEXIBLE CURRENT ACCOUNT MORTGAGE
Total payment flexibility on this scheme. Benefit from an initial 3 month discount to get you overpaying. Also features daily interest, no ties at anytime and no MiG.
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Reference:
F312-5
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Initial % Rate
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Standard % Rate
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Minimum Deposit
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Lender Fees
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3.29%
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4.95%
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5%
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£ 175
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Overall cost for comparison is 5.1% APR
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3 YEAR DISCOUNT
Benefit from daily interest and no Mortgage Indemnity Fee on this low rate scheme. Longer than average benefit period and no extended ties.
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Reference:
F312-8
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Initial % Rate
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Standard % Rate
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Minimum Deposit
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Lender Fees
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4.00%
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5.79%
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5%
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£ 299 (added)
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Overall cost for comparison is 5.8% APR
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"NO DEPOSIT" 2 YEAR FIX
Benefit from known costs for the first three years on your first mortgage. All the ususal benefits - no extended ties, flexible payments, etc (min loan £60,000)
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Reference:
NGF90-1
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Initial % Rate
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Standard % Rate
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Minimum Deposit
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Lender Fees
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5.35%
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5.75%
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Nil%
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£ 375
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Overall cost for comparison is 5.8% APR
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"NO DEPOSIT" 5 YEAR FIX
Great long term fixed rate available with no deposit - beats most of the deposit based schemes! You also get a free basic valuation, no extended ties, no MiG, etc
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Reference:
NGF90-2
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Initial % Rate
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Standard % Rate
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Minimum Deposit
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Lender Fees
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5.49%
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5.53%
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Nil%
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£ 199
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Overall cost for comparison is 5.8% APR
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2 YEAR FIXED RATE
Great low rate fixed deal. Known payments until 01/05/2006 and benefit from daily interest and no extended ties.
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Reference:
NGF90-3
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Initial % Rate
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Standard % Rate
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Minimum Deposit
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Lender Fees
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4.49%
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5.79%
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5%
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£ 299
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Overall cost for comparison is 5.7% APR
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BASE RATE TRACKER MORTGAGE
Very low initial rate for 2 years on this "Nil Deposit" scheme with no MiG, no extended ties & flexible payment options. Call 0207 732 5494 for full details (Min loan £60,000)
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Reference:
NGF90-4
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Initial % Rate
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Standard % Rate
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Minimum Deposit
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Lender Fees
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4.20%
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5.75%
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Nil%
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£ 375
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Overall cost for comparison is 5.6% APR
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1% DEPOSIT SCHEME
This scheme provides total flexibility if you can muster the smallest of deposits. No ties at anytime, daily interest, no MiG. Great deal whilst you build up your equity share.
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Reference:
NGF90-5
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Initial % Rate
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Standard % Rate
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Minimum Deposit
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Lender Fees
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3.45%
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5.20%
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1%
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£ 115
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Overall cost for comparison is 5.3% APR
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Please note that the above 'mortgage deals' are examples of what is currently available.
The information cannot be guaranteed and should not be treated as an offer of mortgage.
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