Representative Example: £150,000 mortgage over 25 years initially at 2.88% fixed for 61 months reverting to 4.74% variable for term. 61 monthly payments of £701.99 and 239 monthly payments of £825.72. Total amount payable £241,488.47 includes loan amount, interest of £90,168, valuation fees of £205 and product fees of £975. The overall cost for comparison is 4.1% APRC representative.
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