Representative Example: £150,000 mortgage over 25 years initially at 2.89% fixed for 63 months reverting to 5.19% variable for term. 63 monthly payments of £702.76 and 237 monthly payments of £856.31. Total amount payable £248,344.35 includes loan amount, interest of £97,219, valuation fees of £0 and product fees of £995. The overall cost for comparison is 4.4% APRC representative.
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