Representative Example: £150,000 mortgage over 25 years initially at 2.59% fixed for 60 months reverting to 5.64% variable for term. 60 monthly payments of £679.74 and 240 monthly payments of £885.23. Total amount payable £254,438.60 includes loan amount, interest of £103,240, valuation fees of £0 and product fees of £999. The overall cost for comparison is 4.6% APRC representative.
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