Mortgages
Problems Getting A Mortgage
Historic Interest Rates
Best Buys
Quick Calculator
As a first time buyer, the process was very daunting. However, Tony made it all simple and straight forward without making me feel stupid. I will definitely recommend to friends & family. K Badrick
Thanks again for your help and very professional service. D. Berry
Problems Getting A Mortgage
 What’s the best mortgage for my circumstances?
- I’m a First Time Buyer and it all seems so confusing
- I’m currently on a standard variable rate. How can I save money?
For many people their individual circumstances don’t fit the norm. In fact, everybody’s needs and circumstances are unique. The good news is that many lenders are aware of this and look to cater for each specialist niche area.
- First Time Buyers
- Self-Build
- Offset
- Shared Ownership
- Right to Buy
- Self Certification
|
- Next Time Buyers
- Renovation
- Secured Loan
- Holiday Home
- Buy To Let
- Flexible
|
- Remortgages
- Commercial
- Overseas
- Home Improvements
- Let To Buy
- Homebuy
|
For Self Certifcation mortgages the overall cost for comparison is 8.6% APR and for Right to Buy mortgages the overall cost for comparison is 9.8% APR.
The actual rate will depend on your circumstances. Ask for a personalised illustration. These APRs are based on those with a clean credit history.
If you uncertain that what you have been offered is the best you can get then why not try BEST Financial Solutions?
Contact Best Financial Solutions
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
For mortgages, we can be paid a fee, usually £400 or by commission.
The FSA do not regulate Loans and some forms of mortgage.
Sesame Ltd do not accept responsibility for advice provided regarding Commercial Mortgages
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Historic Interest Rates
Changes in the Base Rate since 1995
|
1995 |
February
December |
6.75
6.50 |
|
1996 |
January
March
June
October |
6.25
6.00
5.75
6.00 |
|
1997 |
March
June
July
August
November |
6.25
6.50
6.75
7.00
7.25 |
|
1998 |
June
October
November
December |
7.50
7.25
6.75
6.25 |
|
1999 |
January
February
April
June
September
November |
6.00
5.50
5.25
5.00
5.25
5.50 |
|
2000 |
January
February |
5.75
6.00 |
|
2001 |
February
April
March
August
September
October
November |
5.75
5.50
5.25
5.00
4.75
4.50
4.00 |
|
2003 |
February
July
November |
3.75
3.50
3.75 |
|
2004 |
February
March
June
August |
4.00
4.25
4.50
4.75 |
|
2005
2006
2006
2007
2008
|
August
August
November
January
May
July
Dec
Jan
April
Oct
Nov
|
4.50
4.75
5.00
5.25
5.50
5.75
5.50
5.25
5.00
4.50
3.00
| |
|
|
Your home may be repossessed if you do not keep up repayments on your mortgage.
For mortgages, we can be paid a fee, usually £400 or by commission.
The FSA do not regulate some forms of mortgage.
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Best Buys
 These are some of the leading mortgage rates in the UK based on a 25- year repayment mortgage of £150,000 on a property valuation of £200,000. This is an illustration of what you might expect to pay per month. Source; Trigold 16/05/2008
For mortgages, we can be paid a fee, usually £400 or by commission.
The FSA do not regulate some forms of mortgage.
|
Rate Type |
Fixed Rate |
Tracker Discount |
Buy to Let |
|
Interest |
4.49% fixed until 28/02/11
changing to |
4.59%
0.36% discount from SVR for 3 years then |
5.89% fixed until 01/02/12 changing to |
|
Variable Rate |
5.00% |
4.95% |
6.00% |
|
Overall cost for comparison |
5.30% APR |
5.00% APR |
6.50% APR |
|
Initial Cost |
£853.91 |
£844.23 |
£980.62 |
|
Subsequent Cost |
£895.99 variable |
£872.41 variable |
£989.99 variable |
|
An early repayment charge is payable if you repay all or part of this mortgage before |
28/02/11 |
Three Years |
01/02/12 |
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Quick Calculator
Use the Mortgage Calculator below to work out approximately how much your monthly payments may be.
Calculate your Mortgage Repayments
"Just wanted to say thanks again for all you have done for myself and mark. I know you might say it's your job but even so we both just want you to know we appreciate all the phone calls and the way you have kept in touch throughout" M Venn & S Tomlinson
Your home may be repossessed if you do not keep up repayments on your mortgage.
For mortgages, we can be paid a fee, usually £400 or by commission.
The FSA do not regulate some forms of mortgage.
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