BM Solutions 3yr 6.49% Fixed BBR S/C LTV 75% Ex/C Mortgage Features & Benefits
(currently displaying summary information only)| Feature / Benefit | Summary | Details | Rating out of 5 | ||
|---|---|---|---|---|---|
| Application Criteria: | |||||
| Available in Branch Only |  | no | not just available in branch. | ||
| Permanent UK Resident | | yes | This product is only available to individuals who are permanent UK residents. | ||
| Existing Customers Only | | no | This mortgage is not just available to existing customers | ||
| Existing Borrowers Only | | yes | This mortgage is only available to existing borrowers. | ||
| Remortgage Only | | no | This is not just available for remortgages. | ||
| First Time Buyers Only | | no | This mortgage is not just available to first time buyers. | ||
| Available Via a Broker Only | | yes | Available via brokers only. | ||
| Minimum Deposit | | 25% | 25% | ||
| Available Direct | | no | This product is not available direct from the provider, but may be available from a broker or other intermediary | ||
| Rates: | |||||
| Initial Rate APR | | 6.49% | Pay rate of 6.49% |  | |
| Initial Rate End Date | | 01 Apr 2013 | 01 Aug 2012 |  | |
| Final Rate | | 5.29% | 5.29% BBR + 4.79% |  | |
| Mortgage APR | | 5.9% | 5.9% | | |
| Fixed Rate End Date | | 01 Apr 2013 | Fixed until 01/04/2013 | | |
| Rate Type | | fixed | Fixed | ||
| Frequency of Interest Calculations | | daily | Interest is calculated daily | ||
| Suitability: | |||||
| Mortgage Type | | Adverse Credit | Adverse Credit | ||
| Repayment Mortgage | | yes | Yes | ||
| Interest Only Mortgage | | yes | Yes | ||
| Endowment Mortgage | | yes | Yes | ||
| Maximum LTV | | 75% | 75% | | |
| Maximum Loan | | £500,000 | The maximum loan is £500000 LTV 75% to £500,000 | | |
| Minimum Loan | | £1,000 | The minimum loan is £1000 |  | |
| House Purchase Max LTV | | 75% | The maximum loan to value for house purchase is 75% LTV 75% to £500,000 | | |
| Remortgage | | no | This product is not available for remortgages. | ||
| First Time Buyers | | no | This product is not available to first time buyers. | ||
| Existing Borrowers Moving Home | | no | This product is not available to existing borrowers moving home. | ||
| Existing Borrowers Not Moving Home | | yes | This product is available for product transfer for existing customers only. | ||
| Homemover | | no | This product is not available to homemovers. | ||
| Shared Ownership | | no | This product is not available for shared ownership. | ||
| Right to Buy | | no | This product is not available for right to buys. | ||
| Incentives: | |||||
| Legal Fees Contribution | | no | No legal fees incentive offered. | ||
| No Higher Lending Charge | | yes | No higher lending charge payable. | ||
| Facilities: | |||||
| Portable Mortgage | | yes | This product is portable. | ||
| Fees & Charges: | |||||
| Mortgage Fees | | 1.25% | 1.25% arrangement fee payable. | ||
| Fees Added to Loan | | yes | The arrangement fee can be added to the loan. | ||
| Early Repayment Charge | | yes | There is an early redemption charge payable. | ||
| Early Repayment Charge Amount | | 3/2/2% | ERC - 3% of the capital repaid until 01/04/2011, then 2% until 01/04/2013. | ||
Apply for this mortgage: | |||||
