Best Tracker Remortgage - Northern Rock - (BBR +2.29%)
| Best Tracker Remortgage - Northern Rock - (BBR +2.29%) | 2.79% |  |
- Northern Rock : A variable rate that tracks the Bank of England base rate by +2.29% until 01/11/2013.
- Money back to you : £175 for every £100,000 borrowed.
- No Early Redemption Charge after 01/11/2013.
- Maximum Loan to Value 70%
- APR 4.4% for £150,000 over a 25 year term
- Arrangement fee - £995 that can be added to the loan.
- No Valuation fee.
- Free legals
- Early repayment penalties: 4% of the outstanding loan if repaid before 01/11/2013.
- Overpayments are restricted to 10% of the outstanding balance per year.
- Mortgage is portable.
Best mortgage deals
How we work out our Best Buys.
Instead of just looking at the headline interest rate we calculate the cost of the mortgage over the initial fixed or discounted period. This will include administration fees, valuation fees, legal fees, redemption fees and uniquely the commission that you receive from us.
None of our best buys will have extended tie ins.
We always assume that the property value is £200,000 and the mortgage amount is £100,000 for a term of 25 years.
These best buys are not to be seen as individual recommendations.
