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Available for: Remortgage
4% of amount repaid until 31/03/2019, followed by 3% of amount repaid until 31/03/2020, followed by 2% of amount repaid until 31/03/2021 plus interest to the end of the month in all cases.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
A mortgage of £155,000 payable over 25 years initially on a fixed rate for three years at 2.74% and then on our current standard variable rate of 4.24% (variable) for the remaining 22 years would require an initial payment of £1,074.94, 37 monthly payments of £714.24 and 262 monthly payments of £824.24.
The total amount payable would be £243,552.70 made up of the loan amount plus interest (£88,476.31) and a release of charge fee (£100 - paid upon redemption).
The overall cost for comparison is 3.9% APRC representative.
Find out how to apply for a mortgage with the West Brom.
Use our ‘How much can I borrow’ mortgage calculator to get an indication of what we may be able to lend to you.
Whether you are a first time buyer or remortgaging your current home, our mortgage guides can help you cut through the jargon.
Find out how you can apply for a mortgage with the West Brom and what you will need to help you with your application.