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6.59% Lifetime Tracker, variable
| Scheme |
6.59% Lifetime Tracker, variable |
| Scheme Type |
Bank of England Base Rate (currently 5%, variable) + 1.59% for the loan term, to give a current reversion rate of 6.59%. |
| Overall Cost Comparison |
7% |
| Early Repayment Charge |
Nil |
| Loan To Value |
80% to £500,000 |
| Arrangement Fee |
£1499 |
| Broker Fee |
£297 |
| Repayment Options |
Interest Only or Repayment |
| Rent To Interest Cover |
130% at the product rate |
| Income Required |
£20,000 |
| Minimum Mortgage Term |
5 Years |
| Maximum Mortgage Term |
40 Years |
| Minimum Age |
18 |
| Maximum Age |
85 |
| Acceptable Areas |
England, Wales, Scotland, Northern Ireland and Isle of Wight |
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