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Latest Expatriate UK Mortgage Rates (26/09/2006)

 
Candour Consultancy and International Mortgage Plans are delighted to offer a range of unbeatable refinancing terms for expatriates re-mortgaging. Compare these terms with the market place and you will see how competitive they are. A low charging rate need not mean the high arrangement fees which are now a feature of most lenders propositions. Funds will be taken up quickly so act now to check availability. The major features of the schemes include:

 

Scheme 1

A re-mortgage package for existing home owners. Features include:

 

·          Free valuation and free legal transfer.

·          A three year discount current rate 4.99% - 2.3% discount from lenders standard variable rate

·          £695 Lenders arrangement fee

·          No repayment penalty at anytime - fully flexible over/underpayment.  

·          Maximum loan to value 75%

·          No first time buyers

·          Available as either an interest only or capital & interest loan.

·          Maximum borrowing of £500,000 on up to 3 properties

·          Capital raising for further property investment acceptable

 

International Mortgage Plans are also offering market leading expatriate mortgages for new purchases and first time buyers; current schemes include: 

 

Scheme 2

A flexible, two year base-rate tracker mortgage.

 

In the first two years, the interest rate follows the bank base-rate with a margin of just 0.14%. This produces a current interest rate of just 4.89%.

 

The lenders arrangement fee is £599 for new purchases and £699 for re-mortgages. There are no redemption penalties at anytime

 

Scheme 3

A mortgage that tracks the bank base-rate for the term of the mortgage.

 

The interest rate follows the bank base-rate with a margin of 0.49% (current rate 5.24%) for the entire term of the mortgage.

 

The lenders arrangement fee is £599 for new purchases and £699 for re-mortgages. There are no redemption penalties at anytime

 

Scheme 4

A five year fixed interest rate of 5.25 %.

 

The interest rate is guaranteed at 5.25% for the first five years of the mortgage. The lenders arrangement fee is £599 for new purchases and £699 for re-mortgages.

 

There is a 5/4/3/2/1% early repayment penalty within fixed term. However, partial repayment of 10% per annum can be made without penalty.

 

Candour Consultancy can arrange independent mortgage protection policies for all these mortgages.

 

For full details of any of the above mortgages, just click here to provide us with your preferred contact details and an indication of the scheme(s) you are interested in.


 

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