|
Scenario: £180k mortgage, min 40% deposit & sourced by complete cost. Results ordered by type & duration of ERC. |
||||||
| Lender | Initial Rate | Until | Subsequent Rate | Overall Cost for Comparison | Max Loan To Value | Proceed |
| First Direct | 2.79% | Term | 2.79% | 2.90% | 60% |  |
| Abbey | 2.79% | 3 years | 4.24% | 4.00% | 70% | |
| Alliance & Leicester | 2.95% | 2 years | 4.99% | 4.80% | 75% | |
| HSBC | 2.99% | 2 years | 3.94% | 3.90% | 60% | |
| Market Harborough BS | 2.99% | 2 years | 5.49% | 5.20% | 75% | |
| Marsden BS | 3.09% | Nov 2011 | 5.49% | 5.30% | 75% | |
| Leek United BS | 3.59% | November 2011 | 5.19% | 5.10% | 75% | |
| Mansfield BS | 3.79% | 2 years | 5.24% | 5.20% | 75% | |
| ING Direct | 3.94% | Term | 3.50% | 3.70% | 75% | |
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