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BFG_Logo_Burgundy
  • About
  • Services
    • Mortgages
      • First Time Buyers
      • Home Movers
      • Remortgaging
      • Adverse Credit
      • LandLords
      • Equity Release
    • Protection Insurance
      • Business Protection
      • Personal Protection
  • Resources
    • Guides / Free Downloads
    • Mortgage Wallet
    • FAQs
  • Contact
  • About
  • Services
    • Mortgages
      • First Time Buyers
      • Home Movers
      • Remortgaging
      • Adverse Credit
      • LandLords
      • Equity Release
    • Protection Insurance
      • Business Protection
      • Personal Protection
  • Resources
    • Guides / Free Downloads
    • Mortgage Wallet
    • FAQs
  • Contact

Date Archives May 2023

first time buyer specialist

First Time Buyer specialist Ian Wicks talks us through how to get ‘Mortgage Ready’ in time for the big decisions… and your new home!

in Blog on May 12, 2023 April 19, 2024 Share Facebook Twitter Pinterest Email

…

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Best Financial Group is registered with the Data Protection Act 1998 registration No. ZB547561 and is authorised and regulated by the Financial Conduct Authority under the firm reference No. 1005176 as an Appointed Representative of TMG Direct Limited which is authorised and regulated by the Financial Conduct Authority under firm reference 786245 and registered with the Data Protection Act 1998 Registration no. ZA178200.

A mortgage of £225,134 payable over 24 years, initially on a fixed rate until 30/09/26 at 4.88% and then on a variable rate of 6.99% for the remaining 22 years would require 26 payments of £1328.29 followed by 262 payments of £1,593.54. The total amount payable would be £453,042 made up of the loan amount plus interest (£226,909) and fees (£999). The overall cost for comparison is 6.8% APRC representative.

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