Important Credit Information - mortgages

Mortgages and remortgages are only available to British citizens and are subject to status.

Mortgages are not available to under 18's.

For important credit information on secured (UK home owner) loans, please click here

Britsnet Ltd is registered in England and Wales:
Company Number: 3934999
Address: click here

Britsnet Ltd is registered with The Office of Fair Trading. Consumer Credit Licence (CCL) No: 515045

A mortgage on your property is required and some lenders may require insurance.

Mortgages from UK Lenders - Representative Examples

		Type Of Mortgage Initial Rate Standard Variable Rate at Date of Commencement APR Monthly Payments Application/Administration Fee Total Amount Payable Early Repayment Charge Variable Rate 5.75% 5.75% 7.7% 300 at £287.50 Nil £146,884.00 3 months interest at the variable rate during first year Fixed Rate 5.39% 5.00% (Bank Base Rate plus 1.00%) 5.6% 59 at £426.71 followed by 241 at £395.83 £399.00 £218,153.92 7% of the amount redeemed until 28th February 2003, 6% until 28th February 2005 and 5% until 28th February 2007, plus £100 administration fee. Discounted Rate for 1 year 4.80% 5.80% 6.0% 12 at £240.00 followed by 288 at £290.00 £300.00 £147,220.00 Repayment of the discount received during first 2 years Bank Base Rate, currently 4.00%, plus 1.00% until 2nd September 2008 5.00% 5.95% 5.6% 80 at £250.00 followed by 220 at £297.50 Nil £146,130.70 Nil Capped Rate until 1st November 2004 5.99% 5.75% 6.7% 33 at £299.50 followed by 267 at £287.50 £295.00 £147,555.00 Nil

Representative Examples – assume the following:

• A mortgage loan of £60,000 to purchase a property valued at £100,000 over 25 years (300 monthly payments). Rates are variable except for any period during which a fixed rate applies.
• Estimated legal fees (including Land Registry fees) of £250 and sealing fee of £75.
• For fixed, capped and discounted rate mortgages, it is assumed that the fixed/capped/discounted rate applies for the period of the fix/cap/discount, and that the rate then reverts to the standard variable rate applying at the commencement of the mortgage. In fact, the standard variable rate is likely to have changed by the end of the fixed/capped/discounted rate period.
• For further assistance, please phone a mortgage adviser on 020 7072 7998.

All loans subject to the lender's underwriting criteria and applicant's status.