The easy way to remortgage – ESBS Term Discount Mortgage
01/03/13 | Posted by: admin
The thought of remortgaging may seem a daunting task, yet whatever your circumstances, whether it’s to release some equity in your home or simply benefit from a better rate, our new Term Discount Re-Mortgage may be the straight forward option you’ve been looking for.
For a limited time we are offering a 2.1% term discount off our Standard Variable Rate of 5.19%, giving a variable rate of 3.09%, with the overall cost for comparison being 3.1% APR. Better still this discount will apply to the length of the mortgage which can be five years, 10 years or even 25 years (terms and conditions apply).
We will pay the valuation fee and the solicitor’s fees, with the charge for the completion fee payable once the money is released and, even better, we add it to the mortgage (interest will be charged on this amount), so there really is nothing to pay upfront. Other charges may apply.
This offer is ideal for those remortgaging and wanting to raise up to £250,000, as long as this is less than 75% of their property value (Max Value £700,000). All we ask is for is a two year loyalty period, after that time the home owner can still get the discount but if they decide to leave us then they don’ t have to pay the Early Repayment Charge.
Does this sound like what you’re looking for? Well why not click here to find out more.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE