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Header Image for Residential rate of the week - 10 August 2022

Residential rate of the week - 10 August 2022

Trinity Financial has access to tracker rates from 2.5%.

Cheap headline rate for property purchases and remortgages

Trinity Financial has access to a residential 2.5% Bank of England tracker rate for mortgages up to £2 million. For help to secure a leading mortgage call us on 020 7016 0790 or book a mortgage consultation.

  • Residential purchase and remortgage tracker 
  • Initial rate - 2.5%  - 0.75% over the BoE base rate  How much will it cost?
  • Period - Two years 
  • Deposit - 40%
  • Reversion rate - Reverting to the Bank of England Base Rate +3.49%
  • Arrangement fee - £999
  • Early repayment charges - None

APRC

The APRC applicable on this loan is 3.3%. The actual rate available will depend on your circumstances. Please ask for a personalised mortgage illustration.

Mortgage available on an interest-only or capital repayment basis, subject to acceptance criteria. £2 million maximum loan.


Representative example: A capital and interest mortgage of £500,000 payable over 30 years, initially on a tracker rate basis for two years at 2.5% and then on a variable rate of 5.24% for the remaining 28 years, would require 24 monthly repayments of £1,975.60 followed by 336 payments of £2,709.90. The total amount repayable would be £959,054.80 made up of the loan amount, plus interest (£457,939.39) and £999 (product fee), £80 (final repayment charge), £30 (completion fee). The overall cost for comparison is 3.3% APRC representative.

The actual rate available will depend on your circumstances. Please ask for a personalised mortgage illustration.

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13
years of experience

Over the last 12 years we have helped thousands of clients to purchase new homes, secure buy-to-let mortgages and remortgage.

26
mortgage experts

Trinity’s experts will do everything possible to secure the fastest mortgage offers while providing you with regular progress updates.

12,000+
mortgages arranged

We consistently arrange fantastically priced fixed and tracker rate mortgages through the leading banks and building societies.