First Time Buyers' Deals of the Week @themortgageexplorer

2005-06-10T23:44:00.000-07:00

a)
Type of Product
FIXED
Payment Rate
2.20
APR
6.10
Time Frame
31/07/2007
Redemption
5% OF AMOUNT REDEEMED UPTO 31/07/2010
Details
ARRANGEMENT FEE: £495 BOOKING FEE : £ 75 ADDITIONAL COST TO BE CONSIDERED: VALUATION, SOLICITORS, STAMP DUTY IF APPLICABLE. (SEE NEWS PAGE) FOR COMMENTS & COMPARISON WITH OTHER RATES AVAILABLE TO FIRST TIME BUYERS FROM Louis dEspagnac - Chief Executive @themortgageexplorer
b)
Type of Product
DISCOUNTED
Payment Rate
4.45
APR
6.1
Time Frame
2 YEARS
Redemption
REPAY ALL BENEFITS WITHIN 1ST 2 YEARS
Details
ARRANGEMENT FEE: £595 NO BOOKING FEE NO VALUATION OTHER FEES TO BE CONSIDERED: SOLICITORS, STAMP DUTY IF APPLICABLE (SEE NEWS PAGE) FOR COMMENTS & COMPARISON WITH OTHER RATES FOR FIRST TIME BUYERS FROM Louis dEspagnac Chief Executive of
The Mortgage Explorer
c)
Type of Product
FIXED
Payment Rate
4.54
APR
5.70
Time Frame
20/01/2006
Redemption
NONE
Details
ARRANGEMENT FEE: £499 NO BOOKING FEE OTHER COSTS TO BE CONSIDERED: VALUATION, SOLICITORS, STAMP DUTY IF APPLICABLE (SEE NEWS PAGE) FOR COMMENTS & COMPARISON WITH OTHER RATES FOR FIRST TIME BUYERS FROM Louis dEspagnac Chief Executive of
The Mortgage Explorer

COMMENTS & COMPARISON BETWEEN DEALS BEING OFFERED TO FIRST TIME BUYERS AT THE MORTGAGE EXPLORER Text I picked three rates being offered to First Time Buyers from a choice of 10471 products. You will see them on the Deal Of The Week page. They are respectively: (a) fixed rate of 2.20% till July07 (b) discounted rate of 4.45% for 2 years (c) fixed rate of 4.54% till Jan06 My preference goes to the third one as you will have noted that the Annual Percentage Rate is lower than the other two: 5.70% to 6.1 & 6.7% respectively. There is also no early redemption penalty at any time whilst enjoying peace of mind through knowing that the fixed monthly payment will not change for the early months of the mortgage

first time buyers rates deal of the week

First Time Buyers' Deals of the Week @themortgageexplorer