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Remortgages

Mortgage: Cheshire Mortgage Corporation - Heavy Adverse

Initial Rate: 10.9%

Period of Initial Rate: 1 year

Subsequent Rate: 12.9%

The Overall cost for comparison is 13.9 % APR

Allowing 6 CCJ's in the last year (3 in last 6 months) and 6 missed mortgage payments in last 12 months (1 in last 3 months)

Repayments
Based on a repayment mortgage of £100,000.00 with a maximum loan to value of 55% and a term of 25 years

Initial monthly repayments of £1,006.16 for 1 year then £1,155.86 subsequent monthly repayments for the remainder of the term

All repayments include any associated fees that are payable, these have already been added to the mortgage balance.

Note: All fees are only payable upon completion of your remortgage.

Total cost if kept over the full term:£344,961.60

Early Repayment Charges: Year 1 = 8%, in 1 - 2 years = 8%, in 2 - 3 years = 8%, in 3 - 4 years = 5%, in 4 - 5 years = 4%, in 5 - 6 years = 3%, in 6 - 7 years = 2%, in 7 - 8 years = 1%

The actual rate available will depend on your circumstances. Ask for a personalised illustration.