Current Tracker consumers from inside the bad security who want to flow house is also import the brand new negative collateral on the new house, subject to to be able to fulfill our cost conditions. Although not, the fresh loan in order to value (LTV) can’t be more than 140%. Current household should be offered and you can complete proceeds paid the first home loan.

Current tracker speed users inside bad equity who wish to disperse domestic can be transfer its tracker to our Negative Equity ten seasons European Central Financial (ECB) tracker price, up to the degree of their established tracker borrowings. Any extra credit could well be on our variable otherwise repaired costs to have LTV 90%+ borrowing, susceptible to fulfilling regular cost criteria.

Information to own present tracker price users – While you are towards a good tracker speed while want to circulate domestic having fun with our very own Negative Guarantee ten 12 months Eu Main Financial (ECB) tracker rates, you would not feel the to go back to your current tracker price. You will have another type of home loan agreement along with your month-to-month money, your total amount repayable, and the rate of interest on the mortgage may be more than beneath your prior home loan.

Repaired Rates

** Just click varying pricing commonly connected to the ECB foot rate or SVR. the pace can increase or disappear when though there’s no improvement in often of these rates.

*** APRC – means Annual percentage rate of Costs. This is actually the yearly price of the mortgage. It includes not only the eye on the loan but one almost every other charges you have to pay, including a beneficial valuation commission. (more…)