Residential

Whether you wish to buy or remortgage, Springtide Capital can help you. We have access to the whole mortgage market which has over 4,000 products. We look closely at what you are looking for and wanting to achieve with your mortgage and carry out the research on your behalf, reverting with our recommendations. Price is always important and we have access to the most competitively priced mortgages, considering rates, fees and term. We advise on all mortgage options, including, where suitable, offset, fully flexible, longer term fixed rates and interest only.

Having agreed the most appropriate product and rate with you, we will process the paperwork on your behalf and ensure you have an offer in the shortest time possible. Our standard timescale will see 75% of offers out within 12 working days and 95% within 16 working days. This quick turnaround time ensures you are able to meet any tight deadlines.

A selection of the Residential Mortgages we have available are shown below. For more information please call 020 3040 4400.

TWO YEAR TRACKER WITH OFFSET FUNCTIONALITY

1.69% above Bank of England Base rate to 31st October 2013 plus cash offset function where cash balances reduce the net interest charged – INTERMEDIARY EXCLUSIVE

Take advantage of the low tracker rate whilst utilising linked accounts to hold any cash balances. Any cash held effectively reduces the balance on which interest is charged each month. Alternatively viewed as obtaining an interest rate on cash equivalent to the mortgage rate being charged without any additional tax liability whilst retaining access to the cash for future use. The overall cost for comparison is 5.5% APR.

  • Bank of England base rate plus 1.69% to 31st October 2013 reverting to the lender SVR (currently 5.99%)
  • Lender fees of £1,995 (£95 payable on application) – these fees are doubled for loans above £750k
  • Early repayment charges of 2% to 31/10/13
  • Available for purchase and remortgage
  • Maximum loan £1,500,000

FIVE YEAR FIXED TO 75% – 3.39%

3.39% fixed to the 31st October 2016 reverting to the lenders standard variable rate for term. The overall cost for comparison is 5.2% APR.

  • Available up to 75% Loan to Value
  • Lender fees of £1,995 (£95 payable on application) – these fees are doubled for loans above £750k
  • Early repayment charges of 5% to 31/10/14 reducing to 4% to 31/10/2015 and to 3% to 31/10/2016
  • For purchase and remortgage
  • Maximum loan £1,500,000   

1.99% TWO YEAR FIXED TO 70% – INTERMEDIARY EXCLUSIVE

1.99% fixed to 31st December 2013 reverting to the lenders standard variable rate (currently 5.69%) for term. The overall cost for comparison is 5.5% APR.

  • Available up to 70% Loan to Value
  • Lender fee of £195 on application plus £1,800 on completion
  • Early repayment charges of 3% to 31/12/2012 reducing to 2% for remainder of fixed period
  • Overpayments up to 10% per annum without penalty
  • Available for purchase and remortgage
  • Maximum loan £500,000

HIGHER LTV – 2 year discounted variable rate to 90% LTV

4.49% variable to 31st December 2013 reverting to the lenders standard variable rate (currently 4.59%). The overall cost for comparison is 4.7% APR.

  • Available up to 90% Loan to Value
  • Capital and interest repayment only
  • Lender fee of £999 (payable on completion)
  • No higher lending fee payable
  • Early repayment charges of 3% to 31/12/2012 reducing to 2% for remainder of fixed period
  • Maximum loan £500,000

These rates were prepared on 4 October 2011 and have been selected considering factors such as rate of interest charged and quality of lenders administration. Rates are accurate on the date of publishing but may be subject to change at short notice and terms are dependent on individual circumstances. Broker fees of up to 1.25% may be charged, although we are happy to discuss payment choices.

Springtide Capital Limited is authorised and regulated by the Financial Services Authority. The FSA does not regulate some forms of mortgage. YOUR HOME MAY BE REPOSSESED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.