GeneralZod
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In respect of Fixed rates , APRs may be higher or lower than the nominal rate, as they are calculated on the basis that the loan reverts to the standard variable rate (which may be higher or lower than the fixed rate) following the fixed rate term.
For Variable rates the APR is calculated on the basis that the current variable rate will remain unchanged for the full term of the loan.
(Typical APR calculations for all rates are based on the cost per month of a mortgage of EUR 100,000 over 20 years).
1) Are some banks not lending at all at the moment? I would guess that you will not get a mortgage from Irish Nationwide for example. This is discussed in this thread
2) Which banks are open to transfers?
The old chestnut of APR for fixed rates loans arises again.
I would quote the actual rate for Fixed Rate loans and the APR for variable rate loans - the exact opposite to your approach.
How about Bank of Scotland? Are they the same price as Halifax?
What's your source for this? [broken link removed] suggests this is only available for LTV <= 50%.Halifax 3.71% <40 years 90% (80% on apartments)
I seem to remember it's worse in that the true APR can change if you change the term, even if the bank's underlying rate has not.APR looks like the only normalised one.
Probably First Active, if they are still lending.Who will lend you the biggest multiple of earnings
the true APR can change if you change the term, even if the bank's underlying rate has not.
Edit: I see it is.... would you like me to provide updated rates?
Standard Variable Rates
Lender, APR, Max term, LTV
[broken link removed] 2.68% <40 years <50% [Now 4.23% for New customers; 2.43% existing customers]
[broken link removed] 2.5% 35 years < 50% New customers only [Now 2.3%]
[broken link removed] 2.94% 35 years < 80% [Now 2.48%]
[broken link removed] 2.78% <40 years 50% - 75% [Now 4.39%]
[broken link removed] 3.46% tbd < 60% [Now 3.2%]
[broken link removed] 2.99% <40 years 75% - 90% [Now 4.54%]
[broken link removed] 3.13% 35 years tbd [rate depends on borrowed amount. >350K, 35 yrs, <50% is Now 3.5%]
[broken link removed] 3.71% tbd >60% [Now 3.46%]
[broken link removed] 3.0% 35 years all existing customers [couldn't find it!]
[broken link removed] 3.24% 85% (80% on apartments) [Now 2.77%]
[broken link removed] 4.2% tbd <80% [Now 3.7%]
Anymore recent info?
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