£200,000 Mortgage Options For Employed & Self Employed. Competitive Mortgages To Match Your Individual Needs. High & Low LTV £200,000 Mortgages Or Remortgages. Free Quotes, 25 Years Experience & No Obligation.
Over 25 years of arranging mortgages and remortgages for people with a whole host of scenarios - if you are seeking a £200,000 mortgage join our customers who have already obtained over £1 Billion in mortgages. The payments and terms are detailed below for some of the £200,000 advances that can be obtained. We have even helped people who have been declined elsewhere. So to swiftly find out the figures for your specific situation either fill in our 2 minute short on line enquiry form if you are short on time or, if you have some time now then, please give our UK mortgage team a call for free from a landline or mobile on 0800 298 3000 or on mobile friendly 0333 003 1505 .
£200,000 Tracker Mortgage Payments At 1.39% Initial Rate
Monthly repayments of £808.33 at a rate of 1.39% Variable for 27 months on a £200,000 remortgage with a 25 year term. This mortgage tracks the base rate and it will only change during the initial period if the BoE base rate changes.
The overall cost for comparison is 4.3% APRC.
As the mortgage is a repayment mortgage you pay interest and capital throughout the term so at the end of the 25 year mortgage your payments end provided you have met your mortgage contract terms.
£200,000 Fixed Mortgage Repayments With 1.6% Initial Rate Product
Payments of £828.52 per month at a rate of 1.6% fixed for 2 years for a £200,000 mortgage taken over a period of 25 years. The payments will not change for the fixed period.
The overall cost for comparison is 4.7% APRC.
This is a £200,000 capital and interest repayment mortgage which means at the end of the mortgage term your payments will end provided you have met the mortgage contract requirements.
As an established mortgage & finance business we have already arranged mortgages and loans totalling over 1 Billion Pounds for customers across the UK. This hopefully demonstrates that we will know how to deal with your mortgage loan or home loan enquiry professionally and efficiently. Through an extensive lending panel we aim to find you a top drawer solution - maybe even one you may not have thought possible. Our methods are simple and transparent, you tell us what you are trying to achieve and a little about your circumstances and we use our over 25 years experience and our directly employed qualified mortgage advisers to provide you with a no obligation free bespoke mortgage quotation, for the amount you are seeking. Mortgages start at just £10,000 and can go up to £millions - in increments of circa £1,000, so we can match your mortgage to exactly what you require. This then enables you to make a decision as to whether you want to proceed with us, or not, without spending anything other than a little of your time.
If you want a different amount or want to know how to obtain different amounts we will let you know the mortgage amount you can borrow between £20,000 and £2,000,000 pounds.
Getting A Mortgage For £200000
A £200000 mortgage is undoubtedly a major financial commitment to take on board, and contemplating whether it is right for you financially is an important decision that you have to make. When it comes down to it, the final choice is always yours and our experienced advisers will help you out every step of the way to make sure it is both your decision and the right one. If you would like to see if you can get a purchase mortgage or remortgage for £200,000 fill in our short online application form at the top of the page. Even if you have been let down for a mortgage by someone else, we will still try to help and we will provide you with a free, no obligation quote to help you make an informed decision before you decide to proceed.
You don`t need to purchase a new property to feel like you are unwrapping a brand new house, a remortgage of £200,000 on a vast majority of properties would be sufficient to completely renovate your house. Many people feel like a house extension, or for example, a loft conversion may be cost prohibitive, even if they feel it could add to the value of the property. Fortunately, here at First Choice we have access to many competitive remortgage rates that could get you the finance to complete those home improvements that the property has been crying out for, all the while not breaking the bank. You may not even need to borrow as much as a 200000 mortgage, but if thought out carefully a remortgage to fund home improvements can be a sound investment especially if the improvements increase your property value. Whatever you want to spend the money borrowed on is basically down to you, some clients even decide to get back on top of their credit cards and loans by taking out a debt consolidation remortgage, whilst these are more common reasons customers do constantly come up with different scenarios that they want the funds for and we always do our level best to help.
If you would like to see the equity available in your property so that you can calculate how much you might be able to obtain with a remortgage head over to our easy to use loan to value calculator. Some of our remortgages can go up to as high as 95% of the home value, so that would give you an idea of the maximum you could borrow if required. Once armed with this information give us a call on the above numbers and we can work out the remortgage rates and payments available to you.
Mortgage On A Property Value Of £200,000
A £200000 mortgage could help you purchase your dream home. With many government schemes in place to help first time buyers and home movers in the mortgage market, you may now even be able to do this with as little as 5% deposit. On a property value of £200,000 this means that rather than a £ 200000 mortgage, with your deposit the mortgage you would be looking to borrow is £190,000 along with the deposit you have saved of £10,000 plus any extra fees involved with the mortgage. If you have managed to save more, or may have help from a family member and you have access to a bigger deposit from 10% and upwards you will be able to access more competitive mortgage rates. If you would like to find out how much you can release from your property call our HQ for free on 0800 298 3000 (landline) 0333 003 1505 (mobile friendly) to speak to one of our knowledgeable mortgage advisers.
A £200000 Mortgage is a fairly substantial mortgage and on a secured debt of that size, it is important to keep on top of the mortgage rate that you are paying. Getting a lower rate could save you hundreds of pounds a month and go a long way to easing any potentially strained household finances you may have. Whether you want to ease the pressure or not, there really is a chance you could to pay over and above the odds on your mortgage if you do not look around. For more information on possibly saving money on your current monthly mortgage repayment give us a call or enquire on line and one of our experienced advisers can offer you a free personal mortgage illustration to see what you could save on your mortgage. Whether it is a £200,000 mortgage or £50,000 mortgage you should frequently revisit your major financial commitments to ensure you are getting the best possible deals.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. Security is required on
Established In 1988. Company Registration Number 2316399. Authorised & Regulated By The Financial Conduct Authority (FCA). Firm Reference Number 302981. Mortgages & Homeowner Secured Loans Are Secured On Your Home
First Choice Finance is a trading style of First Choice Funding Limited of The Old Courtyard, 103 Buxton Road, High Lane, Stockport, Cheshire. SK6 8DX. Copyright protected 2014-2018.
If you have a poor credit rating you may find it more difficult to find a loan here at First Choice Finance we have specialist lenders offering a range of poor credit loans so enquire online and speak to us we may be able to help even if you have been declined finance in the past.