This video is all about mortgage rates right now and how they have been including swap rates to try and work out the future of long term rates.
#interestrates #mortgagerates #swaprates

Our site - www.promisemoney.co.uk

Call us - 01902 585020

THANKS FOR WATCHING!! DON'T FORGET TO LIKE AND SUBSCRIBE TO KEEP UP WITH NEW VIDEOS!

Get updates on new products and ideas below:

BROKERS - Find new and innovative products for your clients.
Register - sign up here - - https://www.promisemoney.co.uk/interm...
Newsletters - get here - - https://zc.vg/AALKp
Linkedin - follow here - -   / stevecwalker  

LANDLORDS/ PROPERTY INVESTORS - Products designed specifically for you.
Website - enquire here - - https://www.promisemoney.co.uk/interm...
Newsletters - get here - - https://zc.vg/ZT1ba
Linkedin - follow here - -   / stevecwalker  

GENERAL PUBLIC - You can access all our products too.
Website - enquire here - - https://www.promisemoney.co.uk/
Newsletters - get here - - https://zc.vg/XA5gL
Facebook - follow here - -   / promisemoney  


YOUR BANK MAY HAVE 100's OF PRODUCTS AND PLANS.........
PROMISE MONEY HAS OVER 10,000

1st charge, 2nd charge and even 3rd charge
Term loans, short term bridging, Interest only
Mainstream and specialist / complex products
Residential, BTL, HMO, Commercial, Development & Unsecured Business Loans.

Promise Money is a broker not a lender.
Therefore we offer lenders representing the whole of market for mortgages, secured loans, bridging finance, commercial mortgages and development finance
These loans are secured on property and subject to the borrowers status

More than 50% of borrowers receive offers better than our representative examples
The %APR rate you will be offered is dependent on your personal circumstances.
Correct when this post / video was published

Mortgages and Remortgages
Borrow £270,000 over 300 months at 7.1% APRC representative at a fixed rate of 4.79% for 60 months at £1,539.39 per month and thereafter 240 instalments of £2050.55 at 8.49% or the lender's current variable rate at the time.
The total charge for credit is £317807.66 which includes £2,500 advice / processing fees and £125 application fee. Total repayable £587,807.66

Secured / Second Charge Loans
Borrow £62,000 over 180 months at 9.9% APRC representative at a fixed rate of 7.85% for 60 months at £622.09 per month and thereafter 120 instalments of £667.54 at 9.49% or the lender's current variable rate at the time. The total charge for credit is £55.730.20 which includes £2,660 advice / processing fees and £125 application fee. Total repayable £117,730.20

Unsecured Loans
Annual Interest Rate (fixed) is 49.7% p.a. with a Representative 49.7% APR, based on borrowing £5,000 and repaying this over 36 monthly repayments.
Monthly repayment is £243.57 with a total amount repayable of £8,768.52 which includes the total interest repayable of £3,768.52.

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME REPAYING YOUR DEBTS OVER A LONGER PERIOD CAN REDUCE YOUR PAYMENTS BUT COULD INCREASE THE TOTAL INTEREST YOU PAY.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT

Promise Money is a trading style of Promise Solutions Ltd - Company number 04822774
Promise Solutions, Fullard House, Neachells Lane, Wolverhampton, WV11 3QG
Authorised and regulated by the Financial Conduct Authority - Number 681423
The Financial Conduct Authority does not regulate some forms of commercial / buy-to-let mortgages
Website www.promisemoney.co.uk

Tags: mortgages, mortgage rates, help to buy, mortgage interest rates, mortgage broker, buy to let mortgage, best mortgage rates, remortgage, equity release, interest only mortgage, 95 mortgages, buy to let, first time buyer mortgage, first time buyers, bad credit mortgage, 5 mortgages, 5 deposit mortgage, second charge mortgage, second mortgage, 2nd mortgage, independent mortgage broker, secured loan, second charge, homeowner loan , homeloan, mortgage, mortgage broker, buy to let, remortgage, bridging, renovation loan, overdraft, Secured loan, Loan broker, Second charge, Homeowner loan, Home loan, Mortgage broker, Poor credit loan, Bad credit loan, Bad credit mortgage, Poor credit mortgage, Mortgage missed payments, Mortgage problem credit, commercial mortgage, commercial mortgage rates, business mortgage, Interest, compound interest, simple interest, interest rates

Music from #Uppbeat (free for Creators!):
https://uppbeat.io/t/img/the-frequency
License code: 9Z6S2HRY3V3GWCSK