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Loans Latest News New Euro mortgage from Leeds New Euro mortgage from Leeds
Leeds Building Society has launched its first ever Euro mortgage for Britons looking to purchase a property on the Costa del Sol.
The product - a lifetime Euribor tracker plus 1 per cent - is available to UK residents, UK expatriates and Gibraltarians seeking property a few miles up the Spanish coast.
Sally Butcher, Gibraltar Operations Manager said, "We have a number of highly competitive Sterling mortgages available to purchase properties on the Costa del Sol and this new currency product compliments our range superbly.
"The Euribor Lifetime Tracker mortgage is extremely competitive and will start at only 3.13 per cent. This should suit customers who receive their income in Euros and there is no higher lending charge to pay and no early repayment charges, so the customer has complete control of their mortgage.
"I am confident we have a product to suit every customer's needs and that this product will prove extremely popular."
A Euro mortgage differs to a UK mortgage in that its rate is set to the European Central Bank's interest rate, which currently stands at two per cent.
For more information on mortgage brokers click here
The product - a lifetime Euribor tracker plus 1 per cent - is available to UK residents, UK expatriates and Gibraltarians seeking property a few miles up the Spanish coast.
Sally Butcher, Gibraltar Operations Manager said, "We have a number of highly competitive Sterling mortgages available to purchase properties on the Costa del Sol and this new currency product compliments our range superbly.
"The Euribor Lifetime Tracker mortgage is extremely competitive and will start at only 3.13 per cent. This should suit customers who receive their income in Euros and there is no higher lending charge to pay and no early repayment charges, so the customer has complete control of their mortgage.
"I am confident we have a product to suit every customer's needs and that this product will prove extremely popular."
A Euro mortgage differs to a UK mortgage in that its rate is set to the European Central Bank's interest rate, which currently stands at two per cent.
For more information on mortgage brokers click here
Wednesday, 19 October 2005 09:37
Top 5 Personal Loans
|
Loan |
Representative APR |
Min Loan |
Max Loan |
Min Term |
Max Term |
Apply |
|---|---|---|---|---|---|---|
| View Full Table > | ||||||
 |
6.8%
|
£7,500
|
£14,999
|
1 Year
|
5 Years
|
|
| Representative Example: £7500 borrowed over a period of 5 years at 6.8% (fixed) equals monthly repayments of £148 and a total amount repayable of £8,868. There are no other charges included in the total charge for credit. | ||||||
 |
8.2%
|
£5,000
|
£7,499
|
1 Year
|
7 Years
|
|
| Representative Example: £5000 borrowed over a period of 5 years at 8.2% (fixed) equals monthly repayments of £102 and a total amount repayable of £6,112. There are no other charges included in the total charge for credit. | ||||||
 |
6.1%
|
£7,500
|
£14,999
|
1 Year
|
10 Years
|
|
| Representative Example: £7500 borrowed over a period of 5 years at 6.1% (fixed) equals monthly repayments of £145 and a total amount repayable of £8,721. There are no other charges included in the total charge for credit. | ||||||
|
|
8.1%
|
£15,001
|
£25,000
|
1 Year
|
7 Years
|
|
| Representative Example: £15001 borrowed over a period of 5 years at 8.1% (fixed) equals monthly repayments of £305 and a total amount repayable of £18,293. There are no other charges included in the total charge for credit. | ||||||
|
|
6.1%
|
£7,500
|
£15,000
|
1 Year
|
7 Years
|
|
| Representative Example: £7500 borrowed over a period of 5 years at 6.1% (fixed) equals monthly repayments of £145 and a total amount repayable of £8,721. There are no other charges included in the total charge for credit. | ||||||
