Recent content by SmallBench

Thanks, this confirms I was focusing too much on the headline rate. I’m going back for like-for-like illustrations showing the fee, monthly payment, balance after one year, early-repayment terms and follow-on rate. I’ll also test affordability on the assumption that refinancing is delayed or...

I’ve been quoted 7.53% fixed for one year on a London apartment purchase around £483,600. The advertised rate was lower, but the arrangement fee and loan-to-value tier changed the picture considerably. What would you compare across lenders: APR, interest during the fixed year, or total cash...