Typical APR
The actual rate will depend on your individual circumstances. The overall cost for comparison is 7.7% APR. Please ask for a person illustration. A popular rate currently available is a five year fixed rate at 5.19% with 6.7% APR.
If you were able to access the rate of 5.19%, £100,000 loan would cost you £432:50p per month on an interest only mortgage.
Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.