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Remortgage Checklist

At Ocean Finance we have a wide selection of rates to suit your personal circumstances. Please view the table below for some examples of our products.

80% LTV (Loan To Value)
Mortgage Type Initial Rates Further Information You Choose
5.69% initial £495.62. x 24 months / £661.11 for 276 months, for £100,000. Total term of 25 years (interest only).

Total amount payable £298,885.24.
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3 year fixed
then reverts to 7.59% variable

Cost for comparison
7.9% APR

6.19% initial £539.17 x 36 months / 661.11 for 264 months, for £100,000. Total term 25 years (interest only).

Total amount payable £298,467.16
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5 year fixed
then reverts to 7.59%
variable

Cost for comparison
7.8% APR

6.49%

£565.30 x 60 months / 661.11 for 240 months, for £100,000 over 25 years (interest only).

Total amount payable £297,108.40

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calculate my repayments
90% LTV (Loan To Value)
Mortgage Type Initial Rates Further Information You Choose
2 year fixed rate then reverts to 7.59% variable

Cost for comparison

8.0% APR
6.29% initial £548 x 24 months / £662 x 276 months, for £100,000. Total term of 25 years (interest only).

Total amount payable £298,886
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calculate my repayments

3 year fixed
then reverts to 7.59% variable

Cost for comparison
8.0% APR

6.64% initial £579 x 36 months / £662 x 264 months, for £100,000. Total term 25 years (interest only).

Total amount payable £299,879
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apply now

5 year fixed
then reverts to 7.59%
variable

Cost for comparison
8.0% APR

6.79%

initial £592 x 60 months / £662 x 240 months, for £100,000 over 25 years (interest only).

Total amount payable £298,677

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calculate my repayments
Specialist Buy To Let Mortgage Plans
Mortgage Type Initial Rates Further Information You Choose

Slight Adverse
3 Missed Mortgage payments & £4,000 CCJ's

2 year fixed rate then reverts to 8.4% variable

Cost for comparison
9.0% APR

8.2% initial £704 x 24 months / £721 x 276 months, for £100,000. Total term of 25 years (interest only).

Total amount payable £318,975
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calculate my repayments

Heavy Adverse
Unlimited Mortgae arrears / Unlimited CCJ

Cost for comparison
11.0% APR

10.13% variable initial £870 per month for £100,000. Total term of 20 years (interest only).

Total amount payable £363,705
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No Proof of rental income required
2 year fixed rate then reverts to 7.89% variable

Cost for comparison
8.3% APR

6.89% initial £595 x 24 months / £681 x 276 months, for £100,000. Total term of 25 years (interest only).

Total amount payable £305,829
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calculate my repayments

Tracker Mortgage
0.890% above base rate 6.64% variable

Cost for comparison
7.2% APR

6.64% variable initial £579 x 300 months for £100,000. Total term of 25 years (interest only).

Total amount payable £278,035
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calculate my repayments
Rates from 6.9% to 13.2% APR variable

Only upon completion our fee is up to 3% (maximum). We will pay any legal and valuation costs.

Terms usually available for applicants with county court judgements, defaults or mortgage arrears. No obligation on any offer made, all quotes are provided free.

 

TYPICAL RATE IS 7.6% APR VARIABLE. THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.