"Explained things in concise clear language. Easy manner - no pressure - created environment to make a decision. "
Mr & Mrs M.,
Leeds, West Yorkshire
Try our Additional Mortgage Payment Calculator below to get an idea of how much money you may be able to save in interest, and how much quicker you may be able to repay your mortgage by making regular additional mortgage payments on your mortgage account. These additional mortgage payments are known as Mortgage Overpayments and are usually a feature of Flexible Mortgage products.
So to get an indication of how much you can save as well as how much quicker you may be able to repay your mortgage by making regular additional mortgage payments to your mortgage account based on a specific amount to be borrowed, a specific interest rate, and a specific repayment period, as well as a specific repayment amount and the frequency with which those repayments are made simply fill in the boxes below on our Additional Mortgage Payments Calculator. Please note, your results will appear underneath the calculator, so you will need to scroll down again after pressing the calculate button.
Please note our Additional Mortgage Payments Calculator is only intended to serve as a guide for illustration purposes as to potentially how much you could save in Interest and how much quicker you could pay off your mortgage, and the information it provides does not provide you with all the details you need when it comes to choosing your mortgage. This is not a personalised illustration.
Additionally, Early Repayment Charges may apply if you repay your mortgage ahead of it's schedule.
Make sure you read the Key Facts Illustration (KFI) provided to you before choosing your mortgage. The information provided here is not a personalised illustration and is subject to an assessment of your income, property value and credit checks.
Hopefully our Additional Mortgage Payment Calculator has given you a reasonable indication of potentially how much money could be saved on your mortgage by making regular additional mortgage payments on your mortgage account. Remember, these additional payments are known as Mortgage Overpayments, and they are usually a feature of Flexible Mortgage products. For a more detailed picture as well as details of how we can help with a Flexible Mortgage product - even in the trickiest of circumstances, why not give one of our professionally qualified Mortgage advisors here at Shire Direct a call on Freephone 08000 282 281 today, our lines are open everyday from 8am until 10pm and we'll be happy to provide you with a rapid in-principle decision. If you prefer, you can also enquire online at any time, in either instance, we'll be delighted to assist in any way we can!
The overall cost for comparison is 9.8% APR.
The actual rate available will depend upon your circumstances. Ask for a personalised illustration. APR variable and based on a usual case. Most customers are likely to receive a lower rate or the same rate as our overall cost for comparison rate - learn more about APR.
There are no upfront broker fees.
However, a fee may be charged on successful completion. An indication is that on conforming cases (straightforward applications with no or minimal adverse credit) a fee may be charged of up to 1% of the amount advanced, typically £795 and will depend on your circumstances.
For non-conforming cases (where case research and processing may be more complex due to adverse credit or unusual circumstances), a fee may be charged of up to 3% of the amount advanced, typically £1,995.
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.
Adding existing debt to your mortgage will increase the repayment term and overall cost.
Shire Direct and Shire Direct Mortgages are trading styles of Shire Processing Centre Limited which is
Authorised and regulated by the Financial Services Authority in respect of regulated mortgage products and general insurances.
Registered No: 302389. Commercial funding and Secured Loans are not regulated by the FSA.
Licensed Credit Brokers. Consumer Credit Licence Number: 349999.
Shire Processing Centre Limited is registered under the provisions of the Data Protection Act by the Information Commissioners Office: Registration No: Z6795249. Registered in England & Wales. Company number: 2732202. Telephone calls may be recorded for training, monitoring and security purposes. All applicants must be aged 18-years or over.
