Mortgages – New Purchases

Mortgages - New Purchases

About new purchases

Buying a new home is a big commitment and raises lots of financial questions, such as how much can I borrow? How much will it cost? And what type of mortgage is best for me?

Because the mortgage market changes on a daily basis, you need an expert like Kingsway to help you answer those questions. We have years of experience of helping homebuyers make the right choices.

Case Study

A couple approached Kingsway after finding their perfect property before they had sold their own. They were under pressure from the estate agents and thought all was lost. Kingsway managed to secure them a mortgage on the new property, without having to sell their own first by using their savings to fund a smaller deposit.

Call our New Purchases Team on

020 7383 4181

Best buy table

New purchases

Initial Rate APR Description Early Redemption Charge Lenders setting up costs
1.09% 3.3% Fixed until 31/07/2022 2% until 31/07/2022 £999 lenders fee. Max 60% loan to value.
1.24% 3.3% Bank of England base rate plus 1.14% for 24 months no early repayment charges £999 lenders fee. Max 60% loan to value.
1.36% 2.8% Fixed until 30/09/2025 5% until 30/09/2021 followed by 4% until 30/09/2022, 3% until 30/09/2023 & 2% until 30/09/2024 & 1% until 30/09/2025 £1499 lenders fee. Max 60% loan to value.
1.99% 2% Lifetime Discount Variable 3% in year one, 2% in year two & 1% in year three Max 75% loan to value.
3.39% 4.6% Discounted rate for 3 years no early repayment charges Max 100% loan to value