Mortgage for £160000
What is a £160,000 fixed rate mortgage?
A fixed rate mortgage remains fixed until a specific date and repayments do not change during the fixed period, even if the base rate or variable rate undergoes certain changes. The fixed rate period typically lasts from 2 to 5 years in some cases up to 10 years.
What is a £160,000 first time buyer mortgage?
First time mortgage is when the buyer takes a mortgage to buy his first home. The typical mortgage amount varies from £ 150000 to £300000. The typical term from 15 to 25 years.
What is a £160,000 buy to let mortgage?
When a buyer buys a house and rent it. The purpose is to pay off the mortgage using income from tenants. The typical buy to let mortgage amount varies from £ 150000 to £300000. The typical term from 15 to 25 years.
Where I could spend my £160,000 mortgage?
£160,000 mortgage could be used for many reasons. If you are planning to buy your first home, next house, buy to let, remortgage, you can with a £160,000 mortgage.
How long can I take to repay the mortgage?
It varies from lender to lender but typically it is from 15 to 25 years for first time buyer, next time buyer, buy to let mortgage. The longer term, the lower payments but you pay more interest.
How can I apply for £160,000 mortgage?
If you like to apply for a low cost mortgage, fill the form on the top of the page. It is quick and easy to make an online application. Just take a few minutes to complete the form so we can get a clear view of you, your finances and your needs. Our experts will assess your situation and get back to you with no obligation £160,000 mortgage quote. It is up to you to take it or not.
Can I apply for different mortgage amount than £160,000?
You could apply for any mortgage amount up to £1,000,000. Please use our form above, click on the loan amount dropdown and change it from £160,000 to any amount you would prefer to borrow or check available options below, for example £150000 mortgage, £156000 mortgage, £157000 mortgage, £158000 mortgage, £159000 mortgage, £160000 mortgage, £161000 mortgage, £162000 mortgage, £163000 mortgage, £164000 mortgage , £170000 mortgage