Frequently Asked Questions
FAQ Topics

What does APRC mean?

APRC stands for Annual Percentage Rate of Charge. It is a financial term commonly used in the United Kingdom and European Union to represent the overall cost of borrowing, including both interest and other associated fees and charges, expressed as an annualized percentage.

The APRC provides borrowers with a standardised measure that allows them to compare the total costs associated with different credit products, such as mortgages, loans, or credit cards. It takes into account not only the interest rate but also any upfront fees, arrangement fees, and other costs associated with the credit agreement.

The APRC includes the following components:

  1. Interest Rate: The interest rate charged by the lender for borrowing the funds.
  2. Fees and Charges: Any upfront fees, arrangement fees, or application fees that are associated with the credit product.
  3. Other Costs: Additional costs or charges, such as insurance premiums, valuation fees, or legal fees that may be required in the borrowing process.

By considering all these factors, the APRC provides borrowers with a clearer understanding of the true cost of borrowing over the entire loan term. It helps borrowers make more informed decisions by comparing different loan offers on a like-for-like basis.

Lenders are legally required to disclose the APRC when advertising or offering credit products to consumers. It allows borrowers to have a better understanding of the total costs involved, enabling them to compare options and choose the most suitable credit product for their needs.

When comparing credit products, it’s important to note that the APRC may not reflect the actual amount borrowers will pay due to individual circumstances, such as credit history, loan term, or specific terms and conditions of the loan. Therefore, borrowers should carefully review the specific details of the credit agreement, including any additional charges or conditions, before making a final decision.


Choosing a mortgage is an important financial decision and it’s easier with someone who’s on your side. We work as a whole of market mortgage broker so that you get the best possible choice of mortgages.



We are perfectly placed to help you find a buy to let mortgage solution that matches your property needs for individuals, families, investors, landlords and Limited Companies.

buy to let mortgages

We are experienced whole of market brokers who can help you get a great holiday let mortgage.

We can also give you access to exclusive schemes and some specialist lenders who don’t deal direct with borrowers. Loans are available to individuals and SPV’s upto 75% and we can help with Scottish properties, mixed use, multi-lets and Airbnb.

Our holiday let mortgage brokers know the lenders and their lending criteria well, enabling us to guide you to the best holiday let mortgage solutions

holiday to let mortgages

Bridging loans are one of the most useful, multi-purpose, types of lending solutions available. You can get a bridging loan approved on almost any property for almost any reason. Great for auction purchases or snapping up a buy to let bargain.

And we can arrange them really fast.

bridging loans

Development finance is designed to help with the purchase and build costs for a residential development project.

Solutions are available for change of use, ground-up projects, refurbishment or major building work and property extensions.

development loans
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