Is this a good Mortgage deal?

anotherquestion

Hi there, 
Relative has got this mortgage quote on a borrowed sum of £50k over 20 years. Just wondering if its a good deal?

. Main features of the loan (continued) Amount and currency of the loan to be granted: £50,000.00 Duration of the loan: 20 years This illustration is based on a mortgage loan for a property purchase. Repayment Method: Capital repayment This illustration is provided on Accord Mortgages's 53526 2.23% 2 Year Fixed until 31/08/2023 then SVR Internet Only Purchase Only mortgage. Step 1 of your mortgage is a fixed interest rate of 2.23% that will apply from completion until 31 August 2023. Step 2 of your mortgage product starts after 31 August 2023, and the rate that will apply is 0.74% below the Standard Variable Rate, currently 4.49%, until 31 August 2026, to give a current rate payable of 3.75% Step 3 of your mortgage product starts after 31 August 2026, and the rate that will apply is Accord Mortgages's Standard Variable Rate, currently 4.49% for the remaining term of the mortgage. # The rate you will be charged will change no later than 15th of the month following the month during which a Bank of England base rate change is announced. Total amount to be repaid: £72,330.80 This means that you will pay back £1.45 for every £1 borrowed. The amount is illustrative and may vary, for example, in the event of changes to interest rates.

4. Interest rate and other costs (continued) The annual percentage rate of charge (APRC) is the total cost of the loan expressed as an annual percentage. The APRC is provided to help you to compare different offers. The APRC applicable to your loan is 3.86%. It comprises: Interest rate: 53526 2.23% 2 Year Fixed until 31/08/2023 then SVR Internet Only Purchase Only Step 1 of your mortgage is a fixed interest rate of 2.23% that will apply from completion until 31 August 2023. Step 2 of your mortgage product starts after 31 August 2023, and the rate that will apply is 0.74% below the Standard Variable Rate, currently 4.49%, until 31 August 2026, to give a current rate payable of 3.75% Step 3 of your mortgage product starts after 31 August 2026, and the rate that will apply is Accord Mortgages's Standard Variable Rate, currently 4.49% for the remaining term of the mortgage. Costs to be paid on a one-off basis: Fee: Fee amount: Payable to: Payable when: Refundable: Added to loan? Mortgage Fee £90.00 Lender On Redemption No No Valuation Fee Free Lender Up Front No No  On receipt of a mortgage offer No No Costs to be paid regularly • None.

5. Frequency and number of payments Repayment frequency: Monthly Number of payments: 240 6. Amount of each instalment 26 monthly payments at a fixed rate of 2.23% £258.42 36 monthly payments at a variable rate, currently 3.75% £292.51 178 monthly payments at a variable rate, currently 4.49% £307.34
Thanks for any advice.