Representative Example: £150,000 mortgage over 25 years initially at 2.29% fixed for 37 months reverting to 4.49% variable for 24 months and 4.24% variable for term. 37 monthly payments of £657.17, 24 monthly payments of £812.27 and 239 monthly payments of £795.10. Total amount payable £234,887.67 includes loan amount, interest of £83,839, valuation fees of £0 and product fees of £999. The overall cost for comparison is 3.9% APRC representative.
Moneyfacts.co.uk Best Buys show the best products chosen by our independent experts.
Where we have been able to we have also provided a link for you to apply via Moneyfacts.co.uk today.
Products shown with a yellow background are sponsored products.
Credit will be secured by a mortgage on your property. YOUR HOME MAY BE REPOSSESSED IF
YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. Written quotations are available from
individual lenders. Loans are subject to status and valuation and are not available to
persons under the age of 18. All rates are subject to change without notice. Please
check all rates and terms with your lender or financial adviser before undertaking
If you need a level of security for your monthly payments, or if you think interest rates may rise (as they inevitably will from their current historic low), fixed rates are worth considering. Although the rates on 3 year fixed rate mortgages might be a little higher than 2 year fixed rates, the fees charged are broadly similar.
Fixed rates are useful for planning your budget around future life events that match the term of the mortgage; for example, if you are planning to start a family, although you will need to be able to demonstrate that you can afford the mortgage even after the three year period has finished. When you look at our best buys, you will see that we have selected products from across different loan-to-value tiers in order to give a wide overview of what’s available.
However, if you can’t find a product that’s right for you don’t worry – you can use our quick and easy mortgage search to access a more comprehensive list of mortgages.
Mortgage repayment calculatorWork out how much your mortgage repayments will be.
How much can I borrow calculator?Work out what your monthly mortgage payments are likely to be based on how much you want to borrow over the mortgage term.
We all know how difficult it can be to get on the property ladder, but new figures have brought that... More
Living near a park is often on the priority list for house hunters in the city, especially those wit... More
Prospective first-time buyers are getting poised to start house-hunting as spring nears. Happily, ou... More
When you come to the end of a fixed mortgage deal, do you revert to an SVR, or remortgage to another... More
The Help to Buy mortgage guarantee scheme may have come to an end, but that hasn’t dampened activity... More
Find out how to choose the best estate agent in this guide. We look at practical ways to shortlist, ... More
Mortgage valuations shouldn’t be confused with a property survey. You should consider having a surve... More
What is your relationship with your mortgage? Are you repaying it off as quickly as you can – are yo... More
Coventry BS has reduced its 10-year mortgage rate by 0.20%. This has allowed the deal to retain its ... More
West Brom BS has reduced the rate on its two-year mortgage deal, which has earned it a high Moneyfac... More
first direct has reduced selected fixed rates, including on its 10-year mortgage offering, which has... More
West Brom BS has launched several new mortgage products, including a three-year fixed remortgage dea... More
HSBC has reduced the fixed rate on its 10-year mortgage offering by 0.25%, which sees it enter the B... More
Moneyfacts.co.uk will, like most other websites, place cookies onto your computer’s
hard drive. This includes tracking cookies.