House purchase rates
Below you can see our current house purchase interest rates: we've made it simple to see the length of the fixed-rate period and different rates based on the loan-to-value (LTV) ratio, which compares your mortgage amount to your property's value.
| 60% LTV | 75% LTV | 80% LTV | 85% LTV | 90% LTV | 95% LTV | |
|---|---|---|---|---|---|---|
| 5 years | 5.32% | 5.37% | 5.42% | 5.52% | 5.62% | 5.87% |
| 10 years | 5.46% | 5.51% | 5.56% | 5.66% | 5.76% | 6.01% |
| 15 years | 5.57% | 5.62% | 5.67% | 5.77% | 5.87% | 6.11% |
APRC Rates table:
| 60% LTV | 75% LTV | 80% LTV | 85% LTV | 90% LTV | 95% LTV | |
|---|---|---|---|---|---|---|
| 5 years | 6.60% | 6.63% | 6.71% | 6.81% | 6.94% | 7.23% |
| 10 years | 6.23% | 6.27% | 6.33% | 6.43% | 6.55% | 6.83% |
| 15 years | 6.05% | 6.09% | 6.14% | 6.24% | 6.35% | 6.61% |
In addition to the interest rates, there are also fees to consider when you take out a mortgage. We want to make mortgages more simple so we've kept our fees to a minimum so you know exactly how much you'll have to pay:
- Application Fee: £195 (non-refundable)
- Valuation Fee: Free (for properties up to £1m); please see our Tariff of Fees and Charges for more information
- Completion Fee: £995 (this can be paid up-front or added to the total mortgage amount; if you add it to your mortgage, you’ll pay interest on it at the same rate as the rest of your borrowing)
| 60% LTV | 75% LTV | 80% LTV | 85% LTV | 90% LTV | 95% LTV | |
|---|---|---|---|---|---|---|
| Standard Variable Rate | 7.00% | 7.05% | 7.15% | 7.25% | 7.40% | 7.70% |
Early Repayment Charges (ERCs):
There are no ERCs when moving house, regular overpayments, lump sums or redeeming in full using own funds. If refinancing / remortgaging then these charges will apply:
| Product | ERCs |
|---|---|
|
5 years
|
5%
4%
3%
2%
1%
|
|
10 years
|
9%
9%
8%
7%
6%
5%
4%
3%
2%
1%
|
|
15 years
|
9%
9%
9%
9%
9%
9%
9%
8%
7%
6%
5%
4%
3%
2%
1%
|
|
Years
|
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
|