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 | 100% LTV | |
|---|---|---|---|---|---|---|---|
| 5 years | 4.90% | 4.95% | 5.00% | 5.05% | 5.20% | 5.40% | -- |
| 10 years | 5.25% | 5.30% | 5.35% | 5.40% | 5.55% | 5.75% | 6.13% |
| 15 years | 5.45% | 5.50% | 5.55% | 5.60% | 5.75% | 5.95% | 6.33% |
APRC Rates table:
| 60% LTV | 75% LTV | 80% LTV | 85% LTV | 90% LTV | 95% LTV | 100% LTV | |
|---|---|---|---|---|---|---|---|
| 5 years | 5.78% | 5.83% | 5.91% | 5.98% | 6.14% | 6.39% | -- |
| 10 years | 5.60% | 5.65% | 5.70% | 5.76% | 5.92% | 6.14% | 6.53% |
| 15 years | 5.68% | 5.74% | 5.79% | 5.84% | 6.00% | 6.21% | 6.62% |
In addition to the interest rates, there are also fees to consider when you take out a house purchase 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: £0 (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 | 100% LTV | |
|---|---|---|---|---|---|---|---|
| Standard Variable Rate | 6.50% | 6.55% | 6.65% | 6.75% | 6.90% | 7.20% | 7.50% |
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
|