YOUR HOME MAY BE REPOSSESSED IF YOU DON’T KEEP UP REPAYMENTS

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.

Version: ORBPS0093 / 1.11
Date modified: November 28, 2024

Rates table:

60% LTV 75% LTV 80% LTV 85% LTV 90% LTV 95% LTV
5 years 5.25% 5.30% 5.35% 5.45% 5.50% 5.68%
10 years 5.25% 5.25% 5.30% 5.35% 5.45% 5.68%
15 years 5.36% 5.36% 5.41% 5.46% 5.56% 5.80%

APRC Rates table:

60% LTV 75% LTV 80% LTV 85% LTV 90% LTV 95% LTV
5 years 6.88% 6.92% 6.99% 7.09% 7.20% 7.46%
10 years 5.96% 5.96% 6.01% 6.07% 6.18% 6.44%
15 years 5.45% 5.47% 5.50% 5.52% 5.67% 5.95%

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 7.50% 7.55% 7.65% 7.75% 7.90% 8.20%

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

Smallprint: We try our best to make sure that the interest rates on our website are as reliable and up-to-date as possible. If our interest rates or fees are temporarily incorrect and you suffer loss as a result, April Mortgages will not be responsible for this.