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 | 5.20% | 5.25% | 5.30% | 5.40% | 5.50% | 5.75% |
| 10 years | 5.34% | 5.39% | 5.44% | 5.54% | 5.64% | 5.89% |
| 15 years | 5.45% | 5.50% | 5.55% | 5.65% | 5.75% | 5.99% |
APRC Rates table:
| 60% LTV | 75% LTV | 80% LTV | 85% LTV | 90% LTV | 95% LTV | |
|---|---|---|---|---|---|---|
| 5 years | 6.55% | 6.58% | 6.66% | 6.76% | 6.89% | 7.18% |
| 10 years | 6.15% | 6.19% | 6.25% | 6.35% | 6.47% | 6.74% |
| 15 years | 5.95% | 5.98% | 6.04% | 6.14% | 6.25% | 6.51% |
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
|