Fixed Rate Mortgages
With our Fixed Rate Mortgages, the interest rate remains the same for a set period of time. This means you’ll know exactly how much you’re putting towards your mortgage each month, which can help you budget and plan for the future.
Our mortgages
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2 Year Fixed Rate 80% LTV (fixed until 31.10.2028)
Initial Interest Rate
5.14%
Maximum Loan To Value (LTV)
80%
Overall Cost for Comparison
7.21%
Product Code
R337
The following is a representative example based on a mortgage of £180,000 payable over 25 years initially on a fixed rate of 5.14% until 31st October 2028, a further discounted variable rate of 6.39% for 4 years, followed by our Standard Variable Rate of 8.14%. In this example you would make 1 payment of £1,833.77, 22 monthly payments of £1,073.27, 48 payments of £1,195.11, 224 monthly payments of £1,356.92 and 1 payment of £410.35.
The total amount payable would be £387,221.42 made up of the loan amount plus interest of £207,171.42 and a Mortgage Exit Administration Fee (£50.00).
The overall cost for comparison is 7.21% APRC representative.
Note: What you will pay may vary from this and will depend on your personal circumstances.
2 Year Fixed Rate 90% LTV (fixed until 31.10.2028)
Initial Interest Rate
5.64%
Maximum Loan To Value (LTV)
90%
Overall Cost for Comparison
7.31%
Product Code
R338
The following is a representative example based on a mortgage of £180,000 payable over 25 years initially on a fixed rate of 5.64% until 31st October 2028, a further discounted variable rate of 6.39% for 4 years, followed by our Standard Variable Rate of 8.14%. In this example you would make 1 payment of £1,961.67, 22 monthly payments of £1,127.37, 48 payments of £1,198.27, 224 monthly payments of £1,360.50 and 1 payment of £413.49.
The total amount payable would be £389,496.26 made up of the loan amount plus interest of £209,446.26 and a Mortgage Exit Administration Fee (£50.00).
The overall cost for comparison is 7.31% APRC representative.
Note: What you will pay may vary from this and will depend on your personal circumstances.