Current Mortgage Rates

Choosing an appropriate mortgage deal is an important financial commitment that should not be taken lightly. In order to find the best current mortgage rates, it is strongly recommended to shop around and to compare mortgage deals that are currently available.

 

Although it is highly important to take current mortgage rates into consideration when searching for an appropriate mortgage, it is also important to consider a number of other factors. A good mortgage offer may contain a number of useful benefits, such as:

  • Flexible under or overpayment options
  • Some may have no early redemption charges
  • Cheaper arrangement fees

 

Consult our mortgage comparisons table below for more information on other mortgage deals.

About you
Your income
Partner income
Income = £90,000
This calculates your maximum loan
Your property
Property value
Your deposit
Borrow = £200,000
Your loan to value (LTV) = 44%
Your mortgage
Mortgage Type
Payment Method
Payment Term
LenderInitial RateRate TypeInitial Monthly
Payment
Cost For
Comparison
Max LTVTotal FeesEnquire
Post Office1.43%Fixed
Dec-2016
£793.32
4.1%
60%£2465
Skipton Building Society1.49%Fixed
Jan-2017
£798.44
4.8%
50%£2396
Skipton Building Society1.49%Fixed
Jan-2017
£798.44
4.8%
50%£2396
TSB1.59%Fixed
Feb-2017
£808.36
3.8%
60%£2520
Call direct
0808 256 1991
Skipton Building Society1.59%Fixed
Jan-2017
£807.87
4.8%
50%£1396
Skipton Building Society1.59%Fixed
Jan-2017
£807.87
4.8%
50%£1396
Woolwich1.75%Fixed
Mar-2017
£823.58
3.8%
60%£2309
Woolwich1.75%Fixed
Mar-2017
£823.58
4%
60%£3809
Skipton Building Society1.77%Fixed
Jan-2017
£824.90
4.8%
60%£495
Skipton Building Society1.77%Fixed
Jan-2017
£824.90
4.8%
60%£495
12345

Depending on the type of interest rate deal that is selected, current mortgage rates may be influenced by a variety of different factors. Here are some examples of the different deals and how current mortgage rates may be adjusted.

 

Using a fixed rate mortgage, the lender may look at current mortgage rates and agree to offer the customer a fixed interest rate for their mortgage that may be slightly higher compared to many other types of deal. However, it is important to remember that this rate will remain the same for the duration of the agreement, allowing the customer to plan their budget and repayments accordingly.

 

With a tracker mortgage, the lender will typically set a starting interest rate depending on current mortgage rates, but this will then be adjusted according the Bank of England’s base interest rates, and will rise and fall accordingly.

 

Customers who select a discounted variable rate mortgage can expect to pay lower initial rates compared with many other current mortgages. However it is important to remember that these rates will be subject to change as time goes on according to the policy of the lender.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

The above mortgage products highlighted on this website are available directly through lenders who will be able to provide further information about the product you are interested in. If you are unsure about what mortgage product is suitable for you, we suggest you speak to an independent mortgage broker