Royal Bank of Scotland Mortgages
Royal Bank of Scotland offers a wide range of mortgage types to suit a variety of buyers, from those just starting out on the property ladder to those who are looking to remortgage in the hope of getting a better deal. Some of the mortgage types on offer from Royal Bank of Scotland include:
- Fixed rate mortgage deals – with a fixed rate mortgage deal from the Royal Bank of Scotland, you can enjoy the security and reassurance of knowing exactly how much you will need to budget towards your mortgage repayments each month, because the interest rate you pay will be the same for the duration of the fixed rate term. Royal Bank of Scotland offers a range of fixed rate mortgages ranging from 2 to 5 years in length.
- Tracker mortgage deals – tracker mortgages are a type of mortgage which bases the interest paid on the movement of the Bank of England Base Rate. A tracker mortgage from the Royal Bank of Scotland could be an option for people who want to take advantage of any changes in the base rate and do not mind not having fixed mortgage repayments.
- Remortgage deals – If your current fixed rate or tracker mortgage deal is coming to an end, you may want to look around the other mortgage options available because many mortgage rate move to the lender’s standard variable rate after the initial offer period ends. Royal Bank of Scotland offers a range of fixed rate and tracker rate remortgage deals which could appeal to those homeowners who are looking to switch their mortgage.
- Buy to let mortgage deals – For current or prospective landlords, the Royal Bank of Scotland offers a selection of competitive buy to let mortgage deals of various types and rates.
- First time buyer mortgage deals – It can be more difficult to get on the property ladder if you do not have a substantial deposit, but the Royal Bank of Scotland’s range of first time buyer mortgages could help. Royal Bank of Scotland is participating in the Government Help to Buy mortgage scheme, which offers mortgages of up to 95% loan to value (LTV) to help buyers with a smaller deposit own their own homes. Royal Bank of Scotland also offers its own selection of exclusive mortgage deals for first time buyers, with no product fees.
Compare Royal Bank of Scotland Mortgages
Compare your current Royal Bank of Scotland mortgage options with other mortgage deals in the table above or Call Royal Bank of Scotland Mortgages Direct on 0800 096 7447.