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Mortgage Best Buys Beta

We aim to bring you the most powerful mortgage best buy table possible, including all deals available to brokers and crucially direct only

Unlike many other best buy tables we don't just include broker only mortgages, we also show you the direct deals. The only mortgages that might be available that we can't show are exclusives that are available to specific brokers.

deals too. And we don't promote 'featured commercial partners'.

Step-by-step help

Read our full
Free Printed guide to first-time mortgages

Step-by-step help

Read our full
Free Printed guide to Remortgaging

£
Equity:

Equity

This is the amount you own outright (that you've not borrowed).


£ 17,000
Deposit:

Deposit

This is the amount of cash you stump up yourself towards a purchase.


£ 17,000
Loan-to Value (LTV):

LTV

LTV stands for loan-to-value ratio which is the percentage of the property value you are borrowing. If you put down a £20,000 deposit on a £100,000 home, you need to borrow £80,000 which is 80% of the value, making it 80% LTV.

The LTV is important as it determines which mortgages you can apply for. The lower the LTV, the cheaper the deal, as the lender is taking less of a risk that it will be short changed if it ends up repossessing and selling your home.

Generally speaking, you need a max 75% LTV to get a decent rate and max 60% for the best rates. Interestingly, if you are close to a threshold, eg, 76%, check how much cheaper products are if you reduce the LTV to 75% by scrambling together some cash.


90%

You have selected to pay back your mortgage in under 4 years, if you meant to search for an initial deal length instead of the mortgage length, please use the filters
The days of buying a home with less than a 5% deposit are long gone so you'll need to find a bigger deposit or consider a lower priced property.
There are sometimes a very limited range of remortgage products that offer more than 95% but please do check carefully with a broker or the lender what conditions are attached before applying.
The smallest mortgage on the market is £10,000. Please correct if this is a typo.
Filters
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Products:
Filter Bank:

Filter by bank

See only deals from your chosen bank(s).

All banks
Filter Building Society:

Filter by building society

See only deals from your chosen building society or societies.

All building societies
Initial Deal length:

Initial Deal length

The shorter the initial deal, the lower the rate usually is. However, a longer deal may actually be better value.

Use the filters to look at the top rates for the different lengths that could work for you. Just remember that leaving a product (or overpaying more than your lender allows) during the initial deal would usually incur an early repayment charge.

Early Repayment Charges:

Early Repayment Charges

An early repayment charge is a penalty for repaying the mortgage, or overpaying more than is allowed by the lender, during an initial tie-in period. This tie-in period is usually the length of the initial interest rate deal, eg, 2 year fixed or 5 year tracker.

There are many deals that do not have an early repayment charge but they tend to be slightly more expensive for this extra flexibility. Selecting this filter will significantly reduce the number and type of deals available.


Data provided by MortgageBrain

Top mortgages for £150,000 on a property valued at £167,000

Lender
Initial Rate &
Go-to Rate

Initial Rate

You normally start on an introductory rate of 2,3,5 or 10 years and move to another rate when it ends. The latter is usually (not always) the lender's Standard Variable Rate and tends to be less attractive, but you are usually free to switch lender at this point without an early repayment charge.

Set-up Fees

Set-up Fees

These are unavoidable fees the lender charges to actually get your hands on its cash. These days the fee can be as important as the rate when it comes to the overall value of the deal.

Be warned, there may be other fees you need to pay such as a solicitor fees, valuation fee, stamp duty and more. For a full explanation of all potential fees, see our Set-up Fees guide .

Set-up Fees

This lender doesn't provide us with details of all its fees, so we're unable to calculate this value. To check this, you'll need to contact the lender directly.

Monthly payment

Monthly Cost

This is the standard monthly repayment you’ll pay during the initial deal.

It doesn’t show the first mortgage repayment, which is often higher as you pay some interest for the month you get the mortgage, as well as for the upcoming month.

MSE
Total cost Assessment

MSE Total Cost Assessment

Comparing mortgages is tricky. You should never assume the deal with the lowest rate or monthly payments is the cheapest. Many lenders make their expensive deals look cheap by offering temptingly low rates but add on massive fees. The trick is getting the right combination of interest rate and fees for your loan size to get the cheapest deal.

That's why we've calculated the Total Cost for you. It shows you which deal is really the cheapest overall, taking interest and fees into account.

How is it calculated?

  • Add up all the fees and deduct any cashback = TOTAL FEES
  • Divide your total fees by the length of the initial deal = TOTAL FEES PER MONTH
  • Add the total fees per month and your monthly payments and multiply by 12 months = TOTAL COST FOR 1 YEAR

It's only based on the introductory deal as most people switch mortgages when this ends. It works best when comparing deals of the same length as you are comparing apples with apples. If you use it to compare different length deals, just remember that a £1,000 fee spread over a two-year deal increases the Total Cost more than a £1,000 fee spread over a five-year deal.

Similarly, if your results show a ‘lifetime’ deal with no initial deal, we divide the fees over the mortgage term you entered for the search. If you only plan to keep the lifetime deal a few years, then you’ll need to manually divide the fees over a shorter time period.

Digital Mortgages by Atom Bank Digital Mortgages by Atom Bank: Fixed till 31-01-20
Digital Mortgages by Atom Bank
Rate 1.79%

The shorter the initial deal, the lower the rate usually is but longer deals may be more suitable, say, where they offer long-term guaranteed rates to help you budget.

Use the filters to look at the top rates for the different lengths that could work for you.

For 26 months, then SVR for 22 years and 10 months currently 3.75%
Set-up Fees: £910
Monthly Payment £620 For 26 months Then £758 for 22 years and 10 months
MSE Total Cost £7,860
1. Calculate Total Fees
First calculate the total fees
(£0 + £900 + £0 + £10) = £910
2. Fees divided by length of initial deal
Divide the total upfront fees by the length of the initial fixed/discount deal in years
£910 over 26 months = £420 per year
3. Repayments per year
Work out the total repayment per year (monthly repayment x 12)
£620 x 12 = £7,440
4. MSE Total Cost Assessment (per year of initial deal)
Add the total repayment per year to the fees per year
£7,440 + £420 = £7,860
NB: All amounts are rounded. If you selected a lifetime product, with no initial deal, we divide the fees over the term you entered.
for year 1
This product is only available via a broker How to apply
SET-UP FEES BREAKDOWN

Application Fee

Upfront fee paid on application to book the rate for you. Often not refundable if mortgage doesn't go ahead.

Product Fee

Fee to lender for setting up mortgage. If you pay upfront and mortgage doesn't go ahead you might lose it. Usually able to add it to loan to avoid this but overpay (if your lender allows) once the mortgage is set up to avoid paying interest on it.

Application Fee:£0

Product Fee:£900

Valuation fee:£0

Other Fees: £10

Cashback:£0

FLEXIBILITY

Overpayments

This is a payment in addition to normal monthly payments. This is usually restricted by lender and carries heavy penalties if you breach the limit.

Early repayment charge

The penalty the lender can charge you if you exceed the overpayment limit or if you pay the mortgage off too early. Usually a percentage of the overpayment, it can be a flat rate or tiered with a bigger penalty the earlier in the mortgage term you incur it.

Overpayments allowed?
Yes

Early repayment charge:
3% until 31-01-19, 2% until 31-01-20

OTHER PRODUCT INFO

Cashback on completion

A lump sum from the lender when the mortgage has started. It is usually sent to your solicitor who will send to you. Beware, if you repay the mortgage when an early repayment charge still applies, you may need to repay the cashback as well.

Free Valuation

The lender requires a valuation of the property to be conducted by a provider on its panel.

Free legals

You need to do legal work to buy a home, some lenders provide this for free.

Maximum LTV

LTV = Loan-to-Value ratio which is the loan described as a % of the property price/value (whichever is lowest). Each product will have a maximum % of the property price/value you can borrow. Beware that your affordability assessment may prevent you from being able to borrow this maximum LTV.

Exit fee:£0

Maximum LTV90%

Minimum Loan£25,000

Maximum Loan£450,000

The total amount payable is £224,672 and the overall cost for comparison is 3.5% APRC. What does this mean?

APRC - What does this mean?

The APRC (previously known as APR until recent regulatory changes) is the official cost for comparison. It's calculated using the average cost per year, including fees associated with the mortgage. But, it assumes you keep the mortgage for the entire term rather than just the initial deal period, and that the interest rate charged never changes.

Most people will never actually pay this rate, as they'll switch deals several times before their mortgage is paid off. For further reading see Martin's why mortgage APR's are meaningless blog.

Yorkshire Building Society Yorkshire Building Society: DIRECT Fixed till 29-02-20
Yorkshire Building Society
Rate 1.89%

The shorter the initial deal, the lower the rate usually is but longer deals may be more suitable, say, where they offer long-term guaranteed rates to help you budget.

Use the filters to look at the top rates for the different lengths that could work for you.

For 27 months, then SVR for 22 years and 9 months currently 4.74%
Set-up Fees: £1,200 Cashback: Up to £250
Monthly Payment £627 For 27 months Then £833 for 22 years and 9 months
MSE Total Cost £7,950
1. Calculate Total Fees
First calculate the total fees (minus any cashback)
(£0 + £995 + £205 + £0) - £250 cashback = £950
2. Fees divided by length of initial deal
Divide the total upfront fees by the length of the initial fixed/discount deal in years
£950 over 27 months = £422 per year
3. Repayments per year
Work out the total repayment per year (monthly repayment x 12)
£627 x 12 = £7,524
4. MSE Total Cost Assessment (per year of initial deal)
Add the total repayment per year to the fees per year
£7,524 + £422 = £7,950
NB: All amounts are rounded. If you selected a lifetime product, with no initial deal, we divide the fees over the term you entered.
for year 1
This product is only available from Yorkshire Building Society How to apply
SET-UP FEES BREAKDOWN

Application Fee

Upfront fee paid on application to book the rate for you. Often not refundable if mortgage doesn't go ahead.

Product Fee

Fee to lender for setting up mortgage. If you pay upfront and mortgage doesn't go ahead you might lose it. Usually able to add it to loan to avoid this but overpay (if your lender allows) once the mortgage is set up to avoid paying interest on it.

Application Fee:£0

Product Fee:£995

Valuation fee:£205

Other Fees: £0

Cashback:Up to £250

See exact cashback eligibility criteria on the lender's site

FLEXIBILITY

Overpayments

This is a payment in addition to normal monthly payments. This is usually restricted by lender and carries heavy penalties if you breach the limit.

Early repayment charge

The penalty the lender can charge you if you exceed the overpayment limit or if you pay the mortgage off too early. Usually a percentage of the overpayment, it can be a flat rate or tiered with a bigger penalty the earlier in the mortgage term you incur it.

Overpayments allowed?
Yes

Early repayment charge:
£90, plus (2% until 28-02-19, 1% until 29-02-20)

OTHER PRODUCT INFO

Cashback on completion

A lump sum from the lender when the mortgage has started. It is usually sent to your solicitor who will send to you. Beware, if you repay the mortgage when an early repayment charge still applies, you may need to repay the cashback as well.

Free Valuation

The lender requires a valuation of the property to be conducted by a provider on its panel.

Free legals

You need to do legal work to buy a home, some lenders provide this for free.

Maximum LTV

LTV = Loan-to-Value ratio which is the loan described as a % of the property price/value (whichever is lowest). Each product will have a maximum % of the property price/value you can borrow. Beware that your affordability assessment may prevent you from being able to borrow this maximum LTV.

Exit fee:£90

Maximum LTV90%

Minimum Loan£50,000

Maximum Loan£500,000

The total amount payable is £245,496 and the overall cost for comparison is 4.3% APRC. What does this mean?

APRC - What does this mean?

The APRC (previously known as APR until recent regulatory changes) is the official cost for comparison. It's calculated using the average cost per year, including fees associated with the mortgage. But, it assumes you keep the mortgage for the entire term rather than just the initial deal period, and that the interest rate charged never changes.

Most people will never actually pay this rate, as they'll switch deals several times before their mortgage is paid off. For further reading see Martin's why mortgage APR's are meaningless blog.

Nottingham Nottingham : Fixed till 01-01-20
Nottingham
Rate 1.90%

The shorter the initial deal, the lower the rate usually is but longer deals may be more suitable, say, where they offer long-term guaranteed rates to help you budget.

Use the filters to look at the top rates for the different lengths that could work for you.

For 25 months, then SVR for 22 years and 11 months currently 5.49%
Set-up Fees: £999
Monthly Payment £628 For 25 months Then £895 for 22 years and 11 months
MSE Total Cost £8,020
1. Calculate Total Fees
First calculate the total fees
(£199 + £800 + £0 + £0) = £999
2. Fees divided by length of initial deal
Divide the total upfront fees by the length of the initial fixed/discount deal in years
£999 over 25 months = £480 per year
3. Repayments per year
Work out the total repayment per year (monthly repayment x 12)
£628 x 12 = £7,536
4. MSE Total Cost Assessment (per year of initial deal)
Add the total repayment per year to the fees per year
£7,536 + £480 = £8,020
NB: All amounts are rounded. If you selected a lifetime product, with no initial deal, we divide the fees over the term you entered.
for year 1
This product is available directly from Nottingham or via a broker How to apply
SET-UP FEES BREAKDOWN

Application Fee

Upfront fee paid on application to book the rate for you. Often not refundable if mortgage doesn't go ahead.

Product Fee

Fee to lender for setting up mortgage. If you pay upfront and mortgage doesn't go ahead you might lose it. Usually able to add it to loan to avoid this but overpay (if your lender allows) once the mortgage is set up to avoid paying interest on it.

Application Fee:£199

Product Fee:£800

Valuation fee:£0

Other Fees: £0

Cashback:£0

FLEXIBILITY

Overpayments

This is a payment in addition to normal monthly payments. This is usually restricted by lender and carries heavy penalties if you breach the limit.

Early repayment charge

The penalty the lender can charge you if you exceed the overpayment limit or if you pay the mortgage off too early. Usually a percentage of the overpayment, it can be a flat rate or tiered with a bigger penalty the earlier in the mortgage term you incur it.

Overpayments allowed?
Yes

Early repayment charge:
£140, plus (6 months Interest until 01-01-20). Interest at 1.9%

OTHER PRODUCT INFO

Cashback on completion

A lump sum from the lender when the mortgage has started. It is usually sent to your solicitor who will send to you. Beware, if you repay the mortgage when an early repayment charge still applies, you may need to repay the cashback as well.

Free Valuation

The lender requires a valuation of the property to be conducted by a provider on its panel.

Free legals

You need to do legal work to buy a home, some lenders provide this for free.

Maximum LTV

LTV = Loan-to-Value ratio which is the loan described as a % of the property price/value (whichever is lowest). Each product will have a maximum % of the property price/value you can borrow. Beware that your affordability assessment may prevent you from being able to borrow this maximum LTV.

Exit fee:£140

Maximum LTV90%

Minimum Loan£30,000

Maximum Loan£500,000

The total amount payable is £262,987 and the overall cost for comparison is 5% APRC. What does this mean?

APRC - What does this mean?

The APRC (previously known as APR until recent regulatory changes) is the official cost for comparison. It's calculated using the average cost per year, including fees associated with the mortgage. But, it assumes you keep the mortgage for the entire term rather than just the initial deal period, and that the interest rate charged never changes.

Most people will never actually pay this rate, as they'll switch deals several times before their mortgage is paid off. For further reading see Martin's why mortgage APR's are meaningless blog.

HSBC HSBC: DIRECT Premier + Adv Fixed till 28-02-20
HSBC
Rate 1.94%

The shorter the initial deal, the lower the rate usually is but longer deals may be more suitable, say, where they offer long-term guaranteed rates to help you budget.

Use the filters to look at the top rates for the different lengths that could work for you.

For 27 months, then SVR for 22 years and 9 months currently 3.69%
Set-up Fees: £779
Monthly Payment £631 For 27 months Then £754 for 22 years and 9 months
MSE Total Cost £7,920
1. Calculate Total Fees
First calculate the total fees
(£650 + £99 + £0 + £30) = £779
2. Fees divided by length of initial deal
Divide the total upfront fees by the length of the initial fixed/discount deal in years
£779 over 27 months = £346 per year
3. Repayments per year
Work out the total repayment per year (monthly repayment x 12)
£631 x 12 = £7,572
4. MSE Total Cost Assessment (per year of initial deal)
Add the total repayment per year to the fees per year
£7,572 + £346 = £7,920
NB: All amounts are rounded. If you selected a lifetime product, with no initial deal, we divide the fees over the term you entered.
for year 1
This product is only available from HSBC How to apply
SET-UP FEES BREAKDOWN

Application Fee

Upfront fee paid on application to book the rate for you. Often not refundable if mortgage doesn't go ahead.

Product Fee

Fee to lender for setting up mortgage. If you pay upfront and mortgage doesn't go ahead you might lose it. Usually able to add it to loan to avoid this but overpay (if your lender allows) once the mortgage is set up to avoid paying interest on it.

Application Fee:£650

Product Fee:£99

Valuation fee:£0

Other Fees: £30

Cashback:£0

FLEXIBILITY

Overpayments

This is a payment in addition to normal monthly payments. This is usually restricted by lender and carries heavy penalties if you breach the limit.

Early repayment charge

The penalty the lender can charge you if you exceed the overpayment limit or if you pay the mortgage off too early. Usually a percentage of the overpayment, it can be a flat rate or tiered with a bigger penalty the earlier in the mortgage term you incur it.

Overpayments allowed?
Yes

Early repayment charge:
2% until 28-02-19, 1% until 28-02-20

OTHER PRODUCT INFO

Cashback on completion

A lump sum from the lender when the mortgage has started. It is usually sent to your solicitor who will send to you. Beware, if you repay the mortgage when an early repayment charge still applies, you may need to repay the cashback as well.

Free Valuation

The lender requires a valuation of the property to be conducted by a provider on its panel.

Free legals

You need to do legal work to buy a home, some lenders provide this for free.

Maximum LTV

LTV = Loan-to-Value ratio which is the loan described as a % of the property price/value (whichever is lowest). Each product will have a maximum % of the property price/value you can borrow. Beware that your affordability assessment may prevent you from being able to borrow this maximum LTV.

Exit fee:£0

Maximum LTV90%

Minimum Loan£10,000

Maximum Loan£400,000

The total amount payable is £223,645 and the overall cost for comparison is 3.4% APRC. What does this mean?

APRC - What does this mean?

The APRC (previously known as APR until recent regulatory changes) is the official cost for comparison. It's calculated using the average cost per year, including fees associated with the mortgage. But, it assumes you keep the mortgage for the entire term rather than just the initial deal period, and that the interest rate charged never changes.

Most people will never actually pay this rate, as they'll switch deals several times before their mortgage is paid off. For further reading see Martin's why mortgage APR's are meaningless blog.

HSBC HSBC: DIRECT Standard Fixed till 28-02-20
HSBC
Rate 1.94%

The shorter the initial deal, the lower the rate usually is but longer deals may be more suitable, say, where they offer long-term guaranteed rates to help you budget.

Use the filters to look at the top rates for the different lengths that could work for you.

For 27 months, then SVR for 22 years and 9 months currently 3.69%
Set-up Fees: £1,029
Monthly Payment £631 For 27 months Then £754 for 22 years and 9 months
MSE Total Cost £8,030
1. Calculate Total Fees
First calculate the total fees
(£900 + £99 + £0 + £30) = £1,029
2. Fees divided by length of initial deal
Divide the total upfront fees by the length of the initial fixed/discount deal in years
£1,029 over 27 months = £457 per year
3. Repayments per year
Work out the total repayment per year (monthly repayment x 12)
£631 x 12 = £7,572
4. MSE Total Cost Assessment (per year of initial deal)
Add the total repayment per year to the fees per year
£7,572 + £457 = £8,030
NB: All amounts are rounded. If you selected a lifetime product, with no initial deal, we divide the fees over the term you entered.
for year 1
This product is only available from HSBC How to apply
SET-UP FEES BREAKDOWN

Application Fee

Upfront fee paid on application to book the rate for you. Often not refundable if mortgage doesn't go ahead.

Product Fee

Fee to lender for setting up mortgage. If you pay upfront and mortgage doesn't go ahead you might lose it. Usually able to add it to loan to avoid this but overpay (if your lender allows) once the mortgage is set up to avoid paying interest on it.

Application Fee:£900

Product Fee:£99

Valuation fee:£0

Other Fees: £30

Cashback:£0

FLEXIBILITY

Overpayments

This is a payment in addition to normal monthly payments. This is usually restricted by lender and carries heavy penalties if you breach the limit.

Early repayment charge

The penalty the lender can charge you if you exceed the overpayment limit or if you pay the mortgage off too early. Usually a percentage of the overpayment, it can be a flat rate or tiered with a bigger penalty the earlier in the mortgage term you incur it.

Overpayments allowed?
Yes

Early repayment charge:
2% until 28-02-19, 1% until 28-02-20

OTHER PRODUCT INFO

Cashback on completion

A lump sum from the lender when the mortgage has started. It is usually sent to your solicitor who will send to you. Beware, if you repay the mortgage when an early repayment charge still applies, you may need to repay the cashback as well.

Free Valuation

The lender requires a valuation of the property to be conducted by a provider on its panel.

Free legals

You need to do legal work to buy a home, some lenders provide this for free.

Maximum LTV

LTV = Loan-to-Value ratio which is the loan described as a % of the property price/value (whichever is lowest). Each product will have a maximum % of the property price/value you can borrow. Beware that your affordability assessment may prevent you from being able to borrow this maximum LTV.

Exit fee:£0

Maximum LTV90%

Minimum Loan£10,000

Maximum Loan£400,000

The total amount payable is £223,895 and the overall cost for comparison is 3.5% APRC. What does this mean?

APRC - What does this mean?

The APRC (previously known as APR until recent regulatory changes) is the official cost for comparison. It's calculated using the average cost per year, including fees associated with the mortgage. But, it assumes you keep the mortgage for the entire term rather than just the initial deal period, and that the interest rate charged never changes.

Most people will never actually pay this rate, as they'll switch deals several times before their mortgage is paid off. For further reading see Martin's why mortgage APR's are meaningless blog.

Clydesdale Bank Clydesdale Bank: DIRECT Fixed till 31-01-20
Clydesdale Bank
Rate 1.94%

The shorter the initial deal, the lower the rate usually is but longer deals may be more suitable, say, where they offer long-term guaranteed rates to help you budget.

Use the filters to look at the top rates for the different lengths that could work for you.

For 26 months, then SVR for 22 years and 10 months currently 4.70%
Set-up Fees: £1,039
Monthly Payment £631 For 26 months Then £831 for 22 years and 10 months
MSE Total Cost £8,050
1. Calculate Total Fees
First calculate the total fees
(£0 + £999 + £0 + £40) = £1,039
2. Fees divided by length of initial deal
Divide the total upfront fees by the length of the initial fixed/discount deal in years
£1,039 over 26 months = £480 per year
3. Repayments per year
Work out the total repayment per year (monthly repayment x 12)
£631 x 12 = £7,572
4. MSE Total Cost Assessment (per year of initial deal)
Add the total repayment per year to the fees per year
£7,572 + £480 = £8,050
NB: All amounts are rounded. If you selected a lifetime product, with no initial deal, we divide the fees over the term you entered.
for year 1
This product is only available from Clydesdale Bank How to apply
SET-UP FEES BREAKDOWN

Application Fee

Upfront fee paid on application to book the rate for you. Often not refundable if mortgage doesn't go ahead.

Product Fee

Fee to lender for setting up mortgage. If you pay upfront and mortgage doesn't go ahead you might lose it. Usually able to add it to loan to avoid this but overpay (if your lender allows) once the mortgage is set up to avoid paying interest on it.

Application Fee:£0

Product Fee:£999

Valuation fee:£0

Other Fees: £40

Cashback:£0

FLEXIBILITY

Overpayments

This is a payment in addition to normal monthly payments. This is usually restricted by lender and carries heavy penalties if you breach the limit.

Early repayment charge

The penalty the lender can charge you if you exceed the overpayment limit or if you pay the mortgage off too early. Usually a percentage of the overpayment, it can be a flat rate or tiered with a bigger penalty the earlier in the mortgage term you incur it.

Overpayments allowed?
Yes

Early repayment charge:
£195, plus (3% until 31-01-19, 2% until 31-01-20)

OTHER PRODUCT INFO

Cashback on completion

A lump sum from the lender when the mortgage has started. It is usually sent to your solicitor who will send to you. Beware, if you repay the mortgage when an early repayment charge still applies, you may need to repay the cashback as well.

Free Valuation

The lender requires a valuation of the property to be conducted by a provider on its panel.

Free legals

You need to do legal work to buy a home, some lenders provide this for free.

Maximum LTV

LTV = Loan-to-Value ratio which is the loan described as a % of the property price/value (whichever is lowest). Each product will have a maximum % of the property price/value you can borrow. Beware that your affordability assessment may prevent you from being able to borrow this maximum LTV.

Exit fee:£195

Maximum LTV90%

Minimum Loan£150,000

Maximum Loan£500,000

The total amount payable is £245,439 and the overall cost for comparison is 4.3% APRC. What does this mean?

APRC - What does this mean?

The APRC (previously known as APR until recent regulatory changes) is the official cost for comparison. It's calculated using the average cost per year, including fees associated with the mortgage. But, it assumes you keep the mortgage for the entire term rather than just the initial deal period, and that the interest rate charged never changes.

Most people will never actually pay this rate, as they'll switch deals several times before their mortgage is paid off. For further reading see Martin's why mortgage APR's are meaningless blog.

Yorkshire Bank Yorkshire Bank: DIRECT Fixed till 31-01-20
Yorkshire Bank
Rate 1.94%

The shorter the initial deal, the lower the rate usually is but longer deals may be more suitable, say, where they offer long-term guaranteed rates to help you budget.

Use the filters to look at the top rates for the different lengths that could work for you.

For 26 months, then SVR for 22 years and 10 months currently 4.70%
Set-up Fees: £1,039
Monthly Payment £631 For 26 months Then £831 for 22 years and 10 months
MSE Total Cost £8,050
1. Calculate Total Fees
First calculate the total fees
(£0 + £999 + £0 + £40) = £1,039
2. Fees divided by length of initial deal
Divide the total upfront fees by the length of the initial fixed/discount deal in years
£1,039 over 26 months = £480 per year
3. Repayments per year
Work out the total repayment per year (monthly repayment x 12)
£631 x 12 = £7,572
4. MSE Total Cost Assessment (per year of initial deal)
Add the total repayment per year to the fees per year
£7,572 + £480 = £8,050
NB: All amounts are rounded. If you selected a lifetime product, with no initial deal, we divide the fees over the term you entered.
for year 1
This product is only available from Yorkshire Bank How to apply
SET-UP FEES BREAKDOWN

Application Fee

Upfront fee paid on application to book the rate for you. Often not refundable if mortgage doesn't go ahead.

Product Fee

Fee to lender for setting up mortgage. If you pay upfront and mortgage doesn't go ahead you might lose it. Usually able to add it to loan to avoid this but overpay (if your lender allows) once the mortgage is set up to avoid paying interest on it.

Application Fee:£0

Product Fee:£999

Valuation fee:£0

Other Fees: £40

Cashback:£0

FLEXIBILITY

Overpayments

This is a payment in addition to normal monthly payments. This is usually restricted by lender and carries heavy penalties if you breach the limit.

Early repayment charge

The penalty the lender can charge you if you exceed the overpayment limit or if you pay the mortgage off too early. Usually a percentage of the overpayment, it can be a flat rate or tiered with a bigger penalty the earlier in the mortgage term you incur it.

Overpayments allowed?
Yes

Early repayment charge:
£195, plus (3% until 31-01-19, 2% until 31-01-20)

OTHER PRODUCT INFO

Cashback on completion

A lump sum from the lender when the mortgage has started. It is usually sent to your solicitor who will send to you. Beware, if you repay the mortgage when an early repayment charge still applies, you may need to repay the cashback as well.

Free Valuation

The lender requires a valuation of the property to be conducted by a provider on its panel.

Free legals

You need to do legal work to buy a home, some lenders provide this for free.

Maximum LTV

LTV = Loan-to-Value ratio which is the loan described as a % of the property price/value (whichever is lowest). Each product will have a maximum % of the property price/value you can borrow. Beware that your affordability assessment may prevent you from being able to borrow this maximum LTV.

Exit fee:£195

Maximum LTV90%

Minimum Loan£150,000

Maximum Loan£500,000

The total amount payable is £245,439 and the overall cost for comparison is 4.3% APRC. What does this mean?

APRC - What does this mean?

The APRC (previously known as APR until recent regulatory changes) is the official cost for comparison. It's calculated using the average cost per year, including fees associated with the mortgage. But, it assumes you keep the mortgage for the entire term rather than just the initial deal period, and that the interest rate charged never changes.

Most people will never actually pay this rate, as they'll switch deals several times before their mortgage is paid off. For further reading see Martin's why mortgage APR's are meaningless blog.

Co-operative Bank Co-operative Bank: DIRECT Current Acc Fixed till 29-02-20
Co-operative Bank
Rate 1.94%

The shorter the initial deal, the lower the rate usually is but longer deals may be more suitable, say, where they offer long-term guaranteed rates to help you budget.

Use the filters to look at the top rates for the different lengths that could work for you.

For 27 months, then SVR for 22 years and 9 months currently 4.74%
Set-up Fees: £1,679 Cashback: Up to £250
Monthly Payment £631 For 27 months Then £834 for 22 years and 9 months
MSE Total Cost £8,210
1. Calculate Total Fees
First calculate the total fees (minus any cashback)
(£150 + £1,499 + £0 + £30) - £250 cashback = £1,429
2. Fees divided by length of initial deal
Divide the total upfront fees by the length of the initial fixed/discount deal in years
£1,429 over 27 months = £635 per year
3. Repayments per year
Work out the total repayment per year (monthly repayment x 12)
£631 x 12 = £7,572
4. MSE Total Cost Assessment (per year of initial deal)
Add the total repayment per year to the fees per year
£7,572 + £635 = £8,210
NB: All amounts are rounded. If you selected a lifetime product, with no initial deal, we divide the fees over the term you entered.
for year 1
This product is only available from Co-operative Bank How to apply
SET-UP FEES BREAKDOWN

Application Fee

Upfront fee paid on application to book the rate for you. Often not refundable if mortgage doesn't go ahead.

Product Fee

Fee to lender for setting up mortgage. If you pay upfront and mortgage doesn't go ahead you might lose it. Usually able to add it to loan to avoid this but overpay (if your lender allows) once the mortgage is set up to avoid paying interest on it.

Application Fee:£150

Product Fee:£1,499

Valuation fee:£0

Other Fees: £30

Cashback:Up to £250

See exact cashback eligibility criteria on the lender's site

FLEXIBILITY

Overpayments

This is a payment in addition to normal monthly payments. This is usually restricted by lender and carries heavy penalties if you breach the limit.

Early repayment charge

The penalty the lender can charge you if you exceed the overpayment limit or if you pay the mortgage off too early. Usually a percentage of the overpayment, it can be a flat rate or tiered with a bigger penalty the earlier in the mortgage term you incur it.

Overpayments allowed?
No

Early repayment charge:
£89, plus (2% until 28-02-19, 1% until 29-02-20)

OTHER PRODUCT INFO

Cashback on completion

A lump sum from the lender when the mortgage has started. It is usually sent to your solicitor who will send to you. Beware, if you repay the mortgage when an early repayment charge still applies, you may need to repay the cashback as well.

Free Valuation

The lender requires a valuation of the property to be conducted by a provider on its panel.

Free legals

You need to do legal work to buy a home, some lenders provide this for free.

Maximum LTV

LTV = Loan-to-Value ratio which is the loan described as a % of the property price/value (whichever is lowest). Each product will have a maximum % of the property price/value you can borrow. Beware that your affordability assessment may prevent you from being able to borrow this maximum LTV.

Exit fee:£89

Maximum LTV90%

Minimum Loan£25,000

Maximum Loan£315,000

The total amount payable is £246,178 and the overall cost for comparison is 4.4% APRC. What does this mean?

APRC - What does this mean?

The APRC (previously known as APR until recent regulatory changes) is the official cost for comparison. It's calculated using the average cost per year, including fees associated with the mortgage. But, it assumes you keep the mortgage for the entire term rather than just the initial deal period, and that the interest rate charged never changes.

Most people will never actually pay this rate, as they'll switch deals several times before their mortgage is paid off. For further reading see Martin's why mortgage APR's are meaningless blog.

Co-operative Bank Co-operative Bank: DIRECT Fixed till 29-02-20
Co-operative Bank
Rate 1.94%

The shorter the initial deal, the lower the rate usually is but longer deals may be more suitable, say, where they offer long-term guaranteed rates to help you budget.

Use the filters to look at the top rates for the different lengths that could work for you.

For 27 months, then SVR for 22 years and 9 months currently 4.74%
Set-up Fees: £1,679
Monthly Payment £631 For 27 months Then £834 for 22 years and 9 months
MSE Total Cost £8,320
1. Calculate Total Fees
First calculate the total fees
(£150 + £1,499 + £0 + £30) = £1,679
2. Fees divided by length of initial deal
Divide the total upfront fees by the length of the initial fixed/discount deal in years
£1,679 over 27 months = £746 per year
3. Repayments per year
Work out the total repayment per year (monthly repayment x 12)
£631 x 12 = £7,572
4. MSE Total Cost Assessment (per year of initial deal)
Add the total repayment per year to the fees per year
£7,572 + £746 = £8,320
NB: All amounts are rounded. If you selected a lifetime product, with no initial deal, we divide the fees over the term you entered.
for year 1
This product is only available from Co-operative Bank How to apply
SET-UP FEES BREAKDOWN

Application Fee

Upfront fee paid on application to book the rate for you. Often not refundable if mortgage doesn't go ahead.

Product Fee

Fee to lender for setting up mortgage. If you pay upfront and mortgage doesn't go ahead you might lose it. Usually able to add it to loan to avoid this but overpay (if your lender allows) once the mortgage is set up to avoid paying interest on it.

Application Fee:£150

Product Fee:£1,499

Valuation fee:£0

Other Fees: £30

Cashback:£0

FLEXIBILITY

Overpayments

This is a payment in addition to normal monthly payments. This is usually restricted by lender and carries heavy penalties if you breach the limit.

Early repayment charge

The penalty the lender can charge you if you exceed the overpayment limit or if you pay the mortgage off too early. Usually a percentage of the overpayment, it can be a flat rate or tiered with a bigger penalty the earlier in the mortgage term you incur it.

Overpayments allowed?
No

Early repayment charge:
£89, plus (2% until 28-02-19, 1% until 29-02-20)

OTHER PRODUCT INFO

Cashback on completion

A lump sum from the lender when the mortgage has started. It is usually sent to your solicitor who will send to you. Beware, if you repay the mortgage when an early repayment charge still applies, you may need to repay the cashback as well.

Free Valuation

The lender requires a valuation of the property to be conducted by a provider on its panel.

Free legals

You need to do legal work to buy a home, some lenders provide this for free.

Maximum LTV

LTV = Loan-to-Value ratio which is the loan described as a % of the property price/value (whichever is lowest). Each product will have a maximum % of the property price/value you can borrow. Beware that your affordability assessment may prevent you from being able to borrow this maximum LTV.

Exit fee:£89

Maximum LTV90%

Minimum Loan£25,000

Maximum Loan£315,000

The total amount payable is £246,428 and the overall cost for comparison is 4.4% APRC. What does this mean?

APRC - What does this mean?

The APRC (previously known as APR until recent regulatory changes) is the official cost for comparison. It's calculated using the average cost per year, including fees associated with the mortgage. But, it assumes you keep the mortgage for the entire term rather than just the initial deal period, and that the interest rate charged never changes.

Most people will never actually pay this rate, as they'll switch deals several times before their mortgage is paid off. For further reading see Martin's why mortgage APR's are meaningless blog.

Chelsea Building Society Chelsea Building Society: DIRECT Fixed till 29-02-20
Chelsea Building Society
Rate 1.97%

The shorter the initial deal, the lower the rate usually is but longer deals may be more suitable, say, where they offer long-term guaranteed rates to help you budget.

Use the filters to look at the top rates for the different lengths that could work for you.

For 27 months, then SVR for 22 years and 9 months currently 4.74%
Set-up Fees: £1,900
Monthly Payment £633 For 27 months Then £834 for 22 years and 9 months
MSE Total Cost £8,440
1. Calculate Total Fees
First calculate the total fees
(£0 + £1,695 + £205 + £0) = £1,900
2. Fees divided by length of initial deal
Divide the total upfront fees by the length of the initial fixed/discount deal in years
£1,900 over 27 months = £844 per year
3. Repayments per year
Work out the total repayment per year (monthly repayment x 12)
£633 x 12 = £7,596
4. MSE Total Cost Assessment (per year of initial deal)
Add the total repayment per year to the fees per year
£7,596 + £844 = £8,440
NB: All amounts are rounded. If you selected a lifetime product, with no initial deal, we divide the fees over the term you entered.
for year 1
This product is only available from Chelsea Building Society How to apply
SET-UP FEES BREAKDOWN

Application Fee

Upfront fee paid on application to book the rate for you. Often not refundable if mortgage doesn't go ahead.

Product Fee

Fee to lender for setting up mortgage. If you pay upfront and mortgage doesn't go ahead you might lose it. Usually able to add it to loan to avoid this but overpay (if your lender allows) once the mortgage is set up to avoid paying interest on it.

Application Fee:£0

Product Fee:£1,695

Valuation fee:£205

Other Fees: £0

Cashback:£0

FLEXIBILITY

Overpayments

This is a payment in addition to normal monthly payments. This is usually restricted by lender and carries heavy penalties if you breach the limit.

Early repayment charge

The penalty the lender can charge you if you exceed the overpayment limit or if you pay the mortgage off too early. Usually a percentage of the overpayment, it can be a flat rate or tiered with a bigger penalty the earlier in the mortgage term you incur it.

Overpayments allowed?
Yes

Early repayment charge:
£90, plus (2% until 28-02-19, 1% until 29-02-20)

OTHER PRODUCT INFO

Cashback on completion

A lump sum from the lender when the mortgage has started. It is usually sent to your solicitor who will send to you. Beware, if you repay the mortgage when an early repayment charge still applies, you may need to repay the cashback as well.

Free Valuation

The lender requires a valuation of the property to be conducted by a provider on its panel.

Free legals

You need to do legal work to buy a home, some lenders provide this for free.

Maximum LTV

LTV = Loan-to-Value ratio which is the loan described as a % of the property price/value (whichever is lowest). Each product will have a maximum % of the property price/value you can borrow. Beware that your affordability assessment may prevent you from being able to borrow this maximum LTV.

Exit fee:£90

Maximum LTV90%

Minimum Loan£50,000

Maximum Loan£500,000

The total amount payable is £246,774 and the overall cost for comparison is 4.4% APRC. What does this mean?

APRC - What does this mean?

The APRC (previously known as APR until recent regulatory changes) is the official cost for comparison. It's calculated using the average cost per year, including fees associated with the mortgage. But, it assumes you keep the mortgage for the entire term rather than just the initial deal period, and that the interest rate charged never changes.

Most people will never actually pay this rate, as they'll switch deals several times before their mortgage is paid off. For further reading see Martin's why mortgage APR's are meaningless blog.

And remember, as the old phrase goes... Your home may be repossessed if you do not keep up repayments on your mortgage.

The actual rate available will depend upon your circumstances. Ask for a personalised illustration.

Calculations are rounded to the nearest £10

Mortgage data is provided by MortgageBrain, which primarily provide data and technology solutions to mortgage brokers.

The total amount payable is £246,774 and the overall cost for comparison is 4.4% APRC. What does this mean?

APRC - What does this mean?

The APRC (previously known as APR until recent regulatory changes) is the official cost for comparison. It's calculated using the average cost per year, including fees associated with the mortgage. But, it assumes you keep the mortgage for the entire term rather than just the initial deal period, and that the interest rate charged never changes.

Most people will never actually pay this rate, as they'll switch deals several times before their mortgage is paid off. For further reading see Martin's why mortgage APR's are meaningless blog.

Estimated Valuation

Most lenders will charge a valuation fee when you're buying your property. However, we're unable to get the actual cost of the valuation fee for this lender. Instead, we've provided an estimated cost based on your property value. See key information for the estimated value.

You have selected to pay your mortgage in under 4 years. Remember, this is the total length of the mortgage we're asking, which most people pay off in 25 years, not the length of your initial deal, eg, 2-year fix.