5 Year Fixed Rate
Rate
5.85%
Max LTV
90%
Fees
£0
SVR
6.31%
APRC
6.3%
A fixed interest rate mortgage helps to make budgeting easier, as your monthly repayments stay the same each month during the fixed interest rate period.
So there's no sudden changes in how much you need to find to make your repayments even if interest rates rise or fall.
Summary information
| Product code | FIIX828 |
|---|---|
| Product description | 5 Year Fixed Rate |
| Interest rates | Initial rate of 5.85% until 31st March 2032 reverting to our Standard Variable Rate (currently 6.31%) from 1st April 2032. |
| Maturity date | 31 March 2032 |
| Maximum loan to value (LTV) | 90% |
| Loan amount | £50,000 - £750,000 |
| Daily interest calculation | Interest is calculated on the balance of your account at the end of each day. Interest is accrued daily and added to your account balance on the last day of every month. Every cleared payment that is made reduces the mortgage balance and interest is recalculated on the reduced balance. |
| Minimum term | 2 Years |
| Completion fee | £ 0 |
| Incentives |
£250 cashback 10% overpayments per annum Free standard valuation up to £550k |
| Early repayment charge (ERC) | 5% of balance outstanding until 31st March 2028. 4% of balance outstanding until 31st March 2029. 3% of balance outstanding until 31st March 2030. 2% of balance outstanding until 31st March 2031. 1% of balance outstanding until 31st March 2032. |
Terms and conditions
Please make sure you've read the terms and conditions before applying