As we step into 2025, the mortgage market is showing early signs of stability after a period of volatility in 2024. While the Bank of England’s base rate remains a pivotal factor, mortgage rates are influenced by a mix of swap rates, lender competition, and borrower demand. January 2025 has brought a cautious optimism to the market, with some fixed-rate mortgage deals slightly easing, reflecting a more stable outlook on inflation and interest rate movements.
First Time Buyers Fixed Rates
| Lender | Rate | LTV | Rate Type |
| Nationwide | 5.49% | 95% | 2-year fixed |
| Coventry | 4.99% | 90% | 2-year fixed |
| HSBC | 5.14% | 95% | 5-year fixed |
| HSBC | 4.69% | 90% | 5-year fixed |
Remortgage Fixed Rates
| Lender | Rate | LTV | Rate Type |
| Principality | 4.36% | 75% | 2-year fixed |
| Halifax | 4.22% | 60% | 2-year fixed |
| Nationwide | 4.24% | 75% | 5-year fixed |
| NatWest | 4.08% | 60% | 5-year fixed |
| Nationwide | 4.69% | 75% | 10-year fixed |
Buy to Let Purchase Rates
| Lender | Rate | LTV | Rate Type |
| Santander | 4.40% | 75% | 5-year fixed |
| Kensington SPV | 4.89% | 75% | 5-year fixed |
PRODUCTS CORRECT AS OF 10.01.24
ALL MORTGAGE RATES ARE SUBJECT TO CREDIT STATUS, INCOME AND AFFORDABILITY.
ARRANGEMENT FEES AND EARLY REPAYMENT CHARGES MAY APPLY TO THESE PRODUCTS THESR ARE FOR ILLUSTRATIVE PURPOSES OF RATES. PLEASE CONTACT AN ADVISER FOR A RECOMMENDATION TO MEET YOUR CIRCUMSTANCES. ALL VIEWS IN MARKET COMMENTARY ARE THE PERSONAL OPINIONS OF THE AUTHOR.
YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
