Our weekly guide on Best Buy Mortgage Rates. You can check out our Guides, providing insight on Mortgages, Property, Protection, Money and Wealth
Inflation & Interest Rates Market Update
Inflation was reported to have rose by 3.2% in March down from 3.4% in February. Economists are now more cautious of interest rate cuts and it’s predicted the Bank of England (BoE) are more likely to reduce the base-rate towards the end of 2024. The impact on mortgage interest-rates is likely to remain flat, this can be seen as reassuring from the volatile market at the end of 2022 and early 2023 but perhaps not positive news for consumers expecting rate-cuts throughout this year.
First Time Buyers Fixed Rates
| Lender | Rate | LTV | Rate Type |
| Nationwide | 5.54% | 95% | 2-year fixed |
| Nationwide | 5.14% | 90% | 2-year fixed |
| Nationwide | 5.09% | 95% | 5-year fixed |
| HSBC | 4.65% | 90% | 5-year fixed |
Large Mortgage Loans Purchase Rates over £1m
| Lender | Rate | LTV | Rate Type |
| NatWest | 4.89% | 85% | 2-year fixed |
| Halifax | 4.65% | 75% | 2-year fixed |
| Halifax | 5.83% | 85% | 2-year tracker |
| Nationwide | 5.40% | 75% | 2-year tracker |
Remortgage Fixed Rates
| Lender | Rate | LTV | Rate Type |
| Santander | 4.75% | 75% | 2-year fixed |
| Santander | 4.65% | 60% | 2-year fixed |
| Leeds | 4.39% | 75% | 5-year fixed |
| NatWest | 4.28% | 60% | 5-year fixed |
| Nationwide | 4.78% | 75% | 10-year fixed |
Buy to Let Purchase Rates
| Lender | Rate | LTV | Rate Type |
| Santander | 4.44%, £1749 fee | 75% | 5-year fixed |
| TML (SPV / Ltd) | 5.31%, £6750 fee | 75% | 5-year fixed |
PRODUCTS CORRECT AS OF 19.04.24
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
