Mortgage rates
Tailored rates with firstmortgage.co.uk
Before you make a decision on your mortgage, it’s important to understand the different types of mortgage rates with which you can be confronted.
Essentially, there are seven main mortgage rates, each of which offers different benefits and different types of repayment plans. With First Mortgage, you’ll be able to scour the UK market for mortgage deals and mortgage rates from over 150 mortgage lenders.
Which mortgage rate suits you best?
When choosing a mortgage rate, it’s important to figure out what your main priorities are regarding repayment. For instance, if you’re keen to plan out your financial future with certainty for the next two to three years, a fixed rate mortgage will protect you from any hikes in the interest rates. Alternatively, a flexible mortgage rate lets you vary your monthly payments
so if you feel the financial belt tightening during one month, you’ll be able to reduce your monthly mortgage payments until your finances improve the month afterwards.
Other mortgage rates include tracker mortgages, discounted rate mortgage, capped mortgage rates, current account mortgage rates and offset mortgage rates.
Find out more about types of mortgage rates
Mortgage rates for first-time buyers
If you’re a first time buyer, you’ll also be able to find a range of special mortgage rates, including guarantor agreements or 100% no deposit mortgages - so you’ll find getting onto that property ladder one step easier with First Mortgage.
Mortgage and property reading:
Financial Services Authority | Financial Ombudsman Service | BBC Your Money | UK Government Consumer Information | Royal Institution of Chartered Surveyors | Council of Mortgage Lenders | Citizens Advice Bureau
Get quotes prepared fast and easy from our award winning brokers starting, with our smart online form. Quote request
- Our whole of market service provides an unbeatable choice of mortgage lender.
- We have negotiated many ‘Exclusive’ market leading deals for our clients only.
- Your own dedicated mortgage advisor manages your application from start to finish.
- We do all the paperwork and work with lenders to ensure everything goes smoothly.
- Our mortgage advisors are expert in every type of money saving remortgage.
- Branches throughout Scotland
- Specialist help for first time buyers and homemovers with Property Law Centre
- Scotland’s longest established mortgage advisors
First Mortgage, the UK’s specialists in sourcing mortgages, remortgages and protection plans, are actively encouraging clients in Scotland (...)
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