Latest Market Rates
Truestone constantly surveys the market for the leading mortgage rates and terms across a number of product types. We look for the best fixed rate terms and the best rates for so called tracker mortgages that go up and down in line with the Bank of England base rate. The Bank of England base rate is currently 5.00%.
There tend to be differing rates and terms available for:
- First time buyers and home movers
- Remortgages
- Self certification mortgages
- Buy to let mortgages
- Mortgages that will lend 100% of the value of the property
Please note that the Financial Services Authority does not regulate some forms of Buy to Let mortgages. As with all mortgages the actual rate available to you for any of these products will depend on your circumstances. Always ask for a personal illustration. Your home is at risk if you do not keep up repayments on a mortgage.
Fixed Rate Mortgages for First Time Buyers and Home Movers.
Please hover over the column headings for a fuller explanation of the terms used in the table
| Introductory interest rate | The overall cost comparison is APR | LTV | End date | Arrangement fee | Early Repayment Charge (ERC) | Reverting to a Standard Variable Rate of: | Additional features | Monthly Cost. Based on a £200,000 loan, over 25 years on a repayment basis. |
|---|---|---|---|---|---|---|---|---|
| 4.98% | 7.75% | 90% | 31.12.2009 | 2.5% |
3% = Year 1 2% = Year 2 |
7.75% | 10% overpayment facility | £1180.17 |
| 5.59% | 7.8% | 90% | 02.02.2010 | £1499 | 3% | 7.84% | 10% Overpayment facility | £1253.42 |
| 5.49% | 6.6% | 95% | 31.03.2010 | £999 | 4% |
+0.85% above BoEBR |
5% overpayment facility | £1241.28 |
Tracker Rate Mortgages for First Time Buyers and Home Movers.
| Introductory interest rate | The overall cost comparison is APR | LTV | End date | Arrangement fee | Early Repayment Charge (ERC) | Reverting to a Standard Variable Rate of: | Additional features | Monthly Cost. Based on a £200,000 loan, over 25 years on a repayment basis. |
|---|---|---|---|---|---|---|---|---|
| 4.73% | 7.75% | 90% | 31.12.2009 | 2.5% |
3% = 1st Year 2% = 2nd Year |
7.75% | 10% overpayment facilty | £1150.74 |
| 5.48% | 7.2% | 90% | 2 years | £1499 | 1.5% | 7.24% | £500 per month overpayment facility | £1240.07 |
| 5.54% | 7.50% | 95% | 2 Years | £499 | 3% | 7.4% | 10% overpayment facility | £1247.34 |
Fixed Rate for Remortgages
| Introductory interest rate | The overall cost comparison is APR | LTV | End date | Arrangement fee | Early Repayment Charge (ERC) | Reverting to a Standard Variable Rate of: | Additional features | Monthly Cost. Based on a £200,000 loan, over 25 years on a repayment basis. |
|---|---|---|---|---|---|---|---|---|
| 4.98% | 7.75% | 90% | 31.12.2009 | 2.5% |
3% = 1st Year 2% = 2nd Year |
7.75% | Free valuation & legal fees. 10% overpayment facility | £1158.95 |
| 5.63% | 6.8% | 90% | 5 Years | £499 | 3% | 7.24% | Free valuation & legal fees. £500 per month overpayment facility | £1258.30 |
Tracker Rate for Remortgages
| Introductory interest rate | The overall cost comparison is APR | LTV | End date | Arrangement fee | Early Repayment Charge (ERC) | Reverting to a Standard Variable Rate of: | Additional features | Monthly Cost. Based on a £200,000 loan, over 25 years on a repayment basis. |
|---|---|---|---|---|---|---|---|---|
| 5.39% | 6.7% | 90% | 30.04.2013 | £499 |
1st Year : 5% 2nd Year: 4% 3rd Year: 3% 4th Year: 4% 5th Year : 5% |
7.5% | Free valuation & legal fees. | £1229.18 |
| 5.58% | 7.3% | 90% | 2 years | £1499 | 1.5% | 7.24% | Free valuation & legal fees. £500 per month overpayments | £1252.21 |
| 4.73% | 7.75% | 90% | 31.12.2009 | 2.5% |
3% = 1st Year 2% = 2nd Year |
7.75% | Free valuation & legal fees. 10% overpayment facility . | £1150.74 |
Buy to Let Fixed Rate Mortgages
| Introductory interest rate | The overall cost comparison is APR | LTV | End date | Arrangement fee | Early Repayment Charge (ERC) | Reverting to a Standard Variable Rate of: | Additional features | Monthly Cost. Based on a £200,000 loan, over 25 years on a repayment basis. |
|---|---|---|---|---|---|---|---|---|
| 5.65% | 7.8% | 85% | 2 years | £1499 |
5%: 1st year 4% : 2nd year |
7.79% | 10% overpayment facility | £1260.74 |
| 5.74% | 7.8% | 85% | 02.02.2010 | £1999 | 3% | 7.84% | 10% overpayment facility | £1271.74 |
Buy to Let Tracker Rate Mortgages
| Introductory interest rate | The overall cost comparison is APR | LTV | End date | Arrangement fee | Early Repayment Charge (ERC) | Reverting to a Standard Variable Rate of: | Additional features | Monthly Cost. Based on a £200,000 loan, over 25 years on a repayment basis. |
|---|---|---|---|---|---|---|---|---|
| 4.74% | 7.8% | 85% | 31.12.2009 | 2.5% |
3% = 1st Year 2% = 2nd Year |
7.75% | 10% overpayment facility | £1151.91 |
| 5.63% | 7.8% | 85% | 31.12.2009 | 2.5% |
3% = 1st Year 2% = 2nd Year |
7.75% | 10% overpayment facility | £1258.30 |
All rates listed above are available as at 9th January 2008.
We are also able to provide rate details of 100% Mortgages and Self Certification Mortgages. The actual rates available of these types of mortgages will depend upon your circumstances. Please ask us for a personalised illustration.
