BEST BUYS – COMPARE MORTGAGE RATES
Compare the top Best Buy mortgage rates which are based on a property value of £400,000 and mortgage of £240,000 after you make a 40% deposit with a loan to value of 60%. The mortgage from the lenders are calculated over a 20 year term on a repayment basis.
 |
| 1.16% Fixed Rate |
| 60% Loan to Value |
| £1,525 App Fee |
| Until 01/11/2022 |
| Reverts to 4.09% |
 |
| 1.17% Fixed Rate |
| 60% Loan to Value |
| £1,025 App Fee |
| Until 31/09/2022 |
| Reverts to 3.59% |
 |
| 1.18% Fixed Rate |
| 60% Loan to Value |
| £1,034 App Fee |
| Until 31/10/2022 |
| Reverts to 3.59% |
 |
| 1.19% Fixed Rate |
| 60% Loan to Value |
| £999 App Fee |
| 2-Years Time |
| Reverts to 3.59% |
First time buyers
Here we compare the top first time buyer mortgage rates from lenders based on a property value of £400,000. After you make a 20% deposit the mortgage of £320,000 has a loan to value of 80% calculated on a repayment basis over a term of 25 years.
|
| 1.41% Fixed Rate |
| 80% Loan to Value |
| £1,377 App Fee |
| Until 30/09/2022 |
| Reverts to 3.59% |
 |
| 1.47% Fixed Rate |
| 80% Loan to Value |
| £1,209 App Fee |
| Until 30/09/2022 |
| Reverts to 4.39% |
 |
| 1.49% Fixed Rate |
| 80% Loan to Value |
| £1,007 App Fee |
| Until 30/09/2022 |
| Reverts to 4.49% |
 |
| 1.50% Fixed Rate |
| 80% Loan to Value |
| £1,034 App Fee |
| Until 31/10/2022 |
| Reverts to 5.74% |
Home movers
For those moving home we compare the top mortgage rates from lenders based on a property value of £400,000 and mortgage of £300,000 after you make a 25% deposit with a loan to value of 75%. The mortgage from the lenders are calculated over a 20 year term on a repayment basis.
|
| 1.30% Fixed Rate |
| 75% Loan to Value |
| £1,007 App Fee |
| Until 30/09/2022 |
| Reverts to 4.49% |
|
| 1.30% Fixed Rate |
| 75% Loan to Value |
| £1,034 App Fee |
| Until 31/10/2022 |
| Reverts to 5.29% |
 |
| 1.34% Fixed Rate |
| 75% Loan to Value |
| £1,016 App Fee |
| Until 30/09/2022 |
| Reverts to 3.54% |
|
| 1.34% Fixed Rate |
| 75% Loan to Value |
| £999 App Fee |
| 2-Years Time |
| Reverts to 3.59% |
Remortgage buyers
Comparing the top mortgage rates from lenders for remortgage buyers based on a property value of £400,000. After you make a 30% deposit the mortgage of £280,000 has a loan to value of 70% calculated on a repayment basis over a term of 20 years.
 |
| 1.23% Fixed Rate |
| 70% Loan to Value |
| £1,499 App Fee |
| Until 30/09/2022 |
| Reverts to 3.59% |
|
| 1.25% Fixed Rate |
| 70% Loan to Value |
| £1,034 App Fee |
| Until 31/10/2022 |
| Reverts to 3.59% |
|
| 1.30% Tracker Rate |
| 70% Loan to Value |
| £1,034 App Fee |
| Until 31/10/2022 |
| Reverts to 5.29% |
|
| 1.30% Tracker Rate |
| 70% Loan to Value |
| £1,007 App Fee |
| 2-Years Time |
| Reverts to 4.49% |
Buy-to-let mortgage
We have compared the top mortgage rates from lenders based on a property value of £300,000 and mortgage of £180,000 after you make a 40% deposit with a loan to value of 60%. The mortgage from the lenders is calculated over a 25 year term on an interest only basis. Rental income depends on the lender minimum requirement of £1,196 per month.
|
| 1.24% Fixed Rate |
| 60% Loan to Value |
| £2,034 App Fee |
| Until 30/09/2022 |
| Reverts to 5.59% |
 |
| 1.32% Fixed Rate |
| 60% Loan to Value |
| £2,295 App Fee |
| Until 30/09/2022 |
| Reverts to 4.44% |
|
| 1.35% Fixed Rate |
| 60% Loan to Value |
| £1,377 App Fee |
| Until 30/09/2022 |
| Reverts to 4.09% |
 |
| 1.36% Fixed Rate |
| 60% Loan to Value |
| £2,001 App Fee |
| Until 31/10/2022 |
| Reverts to 4.84% |
Equity release
Here we have compared the top lifetime mortgage rates from providers for those releasing equity based on a property value of £400,000. After you access cash with a mortgage of £80,000 the remaining equity is £320,000 and the loan to value of 20% is calculated on a roll-up basis over your lifetime.
 |
| 2.44% Fixed Rate |
| Interest Roll-Up |
| 25% Loan to Value |
| £895 App Fee |
| 2.47% AER |
 |
| 2.60% fixed Rate |
| Interest Roll-Up |
| 25% Loan to Value |
| £629 App Fee |
| 2.63% AER |
 |
| 2.60% Fixed Rate |
| Interest Roll-Up |
| 25% Loan to Value |
| £650 App Fee |
| 2.63% AER |
 |
| 2.75% Fixed Rate |
| Interest Roll-Up |
| 25% Loan to Value |
| £5 App Fee |
| 2.79% AER |
Get started now with a
free mortgage quote
As mortgage advisers we can do the work for you to find the best mortgages.
Access your quotes via your dashboard to start your mortgage application online 24/7
using a tablet or smartphone if you are on the move or from the comfort of your home.
GET YOUR FREE QUOTE
The latest mortgage news
Stamp duty holiday extension not being considered by government
The government is not considering a stamp duty holiday extension after calls for more time following the latest Coronavirus Tier 4 rules.
Fewer homeowners think their property has increased in value for November
For the month of November a survey from Halifax showed 14% of households believe the value of their homes has increased.
Slow demand for housing remains third higher than a year ago
Demand for housing is a third higher than a year ago although it has been slowing since the start of the stamp duty holiday.
Top 20 fastest selling locations when buying UK properties
It helps sellers and buyers if properties can sell fast and here are the results from Zoopla of the top 20 fastest selling UK homes.
Equity Release may involve a Lifetime Mortgage or a Home Reversion Scheme. To understand the features and risks, please ask for a personalised illustration. Equity Release may affect your entitlement to means tested state benefits and will impact on the size of your estate. For Equity Release London City Mortgages charge a fixed fee upon completion of £695. For Mortgages a fixed fee is charged on application. Typically this is from £295 up to £495 for the services selected.
Equity Release - Equity Released from your home will be secured against it. Mortgages – Your home may be repossessed if you do not keep up repayments on your mortgage or other loans secured against it. Think carefully before securing other debts against your home. The information contained in this website is subject to the UK regulatory regime and is therefore intended for consumers based in the UK.
CONTACT
Address:
9th Floor, 30 Crown Place
London, EC2A 4EB
Phone:
0800 955 0058
Email:
info@londoncitymortgages.co.uk
London City Mortgages Limited is a registered company in England & Wales under company number 09278987. London City Mortgages Limited is an Appointed Representative (FCA no. 655965) of Blackstone Moregate Limited (FCA no. 459051) which is authorised and regulated by the Financial Conduct Authority. LCM and LCM Equity Release are trading names of London City Mortgages Limited.