Compare Repayment Mortgages

Repayment mortgages come with monthly repayments that pay off the capital plus accrued interest. Check the comparison table below for the latest rates on repayment mortgages.


Popular Mortgages

Repayment mortgages

Mortgage Type

Buy to Let: For landlords purchasing a property for letting.
Discount: The interest rate rises and falls with the provider’s standard variable rate but is set at a lower discounted rate for certain period.
Fixed: The interest rate is fixed for a certain period – usually 1 to 5 years.
Offset: Mortgage interest payments are offset against any savings you may hold.
Tracker: The interest rate rises and falls with the Bank of England base rate.
Variable: The interest rate rises and falls with the provider’s standard interest rate (SVR).

Initial Rate

The introductory rate of interest that you will pay for a certain period of time depending on the mortgage type and term.

Initial
Term

The length of time that the initial interest rate applies to the mortgage.

Final
Rate

Also referred to as Subsequent Rate - the interest rate that your mortgage will revert to after any introductory rates have finished.

Cost For Comparison

This is the mortgage’s Annual Percentage Rate (APR): the interest rate that you will be charged on your mortgage including all charges such as arrangement fees.

Loan to value

The percentage of a property’s value for which the mortgage can be used.
Example: 75% loan to value = 25% deposit.

Fee to
Apply

This is the fee that must be paid to the lender when you take out the mortgage. It can be applied to the loan or paid separately.

Chelsea Building Society
2yr 1.74% Fixed LTV 60% Direct
+ More Details
Fixed1.74%31/07/20155.79%5.20%60%£1675MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:40%
Max Loan:£5000000
First time buyer:yes
Homemover:yes
Remortgage:yes
NatWest
2yr 1.74% Fxd LTV 60% Direct
+ More Details
Fixed1.74%31/10/20154.00%4.00%60%£1995MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:40%
First time buyer:yes
Homemover:yes
Remortgage:yes
Call Direct
0800 158 2907
Royal Bank of Scotland
2yr 1.74% Fxd LTV 60% Ex/B Direct
+ More Details
Fixed1.74%31/10/20154.00%Pending60%£1995MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:40%
First time buyer:no
Homemover:no
Remortgage:no
Call Direct
0800 096 7446
HSBC
2yr 2.19% Discount LTV 60% Special Direct
+ More Details
Discount1.75%243.94%3.80%60%£1999MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:40%
First time buyer:yes
Homemover:yes
Remortgage:yes
Call Direct
0800 077 4339
Yorkshire Building Society
Flexi 2yr 1.79% Fixed LTV 60% Direct - High Fee
+ More Details
Fixed1.79%30/06/20154.99%4.60%60%£1475MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:40%
Max Loan:£5000000
First time buyer:yes
Homemover:yes
Remortgage:yes
HSBC
2yr 1.89% Fixed LTV 60% Special Direct
+ More Details
Fixed1.89%31/08/20153.94%3.80%60%£1999MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:40%
Max Loan:£500000
First time buyer:yes
Homemover:yes
Remortgage:yes
Call Direct
0800 077 4339
Yorkshire Building Society
Flexi 2yr 1.89% Fixed LTV 60% Direct
+ More Details
Fixed1.89%30/06/20154.99%4.60%60%£975MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:40%
Max Loan:£5000000
First time buyer:yes
Homemover:yes
Remortgage:yes
Chelsea Building Society
Flexi 2yr 1.94% Fixed Offset LTV 60% Direct
+ More Details
Fixed1.94%31/07/20155.79%5.20%60%£1675MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:40%
Max Loan:£5000000
First time buyer:yes
Homemover:yes
Remortgage:yes
Chelsea Building Society
3yr 1.99% Fixed LTV 60% Direct
+ More Details
Fixed1.99%31/07/20165.79%4.90%60%£1675MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:40%
Max Loan:£5000000
First time buyer:yes
Homemover:yes
Remortgage:yes
Yorkshire Building Society
Flexi 2yr 1.99% Fxd Offset LTV 60% Dir - High Fee
+ More Details
Fixed1.99%30/06/20154.99%4.60%60%£1475MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:40%
Max Loan:£5000000
First time buyer:yes
Homemover:yes
Remortgage:yes
Yorkshire Building Society
Flexi 2yr 2.09% Fixed Offset LTV 60% Direct
+ More Details
Fixed2.09%30/06/20154.99%4.60%60%£975MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:40%
Max Loan:£5000000
First time buyer:yes
Homemover:yes
Remortgage:yes
Chelsea Building Society
Flexi 3yr 2.19% Fixed Offset LTV 60% Direct
+ More Details
Fixed2.19%31/07/20165.79%5.00%60%£1675MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:40%
Max Loan:£5000000
First time buyer:yes
Homemover:yes
Remortgage:yes
Yorkshire Building Society
Flexi 2yr 2.19% Fixed H/P LTV 60% Direct
+ More Details
Fixed2.19%30/06/20154.99%4.60%60%£475MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:40%
Max Loan:£5000000
First time buyer:yes
Homemover:yes
Remortgage:no
Yorkshire Building Society
Flexi 2yr 2.19% Fixed R/M LTV 60% Direct
+ More Details
Fixed2.19%30/06/20154.99%4.60%60%£475MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:40%
Max Loan:£5000000
First time buyer:no
Homemover:no
Remortgage:yes
NatWest
2yr BBR + 1.69% LTV 60% Direct
+ More Details
Tracker2.19%31/10/20154.00%3.80%60%£995MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:40%
First time buyer:yes
Homemover:yes
Remortgage:yes
Call Direct
0800 158 2907
Royal Bank of Scotland
2yr BBR + 1.69% LTV 60% Direct
+ More Details
Tracker2.19%31/10/20154.00%3.80%60%£995MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:40%
First time buyer:yes
Homemover:yes
Remortgage:yes
Call Direct
0800 096 7446
Chelsea Building Society
2yr 2.24% Fixed LTV 75% Direct
+ More Details
Fixed2.24%31/07/20155.79%5.30%75%£1675MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:25%
Max Loan:£5000000
First time buyer:yes
Homemover:yes
Remortgage:yes
Yorkshire Building Society
2yr BBR + 1.74% LTV 75% Direct
+ More Details
Tracker2.24%30/06/20154.99%4.60%75%£975MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:25%
First time buyer:yes
Homemover:yes
Remortgage:yes
HSBC
Lifetime BBR + 1.78% LTV 60% Special Direct
+ More Details
Tracker2.28%termn/a2.40%60%£1999MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:40%
First time buyer:yes
Homemover:yes
Remortgage:yes
Call Direct
0800 077 4339
Santander UK plc
2yr 2.29% Fixed H/P C/B LTV 60%
+ More Details
Fixed2.29%02/07/20154.74%4.40%60%£995MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:40%
Max Loan:£1000000
First time buyer:yes
Homemover:yes
Remortgage:no
Call Direct
0808 115 1299
Santander UK plc
2yr 2.29% Fixed H/P C/B LTV 70% Direct Ex/C
+ More Details
Fixed2.29%02/07/20154.74%4.50%70%£995MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:30%
Max Loan:£1000000
First time buyer:yes
Homemover:yes
Remortgage:no
Call Direct
0808 115 1299
Santander UK plc
2yr 2.29% Fixed R/M C/B LTV 60%
+ More Details
Fixed2.29%02/07/20154.74%4.30%60%£995MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:40%
Max Loan:£1000000
First time buyer:no
Homemover:no
Remortgage:yes
Call Direct
0808 115 1299
Santander UK plc
2yr 2.29% Fixed R/M C/B LTV 70% Direct Ex/C
+ More Details
Fixed2.29%02/07/20154.74%4.40%70%£995MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:30%
Max Loan:£1000000
First time buyer:no
Homemover:no
Remortgage:yes
Call Direct
0808 115 1299
Santander UK plc
2yr 2.29% Fixed R/M LTV 70% Direct Ex/C
+ More Details
Fixed2.29%02/07/20154.74%4.40%70%£995MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:30%
Max Loan:£1000000
First time buyer:no
Homemover:no
Remortgage:yes
Call Direct
0808 115 1299
Yorkshire Building Society
Flexi 2yr 2.29% Fixed LTV 75% Direct
+ More Details
Fixed2.29%30/06/20154.99%4.60%75%£975MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:25%
Max Loan:£5000000
First time buyer:yes
Homemover:yes
Remortgage:yes
NatWest
2yr 2.34% Fxd LTV 70% Direct
+ More Details
Fixed2.34%31/10/20154.00%3.80%70%£995MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:30%
First time buyer:yes
Homemover:yes
Remortgage:yes
Call Direct
0800 158 2907
Royal Bank of Scotland
2yr 2.34% Fxd LTV 70% Direct
+ More Details
Fixed2.34%31/10/20154.00%3.80%70%£995MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:30%
First time buyer:yes
Homemover:yes
Remortgage:yes
Call Direct
0800 096 7446
Santander UK plc
2yr 2.34% Fixed H/P C/B LTV 70%
+ More Details
Fixed2.34%02/07/20154.74%4.50%70%£995MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:30%
Max Loan:£1000000
First time buyer:yes
Homemover:yes
Remortgage:no
Call Direct
0808 115 1299
Santander UK plc
2yr 2.34% Fixed R/M C/B LTV 70%
+ More Details
Fixed2.34%02/07/20154.74%4.40%70%£995MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:30%
Max Loan:£1000000
First time buyer:no
Homemover:no
Remortgage:yes
Call Direct
0808 115 1299
Post Office Ltd
2yr 2.35% Fixed BBR LTV 60%
+ More Details
Fixed2.35%31/05/20154.49%4.30%60%£995MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:40%
Max Loan:£1000000
First time buyer:yes
Homemover:yes
Remortgage:yes
HSBC
2yr 1.55% Discount LTV 60% Special Direct
+ More Details
Discount2.39%243.94%3.80%60%£499MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:40%
First time buyer:yes
Homemover:yes
Remortgage:yes
Call Direct
0800 077 4339
Yorkshire Building Society
Flexi 2yr 2.39% Fixed H/P Offset LTV 60% Direct
+ More Details
Fixed2.39%30/06/20154.99%4.60%60%£475MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:40%
Max Loan:£5000000
First time buyer:yes
Homemover:yes
Remortgage:no
Yorkshire Building Society
Flexi 2yr 2.39% Fixed R/M Offset LTV 60% Direct
+ More Details
Fixed2.39%30/06/20154.99%4.60%60%£475MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:40%
Max Loan:£5000000
First time buyer:no
Homemover:no
Remortgage:yes
Chelsea Building Society
3yr 2.44% Fixed LTV 75% Direct
+ More Details
Fixed2.44%31/07/20165.79%5.00%75%£1675MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:25%
Max Loan:£5000000
First time buyer:yes
Homemover:yes
Remortgage:yes
Chelsea Building Society
Flexi 2yr 2.44% Fixed Offset LTV 75% Direct
+ More Details
Fixed2.44%31/07/20155.79%5.30%75%£1675MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:25%
Max Loan:£5000000
First time buyer:yes
Homemover:yes
Remortgage:yes
Yorkshire Building Society
Rollover 1yr 2.44% Fixed R/M LTV 35% Direct
+ More Details
Fixed2.44%30/06/20144.99%4.90%35%£475MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:65%
Max Loan:£1000000
First time buyer:no
Homemover:no
Remortgage:yes
Santander UK plc
2yr BBR + 1.94% H/P C/B LTV 70%
+ More Details
Tracker2.44%24 months4.74%4.50%70%£995MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:30%
First time buyer:yes
Homemover:yes
Remortgage:no
Call Direct
0808 149 8421
Santander UK plc
2yr BBR + 1.94% R/M C/B LTV 70%
+ More Details
Tracker2.44%24 months4.74%4.40%70%£995MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:30%
First time buyer:no
Homemover:no
Remortgage:yes
Call Direct
0808 149 8421
Yorkshire Building Society
2yr BBR + 1.94% Offset LTV 75% Direct
+ More Details
Tracker2.44%30/06/20154.99%4.60%75%£975MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:25%
First time buyer:yes
Homemover:yes
Remortgage:yes
Post Office Ltd
3yr 2.45% Fixed BBR LTV 60%
+ More Details
Fixed2.45%31/05/20164.49%4.20%60%£1495MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:40%
Max Loan:£500000
First time buyer:yes
Homemover:yes
Remortgage:yes
HSBC
5yr 2.49% Fixed LTV 60% Special Direct
+ More Details
Fixed2.49%31/08/20183.94%3.60%60%£1999MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:40%
Max Loan:£250000
First time buyer:yes
Homemover:yes
Remortgage:yes
Call Direct
0800 077 4339
Santander UK plc
2yr 2.49% Fixed H/P C/B Ex/B LTV 75%
+ More Details
Fixed2.49%02/07/20154.74%4.50%75%£995MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:25%
Max Loan:£1000000
First time buyer:no
Homemover:no
Remortgage:no
Call Direct
0808 115 1299
Santander UK plc
2yr 2.49% Fixed H/P C/B LTV 75% Direct Ex/C
+ More Details
Fixed2.49%02/07/20154.74%4.50%75%£995MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:25%
Max Loan:£1000000
First time buyer:yes
Homemover:yes
Remortgage:no
Call Direct
0808 115 1299
Santander UK plc
2yr 2.49% Fixed R/M C/B LTV 75% Direct Ex/C
+ More Details
Fixed2.49%02/07/20154.74%4.50%75%£995MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:25%
Max Loan:£1000000
First time buyer:no
Homemover:no
Remortgage:yes
Call Direct
0808 115 1299
Santander UK plc
2yr 2.49% Fixed R/M LTV 75% Direct Ex/C
+ More Details
Fixed2.49%02/07/20154.74%4.50%75%£995MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:25%
Max Loan:£1000000
First time buyer:no
Homemover:no
Remortgage:yes
Call Direct
0808 115 1299
Yorkshire Building Society
Flexi 2yr 2.49% Fixed Offset LTV 75% Direct
+ More Details
Fixed2.49%30/06/20154.99%4.70%75%£975MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:25%
Max Loan:£5000000
First time buyer:yes
Homemover:yes
Remortgage:yes
Yorkshire Building Society
Flexi 3yr 2.49% Fixed LTV 75% Direct
+ More Details
Fixed2.49%30/06/20164.99%4.40%75%£975MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:25%
Max Loan:£5000000
First time buyer:yes
Homemover:yes
Remortgage:yes
Chelsea Building Society
2yr BBR + 1.99% H/P LTV 75% Direct
+ More Details
Tracker2.49%31/07/20155.79%5.30%75%£875MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:25%
First time buyer:yes
Homemover:yes
Remortgage:no
Chelsea Building Society
2yr BBR + 1.99% R/M LTV 75% Direct
+ More Details
Tracker2.49%31/07/20155.79%5.30%75%£875MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:25%
First time buyer:no
Homemover:no
Remortgage:yes
Chelsea Building Society
2yr 2.54% Fixed H/P C/B LTV 75% Direct
+ More Details
Fixed2.54%31/07/20155.79%5.30%75%£875MORE INFO
Read this before you proceed.
To qualify for this product you need to meet the following criteria.
Minimum Deposit:25%
Max Loan:£5000000
First time buyer:yes
Homemover:yes
Remortgage:no
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Repayment mortgages explained

The most common kind of home loan, a repayment mortgage works by spreading out the payback of your debt over a set period of time, with interest added to each of your monthly instalments.

The alternatives are to only pay the interest that is accrued each month, rather than paying off any of the actual debt itself, or to put your money into an investment - often known as an endowment - in the hope that your money will work harder this way.

As such, a straight repayment mortgage is one of the safest options in borrowing to buy a house. If you stay on a repayment arrangement for the whole length of your term you will have paid off all of your debt and will own your home outright when you reach the end - provided you keep up with your payments of course. The trade-off is that if you want to pay the mortgage off early you'll need to make additional payments, rather than benefitting from any positive fluctuations on the stock market.

The other advantage is that by reducing your debt level each month you will be less likely to hit negative equity - a position where you owe more money than your house is worth. This can make it difficult to move homes.

Like any other mortgage, the variables involved with a repayment mortgage include the length of the loan, the amount you contribute upfront as a deposit (determining the loan-to-value or LTV ratio), and whether you pay a fixed, variable or tracker interest rate. Consider your options carefully.

Learn more about different types of mortgage with Know Your Money's guide.

Mortgage Advice

Speak with a qualified mortgage advisor from Turnkey Mortgages to discuss your mortgage needs

Call: 0808 132 0075

Call centre hours are: 8am to 8pm Monday to Friday 9am to 4pm Saturday. Closed Sundays.

How much is your property worth?

Use the FREE propertypriceadvice.co.uk valuation service for an accurate and up-to-date estimate of the value of any property in the UK.

How much is your property worth?

Use the FREE propertypriceadvice.co.uk valuation service for an accurate and up-to-date estimate of the value of any property in the UK.

Santander Mortgages


Whether you're a first time buyer, moving home or looking to remortgage to us, we have a team of dedicated advisors on the phone who can help.

Call 0800 032 4610

Refused a Mortgage?

Concerned you may not qualify for the mortgage you need? Let expert mortgage advisors from Turnkey Mortgages find the right mortgage for you.

Call: 0808 132 0075

Call centre hours are: 8am to 8pm Monday to Friday 9am to 4pm Saturday. Closed Sundays.