The above rates are correct as at
and are subject to change without notice. Severnside Mortgages cannot gaurantee that these rates will be available to all borrowers; if you are interested in a particular deal please contact us for more information.
t: 01275 814004
First Time Buyer Mortgage Rates
We have selected some of the most competitive First Time Buyer Mortgage Rates that are available from the Whole of the Market. These have been selected from the 80, 85 and 90% Loan to Value range.
These rates are based on a house price of £150,000 and a loan amount of £120,000 over a 25 year repayment term
House Purchase Mortgage Rates | 2 Year Fixed
| Lenders | Initial Rate | Period Ends | Subsequent Rate (SVR) | Overall Cost for comparison | Max LTV | Continue |
| Monmouthshire BS | 3.09% | 3 Years | 4.99% | 4.7% APR | 80% |
 |
| Early repayment charges apply until initial 3 year period ends, arrangement fee payable of £799 | ||||||
| Furness BS | 3.29% | 2 Years | 5.44% | 5.2% APR | 80% |
|
| Early repayment charges apply until initial 2 year period ends, no arrangement fee payable (£0) | ||||||
| Newcastle BS | 3.34% | 31/8/2012 | 3.59% | 5.8% APR | 80% |
|
| Early repayment charges apply until 31/8/2013, arrangement fee payable of £800 | ||||||
| ITL Mortgages | 3.79% | 31/5/2013 | 5.99% | 5.7% APR | 80% |
|
| Early repayment charges apply until 31/7/2013, arrangement fee payable of £900 | ||||||
| ITL Mortgages | 3.99%% | - | Lifetime (BBR+ 3.5%) | 4.2% APR | 80% |
|
| Early repayment charges apply until intial 2 year period ends, arrangement fee payable of £1200 | ||||||
House Purchase Mortgage Rates | 2 Year Fixed
| Lenders | Initial Rate | Period Ends | Subsequent Rate (SVR) | Overall Cost for comparison | Max LTV | Continue |
| Leek BS | 3.75% | 30/9/2013 | 5.19% | 5.1% APR | 80% |
|
| Early repayment charges apply until 30/9/2013, arrangement fee payable of £895 | ||||||
| Monmouthshire BS | 3.99% | 2 Years | 4.99% | 3.3% APR | 80% |
|
| Early repayment charges apply until initial 2 year period ends, arrangement fee payable of £799 | ||||||
| Manchester BS | 4.25% | 2 Years | 4.99% | 4.5% APR | 80% |
|
| Early repayment charges apply until intial 2 year period ends, arrangement fee payable of £695 | ||||||
| Leeds (Exclusive) | 4.39% | 31/7/2012 | 5.69% | 5.8% APR | 80% |
|
| Early repayment charges apply until 31/7/2012, arrangement fee payable of £800 | ||||||
| Skipton BS | 4.49% | 31/7/2012 | 4.95% | 5.1% APR | 85% |
|
| Early repayment charges apply until 31/7/2012, arrangement fee payable of £695 | ||||||
House Purchase Mortgage Rates | 2 Year Fixed
| Lenders | Initial Rate | Period Ends | Subsequent Rate (SVR) | Overall Cost for comparison | Max LTV | Continue |
| Leek BS | 3.95% | 30/9/2013 | 5.19% | 5.1% APR | 80% |
|
| Early repayment charges apply until 30/9/2013, arrangement fee payable of £895 | ||||||
| Monmouthshire BS | 4.39% | 3 Years | 4.99% | 5.0% APR | 80% |
|
| Early repayment charges apply until initial 3 year period ends, arrangement fee payable of £799 | ||||||
| Northern Rock | 4.89% | 1/11/2013 | 4.79% | 5.1% APR | 80% |
|
| Early repayment charges apply until 1/11/2013, arrangement fee payable of £995 | ||||||
| Newcastle (Exclusive) | 4.99% | 31/8/2013 | 4.79% | 5.8% APR | 80% |
|
| Early repayment charges apply until 31/8/2013, arrangement fee payable of £800 | ||||||
House Purchase Mortgage Rates | 2 Year Fixed
| Lenders | Initial Rate | Period Ends | Subsequent Rate (SVR) | Overall Cost for comparison | Max LTV | Continue |
| Furness BS | 4.75% | 31/8/2015 | 5.44% | 5.4% APR | 80% |
|
| Early repayment charges apply until 31/8/2015, arrangement fee payable of £800 | ||||||
| Newcastle (Exclusive) | 4.99% | 31/8/2015 | 5.99% | 5.8% APR | 80% |
|
| Early repayment charges apply until 31/8/2015, arrangement fee payable of £800 | ||||||
| Marsden BS | 5.39% | 30/9/2016 | 5.95% | 5.9% APR | 80% |
|
| Early repayment charges apply until 30/9/2016, arrangement fee payable of £299 | ||||||
| Accord (Exclusive) | 5.44% | 31/8/2015 | 5.99% | 6.1% APR | 85% |
|
| Early repayment charges apply until 31/8/2015, arrangement fee payable of £1900 | ||||||
| Woolwich | 5.49% | 30/9/2015 | 2.49% | 4.0% APR | 80% |
|
| Early repayment charges apply until 30/9/2015, arrangement fee payable of £999 | ||||||