Tracker rate mortgage: when your payments follow another rate
A tracker rate mortgage follows another interest rate, usually the Bank of England base rate, so your monthly payments can rise or fall during the deal.
Variable rate mortgage: when your payments can change
A variable rate mortgage can move up or down over time, which means your monthly payments may change depending on the type of deal and wider rate movements.
Fixed rate mortgage: how payment certainty works
A fixed rate mortgage keeps your interest rate and monthly payments the same for a set period, which can make budgeting feel more predictable.
Interest rate: how it affects your mortgage payments
Your mortgage interest rate affects your monthly payments, the total interest you pay, and how your mortgage compares against other available deals.
Mortgage term: how the length of your mortgage affects repayments
Your mortgage term affects how long you repay the loan, how manageable the monthly payments feel, and how much interest you may pay overall.
What is a loan-to-value (LTV) ratio?
Loan-to-value (LTV) shows how much of a property’s value you are borrowing. Learn how to calculate it and how it can affect your mortgage options and rates.
How much deposit do you need for a mortgage?
Your deposit can shape how much you borrow, your loan-to-value and the mortgage options available. See what to check before deciding how much to put down.
Property chain: how other buyers and sellers can affect your move
A property chain links multiple buyers and sellers together, which means one delay can affect the timing of exchange and completion for everyone involved.
Property searches: what your solicitor checks before exchange
Property searches help uncover legal, environmental, and local authority details that may affect the home before you exchange contracts.
Solicitor vs conveyancer: who handles the legal work?
Solicitors and conveyancers can both handle the legal work when you buy a home, but their training, scope, and support can differ.