Compare Mortgages
Find the best mortgage rates for your situation. Compare deals from leading UK lenders for first-time buyers, remortgages and buy-to-let — free and no obligation.
Your mortgage is almost certainly the biggest financial commitment you will ever make. Over a 25-year term, even a small difference in interest rate can mean tens of thousands of pounds saved or spent. Whether you are buying your first home, remortgaging to a better deal, or investing in buy-to-let property, comparing what is available across the market is essential.
First-Time Buyer
Mortgages designed for first-time buyers with low deposits. Access government schemes, Help to Buy alternatives and the best rates for new homeowners.
Compare first-time buyer mortgages →Remortgage
Switch to a better rate when your fixed deal ends. Avoid falling onto your lender's expensive SVR and save hundreds per month.
Compare remortgage deals →Buy-to-Let
Specialist mortgages for rental property investors. Compare BTL rates, understand affordability criteria and find the right deal for your portfolio.
Compare buy-to-let mortgages →Understanding UK mortgages
A mortgage is a secured loan used to buy property. The property acts as collateral, meaning the lender can repossess it if you fail to keep up repayments. Most UK mortgages run for 25 to 35 years, though you will typically remortgage to a new deal every 2 to 5 years when your initial fixed or tracker rate ends.
The two main types are repayment mortgages (where each monthly payment covers interest plus some of the capital, so the loan is fully repaid at the end of the term) and interest-only mortgages (where you only pay interest each month and must repay the capital separately). Repayment is the standard choice for residential buyers. Interest-only is more common in buy-to-let, where landlords plan to sell the property to repay the loan.
Your loan-to-value ratio (LTV) — the percentage of the property value you borrow — is the single biggest factor affecting your rate. A 90% LTV mortgage (10% deposit) will cost significantly more than a 75% LTV deal. Building a larger deposit, or waiting until your equity grows before remortgaging, is one of the most effective ways to cut your mortgage cost.
When to remortgage
Most borrowers should start comparing remortgage deals 3 to 6 months before their current fixed rate expires. Mortgage offers typically last 6 months, so you can lock in a rate well ahead of time. If rates drop between now and your switch date, you can usually reapply for the better deal at no cost.
Falling onto your lender's standard variable rate (SVR) after a fix ends is one of the most expensive mistakes in personal finance. SVRs are typically 2–3 percentage points higher than the best fixed rates, which on a £200,000 mortgage could cost an extra £300–£500 per month. Setting a reminder to compare a few months before your deal ends can save thousands.
Compare mortgages from lenders including
Nationwide Barclays NatWest HSBC Halifax Santander Virgin MoneyThree steps to a better mortgage
Why comparing matters
Average mortgage rate
The average UK 2-year fixed mortgage rate is around 4.5% in 2026. The best deals for low-LTV borrowers can be significantly lower.
Typical LTV
The most competitive rates kick in at 75% LTV (25% deposit/equity). Each 5% LTV reduction unlocks better pricing from lenders.
Average FTB deposit
The average first-time buyer deposit in the UK is around £53,000. Government schemes and family support can help bridge the gap.
Average saving by switching
Remortgaging from an SVR to the best fixed rate saves the average borrower over £4,500 per year on a typical UK mortgage.
Mortgage comparison FAQs
Start by knowing your deposit size (or equity if remortgaging), the property value, and the term you want. Then compare the total cost including fees, not just the headline rate. A slightly higher rate with no arrangement fee can work out cheaper overall. Use a mortgage calculator to see the monthly payment and total cost for each deal.
Both have advantages. A broker can access exclusive deals not available directly and handles the paperwork. However, comparing online first gives you a benchmark so you know whether a broker's recommendation is genuinely competitive. Some of the best rates are only available direct from lenders.
The minimum deposit for most mortgages is 5% of the property value. However, rates improve significantly at 10%, 15%, and especially 25% deposit levels. First-time buyers can access government schemes like the Lifetime ISA to boost their deposit. The average UK first-time buyer deposit is around £53,000.
Fixed rates give certainty — your payments stay the same for the fix period (usually 2 or 5 years). Variable rates (trackers and SVRs) can go up or down with the Bank of England base rate. In a rising rate environment, fixing protects you. When rates are expected to fall, a tracker can save money. Most UK borrowers currently choose fixed rates for the security.