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Compare Best Mortgage Rates

On this page you can compare mortgage deals from across the market with our free best buys tool. You’ll also find information on the different types of mortgages and deposits required.

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Compare Mortgage Rates from over 120 Lenders

Use our online mortgage comparison tool to find the best mortgages currently on the market in the UK and to compare mortgage lenders.

Mortgage Details

Property Price £

Mortgage Amount £

Mortgage Type

Loan Type

Mortgage Term (1-30 years)

Product Rate

Initial Rate Period

Advanced Filters

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Exclusive

No booking or arrangement fee

No early repayment charge

Overpayments allowed

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New Builds

Limited company buy to let

Professional landlord

These are indicative figures only and may not represent all the costs associated with each product. For more information speak to one of our mortgage brokers on 0808 291 2276.

What Is the Best Mortgage You Can Get?

The best mortgage for you will depend on a few different factors – such as your income, your eligibility with lenders and your plans for the property.

A mortgage is a big and costly commitment, so learn about your options and seek independent advice.

First-time buyer

About first-time buyer mortgages

You’re a first-time buyer if you’ve never owned a property in the UK or anywhere else in the world. The first-time buyer mortgage rates available to you will typically be the same as those available to someone who’s moving home. There are a few mortgage deals with special incentives specifically for first-time buyers, but these won’t necessarily be more suitable for you.

Being a first-time buyer also means you’ll typically have to pay less Stamp Duty than a previous homeowner would on the same property.

Deposit for first-time buyer mortgage

The minimum deposit you have to provide is typically 5%, but some lenders will expect 10% or more.

Moving home

About moving home mortgages

You’ll fall under the category of moving home if you currently own a main residence but want to sell it and purchase a new one. The mortgages available to you will be the same as those available to a first-time buyer, but you may not have access to the special incentives that come with some first-time buyer mortgages.

Deposit for moving house mortgage

Most lenders require at least 10% in deposit but there are some that will accept 5%.

Buy-to-Let

About buy-to-let mortgages

A buy-to-let mortgage is a mortgage you take out on a property that you intend on renting out. Buy-to-let mortgages come with higher interest rates than residential mortgages, because they’re riskier investments for lenders.

Deposit for buy-to-let mortgage

Typically, you’ll need at least 25% in deposit for a buy-to-let mortgage. There are a few lenders that offer LTVs (loan-to-values) higher than 75% but these tend to be specialist cases, which means you’ll need to consult a broker.

Remortgage

About remortgages

Remortgaging is where you change to a new mortgage with a new lender but stay in/keep the same property. Remortgage products are the same as the normal mortgage products that would be available to you if you were buying a new property.

The same is also true if you wanted to remortgage a buy-to-let property; the products available to you will be the same as the products that would be available if you were purchasing a new buy-to-let property.

Deposit for remortgage

The minimum deposit you’ll have to provide is 5%, however it’s likely you’ll have more equity in your property than 5% by the time you remortgage and therefore will provide a greater deposit. Nonetheless, it is possible to take out a remortgage with an LTV of 95% if you were raising capital on your property.

Specialist

About specialist mortgages

If none of the above options apply to you, or your situation is a little more complicated – e.g. you’re an expat or self-employed – then you may require a specialist mortgage.

Deposit for specialist mortgage

The minimum deposit you’ll need for a specialist mortgage will depend on your situation and the kind of mortgage or loan you require.

Commercial

About commercial mortgages

A commercial mortgage is a mortgage that’s secured against a commercial property, like an office building or block of flats.

Deposit for commercial mortgage

The minimum deposit you’ll have to provide for a commercial mortgage is 25%, but a lot of borrowers will typically put down 25% – 35%.

How Can John Charcol Help?

John Charcol Expert Tip - Sept 2025

Finding the best mortgage rate isn’t just about choosing the lowest number – fees, terms, and flexibility all make a big difference to what you’ll actually pay. Our Best Buys bring together the most competitive rates across the market, making it easy to compare deals side by side.

With expert advice alongside the figures, we’ll help you understand which mortgage truly suits your needs and ensures long-term value, not just a short-term saving

Nicholas Mendes

We give personal, expert advice

We work around your schedule to help you arrange a mortgage that suits your circumstances, no matter how complex.

We take care of everything

With 50 years of service, we’ve seen it all. We can save you money, time and make buying your property easy.

We’re highly recommended

We have thousands of 5* reviews on reviews.io, so you can feel confident that your mortgage is in the right hands.

Mortgage Rates FAQs

Can a mortgage broker get me a better deal than a bank?

If you use a high street lender – like a bank – they’ll only be able to offer a mortgage product from their range. We’re an independent mortgage broker with access to every lender on the market, which means we regularly have access to exclusive deals.

Compare mortgage deals with our best buys tool above.

Which type of mortgage has the lowest interest rates?

The general rule is that residential mortgages with LTVs of up to 60% have the lowest interest rates, because they’re very secure investments for the lender. The borrower has a large amount of equity in their property from the outset and the mortgage is secured on their home, which means they’re more likely to keep up/prioritise their monthly payments.

Nonetheless, residential mortgages are completely different from buy-to-let mortgages and what you need will depend on the type of buyer you are and the property you’re purchasing.

Which banks offer the cheapest mortgage rates?

There’s no one bank or lender that offers the cheapest mortgage rates. Rates change all the time, not to mention the fact that a single lender’s products will vary.

How does the size of my deposit affect my mortgage rate?

The size of your deposit does affect the mortgage rates available to you. A bigger deposit will often give you access to lower rates. This is due to the fact that the more you have in deposit, the lower the LTV and the lower the risk for the lender should you fail to keep up payments on the mortgage. If the risk is lower than the lender can charge at a lower rate of interest.

Can I get a mortgage online?

Some high street lenders will let you apply for a mortgage online, but this could result in you missing out on a better mortgage deal. It’s always worth speaking with an expert over the phone as you can ask questions and receive advice about the different options available to you. If you do want to speak with an adviser, simply call us on 0808 291 4047.

How can I find the cheapest or best value mortgage?

To boost your chances of securing a potentially cheaper mortgage with a lower interest rate, you can:

It’s worth pointing out that there are other factors you need to consider besides the interest rate, when looking at mortgages. The mortgage term, loan-to-value and mortgage affordability will all impact the products available to you.