London 020 8154 7280

Mortgage Deal of the Month

Our choice for April’s Mortgage Deal of the Month is a 5 year fixed rate at 1.24%:

Initial Rate:

A fixed rate of 1.24% until 30/06/2026

This reverts to:

Followed by lenders Standard Variable Rate, currently 3.59%, for the remaining term of the mortgage

The overall cost for comparison is:

The APRC applicable to your loan is 2.6%

£1,499 arrangement fee


  • Available on residential loans up to 60% of the purchase price or valuation of the property, whichever is the lower.
  • Available for purchase only
  • The product is available for loans between £250,000 and £1,000,000
  • Early Repayment Charges (ERC) of 5% of the amount repaid to 30/06/2022; 4% to 30/06/2023; 3% to 30/06/2024; 2% to 30/06/2025; 1% to 30/06/2026

Information is correct as at 21st April 2021.

Representative example:

Representative Example: 2.6% APRC based on borrowing £320,000 over 20 years on 1.24% fixed until 30.06.26, giving 62 monthly payments of £1,513.23 followed by 179 payments of £1,785.47 on a variable rate (currently 3.59%). Total amount payable £413,267 including the following one off cost – £1,499 lender arrangement fee

Springtide Capital Limited is authorised and regulated by the Financial Conduct Authority.

Important Legal Information
There may be a fee for mortgage advice. The precise amount will depend upon your circumstances and loan amount. The FCA does not regulate most buy-to-let, second charge or commercial mortgages. The Financial Ombudsman Service is available at or by contacting them on 0800 023 4 567. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Copyright 2017 Springtide Capital Limited. All rights reserved