Mortgage Deal of the Month

Our choice for August’s Mortgage Deal of the Month is a 5 year fixed rate at 5.23% :

Initial Rate:

A fixed rate of 5.23% until 01/12/2028

This reverts to:

Followed by the lender’s Standard Mortgage Variable Rate, currently 9.24%, for the remaining term of the mortgage

The overall cost for comparison is:

The APRC applicable to your loan is 7.7%

£1,295 arrangement fee


  • Available on residential loans up to 65% of the purchase price or valuation of the property, whichever is the lower.
  • Available for purchase only
  • The product is available for loans up to £1,000,000
  • 3.5% of loan amount redeemed to be paid until 01-Dec-2028

Information is correct as at 16th August 2023

Representative Example: 7.7% APRC based on borrowing £350,000 over 25 years on 5.64% fixed for a period of 60 months, giving 60 monthly payments of £2,185.01 followed by 240 payments of £2,624.63 on a variable rate (currently 7.99%). Total amount payable £761,076.80 including the following one off cost – £999 lender arrangement fee