The rating of the best interest rates under the first time buyer loans for 5 years09.06.2020
Bankchart.co.uk has surveyed the terms of the offered first time buyer loans for 5 years in the national currency. Our website's analysts have studied the loan offers from 20 most popular UK banks, which place rates on their websites. Review date - 09.06.2020
As of 03 June 2020 the loans under review have been offered by 10 banks. The average interest rate under such loans equals 2,85 % p.a. The total number of the loan programs available for the specified loan terms is 13.
The most affordable home loan is offered by Santander. The interest rate under "5 year fixed rate (649)" loan program constitutes 1,49 % p.a. The table below shows the best offers by each bank selected by Bankchart.co.uk (in terms of costs) for the aforementioned terms.
The TOP-10 first time buyer loans loan programs for 5 years, as of 03 June 2020
#
Name
Interest Rate, %
1
1,49
interest rate, %
one-time fees
£ 649,00
periodic fees
no
advance from
10,00 %
3
2,05
interest rate, %
one-time fees
no
periodic fees
no
advance from
10,00 %
4
2,15
interest rate, %
one-time fees
no
periodic fees
no
advance from
15,00 %
5
2,34
interest rate, %
one-time fees
no
periodic fees
no
advance from
5,00 %
6
2,34
interest rate, %
one-time fees
no
periodic fees
no
advance from
5,00 %
7
2,44
interest rate, %
one-time fees
no
periodic fees
no
advance from
10,00 %
8
2,49
interest rate, %
one-time fees
no
periodic fees
no
advance from
10,00 %
9
3,00
interest rate, %
one-time fees
no
periodic fees
no
advance from
0,00 %
10
3,39
interest rate, %
one-time fees
no
periodic fees
no
advance from
5,00 %
To view the up-to-date rating of the home loans at our website, click here.
Published: 09 June 2020
Author: Prostobank Consulting
Source: https://bankchart.co.uk/