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Mortgage Rates Compared: Which Route Fits Your Property Plan
Rates range from 4.19% to 9.96%, but the cheapest headline rate is not always the lowest-cost route once fees and risk enter the picture.
Quick Picks
Best overall: Barclays Mortgage.
Best budget: HSBC Mortgage.
Best for property investors: Paragon Bank BTL Mortgage.
Mortgage pricing in this list runs from 4.19% for Barclays to 9.96% for Together Money's bridging loan. That spread tells you something important: these are not interchangeable products. A standard residential mortgage, a buy-to-let loan and a bridging facility solve different problems, carry different risks and need different calculations.
The figures supplied here are headline prices, not complete APR or CET equivalents. Before signing, ask for the total cost, arrangement fee, valuation charge, legal costs, early repayment charge and the monthly payment after any introductory period. The cheapest number on the page can become expensive once those items are added.
TvPe is an information and comparison platform, not a bank or mortgage lender. Offers come from third-party providers, and each provider decides eligibility, pricing and approval.
Rates and terms shown are representative. Your actual rate depends on your credit profile and circumstances. This is not financial advice — always read the lender's terms before applying.
Residential Mortgages: Start With the Headline Rate
The first five-year question is simple: are you buying a home, remortgaging, or borrowing against property you already own? Barclays, HSBC, NatWest and Yorkshire Building Society sit in the mainstream residential group, with listed prices clustered between 4.19% and 4.34%. That 0.15 percentage-point gap is small; fees, loan-to-value and the length of the fixed period may matter more.
Barclays Mortgage
Barclays has the lowest listed price in this comparison at 4.19%, which gives it the strongest starting position among the mainstream residential products. The supplied page content does not show the term, fee or loan-to-value band, so the rate cannot be treated as a final cost. I'd put this first for a buyer with a clean application, a deposit already planned and enough cash to compare the product fee against HSBC and Yorkshire Building Society. A 0.10 percentage-point saving sounds meaningful, but on a modest mortgage the fee difference can erase it. Ask Barclays for the representative APR, total payable, fixed-period payment and early repayment charge. Its official mortgage page is the right place to verify current terms: Barclays mortgage information.
Barclays Mortgage
HSBC Mortgage
HSBC is listed at 4.29%, only 0.10 percentage points above Barclays, and its page points borrowers towards a mortgage-rate comparison tool plus support connected with the Mortgage Charter. That makes the product easier to investigate than a bare rate headline, especially for an existing homeowner worried about payment changes. The limitation is transparency in the supplied data: there is no stated fee, term, minimum deposit or representative APR. For a £200,000 balance, a rate difference of 0.10 percentage points is not enough on its own to decide the winner; a £999 product fee or a different fixed period could matter more. Check the lender's live rate finder before treating 4.29% as an offer: HSBC mortgage rates. Best for a homeowner who wants a major-bank comparison journey and may need payment-support information, not for anyone judging products by the headline rate alone.
HSBC Mortgage
NatWest Mortgage
NatWest's listed price is 4.34%, the highest of the four mainstream residential rates here, but its page clearly warns that the property may be repossessed if repayments are not maintained. That warning is not decoration: a mortgage is secured borrowing, and missed payments put the home at risk. The page also says the product is available to people aged 18 and over, though that is only a basic eligibility point, not an approval promise. Compared with Barclays, NatWest needs to justify the extra 0.15 percentage points through a lower fee, a better fixed term or a more suitable loan-to-value band. It belongs on a shortlist for a buyer who already banks with NatWest and values a familiar application route, but the numbers still need to win. Verify the current product details on NatWest's mortgage page.
NatWest Mortgage
Yorkshire Building Society Mortgage
Yorkshire Building Society is listed at 4.29%, matching HSBC and sitting 0.10 percentage points above Barclays. Its page includes Bank of England base-rate information, which is useful context for borrowers trying to understand why tracker and variable payments can move. The key issue is that a base-rate explanation is not the same as a personalised quote: you still need the fixed or variable rate, fee, term and early repayment conditions. This is a sensible comparison point for a buyer who wants a building-society route rather than a large-bank brand, especially if the full product sheet shows a lower fee than Barclays. Do not assume that the identical 4.29% headline means identical monthly payments. Check the lender's current mortgage range at Yorkshire Building Society before applying.
Yorkshire Building Society Mortgage
Precise Mortgages Specialist Lending
Precise Mortgages is the specialist outlier in this cluster: the supplied page lists residential, bridging, product-transfer and intermediary routes, but no price. That missing number is the point. A specialist lender may be relevant when a standard bank does not fit the borrower's income, property or application structure, yet there is no honest way to rank its cost from this data alone. Treat it as a broker-led route rather than a cheap-rate pick. Ask for the interest rate, fee, representative APR, valuation cost, legal charges and any exit or early repayment fee in writing. It may suit a borrower with a non-standard case who has already spoken to an adviser, but not someone who wants a quick apples-to-apples rate table. The official intermediary information is available through Precise Mortgages.
Precise Mortgages Specialist Lending
Those four mainstream rates are close enough that the real decision probably sits in the fee schedule and loan-to-value band. Precise belongs in a separate mental box: useful when the case is unusual, impossible to judge on price from the supplied page. Property investors and homeowners raising capital need a different comparison altogether.
Property Finance Beyond the First Mortgage
Second-charge loans, home-equity lines and buy-to-let mortgages can unlock borrowing without replacing an existing first mortgage, but they also add complexity. The right question is not simply “what is the rate?” It is “what security is being pledged, how long will the debt run, and what happens if the exit plan fails?”
Paragon Bank BTL Mortgage
Paragon Bank's buy-to-let mortgage carries a listed price of 4.50%, above every mainstream residential rate in this set. That difference is not automatically a flaw: buy-to-let underwriting considers rental income, property type and investment risk rather than only a homebuyer's salary and deposit. The supplied page content is thin, so the missing pieces matter even more: maximum loan-to-value, rental stress test, arrangement fee, interest-only availability and whether the rate is fixed or variable. This is the pick to investigate for a landlord buying an investment property, not for someone purchasing a home to live in. Compare the projected rent with the full monthly cost, including insurance, maintenance, tax and vacancy periods. The provider's mortgage page is the source for current criteria: Paragon Bank mortgages.
Paragon Bank BTL Mortgage
Selina Home Equity Line of Credit
Selina's home equity line is listed at 6.39% and allows borrowers to draw, repay and redraw funds as needed, according to the supplied page. That flexibility is the reason to examine it, but it can also make budgeting harder than a fixed lump-sum loan: the balance can change, and the rate structure needs close checking. The page says the rate is lower than personal borrowing, but the comparison is incomplete without the actual APR, fees, draw period and repayment period. Compared with a second-charge mortgage, a line of credit may be more useful for staged renovation spending because the borrower does not necessarily draw everything at once. It is better for a homeowner with usable equity and a planned series of costs than for someone who needs one fixed amount and wants a predictable payment. Review the lender's current terms at Selina's home equity line page.
Selina Home Equity Line of Credit
Selina Homeowner Loan Second Charge Mortgage
Selina's homeowner loan starts at 5.89% in the supplied data and covers borrowing from £5,000 to £500,000 against a property. That range makes it more versatile than a standard unsecured personal loan for a sizeable renovation or debt-consolidation plan, but the security is serious: the property is at risk if repayments fail. The page mentions professional advice and debt consolidation, yet it does not show the representative APR, arrangement fee, term or early repayment charge. Compared with Selina's 6.39% home-equity line, the headline rate is 0.50 percentage points lower, but the products may have different repayment mechanics and eligibility rules. I'd investigate this for a homeowner with stable income, substantial equity and a clear reason for borrowing at least £5,000. It is not a shortcut around affordability checks.
Selina Homeowner Loan Second Charge Mortgage
Central Trust Second Charge Mortgage
Central Trust lists a 9.69% price, borrowing from £10,000 to £250,000 over 3 to 30 years, with applications considered across employed, self-employed, pension and benefit income profiles. The page also says funds could arrive in as little as three days and that all credit histories are considered. Those details make it relevant to a homeowner whose application may not fit a high-street lender, but the price is dramatically above the mainstream mortgage rates in this comparison. A long 30-year term can reduce the monthly payment while increasing the total interest, so ask for the total payable at several terms rather than focusing on the monthly figure. The secured-loan warning is central: the home is collateral. This route belongs with a regulated adviser and a written affordability calculation, especially for borrowers consolidating existing debts.
Central Trust Second Charge Mortgage
The numbers change sharply once you move beyond a first-charge residential mortgage. Selina's 5.89% homeowner loan is far below Central Trust's 9.69%, while Together's bridging price is higher still. Flexibility and speed can be useful, but they are not free; a borrower should calculate the exit plan before signing any secured or short-term facility.
Short-Term Bridging: Only With a Real Exit Plan
Bridging finance is not a cheaper mortgage. It is temporary borrowing used to cover a timing gap, such as buying before selling or funding a refurbishment. The rate here is nearly double the lowest mainstream residential figure, so the holding period and exit route matter more than a neat monthly-payment comparison.
Together Money Bridging Loan
Together Money's bridging loan is listed at 9.96%, the highest priced product in this ranking, and the page describes uses including buying before selling, refurbishment funding and quick purchases. That makes the purpose clear: this is a timing tool, not a long-term home loan. The page does not provide the full fee schedule, term, exit fee or representative APR, so the 9.96% figure is only the beginning of the calculation. Ask whether interest is paid monthly, retained or rolled up, then model the cost if the property sale or refinance takes longer than expected. Compared with Barclays at 4.19%, the rate gap is 5.77 percentage points; a bridge needs a credible short exit window to justify that premium. This is for an experienced buyer, developer or homeowner with a documented sale or refinance route, not for covering an open-ended affordability gap.
Together Money Bridging Loan
Comparison Table
The table separates the listed price from the product's actual role. A lower headline rate does not make a bridging loan, buy-to-let product or second-charge loan interchangeable with a residential mortgage.
| Product | Type | Listed price | Key detail | Best for |
|---|---|---|---|---|
| Barclays Mortgage | Residential mortgage | 4.19% | Lowest listed mainstream rate | Buyers comparing standard mortgages |
| HSBC Mortgage | Residential mortgage | 4.29% | Rate comparison tool and Mortgage Charter support information | Homeowners wanting a major-bank route |
| Yorkshire Building Society Mortgage | Residential mortgage | 4.29% | Base-rate information on the page | Borrowers comparing a building-society provider |
| NatWest Mortgage | Residential mortgage | 4.34% | Repayment and repossession warning shown | Mainstream applicants seeking a bank route |
| Paragon Bank BTL Mortgage | Buy-to-let | 4.50% | Investment-property lending | Landlords assessing rental property |
| Selina Homeowner Loan | Second-charge secured loan | 5.89% | £5,000 to £500,000 against property | Homeowners with equity and a large borrowing need |
| Selina Home Equity Line of Credit | Home-equity line | 6.39% | Draw, repay and redraw funds | Staged renovation or flexible spending |
| Central Trust Second Charge Mortgage | Secured homeowner loan | 9.69% | £10,000 to £250,000; 3 to 30 years | Homeowners with more complex credit profiles |
| Together Money Bridging Loan | Bridging loan | 9.96% | Buying before selling or refurbishment funding | Short-term property transactions |
| Precise Mortgages Specialist Lending | Specialist residential, bridging and BTL | Not supplied | Intermediary-led specialist range | Non-standard cases using an adviser |
For a standard home purchase, start with Barclays, then compare HSBC, Yorkshire Building Society and NatWest on total cost rather than rate alone. Landlords should examine Paragon's rental stress test and fees; homeowners needing extra capital should compare Selina's secured products carefully. Use Together Money only when the exit date is credible, and treat Precise as an adviser-led specialist route rather than a rate bargain.
Compare before applying: the rate is only one line of the mortgage bill, and the property remains at risk if secured repayments fail.