British Rates

British Rates

British Rates - British rates refer to the various interest rate structures on mortgages available in Britain. British mortgage lenders have fixed, tracker, capped and standard variable rate packages.

Fixed mortgage rates are fixed at a certain interest rate for a specified period of time. Such packages offer borrowers peace of mind as they know exactly what mortgage payments will in that period regardless of changing market conditions.

Tracker rate mortgages, on the other hand, follow the Banks of England’s base rate meaning that there is a tendency for mortgage payments to fluctuate. However, these mortgages can be particularly advantageous when interest rates decline as monthly mortgage payments will also fall.

Capped rate mortgage packages are mortgages with a maximum capped interest rate. As such, if the variable rate goes higher than your agreed capped rate borrowers will have to pay no more than the agreed capped rate.

At the end of a fixed, tracker or capped rate deal, borrowers normally revert to a lenders often higher Standard Variable Rate (SVR) which is determined entirely at each Lender's discretion.

Clearly, different rate structures can have varying effects on ones situation and finances. Our advisers at Capital Fortune will discuss the advantages and disadvantages of all British rates and further assist you in obtaining a suitable package.

We are a British mortgage broker based in the City of London. We have an extensive, British and overseas mortgage client base. We understand the needs of British Expats and Foreign Investors wishing to secure British mortgages. We appreciate many of the reasons a client may have for wishing to purchase or remortgage a property in Britain. As such, we will use our knowledge of the mortgage market and British rates to find the optimum solution for you.

Call our mortgage broker team now on 020 77 100 400 or complete the Mortgage Enquiry Online. As part of our service, we will call you back.

The Financial Conduct Authority does not regulate some forms of buy to lets, commercial mortgages, secured loans, unsecured loans, bridging loans, trusts, overseas mortgages, conveyancing or debt management.

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Selected Expat and Offshore Worker Mortgages

A selection of some of our lenders mortgage products and rates are shown below. Contact us for a quote specific to your circumstances. Table data updated 26/07/2017.

For /
Fixed Lender
% Lender




30/09/2019 4.59% 4.70% 2% in year 1, then 1% in year 2 £995


Expat Buy to Let to75% LTV

Repayment or Interest Only

Expat and UK Resident Joint Application.



3.19% Discount


5.70% 5.70% 3% in year 1, then 2% in year 2 £0 0.75%

Expat Residential to 80% LTV

Second Home or UK Base



1.69% Discount 31/07/2019 5.70% 5.70% 1% until 31/07/2019 £199 None

Expat Residential to 75% LTV

Free Standard Valuation.

Either: immediately returning to the UK or UK resident and Expat Joint Application.



2.89% Discount 2 Years 5.70% 5.70% 3% in year 1, then 2% in year 2 £0 0.75%

Expat Buy to Let

Max 50%-75% LTV (product dependant)

First Time Buyers / Pure Expat Applicants Considered


1.24% Fixed 30/11/2019 3.75% 3.75% 2% in year 1 & 2 £995 None

Expat Residential

Max 60% to 90% LTV (product dependant)

UK resident and Expat Joint Application



 2.80% Discount  2 Years  5.29%  5.29%  2% in year 1, then1% in year 2  £995  None 

Expat Holiday Let

Max 60% - 75% LTV (product dependant) 

007  3.60% Fixed 31/08/2019  4.00%  4.00%  2% in year 1,then 1% in year 2  None  1% 

Expat Buy to Let

Max 65% - 75% LTV (product dependant)

Personal income used (not based on rental income)