See all the mortgages on offer from the Royal Bank of Scotland. See how the RBS product range compares side-by-side with other lenders using the search and compare tools below. Get the full product information from interest rates, charges and monthly mortgage costs.
Products: Mortgage Lenders
The Royal Bank of Scotland offer a range of mortgages solutions with rates at the lower end of spectrum. Choose any 'cashback' mortgage deal, apply with the RBS and they’ll pay £250 cashback to your solicitor on the day you drawdown your mortgage. The offer is only available on selected mortgages marked with ‘cashback’ and can be changed or withdrawn at any point. Early repayment charges may apply. Max LTV is 90%. You could borrow up to 95% of the value of the property you wish to purchase, with a deposit of at least 5% but less than 10%. The property you’re purchasing should be worth less than £600,000 and not a new build property. The mortgage solutions offered by the RBS include:
With a fixed rate mortgage, the interest rate remains the same for a set period. This means that your mortgage payment would be the same amount every month during that period.
A tracker mortgage is a type of variable rate mortgage where the interest rate tracks another rate such as the Bank of England Base Rate at a set margin above or below that rate.
An offset mortgage gives you the opportunity to offset credit balances on your current and savings accounts against your mortgage balance. This would reduce the amount of interest you are charged, whilst maintaining your monthly Direct Debit amount so that you will in effect make regular overpayments on your mortgage.
With a fixed rate mortgage, the interest rate remains the same for a set period of time. This means that your mortgage payment would be the same amount every month during that period.
This is where you only pay the interest on your mortgage and nothing off the initial amount borrowed.
Like most of their competitors, they do have a personalized mortgage application on their website, which has the impact on your credit rating, but does allow customers to see how much they would be able to borrow and at what rate.
The Royal Bank of Scotland provide online account management and the ability to manage your account on your mobile or tablet which means that you have control of the mortgage, and can keep an eye on your remaining balance.
After completing an application online, you will be granted an agreement in principle – this is not their final decision. Once The Royal Bank of Scotland have completed their credit assessment process and you’ve been accepted, the funds will then be transferred to the The Royal Bank of Scotland account specified on your application.
The Royal Bank of Scotland have years of experience in dealing , however, it does seem that they have been providing their customers with less than perfect customer service. If you’ve got good credit and have been happy with your The Royal Bank of Scotland experience then it is worth investigating, but if you have any doubts at all that you’ll be accepted then shop around.