We make it easier for you to buy your first home
It's an exciting time buying your first home. But it can be hard to know where to start when it comes to the important decisions such as choosing the right mortgage.
We have calculators to help you plan and short guides to lead you through every step...
Search our mortgage rates
What kind of mortgage are you looking for?
Find the right mortgage for you, first time. If you've found a house you want to buy, choose a suitable mortgage from our wide range and work out monthly repayments.
Tools to help you plan
Use our range of tools to help you choose the right mortgage for you. Search our mortgage rates, work out how much you can borrow and how future rate changes could affect your repayments.
Our monthly budget calculator also helps you to trim your spending and start saving for your new home.
Are you covered?
Once you exchange contracts, your lender will insist that there is adequate buildings insurance cover in place and it is advisable to also take out contents insurance. This can be arranged to start at a date in the future, so that it's one less thing to think about.
Frequently asked questions
What other people are asking us
Do I always need life insurance?
Life insurance is not always mandatory when taking out a mortgage. However, having the right protection in place gives you and your family peace of mind knowing that financial help will be available if you are no longer able to provide that security. Don't forget that as well as covering any mortgage borrowing you may also wish to make provisions for ongoing household costs. In addition many policies offer optional critical illness cover which can cover events such as heart attacks and long term illness. Find out more about life insurance.
What is a fixed rate mortgage?
It's a mortgage where the rate of interest you pay is fixed for an agreed term. So you always know how much your mortgage payments will be during that term even if interest rates go up or down. At the end of the fixed rate term you'll usually revert to the Standard Variable Rate.
What is a tracker mortgage?
With this type of mortgage the rate of interest you pay is normally the Bank of England base rate plus a set percentage. If the base rate rises or falls, so will your monthly mortgage payments. Tracker rate mortgages usually have a minimum interest rate. At the end of the tracker term you'll usually revert to the Standard Variable Rate.
What does APR mean?
APR stands for Annual Percentage Rate. It is there to help you compare the cost of different mortgage deals. It takes into account the amount of interest you will pay, the term of the mortgage and certain other charges, such as product and valuation fee.
Can I get a mortgage offer before I find my property?
You can choose the mortgage that suits you best and get an 'agreement in principle' from a lender. However, your lender won't make a formal mortgage offer until a valuation has been carried out on the property you wish to buy or remortgage.
What does Bank of England base rate mean?
The official bank rate (also called the Bank of England base rate or BOEBR) is the interest rate that the Bank of England charges banks for secured overnight lending. It is the Government's key interest rate for managing monetary policy.
Any other questions?
View all Common Questions?
We've won more awards
RBS have been awarded ‘Best Mortgage Lender Scotland’ in the 2013/14 Your Mortgage Awards.
In addition we’ve also been awarded ‘Best National Bank’ for the second year in a row in the 2013 ‘What Mortgage’ awards and for the first time we’ve been awarded ‘Best Lender Customer Service’.
Best Mortgage Lender Scotland
Best National Bank
Protecting your money
With our account monitoring and online fraud protection promise, it's no wonder our customers voted us the UKs most trusted big bank for 2013
We are a member of the Financial Services Compensation Scheme (FSCS). The Scheme can pay compensation to customers if they are eligible and the Bank is unable to pay claims against it. Compensation limits for Mortgage advice and arranging (for business conducted on or after 31 October 2004) - maximum £50,000 i.e. 100% of first £50,000 per person