RBS Fixed Rate Mortgage: When you’re planning to buy a home or remortgage your existing property, a fixed rate mortgage offers security and peace of mind. The Royal Bank of Scotland (RBS) provides a variety of fixed rate mortgage options tailored to meet the needs of UK homebuyers in 2025.
In this guide, we’ll cover everything about RBS fixed rate mortgage, including current interest rates, repayment periods, eligibility criteria, and how to apply.
Royal Bank of Scotland (RBS) is a trusted name when it comes to fixed-rate mortgages in 2025. A fixed-rate mortgage provides you with stability when there is uncertainty about interest rates in the market.
This means your monthly repayments will remain the same for a fixed period, no matter how much the Bank of England base rate changes. It’s an ideal option for people who want to keep their monthly budget fixed and avoid surprising financial changes.
In this comprehensive guide, we’ll take a closer look at RBS’s fixed-rate mortgage products.We will not only look at their current interest rates and repayment periods but also explain the eligibility criteria in detail. Also, we will tell you how to apply for it, what are the advantages and disadvantages are and whether it is the best option for you or not.”
🔹What is a Fixed Rate Mortgage?
A fixed rate mortgage means your interest rate stays the same for a set period – usually 2, 3, 5, or even 10 years. It helps you manage monthly expenses as the repayments remain predictable.
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🔹Why Choose RBS For a Fixed Rate Mortgage
RBS (Royal Bank of Scotland) is one of the most trusted banks in the UK. Their fixed rate mortgage products are:
Competitive in pricing
Suitable for first-time buyers, remortgagers, and home movers
Easy to apply for Online
🔹RBS Fixed Rate Mortgage -key features (2025)
Feature Description
| Feature | Descrption |
| Fixed rate period | 2, 3, 5, and 10 years |
| Interest Rates ( July 2025) | Starting from 5.19% APR (depending on LTV) |
| Loan to Value (LTV) | Up to 90% LTV available |
| Over payments | Allowed up to 10% per year |
| Early Repayment Charges | Apply during fixed rate period |
| Minimum Loan Amount | £25,000 |
| Term Length | 5 – 35 years |
Note: Interest rates are subject to change based on credit profile and property value.
🔹 Eligibility Criteria
To apply for an RBS fixed rate mortgage, you must:
Be 18 years or older
Have a regular income
Be a UK resident
Pass a credit check
Provide details about income, debts, and property value
RBS will also assess affordability based on your financial situation
🔹How to Apply for RBS Fixed Rate Mortgage
Here’s a simple step-by-step process:
1. Visit the official RBS mortgage portal
2. Use the RBS Mortgage Calculator to check estimated monthly payments
3. Choose your fixed rate term (2, 5, or 10 years)
4. Submit an online application or book an appointment with a mortgage advisor
5. Upload documents for ID and proof of income
6. Wait for approval and mortgage offer
🔹RBS Fixed Rate Mortgage Pros and Cons
✅ Pros:
Predictable monthly repayments
Competitive fixed interest rates
Flexible overpayment options
❌ Cons
Early repayment fees may apply
Fixed rate may be higher than tracker rates initially
🔹FAQs About RBS Fixed Rate Mortgage
❓ What happens after the fixed rate period ends?
You’ll usually move to the RBS Standard Variable Rate (SVR), which can be higher. You can choose to remortgage to another fixed rate deal before the term ends.
❓ Can I make early repayments?
Yes, RBS allows you to repay up to 10% of your mortgage balance each year during the fixed rate period without penalty.
❓ Are RBS fixed mortgages available for buy-to-let properties?
No, RBS currently offers fixed rate mortgages only for residential purposes.
❓ Can I overpay on my RBS fixed rate mortgage?
Yes, like most lenders, RBS usually allows you to overpay on your fixed rate mortgage. However, there are usually limits on how much you can overpay without incurring an early repayment charge (ERC). Often, you can overpay up to 10% of your outstanding mortgage balance each year without any penalty. It’s important to check the terms and conditions of your specific mortgage offer with RBS to understand your exact overpayment allowance and any potential charges.
What happens when my RBS fixed rate mortgage ends?
When your fixed rate term with RBS ends, your mortgage will usually revert to the lender’s standard variable rate (SVR). The SVR is usually higher than your previous fixed rate rate and can change at any time. Before this happens, RBS will usually contact you to discuss your options, which often include refinancing with them onto a new fixed rate product (product transfer) or moving to another lender. To avoid moving onto a potentially more expensive SVR, it’s worth starting to consider your options a few months before your fixed rate term ends.