The Royal Bank of Scotland (RBS) is one of the UK’s leading financial institutions, offering a variety of mortgage options to homebuyers and property investors. In 2025, RBS mortgage rates have gained attention due to competitive offers and rate changes in response to the Bank of England’s decisions.
Whether you’re a first-time buyer, remortgaging, or looking for a buy-to-let property, understanding RBS mortgage products is crucial.
Types of Royal Bank of Scotland Mortgage Rates:
RBS offers several types of mortgages, tailored to different financial needs and goals:
Fixed-rates of Mortgage
Topics
A fixed-rate mortgage offers peace of mind by locking in your interest rate for a specific period (usually 2, 5, or 10 years). This means your monthly payments stay the same even if interest rates rise.
Example (as of mid 2025)
2-year fixed: 4.20% APR
5-year fixed: 4.45% APR
Tracker Mortgages
Tracker mortgages follow the Bank of England base rate. When the base rate changes, your mortgage rate changes too. RBS typically offers a margin above the base rate.
Example:
Base Rate (5.25%) + 1.00% = 6.25% APR
First-Time buyers Mortgages
RBS has special offers for first-time buyers, including lower deposit requirements and cashback incentives.
Factors Influencing RBS Mortgages Rates
Several key elements affect Royal Bank of Scotland mortgage rates:
Bank of England base rate
Loan-to-value ratio (LTV) – lower LTV means better rates
Credit score – better score may help you qualify for lower interest
Loan term – shorter terms often come with lower rates
RBS Mortgages Calculator Tool
RBS provides an online mortgage calculator to estimate monthly payments based on property value, deposit amount, and term. This is a helpful tool for budgeting and planning.
How to Apply for an RBS Mortgages
Step-by-Step Process
1. Check eligibility – RBS offers pre-approval tools
2. Compare rates – Choose between fixed, tracker, or variable
3. Submit application – Provide ID, income proof, credit history
4. Property valuation
5. Offer & completion
Pros and Cons RBS Mortgages
Pros
Competitive fixed and tracker rate options
Strong customer service
Support for first-time buyers
Trusted brand with long-standing reputation
Cons
Limited flexibility for overpayments in some deals
May not always offer lowest rates compared to brokers
Is a Royal Bank of Scotland Mortgage Right for you?
The decision to choose Royal Bank of Scotland Mortgage Rates:depends on your financial situation and preferences. If you prefer a traditional, reputable lender with a wide product range and strong customer support, RBS may be a great fit.
However, always compare multiple lenders before finalizing your choice.
Frequently Asked Questions (FAQ) About Royal Bank of Scotland Mortgage Rates
🔹 Q1: What is the current mortgage rate at Royal Bank of Scotland in 2025?
A: As of mid-2025, RBS offers fixed mortgage rates starting around 4.20% APR for a 2-year fixed term and 4.45% APR for a 5-year fixed term. Tracker mortgage rates depend on the Bank of England base rate, currently around 6.25%. Rates can vary based on your credit profile and loan amount.
🔹 Q2: Are RBS mortgage rates good compared to other banks
A: RBS mortgage rates are competitive, especially for first-time buyers and customers with good credit. However, it’s always smart to compare rates from multiple lenders or use a mortgage broker before making a decision.
🔹 Q3: Can I get a mortgage from RBS with a low deposit?
A: Yes, RBS offers mortgage options for customers with as little as 5% deposit (95% LTV), particularly for first-time buyers. These deals may come with slightly higher interest rates.
🔹 Q4: How can I check my eligibility for an RBS mortgage?
A: You can visit the official RBS website and use their mortgage eligibility checker. It’s a free tool that gives you an idea of which mortgages you could qualify for—without affecting your credit score
🔹 Q5: Does RBS offer buy-to-let mortgages?
A: Yes, RBS does offer buy-to-let mortgage options for landlords and property investors. These usually require a larger deposit (typically 25%) and may have different interest rates and terms.
🔹 Q6: Can I overpay my RBS mortgage?
A: Many RBS mortgage products allow overpayments up to 10% per year without penalty. Always check your individual mortgage terms or speak with an advisor before making large overpayments
🔹 Q7: How do I apply for a mortgage with RBS?
A: You can apply online, by phone, or by visiting an RBS branch. You’ll need to provide documents like ID, proof of income, bank statements, and information about the property.
🔹 Q8: What happens if interest rates go up after I take a mortgage?
A: If you’re on a fixed-rate mortgage, your monthly payment will stay the same until the fixed term ends. If you’re on a tracker or variable rate, your payment will rise if the Bank of England increases the base rate.