Fixed rate mortgage
Provides you with an agreed interest rate for a specified period of time. This means you repay a defined monthly amount for the fixed rate period, giving you certainty and helping with planning ahead and your budgeting.
Our fixed terms are 2, 3, 4, 5 and 10 years. We work together with you to understand your needs and circumstances to deliver the right solution for you.
At the end of the agreed term, your fixed rate reverts to the Handelsbanken Standard Variable Rate.
Tracker rate mortgage
A tracker mortgage tracks the Handelsbanken Base Rate, so as this rises and falls your repayment will follow. This means you can take advantage of any falls in the Handelsbanken Base Rate, but you should be prepared if you need to make higher payments if interest rates go up.
We offer 1, 2, 3 and 5 year tracker rate mortgages. At the end of the agreed term, your tracker rate will revert to the Handelsbanken Standard Variable Rate.
Please note that the Handelsbanken Base Rate is based on the bank’s true cost of funding rather than tracking the Bank of England Base Rate, and they may not rise and fall in the same way.
Our Cashpool mortgages enable you to link your mortgage with your Handelsbanken savings and/or current account. These balances are used to offset the amount of interest charged on your mortgage, while retaining access to the money in your accounts. The result is that as well as reducing the amount of interest you pay overall, you will also either reduce the term of your mortgage (with a repayment mortgage) or reduce your monthly repayment (with an interest only mortgage).