Bank of China (UK) Ltd Mortgages

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You have a 75% loan-to-value
  • Bank of China (UK)'s logo'

    Bank of China (UK) Variable

    • Initial Rate
      2.59% Variable
    • APRC
    • Product Fee
    • Monthly Repayment
    Continue on Fluent Mortgages' website + More info
  • Bank of China (UK)'s logo'

    Bank of China (UK) 3 Year Fixed

    • Initial Rate
      2.93% Fixed for 3 years
    • APRC
    • Product Fee
    • Monthly Repayment
    Continue on Fluent Mortgages' website + More info

Your home may be repossessed if you do not keep up repayments on your mortgage.

The mortgage data above was supplied by Moneyfacts Group Plc and is updated at the time of mortgage search. The figures and data provided in our tables are for illustration purposes only. While we make every effort to ensure the accuracy of this data you should always confirm the terms on offer with the provider/broker. We do not give any financial advice.

Our mortgage comparison service is partnered with Fluent Mortgages for selections made outside of our featured lenders. Featured lenders are firms with whom we have a direct commercial relationship.

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Last updated on 01 February 2021.

Bank of China Ltd Mortgages FAQ

What mortgages does the Bank of China Ltd offer?

The Bank of China Ltd offers a range of mortgages. Choosing the right mortgage is a matter of reviewing your circumstances, outgoings, income and savings to find the best deal.

What is a fixed-rate mortgage?

Fixed rate mortgages from the Bank of China are secured loans with a constant rate of interest on your monthly payments. Instead of fluctuating with the economy and the Bank of England base rate, fixed-rate mortgages lock in a rate for an agreed period. This means that your repayments will be steady and predictable, even if the base rate changes during that time.

Does the Bank of China offer tracker mortgages?

Yes, like many providers, the Bank of China offers tracker mortgages. These come with a fluctuating rate of interest that tracks the Bank of England base rate. Tracker mortgages mean that the interest rate on your mortgage – and thus your monthly payments – can go up as well as down over the agreed period.

What loan-to-value options are there with Bank of China mortgages?

LTV or loan-to-value (LTV) is the percentage of the property’s value covered by the mortgage. If, for example, you take out a mortgage from the Bank of China with an LTV of 75%, the loan would cover 75% of the property’s value while your deposit covered the remaining 25%.

Does a high loan-to-value mortgage cost more?

As a general rule, high loan-to-value mortgages will have higher interest rates which will increase their overall cost. This is because the lender is shouldering a larger share of the property’s value and thus is taking on a higher risk.

Can I get a Bank of China mortgage if I have a poor credit score?

A low credit score might block you from accessing a mortgage from some providers entirely, due to your higher perceived risk. For those who are willing to lend, there may be a caveat attached, such as higher interest on your mortgage, as the provider will be keen to reduce risk in the event of default.

What happens if I default on a Bank of China mortgage?

Defaulting on any mortgage can have serious consequences and ultimately you are at risk of your home being repossessed. You should assess your financial situation carefully before committing to a mortgage and if you do find yourself at risk of missing payments, speak to your mortgage provider to discuss your options before you miss a payment rather than dealing with the consequences afterwards.

Services offered by this provider may change over time. Always check Ts&Cs.