If you’re a first time buyer, then RBS have a fixed rate moretgage with no product fee, that could be right up your street.

The RBS.co.uk Five Year Fixed Rate Mortgage has a 6.39% interest rate, fixed until 30th April 2016, and after that its 4.0% variable. The overall cost for comparison is 5.2% APR as on 08/02/2011

This mortgage deal from RBS is only available to first time home buyers, and there are early repayment charges if you want to switch mortgages before the end of the fixed rtae term of 30th April 2016. You can borrow up to 90% loan to value, so you’ll be needing a 10% deposit for this first time buyers mortgage.

The rbs.co.uk/mortgages website will give you all the information you need with up to date interest rates and application details.