Compare Handelsbanken mortgage rates and fees

Handelsbanken offers a range of fixed and variable rate mortgages that could be suitable for you.

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Swedish-owned Handelsbanken has been operating in the UK since 1982 and now has over 200 British branches. Whether you’re looking for a mortgage on a new home or switching, Handelsbanken ensures that you are guided through the process and informed of decisions as soon as they are made.

What types of mortgage can I get with Handelsbanken?

  • Fixed rate Your interest rate is locked for a set amount of time.
  • Remortgages You can switch from your existing mortgage provider via one of Handelsbanken’s remortgage products.
  • Interest-only With this mortgage, your monthly repayments will only consist of mortgage interest. You’ll repay the capital at the end of the mortgage term.
  • Discounted rate Your interest rate remains locked a specific percentage below the lender’s standard variable rate.
  • Tracker With tracker mortgages, the interest rate shifts up and down alongside another public available interest rate. With this lender, the rate tracks the Handelsbanken Base Rate. The lender describes this as the bank’s true cost of funding.
  • Offset With this mortgage, you can use the balance of your Handelsbanken savings account to offset the amount of your mortgage balance you pay interest on.
  • Buy to let This mortgage allows you to borrow money to buy an additional property and let it out.
  • Shared ownership This mortgage allows you to buy a percentage of a property and pay rent on the remainder. You can then apply to buy additional properties as and when you can afford it.

How to apply

You can apply for a mortgage by calling 0800 470 8000 or visiting a local branch.

What information is needed to apply?

You’ll need to provide personal details, employment history, address history and details about your finances. This will have to be backed up by payslips and copies of recent bank statements.

Eligibility criteria

You must be at least 18 years old , and no older than 75 when the mortgage term is due to end. Temporary or zero-hour workers won’t be accepted.

There is no official minimum income to be considered for a residential mortgage and you may still be considered even after having impaired your credit score with CCJs, defaults or previous mortgage arrears. Nevertheless, every applicant will be subject to affordability and credit checks.

Contact information

For general queries, call 0800 470 8000 or visit a local branch.

Handelsbanken mortgage customer reviews

On customer reviews platform Trustpilot, Handelsbanken’s rating is for the bank as a whole, not its mortgages specifically. Handelsbanken has a score of 2.7 out of 5 stars and a rating of “Poor”, based on more than 60 reviews.

Opinions are split over the level of the bank’s customer service – some reviewers report helpful and friendly staff, whereas others say the bank has lost its way when it comes to its treatment of customers.

Think carefully before securing debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.

Frequently asked questions

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables has the source: Moneyfacts Group PLC. In other cases, Finder has sourced data directly from providers.

Written by

Matthew Boyle

Matthew Boyle is a banking and mortgages publisher at Finder. He has a 7-year history of publishing helpful guides to assist consumers in making better decisions. In his spare time, you will find him walking in the Norfolk countryside admiring the local wildlife. See full profile

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