expanded Sainsbury's Bank Mortgages

Sainsbury's Bank Mortgages

Fit for real life

A house isn't necessarily a home - it's who's in it that brings it to life. Our mortgages have been designed with our customers in mind, so whether you're starting out on the ladder, you're a seasoned mover or you've found your forever home – we've got a mortgage to suit you.

Why get a mortgage with us?

Here are just some of the things that can make our mortgages work for you:

  • A range of fixed and variable rate products
  • Up to 90% loan to value (on mortgages up to £500,000) – so just a 10% deposit
  • Overpay up to 10% of your outstanding balance each year without charge (terms and conditions apply to all our flexible features)

A little something extra

  • When you take out a mortgage with us we'll help you make your budget go a bit further with our added shopping reward

Our mortgage calculator

Use our calculator to get an idea of what you can borrow and your monthly payments.

Our mortgage guides

Handy information for wherever you are on the ladder.

Already have a mortgage with us?

Borrowing more, overpaying and everything in between for our existing customers.

First time buyers

We're with you every step of the way – with a range of tools, information and mortgages.

Moving home

All about our mortgages plus guidance for a smooth move.


When your initial rate is coming to an end, we’ve got plenty of mortgages to choose from.

About our mortgages

The right mortgage for you

We've got a variety of mortgage products and mortgage rates to choose from which we've built with your needs in mind. Whether you're taking your first step onto the housing ladder, you're looking to remortgage your home or moving house – we'll help you find the right mortgage.

We have two main types of mortgage products available – Fixed rate and Tracker rate.

Fixed Rate

Our Fixed rate mortgages have an interest rate that stays the same for an agreed period of time. This means you can be sure of exactly what you'll be paying on your mortgage each month, as your mortgage rate won't change during the fixed rate period.

With this type of mortgage you:

  • Can fix your rate for 2 or 5 years
  • Can get up to 90% loan to value
  • Could pay off your mortgage balance quicker, by taking advantage of our option to make overpayments of up to 10% each year on your mortgage balance without incurring early repayment charges
  • Can choose from a wide range of fixed rates including those with or without product fees

Take a look at our mortgage rates (PDF, 441KB).

Tracker Rate

Our Tracker rate mortgages have a variable interest rate that is set at a margin above the Bank of England base rate. It then tracks the movements of this base rate for a period of 2 years. At the end of the 2 year period, your mortgage rate will revert to our Standard Variable Rate, at which point you are free to look at other rate options that are available.

With our Tracker rate mortgage you:

  • Should remember that the rate you'll pay could change from month to month. This means you'd benefit from lower monthly payments when rates are low, but your monthly payments would increase if the base rate went up
  • Can get up to 90% loan to value
  • Could pay off your mortgage balance quicker by taking advantage of our option to make overpayments of up to 10% each year on your mortgage balance without incurring early repayment charges

Take a look at our mortgage rates (PDF, 441KB).

Our lending limits

The amount we will lend depends on your personal circumstances. However, as a guide the minimum amount we will lend is £40,000 and the maximum is £1,000,000. The table below shows the loan to value we may offer based on the amount of lending you require:

Amount of lending What we may be able to lend
£40,000-£500,000 Up to 90% Loan to Value
£500,001-£750,000 Up to 80% Loan to Value
£750,001-£1,000,000 Up to 75% Loan to Value

Paying back your mortgage

With our mortgages your monthly repayments go towards paying off the capital amount you borrowed as well as the interest on it. This means the capital amount goes down throughout the mortgage term, and by the end of it, you've repaid your mortgage in full if you've kept up your repayments. This type of mortgage is called Capital and Interest or sometimes a Repayment mortgage.

Use our mortgage calculator

How to apply

How to apply for a Sainsbury's Bank mortgage

With so many choices to make when deciding on the right mortgage, Sainsbury's Bank is here to help. Call us on 0345 111 8010** to talk to one of our qualified mortgage advisers, who will take time to understand your needs and personal circumstances before making a tailored recommendation.

When you're ready the mortgage adviser will take you through the whole application over the phone.  

Find out more about what to expect when applying for your mortgage:

Applying for your first mortgage Applying for a mortgage to move home Applying for a remortgage

Existing customers

Already a Sainsbury’s Bank Mortgage customer?

We know that life is constantly changing and there will be times that you need your mortgage to change with you. Maybe you want to pay slightly more every month, take a payment holiday, or want to know if you can borrow a bit more – our team are here to help.

If your mortgage completed after 2016

Customer support

If you first took your mortgage with us before 2005

Please call us on 0800 838 295 and we'll be happy to help. Calls to this number are free from landlines and mobiles.

Mortgage calculator

Find out more

The mortgage is secured on your home. Your home may be repossessed if you do not keep up repayments on your mortgage. Lending subject to status.