UK Mortgage Rates
The current Bank of England base interest rate—the rate that largely determines mortgage interest rates—is 2.25 percent. This week, the average interest rates for two and five-year fixed rate mortgages topped six percent for the first time in over a decade, according to Forbes. The Bank of England will reveal its latest decision on the base interest rate on November 3rd.
Last Updated on October 10, 2022 by Ramin Seddiq