What are the current UK mortgage rates? Current mortgage interest rates depend on the type of mortgage and your personal circumstances. For example, at the time of writing* average two-year fixed-rate deals range from 4.04% through to 5.56% depending on the size of your deposit and the lend...
» MORE:Where are the cheapest places to rent in the UK? How mortgage rates work Mortgage rates are the interest rate you pay to a lender on the mortgage balance you have outstanding. The lower your mortgage rate, the lower your monthly mortgage repayments tend to be, and vice versa. ...
Are your interest rates changing? You could use our calculator to get an indication of how your payments might change. Interest rate change calculator Mortgage calculators for homeowners If you already have a mortgage with us or want to work out more about your borrowing, we have some calculator...
All lenders will have a standard variable rate (SVR) that fluctuates over time based on changes in the market; as interest rates rise you’ll be charged more interest, but when they fall, you’ll be charged less. Most borrowers tend to avoid SVR mortgages because they often charge higher...
The APRC uses both of these interest rates to show the real cost over the whole term of the mortgage. This helps you to find out whether the mortgage deal with the lowest initial rate is really the cheapest overall. As this assumes you’ll keep the same mortgage for the whole term, it...
This means your repayments could go down if interest rates fall, but will also go up if rates rise. Once the initial fixed or tracker rate period comes to an end you’ll automatically switch over to the Santander standard variable rate, unless you remortgage to a new deal. » MORE:...
Lender411.com finds you the lowest mortgage rates available today. Refinance your home loan or shop for today's best mortgage rates by comparing current interest rates and top mortgage lenders - Lender411.com
With theBank of England raising interest ratesto a 15-year high of 5% to battle high inflation, it's natural for lenders to increase the cost of borrowing to consumers and businesses. But inflation is proving more stubborn than expected, and the bank is expected...
Of course, given so many unknowables, these forecasts might be even more speculative than usual. And their past record for accuracy — due to the volatile nature of interest rates — hasn’t been wildly impressive. Time to make a move? Let us find the right mortgage for you ...
See a round up of the top UK mortgage news - including changes to lender terms and interest rates, market updates and advice for first-time buyers, home movers, remortgages and buy-to-let investors