what is the current mortgage rate uk

1 year ago 72
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As of September 22, 2023, the average mortgage rate for a two-year fixed-rate mortgage in the UK is 5.82% . However, mortgage rates can vary depending on the lender, the type of mortgage, and the borrowers financial circumstances. It is important to note that mortgage rates can change frequently and may be affected by economic factors and changes in the Bank of England's base rate of interest. Therefore, it is recommended to check with different lenders and compare their rates to find the best deal that suits your needs.