Rightmove plc

11/13/2024 | Press release | Archived content

Rightmove’s weekly mortgage tracker

Rightmove's weekly mortgage tracker

Please find Rightmove's weekly mortgage tracker below.

The current average asking price of a typical first-time buyer property is £227,570. For someone taking out an average five-year fixed, 85% LTV mortgage, the average monthly mortgage repayment on this type of home is now £1,087 per month if repaying over 25 years, compared with £1,187 per month a year ago (when the average first-time buyer property asking price was £225,244).

Latest rates data

Term Avg rate Weekly change Yearly change Lowest rate Weekly change Yearly change
2-year fixed 5.01% +0.09% -0.69% 3.96% +0.00% -1.01%
5-year fixed 4.76% +0.11% -0.49% 3.84% +0.00% -0.64%

Average fixed-term mortgage rates for home-buyers with 5-10% deposits

Loan to Value (LTV) Term Avg rate
06 Nov 2024 		Avg rate
13 Nov 2024 		Weekly Change Yearly Change
95% 2-year fixed 5.55% 5.60% +0.05% -0.46%
95% 5-year fixed 5.21% 5.28% +0.07% -0.34%
90% 2-year fixed 5.33% 5.43% +0.10% -0.46%
90% 5-year fixed 4.89% 5.00% +0.11% -0.36%

Average fixed-term mortgage rates for home-buyers with 15-25% deposits

Loan to Value (LTV) Term Avg rate
06 Nov 2024 		Avg rate
13 Nov 2024 		Weekly Change Yearly Change
85% 2-year fixed 4.94% 5.04% +0.10% -0.80%
85% 5-year fixed 4.69% 4.78% +0.09% -0.54%
75% 2-year fixed 4.68% 4.72% +0.04% -0.84%
75% 5-year fixed 4.47% 4.57% +0.10% -0.61%

Average fixed-term mortgage rates for home-buyers with 40% deposits

Loan to Value (LTV) Term Avg rate
06 Nov 2024 		Avg rate
13 Nov 2024 		Weekly Change Yearly Change
60% 2-year fixed 4.15% 4.22% +0.07% -0.90%
60% 5-year fixed 4.05% 4.14% +0.09% -0.59%