09/25/2024 | Press release | Distributed by Public on 09/25/2024 04:44
Please find Rightmove's weekly mortgage tracker below.
Headlines
Latest rates data
LTV (loan to value) |
Term |
Average rate 25th September 2024 | Lowest rate 25th September 2024 |
Average rate a year ago |
All |
2 year fixed | 4.93% | 3.94% | 6.07% |
All |
5 year fixed | 4.58% | 3.70% | 5.53% |
LTV (loan to value) |
Term |
Average rate 25th September 2024 | Lowest rate 25th September 2024 |
Average rate a year ago |
95% |
2 year fixed | 5.58% | 5.29% | 6.41% |
95% |
5 year fixed | 5.21% | 4.99% | 5.87% |
90% |
2 year fixed | 5.40% | 5.04% | 6.34% |
90% |
5 year fixed | 4.88% | 4.49% | 5.72% |
LTV (loan to value) |
Term |
Average rate 25th September 2024 | Lowest rate 25th September 2024 |
Average rate a year ago |
85% |
2 year fixed | 4.94% | 4.49% | 6.16% |
85% |
5 year fixed |
4.61% | 4.12% | 5.60% |
75% |
2 year fixed |
4.68% | 4.14% | 5.88% |
75% |
5 year fixed |
4.37% | 3.89% | 5.34% |
60% |
2 year fixed |
4.15% | 3.94% | 5.71% |
60% |
5 year fixed |
3.87% | 3.70% | 5.15% |
Rightmove can provide average monthly mortgage payments based on the latest available asking price and mortgage rate data. For example, the average monthly mortgage payment on a first-time buyer type property which is currently £227,191, for someone taking out an average five-year fixed, 85% LTV mortgage, is now £1,095per month if repaying over 25 years, compared with £1,191 per month a year ago (when the average first-time buyer property asking price was £223,614).
Average mortgage rates to be credited to Rightmove. The data is provided by specialist mortgage technology provider Podium Solutions. The data covers 95% of mortgage lending, to exclude specialist lenders. All rates are based on products with a circa £999 fee. If you would like further data on different LTVs or fixed terms, please contact us.