07/11/2024 | Press release | Archived content
Please find Rightmove's weekly mortgage tracker below.
Headlines
Latest rates data
LTV (loan to value) |
Term |
Average rate 11th July 2024 | Lowest rate 11th July 2024 |
Average rate a year ago |
95% |
2 year fixed | 6.12% | 5.54% | 6.93% |
95% |
5 year fixed | 5.67% | 5.24% | 6.23% |
90% |
2 year fixed | 5.63% | 5.19% | 6.51% |
90% |
5 year fixed | 5.14% | 4.75% | 5.99% |
LTV (loan to value) |
Term |
Average rate 11th July 2024 | Lowest rate 11th July 2024 |
Average rate a year ago |
85% |
2 year fixed | 5.36% | 4.89% | 6.40% |
85% |
5 year fixed |
4.97% | 4.54% | 5.90% |
75% |
2 year fixed |
5.18% | 4.72% | 6.24% |
75% |
5 year fixed |
4.82% | 4.36% | 5.73% |
60% |
2 year fixed |
4.78% | 4.63% | 6.24% |
60% |
5 year fixed |
4.35% | 4.20% | 5.78% |
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 £227,757, for someone taking out an average five-year fixed, 85% LTV mortgage, is now £1,128per month if repaying over 25 years, compared with £1,228 per month a year ago (when the average first-time buyer property asking price was £226,412).
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.