Current mortgage rates, and how these are impacting the housing market 📊
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The Bank of England (BoE) meet about every six weeks to decide whether the Base Rate should go up or down, or stay the same.
On 21 September, the Base Rate was held at 5.25%, after 14 consecutive rises since December 2021...
🔹 The current average mortgage rate for a five-year fixed, 85% loan-to-value mortgage is 5.47%, down from 5.49% last week. The lowest rate for this type of mortgage is 5.00%.
What are the current UK mortgage interest rates on Tuesday, 24th October 2023?
📩 To read article in full from Rightmove, click here 📩
If you would like more advice on mortgages, we will ask our Mortgage Specialists to make contact with you - to schedule a call, please email Emma Travers emma.travers@cavendishproperty.co.uk 📧
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#CAVENDISHEXPERTS! The logical choice for Lettings, Sales and Property Management in Nottingham | Cavendish Residential | One Fletcher Gate NG1 1QS | 0115 941 0656 | www.cavendishproperty.co.uk
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