Mortgage Interest Rates 2024 Uksup. The bank of england made the first cut to interest rates in four years in august 2024, giving hope to mortgage holders that the borrowing squeeze is coming to an end. However, as mentioned this is an average and the exact rate offered to you will.

Average 2 year fixed mortgage rate at 60% ltv was 4.59%; Uk mortgage interest rates can change quickly at the moment, depending on the current cost of swap rates, bank of england (boe) base rate announcements, and lenders’.