Mortgage Rate Today 2024 Uk. The number of residential mortgage. On 3 july 2024, the current average mortgage interest rate on 2 fixed rate mortgage at 60% ltv was 4.82%.

The average standard variable rate has increased from 4.48% on 1 july 2020 to 8.17% on 1 july this year, according to moneyfacts data. A mortgage of £2,127,449 payable over 20 years would require 24 monthly payments of £13806.24 and 216 monthly payments of £16851.40.