Mortgage rates lowest since September 2022

Mortgage rates in the UK have reached their lowest levels since the end of September 2022, providing relief for homeowners and potential buyers. NatWest is now offering a five-year fixed rate of 3.83%, the lowest since September 2022. Following a cut in the Bank of England's base rate from 5.25% to 5%, seven of the ten largest lenders have introduced fixed-rate deals below 4%. Mark Harris, chief executive of SPF Private Clients, noted: "With the base rate now cut and fixed rates falling, there is a greater desire to move." 

Daily Mail (20/08/2024)   The Daily Telegraph (20/08/2024)   The Times (20/08/2024)