Interest rate on new mortgages in the United Kingdom decreased to 4.03 percent in March from 4.10 percent in February of 2026. Interest rate on new mortgages in the United Kingdom averaged 2.85 percent from 2016 until 2026, reaching an all time high of 5.34 percent in November of 2023 and a record low of 1.50 percent in November of 2021. source: Bank of England



Related Last Previous Unit Reference
Banks Balance Sheet 4841836.00 4772286.00 GBP Million Mar 2026
Central Bank Balance Sheet 768677.00 791855.00 GBP Million Apr 2026
Deposit Interest Rate 3.50 3.50 percent Apr 2026
Foreign Exchange Reserves 230292.00 236666.00 USD Million Mar 2026
BoE Interest Rate 3.75 3.75 percent Apr 2026
Interest rate on new mortgages 4.03 4.10 percent Mar 2026
Interest Rate on Outstanding Mortgages 3.93 3.95 percent Mar 2026
Lending Rate 4.00 4.00 percent Apr 2026
Loans to Private Sector 2874192.00 2828311.00 GBP Million Dec 2025
Money Supply M0 104316.00 103843.00 GBP Million Mar 2026
Money Supply M1 2300713.00 2281997.00 GBP Million Mar 2026
Money Supply M2 3199976.00 3198023.00 GBP Million Mar 2026
Money Supply M3 3778597.00 3757011.00 GBP Million Mar 2026
M4 Money Supply MoM 3270082.00 3244070.00 GBP Million Mar 2026
Overnight Interbank Average Rate 3.73 3.73 percent May 2026
Private Debt to GDP 75.70 79.30 percent Dec 2024


United Kingdom Interest Rate on New Mortgages
Actual Previous Highest Lowest Dates Unit Frequency
4.03 4.10 5.34 1.50 2016 - 2026 percent Monthly
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