Interest rate on new mortgages in the United Kingdom increased to 4.45 percent in July from 4.35 percent in June of 2026. Interest rate on new mortgages in the United Kingdom averaged 2.90 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	4882315.00	4900488.00	GBP Million	Jul 2026
Central Bank Balance Sheet	806449.00	805688.00	GBP Million	Sep 2026
Deposit Interest Rate	3.60	3.60	percent	Aug 2026
Foreign Exchange Reserves	220129.00	225750.00	USD Million	Jul 2026
BoE Interest Rate	3.75	3.75	percent	Sep 2026
Interest rate on new mortgages	4.45	4.35	percent	Jul 2026
Interest Rate on Outstanding Mortgages	3.97	3.96	percent	Jul 2026
Lending Rate	3.90	3.90	percent	Aug 2026
Loans to Private Sector	2986055.00	2927700.00	GBP Million	Jun 2026
Money Supply M0	105994.00	105579.00	GBP Million	Jul 2026
Money Supply M1	2303010.00	2309849.00	GBP Million	Jul 2026
Money Supply M2	3239710.00	3236285.00	GBP Million	Jul 2026
Money Supply M3	3850746.00	3868898.00	GBP Million	Jul 2026
M4 Money Supply MoM	3298964.00	3308262.00	GBP Million	Jul 2026
Overnight Interbank Average Rate	3.73	3.73	percent	Sep 2026
Private Debt to GDP	69.70	75.60	percent	Dec 2025