Interest rate on new mortgages in the United Kingdom increased to 4.60 percent in August from 4.45 percent in July of 2026. Interest rate on new mortgages in the United Kingdom averaged 2.91 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 4850080.00 4882108.00 GBP Million Aug 2026
Central Bank Balance Sheet 815081.00 811434.00 GBP Million Oct 2026
Deposit Interest Rate 3.60 3.60 percent Sep 2026
Foreign Exchange Reserves 228107.00 220129.00 USD Million Aug 2026
BoE Interest Rate 3.75 3.75 percent Sep 2026
Interest rate on new mortgages 4.60 4.45 percent Aug 2026
Interest Rate on Outstanding Mortgages 4.00 3.97 percent Aug 2026
Lending Rate 3.90 3.90 percent Sep 2026
Loans to Private Sector 2986055.00 2927700.00 GBP Million Jun 2026
Money Supply M0 106141.00 105823.00 GBP Million Aug 2026
Money Supply M1 2284557.00 2301544.00 GBP Million Aug 2026
Money Supply M2 3221320.00 3237201.00 GBP Million Aug 2026
Money Supply M3 3837682.00 3850266.00 GBP Million Aug 2026
M4 Money Supply MoM 3306462.00 3298488.00 GBP Million Aug 2026
Overnight Interbank Average Rate 3.73 3.73 percent Oct 2026
Private Debt to GDP 69.70 75.60 percent Dec 2025


United Kingdom Interest Rate on New Mortgages
Actual Previous Highest Lowest Dates Unit Frequency
4.60 4.45 5.34 1.50 2016 - 2026 percent Monthly
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