Average rate quoted by UK banks and building societies for a 2-year fixed-rate mortgage (75 % loan-to-value), monthly. Most British borrowers refix every two to five years, so this « 2-year fix » sets what households pay when their deal ends.· Rate quoted to new borrowers, not the average rate paid
5.4%
Oct 2026
+1.2 ptsvs Oct 2025
min 1.2 Sep 2021max 8.4 Feb 1995
%
Frequency
Range
Source: Bank of England — Bank of England, quoted household interest rates (IUMBV34)· Data Oct 2026Source type : Official
Quoted 2-year fixed rate, 75 % loan-to-value, monthly · Rate quoted to new borrowers, not the average rate paid · Upd. 11/2026
