Rightmove’s weekly mortgage tracker reveals the typical five-year fastened mortgage price is now 5.02%, up from 4.59% a year in the past.
The common two-year fastened mortgage price is now 5.42%, up from 4.92% a year in the past.
The common 85% LTV five-year fastened mortgage price is now 4.95%, up from 4.56% a year in the past.
The common 60% LTV five-year fastened mortgage price is now 4.53%, up from 4.27% a year in the past.
The common month-to-month mortgage fee on a typical first-time purchaser sort property when taking out a mean five-year fastened, 85% LTV mortgage, is now £1,123 monthly, up from £1,069 monthly a year in the past.
Rightmove’s newest information additionally reveals that the typical month-to-month mortgage fee on a first-time purchaser sort property which is at the moment £227,110, for somebody taking out a mean five-year fastened, 85% LTV mortgage, is now £1,123 monthly if repaying over 25 years, in contrast with £1,069 monthly a year in the past.
