Rightmove’s weekly mortgage tracker shows the average five-year fixed mortgage fee is now 5.02%, up from 4.59% a year in the past.
HOusing growth Affordable Accommodation Decide mortgage mortgage, funding, actual property and property idea – home mannequin and stack gold cash 3d render
The average two-year fixed mortgage fee is now 5.42%, up from 4.92% a year in the past.
The average 85% LTV five-year fixed mortgage fee is now 4.95%, up from 4.56% a year in the past.
The average 60% LTV five-year fixed mortgage fee is now 4.53%, up from 4.27% a year in the past.
The average month-to-month mortgage cost on a typical first-time purchaser sort property when taking out an average five-year fixed, 85% LTV mortgage, is now £1,123 per 30 days, up from £1,069 per 30 days a year in the past.
Rightmove’s newest information additionally shows that the average month-to-month mortgage cost on a first-time purchaser sort property which is at the moment £227,110, for somebody taking out an average five-year fixed, 85% LTV mortgage, is now £1,123 per 30 days if repaying over 25 years, in contrast with £1,069 per 30 days a year in the past.
