Rightmove’s weekly mortgage tracker shows the average five-year fixed mortgage charge is now 5.02%, up from 4.59% a year in the past.
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The average two-year fixed mortgage charge is now 5.42%, up from 4.92% a year in the past.
The average 85% LTV five-year fixed mortgage charge is now 4.95%, up from 4.56% a year in the past.
The average 60% LTV five-year fixed mortgage charge is now 4.53%, up from 4.27% a year in the past.
The average month-to-month mortgage fee on a typical first-time purchaser kind property when taking out an average five-year fixed, 85% LTV mortgage, is now £1,123 per thirty days, up from £1,069 per thirty days a year in the past.
Rightmove’s newest information additionally shows that the average month-to-month mortgage fee on a first-time purchaser kind property which is presently £227,110, for somebody taking out an average five-year fixed, 85% LTV mortgage, is now £1,123 per thirty days if repaying over 25 years, in contrast with £1,069 per thirty days a year in the past.
