UK mortgage rates rise to highest level for a month
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- ▪If you have an existing mortgage enter the outstanding balance left to pay.
- ▪If not, enter the total you are looking to borrow. £ How long will you take to pay it back?
- ▪If you have an existing mortgage enter the total number of years remaining.
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UK mortgage rates rise to highest level for a monthImage source, Getty ImagesByKevin PeacheyCost of living correspondentPublished24 July 2026, 00:02 BSTUpdated 2 minutes agoUK average mortgage rates have risen back to the level of a month ago as renewed tensions in the Middle East feed through to homeowners.Lenders' funding costs have increased as markets judge that a prolonged conflict reduces the possibility of interest rate cuts by central banks. The five biggest High Street banks are among a host of lenders which have increased their interest rates on new fixed deals in recent days.Recent projections by the Bank of England suggest just over five million homeowners should expect their monthly mortgage repayments to increase by the end of 2028.Mortgage rates had been falling as a…
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