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Cost of moneyUnited Kingdom

Mortgage rates in United Kingdom

What would a home loan cost me there?

United Kingdom's mortgage rates is 4.92 % — #23 of 25 countries on the atlas (lower is better). Period 31 Aug 2026.

4.92%

Checked 8 Sept 2026Period 31 Aug 2026

Source: Bank of England, Bankstats (quoted household rates)

On a €300,000 loan over 25 years, 4.92 % works out to roughly €1,740 a month.

Mortgage rates in United Kingdom over time

4.92 %4.86 %4.79 %4.79 % · 31 July 202630 June 2026: 4.81 %31 July 2026: 4.79 %31 August 2026: 4.92 %30 June 202631 July 202631 August 20264.92 %
3 official observations, 30 June 2026 → 31 August 2026. Every point is a published value — never interpolated.
Rank
#23 of 25
lower is better
Ranked behind
8 %
2 of 25 countries
Latest move
▲ 0.13 pp
since 31 July 2026
Full series
▲ 0.11 pp
since 30 June 2026

In Europe: #23 of 24vs median 3.54 %: +1.38 pp (worse)

Among 25 countries

1 of 25 countries between 1.94 % and 2.09 %1 of 25 countries between 2.70 % and 2.85 %3 of 25 countries between 2.85 % and 3.01 %5 of 25 countries between 3.16 % and 3.31 %4 of 25 countries between 3.46 % and 3.62 %2 of 25 countries between 3.62 % and 3.77 %1 of 25 countries between 3.77 % and 3.92 %2 of 25 countries between 3.92 % and 4.07 %1 of 25 countries between 4.07 % and 4.23 %2 of 25 countries between 4.23 % and 4.38 %1 of 25 countries between 4.84 % and 4.99 %2 of 25 countries between 5.45 % and 5.60 %median 3.54 %United Kingdom: ahead of 8 % of the 25 countries with a published mortgage rateUnited Kingdom 4.92 %1.94 %5.60 %
Half of all 25 countries sit between 3.18 % and 3.98 %. United Kingdom is ahead of 8 % of them. Axis trimmed to the 2nd–98th percentile; 1 value beyond it sits in the end bars.

The neighbourhood

#CountryMortgage ratevs United Kingdom
21 Estonia4.24 %−0.68 pp
22 Latvia4.34 %−0.58 pp
23 United Kingdom4.92 %—
24 Norway5.60 %+0.68 pp
25 United States6.71 %+1.79 pp

Interest rate on new home loans, from each country’s official statistics.

How to read this figure

The average interest rate on NEW home loans as reported by the official statistics of each country (ECB MIR for the euro area, Freddie Mac via FRED for the US, SSB for Norway) — not teaser offers, not renegotiations. Your own offer will differ with equity, term and bank.

Next, about United Kingdom

House price growthInflation rateAverage monthly salary
Mortgage rates, all countries ranked →Compare United Kingdom with another country →Everything about United Kingdom →
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