Average interest rates for mortgages in the United Kingdom (UK) as of March 2014 and June 2017, by type of mortgage*

Average mortgage interest rates in the United Kingdom (UK) 2014 and 2017 This statistic presents the average interest rates for mortgages with a loan to value ratio of 75 percent, in the United Kingdom (UK) in March 2014 and June 2017. In 2014, the average interest rate for a 2-year fixed rate mortgage was 2.37 percent, whereas in 2017 it decreased to 1.48 percent.
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20142017
2 year fixed rate mortgages2.37%1.48%
3 year fixed mortgage2.97%1.72%
5 year fixed mortgage3.47%1.99%
Tracker mortgages2.83%2.34%
SVR mortgages**4.43%4.23%
20142017
2 year fixed rate mortgages2.37%1.48%
3 year fixed mortgage2.97%1.72%
5 year fixed mortgage3.47%1.99%
Tracker mortgages2.83%2.34%
SVR mortgages**4.43%4.23%
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Description Source More information
This statistic presents the average interest rates for mortgages with a loan to value ratio of 75 percent, in the United Kingdom (UK) in March 2014 and June 2017. In 2014, the average interest rate for a 2-year fixed rate mortgage was 2.37 percent, whereas in 2017 it decreased to 1.48 percent.
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Release date
September 2017
Region
United Kingdom
Survey time period
March 2014 and June 2017
Supplementary notes
* Quoted rates for mortgages with loan to value ratio (ratio of a loan to the value of an asset purchased, i.e. the property) that equals 75 percent.
** Standard Variable Rate mortgages. latest figure from May 2017.

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