vary depending on the type of mortgage: In 2021, fixed rates mortgages with a shorter term had on average lower interest rates.
Mortgage interest rates in the United Kingdom (UK) have been decreasing since 2010 and in 2020 reached record low levels. At 1.74 percent, the third quarter of 2020 had the lowest interest rates ever recorded. Interest rates also Mortgage interest rate in the United Kingdom (UK) from 1st quarter 2010 to 2nd quarter 2021
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European Mortgage Federation. (November 30, 2021). Mortgage interest rate in the United Kingdom (UK) from 1st quarter 2010 to 2nd quarter 2021 [Graph]. In Statista. Retrieved May 25, 2022, from https://www.statista.com/statistics/814493/mortgage-interest-rate-united-kingdom/
European Mortgage Federation. "Mortgage interest rate in the United Kingdom (UK) from 1st quarter 2010 to 2nd quarter 2021." Chart. November 30, 2021. Statista. Accessed May 25, 2022. https://www.statista.com/statistics/814493/mortgage-interest-rate-united-kingdom/
European Mortgage Federation. (2021). Mortgage interest rate in the United Kingdom (UK) from 1st quarter 2010 to 2nd quarter 2021. Statista. Statista Inc.. Accessed: May 25, 2022. https://www.statista.com/statistics/814493/mortgage-interest-rate-united-kingdom/
European Mortgage Federation. "Mortgage Interest Rate in The United Kingdom (Uk) from 1st Quarter 2010 to 2nd Quarter 2021." Statista, Statista Inc., 30 Nov 2021, https://www.statista.com/statistics/814493/mortgage-interest-rate-united-kingdom/
European Mortgage Federation, Mortgage interest rate in the United Kingdom (UK) from 1st quarter 2010 to 2nd quarter 2021 Statista, https://www.statista.com/statistics/814493/mortgage-interest-rate-united-kingdom/ (last visited May 25, 2022)