Mortgage Rates 2024 By Month Uk. The bank of england made the first cut to interest rates in four years in august 2024, giving hope to mortgage holders that the borrowing squeeze is coming to an end. Simply fill out the form below to see what your monthly payments could be.

A repayment mortgage amount of £120,000 over 25 years, representative aprc 7%. Date updated 21 august 2024.