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Mortgage Interest Rates 2024 Uk. The base rate rose from 0.1% to over 5% between december 2021 and august last year in an attempt to put the brakes on. See current mortgage rates and compare mortgage deals to find some of your best options.

Financial markets predict there is a 31% chance of the bank cutting interest rates again at its next meeting in september, according to london stock. Uk interest rates were cut on 1 august 2024 for the first time since 2020, bringing relief to many households and businesses struggling with higher mortgage costs and debt repayments.