Get the app →
BriefTea logoBriefTea

Every story in sixty words

Get the free app no ads · no paywall

General · 51 minutes ago

UK average mortgage rates increased in late September, two-year fixed now 5.49%

UK average mortgage rates increased in late September, two-year fixed now 5.49%

Average UK mortgage rates maintained their upward trajectory in the last full week of September. Higher mortgage funding costs and ongoing uncertainty about inflation and future interest rates caused the increase. While some major lenders raised rates, Skipton Building Society actually introduced reductions across its fixed-rate range.

Reported by oportfolio.co.uk · How we write briefs

Understand this story

What's a fixed-rate mortgage?

More briefs

BusinessAMD buys AI startup World Labs for $8.2 billion WorldPope Leo says AI risks are real, not "fake news" WorldAnthropic warns AI may pose 'existential risks to humanity' in IPO filing PoliticsVAT removed from electricity bills, saving households £45 a year WorldArgentina gives UK two weeks to stop Falklands oil exploration WorldIsrael does not have right to close UK consulate in Jerusalem, Foreign Office advised More top stories → Browse all stories →