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UK housing market

UK Average Five-Year Fixed Mortgage Rate Hits 6%, Highest Since 2023

7. October 2026 by Chris
UK Average Five-Year Fixed Mortgage Rate Hits 6%, Highest Since 2023

Average UK five-year fixed mortgage rate hit 6% on Oct 5, 2026, per Moneyfacts. Two-year fixes averaged 5.98%. Sub-5% deals plunged 99% since September.

Categories News Tags Bank of England, consumer spending, fixed-rate mortgages, mortgage rates, UK housing market

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