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Original poster

At what mortgage rate are you now?

109 replies

WakeMeFriday · 11/07/2025 14:30

Our 5 year fix for mortgage is coming to end in Dec and we are at 1.6% right now. We have a good LTV, around 45% remaining mortgage on the house value.
We have been looking around and the best rates we can find are around still at 3.8-3.9%.
If you renewed your mortgage recently, what rate are you on at now?

OP posts:
Whatshesaid96 · 11/07/2025 17:17

Just coming out of a 2 year fixed at 5.5% I think. We renewed a couple of months after Truss tanked everything. New 2 year fixed I think will be 3.9% unless the rate drops further in the next month or so. Currently about 65% LTV

I feel like everyone is coming off rates and about to face their mortgage going up whilst ours will be going down. I won't lie it went up by £400 and although affordable its been a long two years of restricting spends to afford it.

I'm looking forward to having the disposable income again to get house renovations done that have been put off

DrDisrespect · 11/07/2025 17:13

Did a 2y fix in Dec 2023 for 5.94%. Approx 58k left on the mortgage with about 17y left and 44% LTV.

I'm hoping for anything lower than 5.94%!! I've made about 1k worth of overpayments since I last fixed too.

Ilikeviognier · 11/07/2025 17:09

Just fixed for 3 years- 4.14 - no fee. You’ll be lucky to get much under that. Under 4 is possible but probably with a fee.

Kissedbyfire1 · 11/07/2025 17:09

Fixed in July 2022 for remainder of term at 2.79%, just in time to land it before the Truss madness.

fruitj · 11/07/2025 17:02

Currently on 1.49%, which was fixed for 5 years in October 2020. It's coming up for renewal soon (as you can see) and I'm not looking forward to it!!

80smonster · 11/07/2025 16:58

3.8%

reversegear · 11/07/2025 16:55

We are due to come off a 2.3% interest only in September so thinking we will go on the flexible rates for a while and see where it lands. Then fix for 5+ we have 12 years left to pay it off. 🫣

iggleoggle · 11/07/2025 16:55

We went from 1.8% to 5.4% a couple of years ago. Due to remortgage again soon.

fireplaceember · 11/07/2025 16:49

I’ve just looked at the revert rate with the lender I’m with - adverse lender and it’s 8% Blush
definitely contracting my broker! They’re hopeful I’m back to normal rather than adverse lenders shortly… if I can get under 5% I’ll be happy

TeenLifeMum · 11/07/2025 16:35

2.1% for 2 more years. Currently ignoring the issue.

PinkCherryPie · 11/07/2025 16:33

I contemplated in spring-2022 (iirc, could have been 2023) paying the 1% ERC and remortgaging early. Decided no way would rates go up 1% in 4 months - what a bad decision that turned out to be. We could have fixed at less than 1.5% at that time. Instead IRs shot up and we ended up remortgaging at 3.41%. Booked the rate on September to start the following March when our 5 year 1.89% was up. It could have been a lot worse if I hadn't got that deal. A few weeks later it would have been over 4%.

Hindsight - sigh!!

YourDandyPlumBeaker · 11/07/2025 16:12

3.89% fixed for 5 years a year ago. Our payments went up by £130 a month from our previous fixed rate.

Kevinbaconsrealwife · 11/07/2025 16:11

Just completed 4.2% for 5 years with 53% LTV….borrowed 25k extra and repayments gone up by just £207 per month so reasonable for us…

CatchHimDerry · 11/07/2025 16:10

@sparepantsandtoothbrush that’s not too bad, ours was 4.45% two years ago and now renewed at 3.99

the ones with 1% odd are when the rates were super low a few years back, those definitely don’t exist at the moment

Yorkshiremum80 · 11/07/2025 16:10

Twiglets1 · 11/07/2025 16:08

If you got 1.9% fixed that would not have been done in the last year.

No broker could get a rate that good at the moment.

Show quote history

It wasn't in the last year, we fixed for 5 years. I want trying to imply that I was merely advising going to a broker as well to see what deals they have access to. I work for a bank and we have broker only deals

Twiglets1 · 11/07/2025 16:08

Yorkshiremum80 · 11/07/2025 15:11

1.9% fixed which ends in 2027. I would recommend getting a broker as they do get deals that are exclusive to them. But look yourself too, that way you are covering the whole of the market.

If you got 1.9% fixed that would not have been done in the last year.

No broker could get a rate that good at the moment.

sparepantsandtoothbrush · 11/07/2025 16:07

4.7 a year ago fixed for 2 years. I feel like I've been ripped off looking at other replies

MyGingerNinja · 11/07/2025 16:07

medianewbie · 11/07/2025 15:06

currently 2% interest only (40% LTV)
just been quoted .4.5% two year fix by current provider
(or 4% two year fix with a fee of 1,750 - ouch)
tracker is: 5.75% - even this has a fee of 1.75K

Can I ask knowledgeable mortgage folk - I currently have permission to let on my mortgage (which I dont' need) If I remove it, this will bring rates down yes?

If it’s just permission to let on a normal mortgage then it won’t make any difference but if it’s a buy to let mortgage specifically then you should get cheaper if you change to normal mortgage. I had permission to let before and it was just on a normal mortgage and didn’t affect the rate before or after.

Danceswithweasels · 11/07/2025 16:06

My 1.4% mortgage came to an end in May, I got 3.9% fixed for 3 years, 45% LTV with Accord, I stayed with the same mortgage provider as it was much the same elsewhere.

rainbowsparkle28 · 11/07/2025 16:03

Can’t remember exactly but around 2-3% mark - fixed for 5 years 2.5 years ago (already dreading it being up for renewal). I completed the Friday before my mortgage offer ran out that weekend (stress!) so counting my blessings for the moment 🙏

CatchHimDerry · 11/07/2025 16:02

We are about 64% LTV just renewed for 5 years at 3.99% this had a fee of £999 but the non-fee options are higher rate making it about the same overall

Barclays, been with them for 4 years so far

JessicaTookMyLunch · 11/07/2025 16:01

London and Country are whole of the market and free, so that would always be my first port of call for any mortgage deals. I use their website to see their best mortgage deals but my own provider has always done great offers which are slightly better.

My mortgage is with Nationwide and I am sure they let you lock in a deal 6 months before it is due to end, so despite rates rising and rising, we had already agreed the rate to start when my previous fixed rate ended. It was a few years ago so I can't remember precisely. Put your details into L&C and see what comes up.

Original poster
WakeMeFriday · 11/07/2025 15:59

There was some news today about rate cuts.

OP posts:
Original poster
WakeMeFriday · 11/07/2025 15:49

WFHmutha25 · 11/07/2025 15:44

We fixed 3.3% for 10 years a few years ago. We would never have done that, but we know we can just about afford those payments. We can port the mortgage and in another 3 years the early redemption fee isn't crazy. We just couldn't risk it. It already went up by £200 per month.

Think it's good rate

OP posts:
Original poster
WakeMeFriday · 11/07/2025 15:44

LividVermiciousKnid · 11/07/2025 15:40

6% because Liz Truss is a c*

2023 mortgage due to divorce. Due to hear from my mortgage man very soon and hoping he has good news.

Edited

Oh my, that's very high, hope you can move to something cheaper.

OP posts: