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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:
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.

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.

Alarae · 11/07/2025 15:33

Fixed last month for 3.73% for five years. 60% LTV.

Ritzitup · 11/07/2025 15:26

We're on 1.5%, it's a 5 year fix. Ending this month. We've secured a new rate of 3.85% in a 2 year fix but I'm going to call the bank on Monday as we might get one slightly lower still.

Payments going up by circa £240 per month.

Whoooo · 11/07/2025 15:24

I'm in the middle of a 1.2% fix.
Paid an erc and got it when putin invaded Ukraine/during tory party death throes.
The product had cashback so that paid for the erc.
If I were having to remortgage in the near future I'd go 3 year fix max and look for 3-4% (which are historically normal intetest rates)

autumn1610 · 11/07/2025 15:15

not recently but I went from 1.3% I think to 4.8% wanted to cry from a mortgage payment of just under £500 a month to one just under £800. Got till January I think to go before I can change it anything under 4 I’d be happy with. Fixed it for 2 years in the hope it wouldn’t get worse than 4.8%

Ninja2 · 11/07/2025 15:13

MysticHalfWitch · 11/07/2025 14:37

For once I got lucky and fixed three years ago at 2.09% for 10 years.

We fixed 3 years ago at 1.4%, it’s the only time we’ve ever had something like this in our favour!

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.

SharpOliveUser · 11/07/2025 15:09

5.4% mortgage of 330k - monthly repayments of 1620

IMissSparkling · 11/07/2025 15:09

4.something, on a tracker. Just arranged another two year tracker. Crazy to fix just now.

IKnowAristotle · 11/07/2025 15:08

1.6 and due to remortgage at 3.8%. Thoughts and prayers.

Original poster
WakeMeFriday · 11/07/2025 15:08

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?

I think so, that could be making it high.

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

I wanted to fix for 10 years at the time at 2.09% but my DH thought that was high, sigh!

OP posts:
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?

LuckysDadsHat · 11/07/2025 15:02

1.8% and the fix ends next year. I am dreading the increase.

CoastalCalm · 11/07/2025 15:00

Thankfully I fixed for 5 years at 1.38% til end of debt - 8 payments left

Didimum · 11/07/2025 15:00

We fixed at 4.3% in May for 2yrs. We have 72% LTV remaining, 35yr term.

jamanbutter · 11/07/2025 15:00

4.05% fixed 5 years

Namechangedforspooky · 11/07/2025 14:59

1.6% here too but up for renewal in December. Only 4 years left to run so no idea how much more it’s likely to be

munchingmunch · 11/07/2025 14:58

Our mortgage payments are going up by nearly 30%. I guess this would be the norm now for most people, which is a real shame.

A lot will be paying more as they won't have your LTV

munchingmunch · 11/07/2025 14:58

I think we have 2 more years but will likely fix for 5. I think sub 2% interest rates are gone for some time.

Original poster
WakeMeFriday · 11/07/2025 14:57

Our mortgage payments are going up by nearly 30%. I guess this would be the norm now for most people, which is a real shame.

OP posts:
Original poster
WakeMeFriday · 11/07/2025 14:56

We are thinking of fixing for 5 years, don't know if it's a good idea!

OP posts:
Rosieposy89 · 11/07/2025 14:53

5.1

Twiglets1 · 11/07/2025 14:51

My daughter recently renewed at 3.9% fixed for 2 years.