Rightmove’s weekly mortgage tracker
May 16, 2025
Average rates for 2-year and 5-year fixed-rate mortgages
| Term | Average rate | Weekly change | Yearly change |
| 2-year fixed | 4.61% | -0.02% | -0.80% |
| 5-year fixed | 4.59% | -0.01% | -0.42% |
Lowest rates for 2-year and 5-year fixed-rate mortgages
| Term | Lowest rate | Weekly change | Yearly change |
| 2-year fixed | 3.72% | +0.00% | -1.03% |
| 5-year fixed | 3.78% | +0.00% | -0.56% |
Average fixed-term mortgage rates for home-buyers with 5-10% deposits
| Loan to Value (LTV) | Term | Avg rate 09 May 2025 |
Avg rate 16 May 2025 |
Weekly Change | Yearly Change |
| 95% | 2-year-fixed | 5.40% | 5.34% | -0.06% | -0.76% |
| 95% | 5-year-fixed | 5.27% | 5.26% | -0.01% | -0.44% |
| 90% | 2-year-fixed | 4.94% | 4.92% | -0.02% | -0.75% |
| 90% | 5-year-fixed | 4.79% | 4.78% | -0.01% | -0.42% |
Average fixed-term mortgage rates for home-buyers with 15-25% deposits
| Loan to Value (LTV) | Term | Avg rate 09 May 2025 |
Avg rate 16 May 2025 |
Weekly Change | Yearly Change |
| 85% | 2-year-fixed | 4.58% | 4.58% | +0.00% | -0.81% |
| 85% | 5-year-fixed | 4.55% | 4.54% | -0.01% | -0.41% |
| 75% | 2-year-fixed | 4.39% | 4.37% | -0.02% | -0.88% |
| 75% | 5-year-fixed | 4.41% | 4.39% | -0.02% | -0.47% |
Average fixed-term mortgage rates for home-buyers with 40% deposits
| Loan to Value (LTV) | Term | Avg rate 09 May 2025 |
Avg rate 16 May 2025 |
Weekly Change | Yearly Change |
| 60% | 2-year-fixed | 4.01% | 3.94% | -0.07% | -0.95% |
| 60% | 5-year-fixed | 4.06% | 3.99% | -0.07% | -0.50% |
These rates are provided by Podium and are an average based on 95% of the mortgage market. All rates are based on products with a circa £999 fee.
You May Also Enjoy
Housing Market Surges as Stamp Duty Changes Drive Buyer Activity
UK Finance today releases its latest Household Finance Review for Q1 2025, which explores trends in household spending, saving, and borrowing. Mortgage lending surged in the first quarter of 2025, driven by homebuyers seeking to complete purchases before changes to Stamp Duty took effect in April. Household savings continued to grow, particularly in notice accounts…
Read More 
Mortgage Approvals Down in April
The latest figures show that: – Mortgage approvals on house purchases for April sat at 60,463 down (-4.9%) from 63,603 in March. This signals four consecutive months of decline. Approvals are also lower (-2.1%) than the 61,740 seen in April 2024. Despite the decline, there is still optimism for growth in the coming months, especially…
Read More 
Build to rent completions up, but sector has seen slowdown in construction
New research by Inventory Base reveals that the number of build to rent completions has increased by almost 16% in the past year, however, there has been a significant dip in the number of BTR buildings currently under construction. Inventory Base has analysed UK build to rent (BTR) construction planning data* and found that in…
Read More 
Response to latest Nationwide House Price Index
Comment on latest Nationwide data showing a 3.5% increase in house prices from the Industry. Nathan Emerson, CEO at Propertymark: “It is reassuring to witness consistent house price growth and a strong appetite as people continue to approach the homebuying and selling process, especially when the UK economy continues to adapt to both domestic and…
Read More 
Annual house price growth edged higher in May
Annual rate of house price growth increased marginally in May to 3.5%, compared to 3.4% in April House prices were up 0.5% month on month House prices in predominantly rural areas have risen by 23% over the last five years, compared to 18% in more urban areas Commenting on the figures, Robert Gardner, Nationwide’s Chief…
Read More 
Rightmove’s weekly mortgage tracker 30/05/25
Average rates for 2-year and 5-year fixed-rate mortgages Term Average rate Weekly change Yearly change 2-year fixed 4.64% +0.03% -0.78% 5-year fixed 4.61% +0.03% -0.45% Lowest rates for 2-year and 5-year fixed-rate mortgages Term Lowest rate Weekly change Yearly change 2-year fixed 3.82% +0.02% -0.93% 5-year fixed 3.88% +0.09% -0.55% Average…
Read More