Rightmove’s Weekly Mortgage Tracker
May 21, 2025
Average rates for 2-year and 5-year fixed-rate mortgages
| Term | Average rate | Weekly change | Yearly change |
| 2-year fixed | 4.60% | -0.02% | -0.84% |
| 5-year fixed | 4.58% | -0.02% | -0.48% |
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 homebuyers with 5-10% deposits
| Loan to Value (LTV) | Term | Avg rate 14 May 2025 |
Avg rate 21 May 2025 |
Weekly Change | Yearly Change |
| 95% | 2-year-fixed | 5.36% | 5.33% | -0.03% | -0.77% |
| 95% | 5-year-fixed | 5.26% | 5.25% | -0.01% | -0.45% |
| 90% | 2-year-fixed | 4.93% | 4.91% | -0.02% | -0.75% |
| 90% | 5-year-fixed | 4.78% | 4.77% | -0.01% | -0.42% |
Average fixed-term mortgage rates for homebuyers with 15-25% deposits
| Loan to Value (LTV) | Term | Avg rate 14 May 2025 |
Avg rate 21 May 2025 |
Weekly Change | Yearly Change |
| 85% | 2-year-fixed | 4.58% | 4.56% | -0.02% | -0.90% |
| 85% | 5-year-fixed | 4.54% | 4.53% | -0.01% | -0.50% |
| 75% | 2-year-fixed | 4.37% | 4.35% | -0.02% | -0.96% |
| 75% | 5-year-fixed | 4.40% | 4.39% | -0.01% | -0.56% |
Average fixed-term mortgage rates for homebuyers with 40% deposits
| Loan to Value (LTV) | Term | Avg rate 14 May 2025 |
Avg rate 21 May 2025 |
Weekly Change | Yearly Change |
| 60% | 2-year-fixed | 4.01% | 3.93% | -0.08% | -0.96% |
| 60% | 5-year-fixed | 4.05% | 3.98% | -0.07% | -0.51% |
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
How to Clean Your Rental Property for a Full Deposit Return
Although it is a dreadful chore, sprucing up your flat at the end of your tenancy is vital if you want your entire deposit back. When it comes to cleaning, landlords and property managers usually have high standards. Any oversight could cost you part of your initial payment. Having said that, your property can look…
Read More 
Two-year mortgage deals the lowest they’ve been since 2022 – but will they remain?
New research from Moneyfacts has shown that two-year mortgage deals are at the lowest they’ve been in two years and have also fallen to their biggest margin in over six months. The current average mortgage according to research is at 5.18%, having fallen by 0.14% in the past month. Meanwhile, five–year rates currently stand on…
Read More 
CP12 Landlord Certificates: What They Are and Why You Need Them
If you’re a landlord in the UK with gas appliances in your rental property, you’re legally bound to ensure they’re safe. That’s where the CP12 certificate for landlords enters the picture. Also called a Landlord Gas Safety Record, the certificate assures that your property’s gas installation is safe and in accordance with regulations. Yet, despite…
Read More 
Horse Guards Parade property prices up 17% since last Trooping the Colour
The latest property market analysis from London’s number one lettings and sales estate agency brand*, Foxtons, has found that it’s not just military prowess on show during Trooping the Colour this weekend, as house prices within the SW1A postcode, home to Horse Guards Parade, have soared by 17.3% over the last year, demonstrating the pedigree…
Read More 
What landlords need to know about the upcoming Renters Rights Bill
The government’s long-awaited Renters Rights Bill is one of the most significant overhauls of the private rental sector in decades. While it has not yet received royal assent, the legislation is expected to come into effect late this year, or early in 2026. With the bill moving closer to becoming law, Steven Bond, managing director…
Read More 
Breaking Property News 12/06/25
Daily bite-sized proptech and property news in partnership with Proptech-X. The Renters’ Rights Bill: What Letting Agents and Landlords need to know The Renters’ Rights Bill is shaping up to be one of the most significant pieces of housing legislation in recent memory. As it moves steadily through Parliament, with Royal Assent anticipated in…
Read More