Bank of England quoted rates · June 2026 snapshot
Compare UK mortgage products
Two- and five-year fixes plus standard variable rates, compared across headline LTV bands. Each figure is a published UK lender-market average, not a best-buy headline or a personal quote.
Data updated 2026-07-09
- 6
- quoted-rate cells
- 4
- LTV bands compared
- 5
- fixed-rate cells
Quoted cells by product family
Exclusive cut of the 6 Bank of England cells in this compare desk: fixed products versus the SVR cell.
Fixed cells by LTV band
Exclusive LTV bands across 5 fixed-rate cells shown in the tables below.
Fixed cells by fix length
Exclusive fix lengths across the same 5 fixed-rate cells.
Fixed-rate mortgages
The fixed-rate product holds your mortgage rate constant for the contracted term, typically two or five years. The average rate is the Bank of England's monthly quoted-rate average across all UK lenders for that LTV-band × fix-period cell. It moves materially with each MPC decision and the surrounding swap-curve movement.
| LTV band | Fix length | Average quoted rate |
|---|---|---|
| 75% | 2-year fix | 4.81% |
| 75% | 5-year fix | 4.65% |
| 90% | 2-year fix | 4.76% |
| 95% | 2-year fix | 5.19% |
| 95% | 5-year fix | 5.18% |
Standard variable rates
The standard variable rate is the lender’s open-ended default rate, what you fall onto when any fix or tracker expires. SVRs are typically three to four percentage points above the Bank Rate and reprice slowly. They are not a competitive product; the rate exists to nudge customers to remortgage to a new deal.
| LTV band | Average SVR |
|---|---|
| 0% | 6.60% |
How should you read this table?
Every rate in these tables is a quoted average published by the Bank of England, and we read it alongside the HM Land Registry House Price Index, a series built on more than 1,000,000 registered property transactions a year, so a rate can be weighed against the prices it has to service. According to both publishers the data is released under the Open Government Licence, and our methodology documents how we select each LTV-band cell.
Related resources
Download the UK metro price-to-income snapshot cited on this page: uk-metro-price-to-income.csv (CC BY 4.0 for this derived file; Bank of England and HM Land Registry source tables remain OGL).
Every figure on PlainMortgage is rendered directly from Bank of England and HM Land Registry data, no number is typed in by an editor. This page draws directly on Bank of England and HM Land Registry source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.