Average UK Mortgage Rate Is Below 5% for First Time Since Truss

The average interest rate on a common UK mortgage has dropped below 5% for the first time since former prime minister Liz Truss’ calamitous mini-budget in 2022.

​  The average interest rate on a common UK mortgage has dropped below 5% for the first time since former prime minister Liz Truss’ calamitous mini-budget in 2022.  

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The average interest rate on a common UK mortgage has dropped below 5% for the first time since former prime minister Liz Truss’ calamitous mini-budget in 2022.