Mortgage Rates Decline September 2024 Uk. Mortgage rates have risen significantly over the past few years, resulting in increasing repayments for many people. Uk mortgage interest rates can change quickly at the moment, depending on the current cost of swap rates, bank of england (boe) base rate announcements,.

Mortgage rates are now past their recent peak. Mortgage rates have declined from their peak this summer as the bank of england signalled it had reached the end of a blistering series of interest rate increases.