What does borrowing cost?

Bank Rate is 3.75%. A typical two-year fixed mortgage is quoted at 5.13%.

• What is the Bank of England's interest rate?

  3.75%

  since 18 December 2025

  Down from 4.00% a year ago

  NeutralBank Rate is lower than a year ago: cheaper loans, lower savings.

  the Bank of England · Next update 5 Nov 2026

• What interest rate is quoted on a typical two-year fixed mortgage?

  5.13%

  September 2026

  Up from 4.92% in August 2026

  the Bank of England · Published monthly

• What return do investors ask for to lend to the government for ten years?

  5.44%

  since 7 October 2026

  Up from 5.37% a year ago

  the Bank of England · Updated every business day

• How many US dollars does one pound buy?

  1.323

  since 8 October 2026

  Up from 1.322 a year ago

  the Bank of England · Updated every business day