empty
 
 

2026.11.0609:30:00UTC+00UK Mortgage Rates Hold at 6.58% in October, Signalling Pause in Upward Pressure

United Kingdom mortgage rates in pounds sterling held steady in October 2026, with the benchmark mortgage rate unchanged at 6.58%. This matches the level recorded in September 2026, indicating a pause in rate movements after a period of previous adjustments.

The stabilisation at 6.58% may offer a measure of short-term predictability for borrowers and the housing market, although the rate remains elevated by historical standards. With no month-on-month change in October, lenders and homeowners alike will be closely monitoring upcoming economic data and central bank signals for any indication of future shifts in borrowing costs.

The latest mortgage rate figures were updated on 6 November 2026, confirming that the October reading remains aligned with September’s 6.58% level for the UK mortgage market in GBP terms.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $5000 more!
    In November we raffle $5000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback