UK Homebuyers Are Paying £119 Less per Month on Mortgages Compared 2025 - Birmingham Live

UK homebuyers are paying £119 less per month on mortgages compared 2025 - Birmingham Live

The average two-year fixed mortgage rate fell to 4.23 per cent in January

Average monthly mortgage payment £119 cheaper in January, Rightmove finds

The typical monthly mortgage payment was £1,592 in January, £199 less than the year before, as lower mortgage rates offset higher house prices, a property listing firm found. The post Average monthly mortgage payment £119 cheaper in January, Rightmove finds appeared first on Mortgage Solutions.

Average monthly mortgage payment down £119 year-on-year in January – Rightmove

New analysis from the UK’s biggest property platform Rightmove reveals that the national average monthly mortgage payment is £1,592 in January, £119 lower than at the same time last year. Rightmove’s analysis uses its daily mortgage rate data and property asking price data to calculate residential mortgage payments. Mortgage payments are based on average two-year fixed rates with a circa £999 fee and based on 95% of the mortgage market to exclud…

Mortgage payments fall more than £100 – Rightmove

The latest Rightmove tracker reveals an average mortgage payment £119 per month cheaper than at the same time last year.

Average monthly mortgage payments down £119 in January

Research from Rightmove found that the average monthly mortgage payment was £1,592 in January 2026, £119 lower than the same time last year.  The average asking price for a home was £368,031, up 0.5% year-on-year.  Monthly payments were £35 higher than December. The average 2-year fixed mortgage rate in January was 4.23%, down from 4.99% in January last year.  Typical first-time buyers (FTBs) saw average mortgage payments at £975 per month, comp…