The effective interest rate on newly drawn mortgages in the UK edged lower to 4.15% in December 2025, from 4.20% in November. Interest rate on new mortgages in the United Kingdom averaged 2.82 percent from 2016 until 2025, reaching an all time high of 5.34 percent in November of 2023 and a record low of 1.50 percent in November of 2021. source: Bank of England

Related	Last	Previous	Unit	Reference
Banks Balance Sheet	4664216.00	4676380.00	GBP Million	Dec 2025
Central Bank Balance Sheet	795797.00	791667.00	GBP Million	Feb 2026
Deposit Interest Rate	3.75	3.75	percent	Jan 2026
Foreign Exchange Reserves	224754.00	222489.00	USD Million	Dec 2025
BoE Interest Rate	3.75	3.75	percent	Feb 2026
Interest rate on new mortgages	4.15	4.20	percent	Dec 2025
Interest Rate on Outstanding Mortgages	3.92	3.90	percent	Dec 2025
Lending Rate	4.25	4.25	percent	Jan 2026
Loans to Private Sector	2828159.00	2781954.00	GBP Million	Sep 2025
Money Supply M0	102522.00	102722.00	GBP Million	Dec 2025
Money Supply M1	2272711.00	2281112.00	GBP Million	Dec 2025
Money Supply M2	3194389.00	3198382.00	GBP Million	Dec 2025
Money Supply M3	3745533.00	3744626.00	GBP Million	Dec 2025
M4 Money Supply MoM	3212665.00	3201990.00	GBP Million	Dec 2025
Overnight Interbank Average Rate	3.73	3.73	percent	Dec 2025
Private Debt to GDP	75.70	79.30	percent	Dec 2024