VUK News: Best UK mortgage deals of the week - 22nd Aug 2024, 3:00pm

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More deals under 4% are now on the market for those hoping to become home owners following the Bank of England's decision to cut interest rates, with another mortgage war looming that is set to benefit those trying to get on the property ladder.

The average rate on a two-year fixed deal this week stood at 5.89%, unchanged from last week, while rates for a five-year deal came in at 5.31%, actually an uptick from the previous 5.20%, according to figures from Uswitch.

The Bank of England cut inte...

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