The UK's relatively short-term mortgage market has had one of the bigger increases in effective interest rates

4%

3.5

3.48% Portugal

3.10% Sweden

3

2.75% UK

2.5

2.42% Netherlands

2

1.82% Germany

1.5

1.56% France

1

0.5

2016

2018

2020

2022

April 2023

Effective mortgage interest rates measure all mortgages and interest bills paid

4%

3.5

3.48% Portugal

3.10% Sweden

3

2.75% UK

2.5

2.42% Netherlands

2

1.82% Germany

1.5

1.56% France

1

0.5

2016

2018

2020

2022

April 2023