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Rates updated March 2026
Ranked #8 of 12 UK regions

Yorkshire & Humber Mortgage Rates (2026)

Current mortgage rates, median house prices, and first-time buyer schemes in Yorkshire & Humber. Rates are representative — your actual rate depends on your deposit, credit history, and lender.

6 lenders comparedUpdated March 2026Free & independent

2yr Fixed

4.84%

Representative

5yr Fixed

4.44%

Representative

Median Home

£205,000

Median price

Rank

#8 of 12

1 = highest rates

Top Mortgage Lenders in Yorkshire & Humber

Top Pick
1

Halifax

First-time buyers
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2yr Fixed

4.95%

5yr Fixed

4.55%

Max LTV

95%

2

Nationwide

Competitive rates
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2yr Fixed

4.9%

5yr Fixed

4.5%

Max LTV

95%

3

Barclays

Remortgage
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2yr Fixed

4.85%

5yr Fixed

4.45%

Max LTV

90%

4

HSBC

Low arrangement fees
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2yr Fixed

4.8%

5yr Fixed

4.4%

Max LTV

90%

5

NatWest

Existing customers
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2yr Fixed

4.92%

5yr Fixed

4.52%

Max LTV

90%

6

Santander

Cashback offers
Get Rate

2yr Fixed

4.88%

5yr Fixed

4.48%

Max LTV

90%

First-Time Buyer Schemes in Yorkshire & Humber

  • First Homes Scheme
  • Shared Ownership
  • Lifetime ISA
  • Leeds City Region DPA

For a full overview of government schemes and eligibility criteria, see MoneyHelper's first-time buyer guide.

Mortgage Requirements in Yorkshire & Humber

  • Minimum 5% deposit
  • Standard affordability criteria
  • Some terraced homes require specialist surveys for older construction

Yorkshire & Humber Housing Market Facts

Leeds is the largest financial centre outside London — strong employment base.
Sheffield, Bradford, and Hull offer the best first-time buyer affordability.
Yorkshire prices remain well below the England average, offering strong value.
Average first-time buyer deposit in Leeds is around £25,000.

Mortgages in Yorkshire & Humber: Local Insights

Why Mortgages Rates Differ in Yorkshire & Humber

Mortgage rates in Yorkshire and the Humber can be lower compared to other regions due to the generally lower property prices and cost of living. However, local economic conditions, particularly in industrial areas, can lead to fluctuations in rates as lenders assess risk based on regional job markets.

Yorkshire & Humber Mortgages Market

The mortgage market in Yorkshire and the Humber features both national lenders like Nationwide and local providers such as Leeds Building Society. The competition is strong, with recent trends indicating an increase in first-time buyer activity, leading to more innovative mortgage products tailored to local needs.

Local Saving Tip for Yorkshire & Humber

First-time buyers in Yorkshire and the Humber can take advantage of the regional First Homes scheme, which offers discounts of at least 30% on new properties, making home ownership more attainable.

Also compare in Yorkshire & Humber

See how other insurance costs compare in your area

Tips for Getting the Best Mortgage Rate in Yorkshire & Humber

1

Improve your credit score first

Check your Experian, Equifax, and TransUnion reports. Register on the electoral roll and correct any errors before applying.

2

Save a larger deposit

Moving from a 90% to an 85% LTV can cut your rate significantly. Each 5% LTV band unlocks better deals.

3

Use a whole-of-market broker

A fee-free, whole-of-market mortgage broker can access thousands of deals including exclusive rates not available directly.

4

Consider fix length carefully

A 2-year fix gives flexibility to remortgage sooner. A 5-year fix protects against rate rises but may cost more if rates fall.

5

Budget for fees and stamp duty

In Yorkshire & Humber, stamp duty, arrangement fees, and solicitor costs can add £5,000–£15,000 to your purchase. Factor these into your budget.

6

Get an Agreement in Principle

An AIP shows sellers you're a serious buyer and speeds up the process. Most expire after 90 days.

Are you overpaying?

See how your rate compares to the Yorkshire & Humber average

Yorkshire & Humber average: £843/mo · Cheapest provider (HSBC): £4.4/mo

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