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The Money Desk · Blog
Re:

UK BBA Mortgage Rate: September 2026 Figure Still Unconfirmed

The verified UK BBA Mortgage Rate was 6.58% for August 2026, unchanged from July. The September event’s actual was still blank in the calendars checked on 7 October.
From TheFinanceBase Team2 min to read
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The latest verified UK BBA Mortgage Rate in the available sources is 6.58% for August 2026, unchanged from July. Although the September event was scheduled for 7 October, the calendar records checked that morning still showed no actual September figure. The headline’s 6.58% September value is therefore not confirmed by those sources.

What is confirmed for August and September?

Newsquawk reported the August reading on 7 September 2026 as 6.58%, with the previous reading also 6.58%. Trendonify likewise lists 6.58% for August and July.

For September, Myfxbook’s economic calendar listed the event for 7 October 2026 at 09:00, with a previous reading of 6.58% and consensus of 6.6%; its actual field was blank. Trading Economics also showed no September actual, and Trendonify marked the event as pending. These calendar entries do not establish a September result.

Sources: Newsquawk, 7 September 2026; Myfxbook economic calendar; Trading Economics indicator reference; Trendonify series listing.

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What the BBA Mortgage Rate measures

Trading Economics defines the series as the end-month weighted-average interest rate for sterling revert-to-rate mortgages to households, priced at the standard variable rate. It is a monthly percentage measure, not the Bank of England Bank Rate and not the rate a particular borrower can secure on a new mortgage.

The “BBA Mortgage Rate” label appears in current calendars and data services. The cited indicator reference identifies the Bank of England as the underlying data source, but does not establish that the British Bankers’ Association currently publishes the series. The August figure is best described as Bank of England data reported by the cited secondary sources.

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Why the reference month matters

The release date and the month named in the indicator are different: the August value was reported on 7 September, while the September event was scheduled for 7 October. Because the series is monthly and represents an end-month average, label a figure with both its reference month and release date where possible. A calendar’s previous value or consensus is not the current month’s actual.

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What this means for borrowers

This indicator summarizes a defined class of mortgages; it is not a personal quote or a recommendation. When assessing a mortgage, compare actual offers by product type, fixed or variable terms, fees, eligibility, and total repayment cost. An average standard-variable-rate measure and a new fixed-rate offer have different bases and should not be treated as interchangeable.

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