Once the mortgage lender states they have locked your rate,make sure you get a written statement detailing the interest rate, the length of the rate lock, and other particulars about the program.
Up to date interest rates are normally based on the Bank of England base rate. You should refer to each individual lender to see what their current base rate is. This is normally the Bank of England base rate plus a percentage (the lender's profit margin).
To view the current Bank of England base rate, please visit the bank of england here.
Option A
New Mortgage
You are looking for a new mortgage for a new home
Option B
Existing Mortgage
You are looking to get a better deal on your mortgage
Option C
Borrowing Extra
You are looking to borrow more from your home equity