In the statement made by the financial data provider Moneyfacts, it was stated that the average 2-year fixed housing loan in the country increased to 6.63 percent.
Due to the crisis in the government budget in October last year, the average 2-year fixed mortgage loan interest rate in the country was recorded as 6.65 percent.
Experts state that rising interest rates are putting pressure on home sales.
The average 5-year fixed mortgage loan interest rate in the country was around 3 percent last year.
The Bank of England (BoE) increased the policy rate by 50 basis points from 4.50 percent to 5 percent last month.
Annual inflation in the country remained stable at 8.7 percent in May.