Today's rates
| Rate | Today | What it drives |
|---|---|---|
| Bank Rate | 3.75% | the ceiling for easy-access savings rates |
| SONIA (overnight) | 3.73% | what money market funds earn, before their charge |
| 5-year gilt yield | 4.97% | a five-year rung of a gilt ladder |
| 10-year gilt yield | 5.35% | the middle of the curve |
| 20-year gilt yield | 5.75% | long-dated income; annuity pricing |
| 10-year real yield · breakeven inflation | 2.03% · 3.40% | what an index-linked gilt pays above inflation, and the RPI inflation the market is pricing — Every gilt, including index-linked → |
| CPI inflation | 3.1% | what a return has to beat to grow at all (2026 AUG) |
| CPIH inflation | 3.3% | CPI including owner-occupiers' housing costs; index-linked gilts move to it from 2030 |
| RPI inflation | 3.4% | what index-linked gilts and many final-salary pensions still follow |
| Bank Rate in a year, market-implied | 4.88% | the market expects rises; 4.92% in two years, 4.78% in three |
Where the market expects Bank Rate to go
Priced for rises: 4.88% in a year and 4.92% in two. This is what a fixed savings rate or a fixed mortgage is a bet against: a one-year bond paying more than the path is worth fixing, one paying less is the bank betting you will not check. Markets change this path every day and are often wrong; what it tells you is the price of certainty today.
The yield curve
Read it left to right: what the market pays to lend to the government for six months, a year, ten years, forty. A rising curve means longer lending pays more; when the short end sits above the long end the market expects rates to fall. Two gilts maturing in the same year can show different yields below because a low-coupon gilt is closer to a zero-coupon bond — more of its return sits at the far end of the curve — and because gains on gilts are tax-free while coupons are not.
Money market funds hold very short-term instruments that earn roughly SONIA, so today they pay about 3.63%–3.61% after charges of 0.10%–0.12% (e.g. Royal London Short Term Money Market Fund, Vanguard Sterling Short-Term Money Market Fund). The rate floats day by day; a gilt locks its yield the day you buy.
Holding cash four ways — the facts
| Option | What it pays | The rate | Tax outside ISA or pension | Protection |
|---|---|---|---|---|
| Easy-access savings | the account's rate (Bank Rate 3.75%) | can change any month | interest taxed as income | FSCS to £85,000 per bank |
| Money market fund | ≈ 3.73% (SONIA) less the fund charge | floats day by day | interest taxed as income | not a deposit — fund assets held separately; no £85k deposit cover |
| Gilt held to maturity | 4.97% for 5 years today | locked when bought | coupon taxed; the gain is tax-free | repaid at face value by the government |
| Gilt ladder | the curve's average over its years | locked when bought | same as one gilt | same as one gilt |
Which fits depends on your tax rate and when the money is needed — the gilt ladder calculator does that arithmetic, including the savings rate a ladder is worth after tax.
The inflation the market is pricing
Index-linked gilts are priced against conventional ones, so the gap between them is the RPI inflation the market expects — the breakeven. Inflation now: CPI 3.1%, CPIH 3.3%, RPI 3.4% (2026 AUG). RPI runs about a point above CPI until the two are aligned in 2030, so a 3.3% RPI breakeven is roughly a 2.5% CPI one.
| Horizon | Breakeven inflation (RPI) | Real yield | Conventional yield |
|---|---|---|---|
| 5 years | 3.70% | 1.29% | 4.97% |
| 10 years | 3.40% | 2.03% | 5.35% |
| 20 years | 3.39% | 2.57% | 5.75% |
| 30 years | 3.44% | 2.51% | 6.04% |
Bank of England implied inflation and real spot curves, 13 Oct 2026. The planner's inflation assumption defaults to 2.5%; the 10-year breakeven is the market's number to set it against.
Every conventional gilt in issue
The complete DMO register (as of 2026-10-13), in maturity order — not a selection; the 35 inside ten years first, the rest below them. Yields and prices are indicative, computed from the Bank of England spot curve of 13 Oct 2026, coupon by coupon; the price is the clean price per £100; your platform shows the live price. "Tax-free gain" is the share of the return to maturity that is capital gain — exempt from tax outside an ISA or pension, while the coupon is taxed as interest.
| Gilt | Matures | Coupon | Indicative yield | Price ≈ | Tax-free gain |
|---|---|---|---|---|---|
| 0 3/8% Treasury Gilt 2026 GB00BNNGP668 | 2026-10 | 0.375% | 4.25% | £99.92 | 29% |
| 4 1/8% Treasury Gilt 2027 GB00BL6C7720 | 2027-01 | 4.125% | 4.25% | £99.96 | 2% |
| 3¾% Treasury Gilt 2027 GB00BPSNB460 | 2027-03 | 3.750% | 4.25% | £99.80 | 9% |
| 1¼% Treasury Gilt 2027 GB00BDRHNP05 | 2027-07 | 1.250% | 4.37% | £97.67 | 65% |
| 4¼% Treasury Gilt 2027 GB00B16NNR78 | 2027-12 | 4.250% | 4.52% | £99.70 | 4% |
| 0 1/8% Treasury Gilt 2028 GB00BMBL1G81 | 2028-01 | 0.125% | 4.56% | £94.47 | 97% |
| 4 3/8% Treasury Gilt 2028 GB00BSQNRC93 | 2028-03 | 4.375% | 4.59% | £99.71 | 4% |
| 4½% Treasury Gilt 2028 GB00BMF9LG83 | 2028-06 | 4.500% | 4.65% | £99.77 | 3% |
Show 63 more conventional giltsShow fewer conventional gilts
| Gilt | Matures | Coupon | Indicative yield | Price ≈ | Tax-free gain |
|---|---|---|---|---|---|
| 1 5/8% Treasury Gilt 2028 GB00BFX0ZL78 | 2028-10 | 1.625% | 4.72% | £94.10 | 59% |
| 6% Treasury Stock 2028 GB0002404191 | 2028-12 | 6% | 4.73% | £102.56 | 0% |
| 0½% Treasury Gilt 2029 GB00BLPK7227 | 2029-01 | 0.500% | 4.76% | £90.84 | 88% |
| 4% Treasury Gilt 2029 GB00BVP99566 | 2029-05 | 4% | 4.78% | £98.10 | 14% |
| 4 1/8% Treasury Gilt 2029 GB00BQC82B83 | 2029-07 | 4.125% | 4.80% | £98.26 | 12% |
| 0 7/8% Treasury Gilt 2029 GB00BJMHB534 | 2029-10 | 0.875% | 4.83% | £89.00 | 78% |
| 4 3/8% Treasury Gilt 2030 GB00BSQNRD01 | 2030-03 | 4.375% | 4.85% | £98.52 | 9% |
| 4 5/8% Treasury Gilt 2030 GB00BWBR1P52 | 2030-05 | 4.625% | 4.87% | £99.20 | 4% |
| 0 3/8% Treasury Gilt 2030 GB00BL68HH02 | 2030-10 | 0.375% | 4.91% | £83.63 | 91% |
| 4¾% Treasury Gilt 2030 GB00B24FF097 | 2030-12 | 4.750% | 4.91% | £99.41 | 3% |
| 4 1/8% Treasury Gilt 2031 GB00BVP99673 | 2031-03 | 4.125% | 4.93% | £96.86 | 14% |
| 0¼% Treasury Gilt 2031 GB00BMGR2809 | 2031-07 | 0.250% | 4.97% | £80.08 | 94% |
| 4% Treasury Gilt 2031 GB00BPSNBF73 | 2031-10 | 4% | 4.97% | £95.72 | 16% |
| 1% Treasury Gilt 2032 GB00BM8Z2T38 | 2032-01 | 1% | 5.01% | £81.55 | 77% |
| 4 5/8% Treasury Gilt 2032 GB00BWGDRG14 | 2032-03 | 4.625% | 5.00% | £98.24 | 6% |
| 4¼% Treasury Stock 2032 GB0004893086 | 2032-06 | 4.250% | 5.02% | £96.25 | 13% |
| 3¼% Treasury Gilt 2033 GB00BMV7TC88 | 2033-01 | 3.250% | 5.08% | £90.25 | 32% |
| 4 1/8% Treasury Gilt 2033 GB00BVP99780 | 2033-03 | 4.125% | 5.08% | £94.84 | 16% |
| 0 7/8% Green Gilt 2033 GB00BM8Z2S21 | 2033-07 | 0.875% | 5.13% | £75.83 | 80% |
| 4 5/8% Treasury Gilt 2034 GB00BPJJKN53 | 2034-01 | 4.625% | 5.15% | £96.84 | 8% |
| 4¼% Treasury Gilt 2034 GB00BQC82C90 | 2034-07 | 4.250% | 5.19% | £94.02 | 15% |
| 4½% Treasury Gilt 2034 GB00B52WS153 | 2034-09 | 4.500% | 5.20% | £95.52 | 11% |
| 4½% Treasury Gilt 2035 GB00BT7J0027 | 2035-03 | 4.500% | 5.24% | £95.04 | 11% |
| 0 5/8% Treasury Gilt 2035 GB00BMGR2916 | 2035-07 | 0.625% | 5.31% | £67.41 | 85% |
| 4¾% Treasury Gilt 2035 GB00BTXS1K06 | 2035-10 | 4.750% | 5.28% | £96.21 | 8% |
| 4¼% Treasury Stock 2036 GB0032452392 | 2036-03 | 4.250% | 5.32% | £92.19 | 16% |
| 4 7/8% Treasury Gilt 2036 GB00BWBR1N39 | 2036-07 | 4.875% | 5.34% | £96.49 | 7% |
| 4 5/8% Green Gilt 2037 GB00BVP99905 | 2037-03 | 4.625% | 5.39% | £94.00 | 11% |
| 1¾% Treasury Gilt 2037 GB00BZB26Y51 | 2037-09 | 1.750% | 5.47% | £69.79 | 61% |
| 3¾% Treasury Gilt 2038 GB00BQC4R999 | 2038-01 | 3.750% | 5.46% | £85.73 | 25% |
| 4¾% Treasury Stock 2038 GB00B00NY175 | 2038-12 | 4.750% | 5.50% | £93.44 | 10% |
| 1 1/8% Treasury Gilt 2039 GB00BLPK7334 | 2039-01 | 1.125% | 5.58% | £60.74 | 74% |
| 4¼% Treasury Gilt 2039 GB00B3KJDS62 | 2039-09 | 4.250% | 5.55% | £88.15 | 18% |
| 4 3/8% Treasury Gilt 2040 GB00BQC82D08 | 2040-01 | 4.375% | 5.57% | £88.89 | 16% |
| 4¼% Treasury Gilt 2040 GB00B6460505 | 2040-12 | 4.250% | 5.61% | £86.81 | 18% |
| 5¼% Treasury Gilt 2041 GB00BVP99897 | 2041-01 | 5.250% | 5.60% | £96.58 | 4% |
| 1¼ % Treasury Gilt 2041 GB00BJQWYH73 | 2041-10 | 1.250% | 5.73% | £55.26 | 70% |
| 4½% Treasury Gilt 2042 GB00B1VWPJ53 | 2042-12 | 4.500% | 5.69% | £87.56 | 14% |
| 4¾% Treasury Gilt 2043 GB00BPJJKP77 | 2043-10 | 4.750% | 5.71% | £89.64 | 11% |
| 3¼% Treasury Gilt 2044 GB00B84Z9V04 | 2044-01 | 3.250% | 5.75% | £72.82 | 32% |
| 3½% Treasury Gilt 2045 GB00BN65R313 | 2045-01 | 3.500% | 5.77% | £74.54 | 28% |
| 0 7/8% Treasury Gilt 2046 GB00BNNGP775 | 2046-01 | 0.875% | 5.89% | £42.61 | 77% |
| 4¼% Treasury Gilt 2046 GB00B128DP45 | 2046-12 | 4.250% | 5.79% | £81.84 | 17% |
| 1½% Treasury Gilt 2047 GB00BDCHBW80 | 2047-07 | 1.500% | 5.89% | £47.80 | 62% |
| 1¾% Treasury Gilt 2049 GB00BFWFPP71 | 2049-01 | 1.750% | 5.89% | £48.98 | 56% |
| 4¼% Treasury Gilt 2049 GB00B39R3707 | 2049-12 | 4.250% | 5.82% | £80.18 | 17% |
| 0 5/8% Treasury Gilt 2050 GB00BMBL1F74 | 2050-10 | 0.625% | 5.96% | £32.33 | 82% |
| 1¼% Treasury Gilt 2051 GB00BLH38158 | 2051-07 | 1.250% | 5.92% | £39.65 | 66% |
| 3¾% Treasury Gilt 2052 GB00B6RNH572 | 2052-07 | 3.750% | 5.84% | £72.36 | 22% |
| 1½% Green Gilt 2053 GB00BM8Z2V59 | 2053-07 | 1.500% | 5.91% | £41.09 | 59% |
| 3¾% Treasury Gilt 2053 GB00BPCJD997 | 2053-10 | 3.750% | 5.83% | £71.82 | 21% |
| 4 3/8% Treasury Gilt 2054 GB00BPSNBB36 | 2054-07 | 4.375% | 5.82% | £80.21 | 14% |
| 1 5/8% Treasury Gilt 2054 GB00BJLR0J16 | 2054-10 | 1.625% | 5.89% | £41.82 | 56% |
| 4¼% Treasury Gilt 2055 GB00B06YGN05 | 2055-12 | 4.250% | 5.81% | £78.15 | 15% |
| 5 3/8% Treasury Gilt 2056 GB00BT7J0241 | 2056-01 | 5.375% | 5.80% | £94.06 | 4% |
| 1¾% Treasury Gilt 2057 GB00BD0XH204 | 2057-07 | 1.750% | 5.85% | £41.78 | 52% |
| 4% Treasury Gilt 2060 GB00B54QLM75 | 2060-01 | 4% | 5.78% | £73.84 | 16% |
| 0½% Treasury Gilt 2061 GB00BMBL1D50 | 2061-10 | 0.500% | 5.79% | £21.01 | 82% |
| 4% Treasury Gilt 2063 GB00BMF9LF76 | 2063-10 | 4% | 5.72% | £73.61 | 15% |
| 2½% Treasury Gilt 2065 GB00BYYMZX75 | 2065-07 | 2.500% | 5.68% | £50.36 | 34% |
| 3½% Treasury Gilt 2068 GB00BBJNQY21 | 2068-07 | 3.500% | 5.67% | £65.47 | 19% |
| 1 5/8% Treasury Gilt 2071 GB00BFMCN652 | 2071-10 | 1.625% | 5.64% | £34.62 | 47% |
| 1 1/8% Treasury Gilt 2073 GB00BLBDX619 | 2073-10 | 1.125% | 5.63% | £25.85 | 58% |
Every index-linked gilt in issue
Gilts whose coupons and repayment rise with inflation — RPI now, CPIH from 2030 — so what they promise is buying power, not pounds. Quoted by real yield, the return above inflation; the breakeven is the inflation at which one matches a conventional gilt of the same length. Indicative, from the Bank of England real and inflation curves of 13 Oct 2026; no prices, because a linker's cash price carries the inflation uplift since it was issued, which your platform shows. Rows marked 8 use the older eight-month indexation design.
| Gilt | Matures | Real coupon | Real yield ≈ | Breakeven inflation | Cash return if inflation = breakeven | Lag |
|---|---|---|---|---|---|---|
| 1¼% Index-linked Treasury Gilt 2027 GB00B128DH60 | 2027-11 | 1.250% | 0.63% | 4.15% | 4.81% | 3m |
| 0 1/8% Index-linked Treasury Gilt 2028 GB00BZ1NTB69 | 2028-08 | 0.125% | 0.63% | 4.15% | 4.81% | 3m |
| 0 1/8% Index-linked Treasury Gilt 2029 GB00B3Y1JG82 | 2029-03 | 0.125% | 0.63% | 4.15% | 4.81% | 3m |
| 4 1/8% Index-linked Treasury Stock 2030 GB0008932666 | 2030-07 | 4.125% | 0.99% | 3.88% | 4.91% | 8m |
| 0 1/8% Index-linked Treasury Gilt 2031 GB00BNNGP551 | 2031-08 | 0.125% | 1.25% | 3.72% | 5.02% | 3m |
| 1¼% Index-linked Treasury Gilt 2032 GB00B3D4VD98 | 2032-11 | 1.250% | 1.48% | 3.58% | 5.12% | 3m |
| 0¾% Index-linked Treasury Gilt 2033 GB00BMF9LJ15 | 2033-11 | 0.750% | 1.65% | 3.51% | 5.21% | 3m |
| 0¾% Index-linked Treasury Gilt 2034 GB00B46CGH68 | 2034-03 | 0.750% | 1.70% | 3.49% | 5.24% | 3m |
Show 26 more index-linked giltsShow fewer index-linked gilts
| Gilt | Matures | Real coupon | Real yield ≈ | Breakeven inflation | Cash return if inflation = breakeven | Lag |
|---|---|---|---|---|---|---|
| 2% Index-linked Treasury Stock 2035 GB0031790826 | 2035-01 | 2% | 1.79% | 3.45% | 5.30% | 8m |
| 1 1/8% Index-linked Treasury Gilt 2035 GB00BT7HZZ68 | 2035-09 | 1.125% | 1.88% | 3.43% | 5.37% | 3m |
| 0 1/8% Index-linked Treasury Gilt 2036 GB00BYZW3J87 | 2036-11 | 0.125% | 2.03% | 3.40% | 5.50% | 3m |
| 1 1/8% Index-linked Treasury Gilt 2037 GB00B1L6W962 | 2037-11 | 1.125% | 2.10% | 3.39% | 5.56% | 3m |
| 1¾% Index-linked Treasury Gilt 2038 GB00BMY62Z61 | 2038-09 | 1.750% | 2.15% | 3.38% | 5.60% | 3m |
| 0 1/8% Index-linked Treasury Gilt 2039 GB00BLH38265 | 2039-03 | 0.125% | 2.24% | 3.38% | 5.69% | 3m |
| 0 5/8% Index-linked Treasury Gilt 2040 GB00B3LZBF68 | 2040-03 | 0.625% | 2.29% | 3.38% | 5.74% | 3m |
| 0 1/8% Index-linked Treasury Gilt 2041 GB00BGDYHF49 | 2041-08 | 0.125% | 2.39% | 3.38% | 5.85% | 3m |
| 0 5/8% Index-linked Treasury Gilt 2042 GB00B3MYD345 | 2042-11 | 0.625% | 2.43% | 3.38% | 5.89% | 3m |
| 0 1/8% Index-linked Treasury Gilt 2044 GB00B7RN0G65 | 2044-03 | 0.125% | 2.50% | 3.39% | 5.97% | 3m |
| 0 5/8% Index-linked Treasury Gilt 2045 GB00BMF9LH90 | 2045-03 | 0.625% | 2.50% | 3.39% | 5.98% | 3m |
| 0 1/8% Index-linked Treasury Gilt 2046 GB00BYMWG366 | 2046-03 | 0.125% | 2.55% | 3.39% | 6.03% | 3m |
| 0¾% Index-linked Treasury Gilt 2047 GB00B24FFM16 | 2047-11 | 0.750% | 2.54% | 3.40% | 6.03% | 3m |
| 0 1/8% Index-linked Treasury Gilt 2048 GB00BZ13DV40 | 2048-08 | 0.125% | 2.58% | 3.40% | 6.07% | 3m |
| 1 7/8% Index-linked Treasury Gilt 2049 GB00BT7J0134 | 2049-09 | 1.875% | 2.51% | 3.41% | 6.01% | 3m |
| 0½% Index-linked Treasury Gilt 2050 GB00B421JZ66 | 2050-03 | 0.500% | 2.57% | 3.41% | 6.06% | 3m |
| 0 1/8% Index-linked Treasury Gilt 2051 GB00BNNGP882 | 2051-03 | 0.125% | 2.58% | 3.42% | 6.09% | 3m |
| 0¼% Index-linked Treasury Gilt 2052 GB00B73ZYW09 | 2052-03 | 0.250% | 2.57% | 3.42% | 6.08% | 3m |
| 1¼% Index-linked Treasury Gilt 2054 GB00BPSNBG80 | 2054-11 | 1.250% | 2.50% | 3.44% | 6.03% | 3m |
| 1¼% Index-linked Treasury Gilt 2055 GB00B0CNHZ09 | 2055-11 | 1.250% | 2.49% | 3.44% | 6.01% | 3m |
| 0 1/8% Index-Linked Treasury Gilt 2056 GB00BYVP4K94 | 2056-11 | 0.125% | 2.50% | 3.44% | 6.03% | 3m |
| 0 1/8% Index-linked Treasury Gilt 2058 GB00BP9DLZ64 | 2058-03 | 0.125% | 2.47% | 3.45% | 6.00% | 3m |
| 0 3/8% Index-linked Treasury Gilt 2062 GB00B4PTCY75 | 2062-03 | 0.375% | 2.35% | 3.44% | 5.87% | 3m |
| 0 1/8% Index-linked Treasury Gilt 2065 GB00BD9MZZ71 | 2065-11 | 0.125% | 2.21% | 3.42% | 5.70% | 3m |
| 0 1/8% Index-linked Treasury Gilt 2068 GB00BDX8CX86 | 2068-03 | 0.125% | 2.17% | 3.41% | 5.66% | 3m |
| 0 1/8% Index-linked Treasury Gilt 2073 GB00BM8Z2W66 | 2073-03 | 0.125% | 2.17% | 3.41% | 5.66% | 3m |
What banks quoted last month, on average
The Bank of England's monthly averages of the rates advertised to new customers (30 Sep 2026). A best-buy table sits above these; your own bank may sit well below. Averages are weighted by how much each lender does, so the big banks pull them down.
| Savings | Average rate | Compare with |
|---|---|---|
| Instant access (no bonus) | 1.90% | Bank Rate 3.75%; NS&I Direct Saver 3.75% |
| Variable cash ISA | 1.94% | NS&I Direct ISA 3.80% |
| One-year fixed bond | 4.35% | one-year gilt yield 4.52% |
| Two-year fixed bond | 4.50% | |
| Three-year fixed bond | 4.56% | |
| One-year fixed cash ISA | 4.56% | |
| Two-year fixed cash ISA | 4.53% |
| Mortgages | Average rate | Compare with |
|---|---|---|
| Two-year fix, 60% loan-to-value | 5.01% | Bank Rate in two years, market-implied: 4.92% |
| Two-year fix, 75% | 5.13% | |
| Two-year fix, 90% | 5.37% | |
| Two-year fix, 95% | 5.70% | |
| Three-year fix, 75% | 4.93% | |
| Five-year fix, 75% | 4.98% | five-year gilt yield 4.97% |
| Five-year fix, 95% | 5.54% | |
| Ten-year fix, 75% | 5.34% | |
| Two-year tracker, 75% | 4.23% | Bank Rate 3.75% plus the margin |
| Standard variable (revert-to) rate | 6.58% | what a fix falls back to |
| Buy-to-let two-year fix, 75% | 4.34% |
Source: Bank of England quoted household interest rates (Bankstats table G1.3), end of 30 Sep 2026. The planner's mortgage stress test and its "rate after the fix" default use the two-year 75% figure.
NS&I — the government's own savings
National Savings and Investments is backed by HM Treasury: every pound is guaranteed, with no £85,000 limit. Premium Bond prizes and ISA interest are tax-free; the rest pays gross and is taxed as savings income above the personal savings allowance. Rates as published at nsandi.com, checked 5 Sept 2026; NS&I changes them a few times a year.
| Product | Rate | Tax | Access | Min–max |
|---|---|---|---|---|
| Premium Bonds prize fund rate, variable; odds 21,000 to 1 per £1 bond each month | 4.35% | tax-free | cash in any time | £25–£50,000 |
| Direct ISA tax-free/AER, variable | 3.80% | tax-free | easy access | £1–£20,000 |
| Direct Saver gross/AER, variable | 3.75% | taxable, paid gross | easy access | £1–£2,000,000 |
| Income Bonds 3.69% gross paid monthly, 3.75% AER, variable | 3.75% | taxable, paid gross | easy access | £500–£1,000,000 |
| Guaranteed Growth Bonds, 1 year gross/AER, fixed for 1 year (Issue 92) | 4.82% | taxable, paid gross | no access until the end of the term | £500–£1,000,000 |
| Guaranteed Growth Bonds, 2 years gross/AER, fixed for 2 years (Issue 80) | 4.81% | taxable, paid gross | no access until the end of the term | £500–£1,000,000 |
| Guaranteed Growth Bonds, 3 years gross/AER, fixed for 3 years (Issue 82) | 4.83% | taxable, paid gross | no access until the end of the term | £500–£1,000,000 |
| Guaranteed Growth Bonds, 5 years gross/AER, fixed for 5 years (Issue 74) | 4.85% | taxable, paid gross | no access until the end of the term | £500–£1,000,000 |
| Guaranteed Income Bonds, 1 to 5 years 4.72–4.75% gross paid monthly, 4.82–4.85% AER by term | 4.82% | taxable, paid gross | no access until the end of the term | £500–£1,000,000 |
| Green Savings Bonds gross/AER, fixed for 3 years (Issue 9) | 4.45% | taxable, paid gross | no access until the end of the term | £100–£100,000 |
| Junior ISA tax-free/AER, variable | 3.70% | tax-free | the child's at 18 | £1–£9,000 |
| Investment Account gross/AER, variable | 2.05% | taxable, paid gross | easy access | £20–£1,000,000 |
The Premium Bond prize fund rate is the average return across every bond; most holders earn less than it in any one year and a few earn much more. Tax-free matters most to higher-rate taxpayers who have used their ISA allowance.
House prices. The average UK home was £272,611 in July 2026, up 1.4% on a year earlier (HM Land Registry UK House Price Index, published about six weeks in arrears). The planner's property growth assumption is set against this; over long periods UK house prices have tracked earnings plus a little.