Almost half of these looking for preliminary mounted fee mortgages are contemplating two-year offers.
This is in line with recent knowledge from Moneyfacts Analyser which finds that nearly one in two (48.77%) of these evaluating offers on the moneyfacts web site have been two-year mounted mortgages over August 2025.
The subsequent hottest alternative was five-year fixes (27.13%). People in search of mounted fee mortgage offers constituted the bulk (92.09%) of all mortgage site visitors.
Among these two-year choices have been first-time patrons (FTBs) (4.12%), second-time patrons (19.11%) and remortgage debtors (22.54%).
The least in style preliminary fee interval for mounted fee mortgages is one-year (0.70%). A major minority (6.31%) of debtors have been in search of a 10-year repair, regardless of mortgage charges nonetheless sitting at greater ranges in contrast to some years in the past.
For variable fee mortgages, the two-year choice was as soon as once more hottest for preliminary charges; FTBs (0.38%), second-time patrons (0.6%) and remortgage debtors (1.14%).
Commenting a spokesperson for Moneyfactscompare.co.uk stated: “It comes as little shock that many debtors are fascinated about a two-year time period given the final expectation for charges to proceed steadily falling over the short-to-medium time period.
“The Moneyfacts common two-year mounted mortgage fee has fallen from 5.2% at the beginning of 2025 to 4.98% now, not too long ago dipping under 5% for the primary time for the reason that aftermath of the so-called mini-Budget in September 2022.
However, they added that provided that inflation is forecast to take a seat above the Bank of England’s 2% goal till no less than 2027 and that the price of Government borrowing has been climbing, there have been nonetheless loads of financial challenges on the horizon which could affect mortgage charges and borrower behaviour sooner or later.
