Almost half (49%) of debtors evaluating mortgage offers in November 2025 have been contemplating two-year fixed-rate choices, based on new information from Moneyfactscompare.
This shorter-term deal was favoured by first-time consumers (70%) and remortgage clients (62%), whereas second-time consumers confirmed extra variation, with 45% leaning in direction of five-year or longer phrases.
Regardless of larger total mortgage charges, 7% of debtors have been additionally exploring 10-year mounted offers.
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Fastened fee mortgage demand by time period and borrower kind |
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Mortgage Price Interval |
Moneyfacts Common Mortgage Price (All LTVs) |
FTB |
STB |
RMTGS |
ALL |
|
2 12 months |
4.86% |
70% |
41% |
62% |
53% |
|
3 12 months |
4.76% |
5% |
11% |
7% |
9% |
|
5 12 months |
4.91% |
21% |
33% |
25% |
28% |
|
10 12 months |
5.61% |
2% |
12% |
3% |
7% |
|
Different |
n/a |
2% |
3% |
3% |
3% |
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Shoppers evaluating mounted time period mortgage offers on moneyfactscompare.co.uk, 1-30 November 2025, by borrower kind and time period. Common mortgage charges right as at 03 December 2025. Supply: Moneyfacts Analyser |
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FTB: first-time purchaser. STB: second time purchaser or homemover. RMTGS: remortgage |
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Adam French, head of Information at Moneyfactscompare, stated: “It’s not stunning that so many debtors are contemplating two-year offers, given expectations for charges to proceed falling within the brief to medium time period. Firstly of the yr, the typical two-year mounted mortgage fee was 5.48%, larger than the everyday five-year deal, which was priced at 5.25%. Nonetheless, two-year offers have since develop into cheaper, with common charges now at 4.86% and the typical five-year deal sat at 4.91%, each dipping beneath 5% earlier this yr for the primary time for the reason that mini finances in September 2022.
“Regardless of this, second-time consumers seem like prioritising stability, predictability, and safety from potential fee volatility over cheaper charges. They appear to be extra involved with securing long-term peace of thoughts, particularly if they’ve larger ranges of borrowing and need to defend themselves from sudden fee hikes.”
Reflecting on this newest analysis, Mary-Lou Press, president of NAEA Propertymark (Nationwide Affiliation of Property Brokers), commented: “The figures point out that client confidence remains to be being formed by uncertainty across the path of rates of interest. The sturdy shift in direction of two-year mounted merchandise displays a need amongst many debtors, notably first-time consumers and people remortgaging, to maintain their choices open ought to charges proceed to ease subsequent yr.
“Whereas short-term fixes are enticing within the present local weather, it’s notable {that a} vital share of second-time consumers are choosing longer-term stability. This aligns with what our member brokers are listening to on the bottom: householders with bigger loans or rising households are prioritising predictability of their month-to-month funds, even when meaning accepting a barely larger fee.
“Finally, debtors try to strike the correct steadiness between flexibility and safety. With pricing between two and five-year offers now nearer than earlier within the yr, skilled recommendation is extra necessary than ever.”
