Half (53%) of debtors evaluating fastened charge mortgage offers in November 2025 had been contemplating two-year fixed-rate choices, Moneyfacts information exhibits.
This shorter-term deal was favoured by first-time consumers (70%) and remortgage prospects (62%), whereas second-time consumers confirmed extra variation, with 45% leaning in direction of five-year or longer phrases.
Adam French, head of stories at Moneyfactscompare.co.uk, 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 fastened mortgage charge was 5.48%, greater than the standard five-year deal, which was priced at 5.25%.
“Nonetheless, two-year offers have since change into cheaper, with common charges now at 4.86% and the typical five-year deal sat at 4.91%, each dipping under 5% earlier this yr for the primary time for the reason that mini funds in September 2022.
“Regardless of this, second-time consumers look like prioritising stability, predictability, and safety from potential charge volatility over cheaper charges.
“They appear to be extra involved with securing long-term peace of thoughts, particularly if they’ve greater ranges of borrowing and wish to defend themselves from sudden charge hikes.”
Two-year fastened charges common at 4.86%, three-year at 3.76%, five-year at 4.91%, and 10-year 5.61%.
