Best Fixed Rate Mortgages

First-time buyers can now borrow up to six times their annual income from Nationwide BS after the lender amended its Helping Hand mortgage products.

First-time buyers can now borrow up to six times their annual income from Nationwide BS.

Temporary first-time buyers’ relief is expected to end on 31 March 2025 and will affect those in Southern England the most. Find out more.

Temporary first-time buyers’ relief is expected to end on 31 March 2025 and will affect those in Southern England the most.

The average prices of two- and five-year fixed deals return to levels unseen for over six months.

The average prices of two- and five-year fixed deals return to levels unseen for over six months.

Half of prospective first-time buyers say they have given up looking for a property as they feel so overwhelmed. Find out more.

Half of prospective first-time buyers say they have given up looking for a property as they feel so overwhelmed.

Mortgage borrowing reaches £2.8 billion in July, while net mortgage approvals for house purchases rise month-on-month. Find out more.

Mortgage borrowing reaches £2.8 billion in July, while net mortgage approvals for house purchases rise month-on-month.

Mortgage rates dropped between July and August as lenders reviewed and repriced their product ranges. Find out more about the current state of the mortgage market.

Mortgage rates dropped between July and August as lenders reviewed and repriced their product ranges.

Find out whether your lender is among those to have already passed on the reduction to variable mortgage rates.

Find out whether your lender is among those to have already passed on the reduction to variable mortgage rates.

The increase in mortgage borrowing may indicate an ‘uptick in confidence’ as rates continue to ease.

The increase in mortgage borrowing may indicate an ‘uptick in confidence’ as rates continue to ease.

Nationwide BS has reduced mortgage rates across its two-, three- and five-year fixed products by up to 0.25 percentage points.

Nationwide BS has reduced mortgage rates across its two-, three- and five-year fixed products by up to 0.25 percentage points.

The average shelf-life of a mortgage product doubled to 30 days in July while the number of mortgage products increased. See what this means for borrowers.

The average shelf-life of a mortgage product doubled to 30 days in July while the number of mortgage products increased.

The number of mortgage products available rose to a 16-year high of 6,629 in June. At the same time, the average shelf-life of a product almost halved.

The number of mortgage products available rose to a 16-year high of 6,629 in June.

A handful of lenders withdrew some of their higher LTV mortgage deals in the last week of May. Find out what this could mean for first-time buyers.

A handful of lenders withdrew some of their higher LTV mortgage deals in the last week of May.

The number of net mortgage approvals rose in April, reaching its highest level since September 2022. However, the market remains difficult for borrowers.

The number of net mortgage approvals rose in April, reaching its highest level since September 2022.

The number of buy-to-let products on the market increased between March and April. However, average rates also edged higher.

The number of buy-to-let products on the market increased between March and April. However, average rates also edged higher.

Average rates on fixed mortgages increased between March and April but, with a greater availability of products, there’s still some reason for optimism.

Despite a slight rise in average fixed mortgage rates, there’s still some reason for optimism.

The average shelf-life of a mortgage product saw a month-on-month drop from 28 days to 15 days. Meanwhile, average fixed mortgage rates edged upwards.

The average shelf-life of a mortgage product saw a month-on-month drop from 28 days to 15 days.

Average mortgage product fees rise to £1,141 while the proportion of deals offering cashback and other incentives drops.

Average mortgage product fees rises £46 in one year to £1,141.

The average two-year fixed rates saw their largest monthly fall between January and February. Find out more about how average mortgage rates are changing.

The average fixed mortgage rate fell by 0.37 percentage points between January and February.

This marks the fourth consecutive time the base rate has gone unchanged.

This marks the fourth consecutive time the base rate has gone unchanged.

Alongside falling fixed rates and a longer average shelf-life, increased product availability demonstrates a buoyant period in the mortgage market.

Alongside falling fixed rates and a longer average shelf-life, increased product availability demonstrates a buoyant period in the mortgage market.

Average fixed rates in the buy-to-let market have fallen month-on-month, Moneyfacts’ data reveals. The start of October saw the average rate for a two-year deal drop to 6.40%, down from 6.64% in September. Similarly, the average five-year fixed rate fell to 6.32% from 6.49% during the same months.

Buy-to-let market shows signs of recovery, with over 1,500 more products available compared to this time last year.

The average rate for a five-year fixed mortgage fell to 5.99% today – the first time this rate has dropped below 6% since 3 July 2023, according to Moneyfacts’ data.

The average rate for a five-year fixed mortgage fell to 5.99% today – the first time this rate has dropped below 6% since 3 July 2023.

The Bank of England’s Monetary Policy Committee (MPC) voted to keep the base rate at 5.25% today - the first time in almost two years the MPC have opted to keep borrowing costs unchanged.

This is the first time in almost two years the Bank of England’s Monetary Policy Committee (MPC) opted to keep borrowing costs unchanged.

Increased product choice, alongside falling average two and five-year fixed rates, may be an early sign of stability within the mortgage market.

Exceeding 5,300 at the start of September, product choice is at its highest level since February 2022.

The Mortgage Charter doesn’t include financial support for those struggling to keep up with their repayments.

The Mortgage Charter doesn’t include financial support for those struggling to keep up with their repayments.

The last time the average two-year fixed rates were higher was December 2022.

The last time the average two-year fixed rates were higher was December 2022.

This represents 4% of the total number of mortgages on the market.

This represents 4% of the total number of mortgages on the market.

Since last week almost 7% of mortgages have been withdrawn from market.

Since last week almost 7% of mortgages have been withdrawn from market.

Swap rates and market sentiment have played a role in reversing an established trend.

Swap rates and market sentiment have played a role in reversing an established trend.

The average five-year fixed mortgage rate has dropped below 6% today, having trended above this figure since 5 October.

The average five-year fixed mortgage rate has dropped below 6% today, having trended above this figure since 5 October.

The Bank of England (BoE) has voted to increase the base rate by 50 basis points today, the highest increase in 27 years. It now means the base rate stands at 1.75%.

The Bank of England (BoE) has voted to increase the base rate by 50 basis points today, the highest increase in 27 years.

Mortgage lending this year is set to increase by 31% compared to 2020, new data from UK Finance reveals

Mortgage lending this year is set to increase by 31% compared to 2020, new data from UK Finance reveals

Savers have almost doubled the amount of money they hold in savings accounts during the pandemic, but with savings rates remaining low homeowners may be considering using excess savings to overpay their mortgage

Savers have almost doubled the amount of money they hold in savings accounts during the pandemic

The cost of getting a mortgage has risen since March, with average product fees increasing while the number of deals with no product fees or offering free valuations falling

The cost of getting a mortgage has risen since March, with average product fees increasing while the number of deals with no product fees or offering free...

Consumers looking to lock into a new mortgage deal should act quickly, as mortgage rates continue to rise while the number of deals available is falling

Consumers looking to lock into a new mortgage deal should act quickly, as mortgage rates continue to rise while the number of deals available is falling

Mortgage borrowers on their lender’s standard variable rate (SVR) or who are coming to the end of a fixed rate deal, may want to consider locking into a new fixed deal soon as the latest research by Moneyfactscompare.co.uk has found that since July 2020 average rates have been rising

Mortgage borrowers on their lender’s SVR or who are coming to the end of a fixed rate deal, may want to consider locking into a new fixed deal