Half (53%) of borrowers comparing fixed rate mortgage deals in November 2025 were considering two-year fixed-rate options, Moneyfacts data shows.<\/p>\n
This shorter-term deal was favoured by first-time buyers (70%) and remortgage customers (62%), while second-time buyers showed more variation, with 45% leaning towards five-year or longer terms.<\/p>\n
Adam French, head of news at Moneyfactscompare.co.uk, said: \u201cIt\u2019s not surprising that so many borrowers are considering two-year deals, given expectations for rates to continue falling in the short to medium term. <\/p>\n
\u201cAt the beginning of the year, the average two-year fixed mortgage rate was 5.48%, higher than the typical five-year deal, which was priced at 5.25%. <\/p>\n
\u201cHowever, two-year deals have since become cheaper, with average rates now at 4.86% and the average five-year deal sat at 4.91%, both dipping below 5% earlier this year for the first time since the mini budget in September 2022.<\/p>\n
\u201cDespite this, second-time buyers appear to be prioritising stability, predictability, and protection from potential rate volatility over cheaper rates. <\/p>\n
\u201cThey seem to be more concerned with securing long-term peace of mind, especially if they have higher levels of borrowing and want to shield themselves from unexpected rate hikes.\u201d<\/p>\n
Two-year fixed rates average at 4.86%, three-year at 3.76%, five-year at 4.91%, and 10-year 5.61%.<\/p>\n","protected":false},"excerpt":{"rendered":"
Half (53%) of borrowers comparing fixed rate mortgage deals in November 2025 were considering two-year fixed-rate options, Moneyfacts data shows. This shorter-term deal was favoured by first-time buyers (70%) and remortgage customers (62%), while second-time buyers showed more variation, with 45% leaning towards five-year or longer terms. Adam French, head of news at Moneyfactscompare.co.uk, said: […]<\/p>\n","protected":false},"author":1,"featured_media":6276,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[2],"tags":[],"class_list":["post-6275","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-second-home"],"yoast_head":"\n