Almost half of those who look for initial mortgages with a fixed rate, are considering two -year deals.
According to new data from Moneyfacts Analyzer, this is that almost one in two (48.77%) of those who compare deals on the MoneyFacts website looked at two years of fixed mortgages in August 2025.
The next most popular choice was five -year solutions (27.13%). People who were looking for mortgage agreements with a fixed rate were the majority (92.09%) of all mortgage traffic.
Among those who looked at two-year options, first buyers (FTBs) (4.12%), second buyers (19.11%) and RemortGage borrowers (22.54%) were second buyers.
The least popular initial rate period for mortgages with a fixed rate is one year (0.70%). A significant minority (6.31%) of the borrowers was looking for a solution for 10 years, despite the mortgage interest that was still at higher levels compared to a few years ago.
For mortgages with a variable rate, the two -year option was again the most popular for initial rates; FTBS (0.38%), Second-time buyers (0.6%) and RemortGage borrowers (1.14%).
A spokesperson for MoneyfactCompare.co.uk said: “It is little surprise that many borrowers are interested in a period of two years in view of the general expectation for the rates to continue to fall steadily over the short-to-medium period.
‘The money facts on average two years of fixed mortgage interest has fallen from 5.2% at the beginning of 2025 to 4.98% now, recently for the first time since the aftermath of the so-called mini-budget in September 2022 immersed below 5%.
However, they added that, since inflation is predicted above the purpose of 2% of the Bank of England to at least 2027 and that the costs of borrowing the government have risen, there were still many economic challenges on the horizon that could influence mortgage interest and borrowing behavior in the future.