Best Fixed Rate Mortgage Deals

As an independent mortgage broker we can advise on the best fixed rate mortgage deals for you. We have access to the entire market and can do all the shopping around for you.

The fixed rate mortgage provides guaranteed monthly payments for a predetermined period. Since you are protected against rising interest rates, you can budget with confidence. Fixed rates are available for periods of between six months to 25 years, with two to five years being the most popular options. The popularity of fixed rates varies widely. In 1993, 55% of all mortgages taken out were on fixed rates. That dropped to an all-time low in 1996, when just 20% of homeloans were arranged on a fixed rate basis.

Fixed rate Incentives

Some lenders will offer a lower fixed rate to first-time buyers or those taking a larger loan. Or they may help towards legal and valuation fees.
There is, of course, the possibility that variable rates will fall below the fixed rate and you may be wary of being locked into a loan paying a higher rate.

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Best 2 year fixed rate mortgages

LenderRateAPRTypeDurationMax LTVRedemptionFees
Yorkshire BS 1.41% reverting to 4.99% 4.5% Fixed30/06/202065%To 30/06/2020 Completion £495
Sainsbury's Bank 1.44% reverting to 4.24% 3.9% Fixed30/06/202080%To 30/06/2020 Arrangement £995
Yorkshire BS 1.46% reverting to 4.99% 4.5% Fixed30/06/202075%To 30/06/2020 Completion £495
Sainsbury's Bank 1.49% reverting to 4.24% 3.9% Fixed30/06/202085%To 30/06/2020 Arrangement £995
first direct 1.54% reverting to 3.94% 3.5% Fixed2 years75%1st 2 yrs Booking £490, Upto £400000.00 Advance,Booking £980, £400001.00 - £800000.00 Advance,Booking £1470, £
Yorkshire BS 1.82% reverting to 4.99% 4.6% Fixed30/06/202090%To 30/06/2020 Completion £495
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AA Mortgages 1.49% reverting to 4.49% 4.1% Fixed30/06/202060%To 30/06/2020 Arrangement £1495
AA Mortgages 2.18% reverting to 4.49% 4.1% Fixed30/06/202075%To 30/06/2020 None
AA Mortgages 1.89% reverting to 4.49% 4.0% Fixed30/06/202060%To 30/06/2020 None
AA Mortgages 1.93% reverting to 4.49% 4.0% Fixed30/06/202075%To 30/06/2020 None
NatWest 2.40% reverting to 3.99% 3.8% Fixed31/07/202060%To 31/07/2020 None
first direct 1.84% reverting to 3.94% 3.7% Fixed2 years60%1st 2 yrs Booking £490, Upto £400000.00 Advance,Booking £980, £400001.00 - £800000.00 Advance,Booking £1470, £
Tesco Bank 1.79% reverting to 4.04% 3.7% Fixed31/07/202060%To 31/07/2020 None
HSBC 1.49% reverting to 3.94% 3.6% Fixed31/05/202060%To 31/05/2020 Booking £999
Royal Bank of Scotland 2.68% reverting to 3.99% 3.9% Fixed31/07/202060%To 31/07/2020 None
Yorkshire Bank 2.54% reverting to 4.95% 4.6% Fixed30/06/202075%1st 2 yrs None
Clydesdale Bank 2.54% reverting to 4.95% 4.6% Fixed30/06/202075%1st 2 yrs None
Virgin Money 1.84% reverting to 4.79% 4.4% Fixed01/07/202065%To 01/07/2020 None

Best 3 year fixed rate mortgages

LenderRateAPRTypeDurationMax LTVRedemptionFees
Yorkshire BS 1.66% reverting to 4.99% 4.3% Fixed30/06/202165%To 30/06/2021 Completion £495
Tesco Bank 1.83% reverting to 4.04% 3.5% Fixed31/07/202175%To 31/07/2021 None
Tesco Bank 1.93% reverting to 4.04% 3.6% Fixed31/07/202180%To 31/07/2021 None
Virgin Money 2.18% reverting to 4.79% 4.3% Fixed01/07/202190%To 01/07/2021 Arrangement £995
Skipton BS 2.19% reverting to 4.74% 4.2% Fixed30/06/202185%To 30/06/2021 None
Skipton BS 2.49% reverting to 4.74% 4.3% Fixed30/06/202190%To 30/06/2021 None
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Post Office Money® 1.85% reverting to 4.49% 4.0% Fixed30/06/202170%To 30/06/2021 Arrangement £1495
HSBC 1.94% reverting to 3.94% 3.5% Fixed31/05/202160%To 31/05/2021 None
Yorkshire Bank 2.29% reverting to 4.95% 4.4% Fixed30/06/202190%1st 3 yrs Arrangement £999
Clydesdale Bank 2.29% reverting to 4.95% 4.4% Fixed30/06/202190%1st 3 yrs Arrangement £999

Best 5 year + fixed rate mortgages

LenderRateAPRTypeDurationMax LTVRedemptionFees
Metro Bank 1.89% reverting to 4.00% 3.3% Fixed5 years65%1st 5 yrs Booking £999
Sainsbury's Bank 2.00% reverting to 4.24% 3.4% Fixed30/06/202380%To 30/06/2023 Arrangement £995
Sainsbury's Bank 2.08% reverting to 4.24% 3.5% Fixed30/06/202385%To 30/06/2023 Arrangement £995
Sainsbury's Bank 2.39% reverting to 4.24% 3.6% Fixed30/06/202390%To 30/06/2023 Arrangement £995
first direct 2.49% reverting to 3.94% 2.8% Fixed10 years60%1st 10 yrs None
first direct 2.94% reverting to 3.94% 3.2% Fixed10 years80%1st 10 yrs None
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NatWest 3.09% reverting to 3.99% 3.7% Fixed31/07/202360%To 31/07/2023 None
Post Office Money® 2.43% reverting to 4.49% 3.8% Fixed30/06/202360%To 30/06/2023 None
HSBC 1.89% reverting to 3.94% 3.2% Fixed31/05/202360%To 31/05/2023 Booking £999
Royal Bank of Scotland 3.39% reverting to 3.99% 3.8% Fixed31/07/202360%To 31/07/2023 None
Yorkshire Bank 2.94% reverting to 4.95% 4.2% Fixed30/06/202375%1st 5 yrs None
Virgin Money 2.01% reverting to 4.79% 3.9% Fixed01/07/202365%To 01/07/2023 Arrangement £995

Best buy tables as published by Moneyfacts