Fixed-rate mortgages are very popular in the UK. As the name suggests, they allow you to fix the rate of interest you will pay on your mortgage for an agreed period. Most UK mortgage lenders offer a range of fixed-rate mortgages. The most popular are two-year, three-year and five-year deals, but it is possible to get a fixed-rate mortgage for anything from six months to 25 years.
As a rule, the longer you fix your rate for, the higher the interest rate you can expect to pay. However, as this market is so competitive, two-, three- and five-year deals are sometimes available at very similar interest rates.







