2-Year Fixed Mortgage Rates
Key figures on 2-year fixed mortgage products across the UK market.
Average 2-Year Fixed Mortgage Rate
4.92%
Average rate across UK lenders for a new 2-year fixed mortgage at 75% loan-to-value, based on Bank of England quoted-rate data for August 2026.
Bank of England · checked 23 Sep 2026
Lowest Available 2-Year Fixed Rate
4.29%
Best-buy rate typically requires a lower loan-to-value.
Moneyfacts · checked 28 Sep 2026
Bank of England Base Rate
3.75%
Held at this level following the 17 September 2026 MPC meeting; sets the baseline most fixed mortgage pricing is set against.
Bank of England · checked 23 Sep 2026
Average Mortgage Product Fee
£999
Typical arrangement fee charged on fixed-rate deals.
Moneyfacts · checked 1 Sep 2026
Average Rate on Newly-Drawn Mortgages (All Types)
4.45%
Official Bank of England figure for the actual interest paid on newly-drawn mortgages in July 2026, blended across all mortgage types and terms — not specific to 2-year fixed products, but a genuine free primary-source benchmark for where new borrowing is pricing.
Bank of England — Money and Credit · checked 23 Sep 2026