Compare 2 Year Fixed Rate Mortgages

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  • Santander's logo'

    Santander 2 Year Fixed

    • Cashback Available
    • Initial Rate
      0.84% Fixed to 02/01/2024
    • APRC
      2.80%
    • Product Fee
      £749
    • Monthly Repayment
      £554.51
    Continue on Fluent Mortgages' website + More info
  • TSB's logo'

    TSB 2 Year Fixed

    • Initial Rate
      0.84% Fixed to 29/02/2024
    • APRC
      3.20%
    • Product Fee
      £995
    • Monthly Repayment
      £554.51
    Continue on Fluent Mortgages' website + More info
  • Barclays Mortgage's logo'

    Barclays Mortgage 2 Year Fixed

    • Cashback Available
    • Initial Rate
      0.86% Fixed to 30/11/2023
    • APRC
      3.20%
    • Product Fee
      £999
    • Monthly Repayment
      £555.85
    Continue on Fluent Mortgages' website + More info
  • NatWest's logo'

    NatWest 2 Year Fixed

    • Cashback Available
    • Initial Rate
      0.87% Fixed to 29/02/2024
    • APRC
      3.20%
    • Product Fee
      £995
    • Monthly Repayment
      £556.53
  • NatWest's logo'

    NatWest 2 Year Fixed

    • Cashback Available
    • Initial Rate
      0.87% Fixed to 29/02/2024
    • APRC
      3.20%
    • Product Fee
      £995
    • Monthly Repayment
      £556.53
  • Click here to see 1 similar product
  • Royal Bank of Scotland's logo'

    Royal Bank of Scotland 2 Year Fixed

    • Cashback Available
    • Initial Rate
      0.87% Fixed to 29/02/2024
    • APRC
      3.20%
    • Product Fee
      £995
    • Monthly Repayment
      £556.53
  • Cumberland BS's logo'

    Cumberland BS 2 Year Fixed

    • Initial Rate
      0.88% Fixed to 01/01/2024
    • APRC
      3.80%
    • Product Fee
      £1,999
    • Monthly Repayment
      £557.20
    Continue on Fluent Mortgages' website + More info
  • Cumberland BS's logo'

    Cumberland BS 2 Year Fixed

    • Initial Rate
      0.88% Fixed to 01/01/2024
    • APRC
      3.80%
    • Product Fee
      £1,999
    • Monthly Repayment
      £557.20
    Continue on Fluent Mortgages' website + More info
  • Click here to see 1 similar product
  • NatWest's logo'

    NatWest 2 Year Fixed

    • Initial Rate
      0.88% Fixed to 29/02/2024
    • APRC
      3.20%
    • Product Fee
      £995
    • Monthly Repayment
      £557.20
  • Royal Bank of Scotland's logo'

    Royal Bank of Scotland 2 Year Fixed

    • Initial Rate
      0.88% Fixed to 29/02/2024
    • APRC
      3.20%
    • Product Fee
      £995
    • Monthly Repayment
      £557.20
  • HSBC's logo'

    HSBC 2 Year Fixed

    • Initial Rate
      0.89% Fixed to 31/01/2024
    • APRC
      3.20%
    • Product Fee
      £999
    • Monthly Repayment
      £557.87
  • HSBC's logo'

    HSBC 2 Year Fixed

    • Initial Rate
      0.89% Fixed to 31/01/2024
    • APRC
      3.20%
    • Product Fee
      £999
    • Monthly Repayment
      £557.87
  • Click here to see 1 similar product
  • Nationwide BS's logo'

    Nationwide BS 2 Year Fixed

    • Initial Rate
      0.89% Fixed for 2 years
    • APRC
      3.10%
    • Product Fee
      £999
    • Monthly Repayment
      £557.87
    Continue on Fluent Mortgages' website + More info
  • Nationwide BS's logo'

    Nationwide BS 2 Year Fixed

    • Cashback Available
    • Initial Rate
      0.89% Fixed for 2 years
    • APRC
      3.10%
    • Product Fee
      £999
    • Monthly Repayment
      £557.87
    Continue on Fluent Mortgages' website + More info
  • Click here to see 1 similar product
  • Santander's logo'

    Santander 2 Year Fixed

    • Cashback Available
    • Initial Rate
      0.89% Fixed to 02/01/2024
    • APRC
      2.90%
    • Product Fee
      £999
    • Monthly Repayment
      £557.87
    Continue on Fluent Mortgages' website + More info
  • Santander's logo'

    Santander 2 Year Fixed

    • Cashback Available
    • Initial Rate
      0.89% Fixed to 02/01/2024
    • APRC
      2.90%
    • Product Fee
      £999
    • Monthly Repayment
      £557.87
    Continue on Fluent Mortgages' website + More info
  • Click here to see 1 similar product
  • TSB's logo'

    TSB 2 Year Fixed

    • Initial Rate
      0.89% Fixed to 29/02/2024
    • APRC
      2.40%
    • Product Fee
      £995
    • Monthly Repayment
      £557.87
    Continue on Fluent Mortgages' website + More info
  • TSB's logo'

    TSB 2 Year Fixed

    • Initial Rate
      0.89% Fixed to 29/02/2024
    • APRC
      3.20%
    • Product Fee
      £995
    • Monthly Repayment
      £557.87
    Continue on Fluent Mortgages' website + More info
  • Halifax's logo'

    Halifax 2 Year Fixed

    • Cashback Available
    • Initial Rate
      0.90% Fixed to 30/11/2023
    • APRC
      3.40%
    • Product Fee
      £995
    • Monthly Repayment
      £558.54
    Continue on Halifax's website + More info
  • Halifax's logo'

    Halifax 2 Year Fixed

    • Cashback Available
    • Initial Rate
      0.90% Fixed to 30/11/2023
    • APRC
      3.50%
    • Product Fee
      £995
    • Monthly Repayment
      £558.54
    Continue on Halifax's website + More info
  • Yorkshire Building Society's logo'

    Yorkshire Building Society 2 Year Fixed

    • Initial Rate
      0.90% Fixed to 29/02/2024
    • APRC
      3.30%
    • Product Fee
      £1,495
    • Monthly Repayment
      £558.54
    Continue on Fluent Mortgages' website + More info
  • Yorkshire Building Society's logo'

    Yorkshire Building Society 2 Year Fixed

    • Initial Rate
      0.90% Fixed to 29/02/2024
    • APRC
      3.60%
    • Product Fee
      £1,495
    • Monthly Repayment
      £558.54
    Continue on Fluent Mortgages' website + More info
  • NatWest's logo'

    NatWest 2 Year Fixed

    • Cashback Available
    • Initial Rate
      0.92% Fixed to 29/02/2024
    • APRC
      3.20%
    • Product Fee
      £995
    • Monthly Repayment
      £559.89

Your home may be repossessed if you do not keep up repayments on your mortgage.

The mortgage data above was supplied by Moneyfacts Group Plc and is updated at the time of mortgage search. The figures and data provided in our tables are for illustration purposes only. While we make every effort to ensure the accuracy of this data you should always confirm the terms on offer with the provider/broker. We do not give any financial advice.

Our mortgage comparison service is partnered with Fluent Mortgages for selections made outside of our featured lenders. Featured lenders are firms with whom we have a direct commercial relationship.

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Last updated on 04 March 2021.

2-Year Fixed Rate Mortgages FAQ

What is a two-year fixed-rate mortgage?

Two-year fixed-rate mortgages allow borrowers to make monthly repayments on their mortgage, at a fixed rate of interest for a term of two years. This helps keep a lid on interest payments to be made.

Are fixed-rate mortgages useful for first-time buyers?

Yes, especially as new home buyers might be keen to avoid having to pay fluctuating sums of interest on their mortgage, as would be the case with a variable-rate mortgage product.

Is a two-year fixed-rate mortgage cheaper than a five-year fixed-rate mortgage?

As fixing rates for longer entails greater risk to a lender over time, they would be inclined to charge a higher rate of interest over a five-year fixed term as compared to a two-year fixed term. Use NerdWallet’s comparison tables to determine which product best suits your requirements.

What happens when the fixed-rate term ends?

You might wish to make prior arrangements to have a new fixed rate before the current one expires. If no arrangement is made, you would transition onto your provider’s Standard Variable Rate. Please note that this would result in interest payments rising substantially.

What is an interest-only mortgage?

Some mortgages allow borrowers to pay just interest on a monthly basis, with the mortgage loan outstanding, to be paid off in full when the term ends. Again, these kinds of products are suitable for those wishing to keep costs to a minimum.

What is LTV?

Loan-to-value (LTV) is a ratio measuring the proportion of a new property’s value that a provider is willing to offer in the form of the mortgage loan. If your provider offered you a mortgage with an LTV of 80%, you would have to repay the remaining 20% upfront as a deposit.

Are higher-LTV mortgages costlier?

They can be, despite the fact that you’ve got a smaller deposit to save up for at the start. This is because a high LTV entails greater risk to your provider. As a way of mitigating this risk, the provider will opt to charge a higher rate of interest than they would on a lower-LTV mortgage.

Is early repayment possible on a mortgage?

Early repayment should be possible with many providers, but please check terms and conditions to see whether they have any Early Repayment Charges. These are often used as a means of dissuading borrowers from paying back too soon, so costs need to be considered carefully.

What details are required for a fixed-rate mortgage?

Make sure to provide some form of identification, as well as documents such as bank statements, payslips and information about existing debts on your balance sheet. All this information helps your provider build up an accurate picture of your financial situation.

Does poor credit stop me getting a fixed-rate mortgage?

Not necessarily, but because low credit scores denote high risk for a provider, some might be inclined to refuse an application for a mortgage. Not only that, but those who are open to providing you with a mortgage might also decide to charge a higher rate of interest to reduce risk.