UK mortgage market sees positive shift

According to Moneyfacts, the number of low-deposit mortgage options has reached its highest level since 2008, benefiting first-time buyers. As of December, there were 476 products for 5% deposits and 917 for 10% deposits. Average two-year fixed mortgage rates fell to 4.86%, while five-year rates dropped to 4.91%, marking the lowest since September 2022. Rachel Springall, a finance expert at Moneyfacts, explained: "The improvement in cost and product availability of mortgages paints a positive picture for borrowers as we edge towards the new year." Overall, 7,054 mortgage options were available in December, up from 6,918 in November. 

The Independent (09/12/2025)   The Mirror (09/12/2025)   The Standard (09/12/2025)