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Huge choice of mortgages for buyers this summer

14 July 2025 Uncategorised

There continues to be a near-record number of different mortgage options available to first time buyers, existing owners moving home, and those wishing to remortgage. Independent housing market service Moneyfacts says there are currently:

 

  • No fewer than 6,908 different mortgage products on the market;

 

  • This is well over 300 more than a year ago, in July 2024;

 

  • And it’s one of the highest figures for the past 18 years.

 

Despite fewer cuts in interest rates than expected by the Bank of England so far this year, all major UK mortgage lenders are now offering fixed rate deals with an interest rate of less than 4%, as competition in this market hots up.

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