Sep 25, 2023
UK mortgage broker, YesCanDo Money, has published a blog post examining the growing popularity of 3-year fixed mortgages. With a 360% increase in these loans in the past 4 months, they take a closer look at this change in lending trends.
United Kingdom - September 25, 2023 —

YesCanDo Money, a fee-free mortgage broker that offers independent advice and helps people access a wide range of mortgage deals, regularly posts information and advice in regard to the UK mortgage market. Their latest guide, titled The Rise of a 3-Year Fixed Rate Mortgage, looks at the surge in 3-year fixed-rate mortgages over the past four years.
As the post explains, 2-year and 5-year fixed-rate mortgages have accounted for the majority, with people able to choose between the flexibility and security they need. Now, with interest rates expanding, a new option is starting to become more popular: the 3-year fixed-rate mortgage that, from some perspectives, offers the best of both worlds.
This increase in popularity includes a 360% increase in demand for 3-year fixed-rate mortgage products when comparing January-April 2023 to May-August 2023. The piece offers the reasoning that the 3-year fixed rate allows for a balance between the flexibility offered by the short 2-year and long 5-year offerings.
“Since interest rates started increasing in December 2021 the vast majority of our clients at YesCanDo Money have been choosing 5-year fixed rates. As we have progressed through 2023 we have seen a massive uptake in clients choosing a 3-year fixed-rate mortgage,” says Steve Roberts, Found of YesCanDo Money, in the guide. “The feedback our clients are giving us is that they feel worried about locking themselves into a high-interest-rate mortgage for 5 years but also want more peace of mind than a 2 year fixed rate gives them. The 3-year fixed rate seems to hit the sweet spot for people needing a mortgage as we move nearer to the end of 2023 and hopefully, the end of interest rate increases.”
“Homeowners seem to appreciate locking in a consistent rate for a few years while retaining the option to refinance if rates drop. The noticeable spike in interest indicates that the 3-year fixed rate mortgage is becoming a popular choice for those seeking security and flexibility.”
The guide goes on to break down the particulars of how 3-year fixed-rate mortgages work, its benefits, and alternatives, including case studies as to how homeowners and buyers might use it.
Visitors can read all of the information YesCanDo Money has on the surge of 3 Year Fixed Rate Mortgage options by visiting the website.
For more information about YesCanDo Money use the contact details below:
Contact Info:
Name: Stephen Roberts
Email: Send Email
Organization: YesCanDo Money
Address: YesCanDo Money, Langstone Gate, Solent Road, Havant, PO9 1TR
Phone: 03300884407
Website: https://yescandomoney.com/
Release ID: 89108044
Should you detect any errors, issues, or discrepancies with the content contained within this press release, or if you need assistance with a press release takedown, we kindly request that you inform us immediately by contacting [email protected]. Our expert team will be available to promptly respond and take necessary steps within the next 8 hours to resolve any identified issues or guide you through the removal process. We value the trust placed in us by our readers and remain dedicated to providing accurate and reliable information.
The once high-flying Danish drugmaker has struggled to fend off rivals in the weight-loss industry, especially Eli Lilly, which gave a much rosier outlook to investors.
New tools by artificial intelligence companies like Anthropic have reignited worries that businesses will pare down their subscriptions to software services.
The N.F.L. claims Guardian Caps reduce the risk of concussions. The company that makes them says, “It has nothing to do with concussions.”
Bar owner Jobe Ferguson says he is devastated to close TNQ in the Northern Quarter after 22 years.
The company reported total revenue of $802.3 million for the fourth quarter of 2025, up 10.4 percent from a year earlier.
Please tell us what changes you’ve made to your health and wellness practices to improve your brain function and job performance. We may include your experiences in an article.
Novo Nordisk is facing "unprecedented" price pressures, "intensifying competition" and patents expiring.
The two-year-old company, founded by veterans of the autonomous vehicle business Waymo, is seeking to automate excavators and other building equipment.
Precious metal price voliatility continues as geopolitical tensions push investors to safe-haven assets.
Prized for its beauty, teak is in short supply, forcing the yacht industry to look for alternatives.
Millions could be entitled to compensation as a result of commission arrangements between lenders and dealers.
In a country roiled by political upheaval recently, retiring the longtime currency, the lev, prompted some concern about inflation but little other angst.
When President Trump said he wanted to drive housing prices up, not down, he was speaking to a conundrum that has flummoxed policymakers for decades.
The legislation will impose new restrictions on pharmacy benefit managers, giant companies like CVS Caremark, Optum Rx and Express Scripts that oversee prescription drug benefits.
Gold has fallen from recent highs but there are several reasons investors are still finding refuge in the precious metal.
The social media platform recently announced that it was axing around 15% of its workforce.
Experts are reaching to divine the president’s approach to global policy and economics, with one theory seeing antecedents in centuries-old dynastic rule.
Tyson Foods said its beef business could lose up to $500 million this year as the supply of cattle reaches a 75-year low.
The show on Sunday drew about 14.4 million people. It is the second consecutive year that the awards ceremony attracted a smaller audience.
Elon Musk's X and Grok platforms are facing increased scrutiny from authorities on both sides of the channel.
Mr. Miran had taken a leave of absence from advising the president after adding a role at the Federal Reserve, drawing criticism from Democrats.
Senators asked Ted Sarandos about whether the acquisition would raise prices, squeeze talent and degrade the moviegoing experience.
Concerns were raised by a subcommittee including potential price rises and the future of cinemas.
Comac's passenger jet is attracting customers in South East Asia where demand for affordable aircraft is growing.
The company’s rapid e-commerce growth and push into automation and artificial intelligence propelled its stock into the trillion-dollar club.
Little snowpack, strikes by mountain staff and Trump administration policies that are keeping international visitors away have made this a difficult season in the Rockies and beyond.
The move followed a yearlong investigation into X and escalated a wider standoff between European officials and American tech companies over the regulation of social media.
A group of cryptocurrency investors backing a memecoin hopes the statue will soon be installed at one of Mr. Trump’s golf courses in Florida.
Officials and business leaders welcomed lower tariffs, but India has not yet confirmed that it would stop buying Russian oil, which President Trump said Prime Minister Narendra Modi had agreed to.
Newly released emails between Mr. Karp, the chairman of Paul Weiss, and Jeffrey Epstein reveal a number of social interactions between them.
The media giant chooses the head of its amusement park business to replace longtime boss Bob Iger.
Jeffrey Epstein wanted most of his money to go to his girlfriend. Mr. Epstein’s brother and a Harvard math professor were also named beneficiaries.
The food and beverage giant said consumers were facing “affordability limitations.”
But a lawyer who has been scrutinizing archives and UBS are in a dispute over access to about 150 documents.
The milestone reflects the US retail giant's booming e-commerce business and investors' embrace of its AI investments.
Novel approaches to the all-day cafe are working for diners and creative chefs across the country.
The snack conglomerate is cutting the price of products including Doritos, Cheetos and Lays
Mr. D’Amaro, 54, has most recently served as chairman of Disney Experiences, a division that includes theme parks, cruise vacations and consumer products.
Ms. Tanner was previously an executive at CBS News and serves on the board of Audacy, a major U.S. broadcaster and podcast producer.
Eluned Morgan said her government can't be expected "to step in and do the work" to save struggling pubs.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.