As we navigate the shifting economic landscape of 2025, many homeowners and buyers are wondering: Should I lock in a fixed-rate mortgage in Greenwich this year? With inflation slowing and lenders adjusting their rates, now could be a smart time to take action — especially if you value stability in your finances.

At Conran Mortgages, we work closely with clients across Greenwich to offer clear, expert advice on the right mortgage products. Whether you’re buying your first home, remortgaging, or simply reviewing your current deal, we’re here to help you make the right decision with confidence.

Call us on 020 8528 2251 or email hello@conranmortgages.co.uk to speak with one of our experienced advisers today.

“If you’re looking for certainty in a changing market, a fixed-rate mortgage could be your smartest move in 2025. Let us help you plan ahead.”

What Is A Fixed-Rate Mortgage?

A fixed-rate mortgage is a loan where the interest rate stays the same for a set period — typically two, five or ten years. That means your monthly repayment amount remains unchanged, even if the Bank of England base rate rises or the economy fluctuates.

Choosing a fixed-term option in Greenwich offers predictability, which is especially valuable if you need to stick to a monthly budget or avoid sudden increases in costs.

Is Now The Right Time To Fix Your Mortgage Rate?

2025 is shaping up to be a promising time for borrowers. After two years of rising interest rates, we’ve started to see rate trends level out. Some lenders have even reduced their fixed-rate offerings, signalling greater confidence in the market.

By choosing to lock in rates in Greenwich now, you could protect yourself from possible rate increases down the line. While no one can guarantee what the future holds, locking in a favourable deal today may offer peace of mind — especially for those planning to stay in their home for several years.

Comparing 2-Year Vs 5-Year Fixed Deals

One of the key decisions when selecting a fixed-rate mortgage in Greenwich is choosing the length of the fixed term. The two most common options are two-year and five-year deals.

2-Year Fixed Mortgages

Short-term flexibility – Ideal if you plan to move or remortgage soon.

Potential savings – If interest rates drop after your deal ends, you could benefit.

Greater uncertainty – You’ll need to reassess your mortgage sooner, which could mean higher rates later.

5-Year Fixed Mortgages

Stability over time – Your monthly repayment won’t change for five years.

Ideal for long-term planning – Great for those staying put or managing tight budgets.

Less flexibility – May come with higher early repayment charges if you move before the term ends.

When evaluating fixed mortgage deals in Greenwich, we’ll help you weigh the advantages of each term against your future plans and financial goals.

Benefits Of A Fixed-Rate Mortgage In 2025

There are several reasons why a fixed-rate mortgage may be the right choice for you this year, especially in today’s economic climate:

Interest rate stability – Avoid unexpected payment increases during the fixed term.

Budgeting made easier – Predictable costs help you plan other finances with confidence.

Protection from market fluctuations – Lock in a rate now and avoid being affected by future base rate rises.

Many of our clients throughout Greenwich opt for fixed deals simply because they offer peace of mind — something that’s hard to put a price on.

Should You Wait Or Fix Now?

It’s natural to consider whether you should hold off in hopes of better rates later. However, waiting can be risky. Rate trends are influenced by many unpredictable factors, and missing a good deal could cost you more in the long run.

By securing a fixed-rate mortgage in Greenwich, you gain certainty. And even if rates drop slightly in the near future, the stability and peace of mind from a fixed deal often outweigh small potential savings.

Still undecided? We’ll walk you through the numbers and give you honest, impartial advice based on your individual situation.

What About Variable Or Tracker Mortgages?

Fixed rates aren’t for everyone. If you’re planning to move in the short term or want flexibility, a variable or tracker mortgage could suit your needs better. These products can sometimes offer lower initial rates — but they also carry more risk.

While they can be beneficial in a falling interest rate environment, many clients choose fixed deals due to the interest rate stability they provide — especially when living in or around Greenwich, where property values are strong and long-term homeownership is common.

For borrowers needing short-term finance or flexibility, take a look at our guide to Bridging Loans in Greenwich to see if that may be a better fit.

Why Work With Conran Mortgages?

At Conran Mortgages, we specialise in helping clients navigate the complex world of mortgage lending — and we’re proud to be a trusted name within the Greenwich area. Here’s how we help:

Expert local knowledge – We understand the Greenwich property market inside and out.

Whole-of-market access – We search across dozens of lenders to find the right product for you.

Personalised support – You’re not a number to us. We take the time to understand your goals and guide you through every step.

Whether you’re seeking a fixed-term option in Greenwich, weighing up 2-year vs 5-year fix options, or just want clear, jargon-free advice — we’re here to help.

FAQs

Will A Fixed-Rate Mortgage Cost Me More Than A Variable One?

Initially, yes — fixed rates can start slightly higher. But they offer interest rate stability, which protects you from increases later and helps with long-term planning.

Can I Switch My Fixed-Rate Mortgage Before The Term Ends?

You can, but most fixed deals come with early repayment charges. We’ll help you understand the costs and whether switching is worthwhile.

What Happens At The End Of My Fixed Term?

You’ll usually move onto your lender’s standard variable rate (SVR). This is often higher, so we recommend reviewing your options well before your deal ends.

Do You Help First-Time Buyers?

Yes, absolutely. We offer step-by-step support for first-time buyers — from checking affordability to securing competitive fixed mortgage deals in Greenwich.

Conclusion: Lock In Certainty With A Fixed Deal In Greenwich

With mortgage rates beginning to stabilise, 2025 is an ideal time to consider a fixed-rate mortgage in Greenwich. Whether you’re buying your first home, remortgaging, or just seeking clarity on your future costs, a fixed deal offers the control and predictability many homeowners value.

At Conran Mortgages, we’ll take the time to understand your situation and present you with the best fixed mortgage deals in Greenwich to suit your needs.

Call us today on 020 8528 2251 or email hello@conranmortgages.co.uk to arrange your free consultation.

And don’t forget to explore our blog on Bridging Loans in Greenwich if you’re exploring other financing options.