In 2022, the majority of mortgage holders in the UK had a fixed rate repayment schedule. The share of respondents who had a fixed-rate repayment schedule was 73 percent, followed by 13 percent on a repayment schedule with a variable rate. Interest only mortgages were the case for 12 percent of respondents, with an even split between a variable and fixed rate.
Distribution of mortgage borrowers in the United Kingdom (UK) in 2022, by mortgage and interest type
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Financial Conduct Authority. (July 26, 2023). Distribution of mortgage borrowers in the United Kingdom (UK) in 2022, by mortgage and interest type [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1418667/uk-mortgage-and-interest-type/
Financial Conduct Authority. "Distribution of mortgage borrowers in the United Kingdom (UK) in 2022, by mortgage and interest type." Chart. July 26, 2023. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1418667/uk-mortgage-and-interest-type/
Financial Conduct Authority. (2023). Distribution of mortgage borrowers in the United Kingdom (UK) in 2022, by mortgage and interest type. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1418667/uk-mortgage-and-interest-type/
Financial Conduct Authority. "Distribution of Mortgage Borrowers in The United Kingdom (Uk) in 2022, by Mortgage and Interest Type." Statista, Statista Inc., 26 Jul 2023, https://www.statista.com/statistics/1418667/uk-mortgage-and-interest-type/
Financial Conduct Authority, Distribution of mortgage borrowers in the United Kingdom (UK) in 2022, by mortgage and interest type Statista, https://www.statista.com/statistics/1418667/uk-mortgage-and-interest-type/ (last visited December 22, 2024)
Distribution of mortgage borrowers in the United Kingdom (UK) in 2022, by mortgage and interest type [Graph], Financial Conduct Authority, July 26, 2023. [Online]. Available: https://www.statista.com/statistics/1418667/uk-mortgage-and-interest-type/