Most fixed rates rose in price this week, Moneyfacts data shows, with the 10-year fix increasing the most, by 14 basis points to 4.35%.

Meanwhile, the average rate for a two-year fix wasn’t too far behind, pushing up 10 basis points to 4.27% and the average rate for a five-year fix rose by 9 basis points, to 4.36%.

The three-year fix price was static during the week at 4.78%.

Two-year fixes

The most significant changes here this week took place at 65% LTV and 50% LTV, moving up 20 basis points apiece to 4.07% and 4.31%, respectively.

And at 90% LTV, the average rate increased by 12 basis points, to 4.32%.

Three-year fixes

Rate rises were evident within this fix, but these were counterbalanced by a 31 basis point drop in the price of 70% LTV products, to 5.55%, and the 80% LTV average price falling by 4 basis points, to 4.90%.

Five-year fixes

At 65% LTV, the average rate shot up by 32 basis points, causing it to hit 4.57%.

At the other end of the LTV spectrum, at 95% LTV and 90% LTV, 10 basis point rises each saw their respective prices move to 4.56% and 4.30%.

10-year fixes

Changes that caught the eye here include the 65% LTV average rate jumping by 58 basis points to 5.98% and the 60% LTV average rate being hiked by 21 basis points, to 4.35%.

And at 95% LTV, the average rate increased by 23 basis points, ending an extremely active week at 5.16%.

Moneyfacts finance expert Eleanor Williams says: “The beginning of a new month typically sees a flurry of activity in the market, and this week has been no exception. Several providers have increased their revert rates, including HSBC, first direct and Vida Homeloans, as well as a swathe of mutuals including Vernon Building Society, Suffolk Building Society and Tipton & Coseley Building Society, to name a few.

“At the same time, average fixed rates are still on the rise, with some providers applying notable rises to products this week. Digital Mortgages by Atom Bank put its ‘Near Prime’ products up by up to 1.10%, as well as introducing some new options to its range, and AIB made increases of up to 1.00% to its fixed rates.

“LiveMore Capital updated its range, withdrawing its seven-year fixed options from sale and increasing remaining fixed rate deals by up to 0.85%, and Cumberland Building Society made increases of as much as 0.56% to various fixed deals.

“The trend remains the same across a number of the big brands, with this week seeing HSBC hike its fixed range up by up to 0.48% and first direct by up to 0.35%. TSB increased selected two-year fixed options by up to 0.45% and also withdrew five-year fixed products with no fee from the market.

“Lloyds Bank focused on its deals for remortgage borrowers, applying rises of up to 0.40%, moves which were echoed at Halifax, where selected remortgage borrower deals were increased by up to 0.26%.

“The Co-operative Bank and Platform broke the upwards trend however, both reducing selected five-year fixed options and launching new three-year fixed deals. Elsewhere, Furness Building Society returned fixed rates to its range, Coventry Building Society included the launch of new deals in the higher LTV tiers in its latest update, Accord Mortgages introduced new ‘LTI Boost’ fixed rates and Yorkshire Building Society reintroduced its variable tracker products.

“Although there have also been some product withdrawals, these changes contributed to product choice and overall availability in the sector remaining relatively stable this week.”