Over the past three months 20 per cent of visitors to the comparison site have searched for five-year terms. A further 13.5 per cent have searched for longer terms while 11.5 per cent have searched for the whole term.
Two and three-year fixed-rate deals meanwhile attracted around 39 per cent of searches between May and July 28 this year.
Mform.co.uk marketing and business development director Francis Ghiloni says searching for longer-term deals makes sense.
Ghiloni says: “Given the continuing uncertainty we can understand why it makes sense for borrowers to lock in to longer term deals so that they can plan their future and have a degree of stability and security.
“They’re opting to take a deal and then sit out the mortgage merry-go-round until it settles down.”
However, Ghiloni warns the focus for borrowers should still be on the true cost of their loan, taking into account all fees and monthly payments.