Product choice stands at 4,341 options, up from 3,643 in January 2023 and the average shelf life of a mortgage product rose to 28 days – the joint highest since March 2022 - a drastic change from 15 days seen a month ago.

Repricing has been rife over recent months but this could be a sign of stability among mortgage lenders.

Source: Financial Reporter, Moneyfacts