Why remortgaging this year could really pay dividends

Welcome to a new monthly series looking at the latest developments in the mortgage market.

This month we’re looking at remortgaging and why 2026 could be a bumper year.

Two-year fixed rates falling

In 2026, a substantial wave of two-year and five-year fixed rate mortgages are set to mature, resulting in a particularly active year for refinancing.

Borrowers with two-year fixed deals reaching their end will likely see the advantage of reduced monthly payments, as the best mortgage interest rate has decreased from 4.99% in 2024 to 3.75% today.

A broader range of remortgaging options

As well as potentially lower rates, those looking to remortgage are also likely to have a broader selection of options.

More mortgage lenders allow rate switches within four months of product end dates and remortgage offers are valid for longer.

More time to make a switch

This combination means that you have more time to secure a product, ride out some of the short-term volatility and can still switch to another product if a cheaper deal comes along before your remortgage completes.

This enhanced flexibility could help to cut the cost of what remains most people’s biggest financial burden.

How an adviser can help you get the best deal

A professional mortgage adviser can not only help you to find the best deal, they will also ensure that any remortgage is right for your financial circumstances and goals.

They can also guide you through every step of the process so that you know what to expect and when.

Taking stock of your finances

Remortgaging is a great opportunity to look at your overall financial situation and to plan for your changing needs over the coming years.

A professional adviser can help you take stock of where you are, where you want to be – and how you can get there.

Starting your remortgage journey

For more information about remortgaging or to start your remortgaging journey, get in touch with one of our mortgage advisers today.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.