Category: News

Mortgage rates are back in the headlines, and if your current deal ends in 2026, this is a sensible time to review your options.

Over recent days, lenders have repriced products and withdrawn mortgage deals as markets react to renewed inflation concerns and wider global uncertainty. Reporting this week says the average two-year fixed mortgage rate has risen to around 5.43%, while more than 500 products have been pulled from the market. The Bank of England has also kept Bank Rate at 3.75% while warning that higher energy prices could keep inflation under pressure¹.

That does not mean homeowners should panic. It does mean planning ahead is more important.

When your current fixed or discounted mortgage deal ends, you may be moved onto your lender’s Standard Variable Rate unless you arrange a new product. That can mean a noticeable increase in monthly payments. MoneyHelper says borrowers approaching the end of a deal should review whether switching with their existing lender or remortgaging elsewhere is the better fit for their circumstances².

The recent headlines are a useful reminder that mortgage pricing can change quickly. But the most helpful response is usually a calm and informed one, not a rushed reaction to the news.

Reviewing your mortgage early gives you time to understand what your next monthly payment could look like, what options may be available and what best suits your plans over the next few years. It also gives you more time to think about your wider finances, rather than making a decision under pressure.

In many cases, it may be possible to secure a new mortgage deal ahead of time and, if rates improve before the new deal starts, switch to a lower one. That depends on your lender’s rules and your individual circumstances, but it can provide reassurance in a market where pricing is changing quickly³.

For most homeowners, the best outcome comes from acting early enough to have choices, but not feeling forced into a quick decision. That is why reviewing things now can be helpful if your mortgage deal ends in the next 6 to 9 months.

Speaking to your mortgage and protection adviser can help you look at the bigger picture, not just the interest rate. Alongside your mortgage options, they can also discuss how any change in monthly payments may affect your wider financial plans and whether your current protection arrangements still reflect your circumstances.

The aim is simple: to help you understand your options, prepare for any change in monthly payments and make a decision that feels right for your circumstances.

If your mortgage deal ends in 2026, now is a good time to start the conversation with your mortgage and protection adviser. Reviewing your options early can help you plan ahead with more clarity and less last-minute pressure.

If your current mortgage deal is due to end in the next 6 to 9 months, speak to your mortgage and protection adviser to review your options early.

References:

1. The Guardian (2026). UK mortgage interest rates expected to rise despite Trump’s Iran pause. [online] the Guardian. Available at: https://www.theguardian.com/business/2026/mar/23/uk-mortgage-interest-rates-markets-bank-of-england-iran-war   [Accessed 24 Mar. 2026].
2. MoneyHelper (2025). Can I change my mortgage provider? | MoneyHelper. [online] Available at: https://www.moneyhelper.org.uk/en/blog/buy-or-rent-a-home/can-i-change-my-mortgage-provider?          [Accessed 24 Mar. 2026].
3. MoneySavingExpert (2026). Getting ready to remortgage. [online] MoneySavingExpert.com. Available at: https://www.moneysavingexpert.com/mortgages/getting-ready-remortgage/                   [Accessed 24 Mar. 2026].

Your home/property may be repossessed if you do not keep up repayments on a mortgage or other debt secured on it.

All the information in this article is correct as of the publish date 26^th March 2026. The opinions expressed in this publication are those of the authors. The information provided in this article, including text, graphics and images does not, and is not intended to, substitute advice; instead, all information, content, and materials available in this article are for general informational purposes only. Information in this article may not constitute the most up-to-date legal or other information.

Please be aware that by clicking on to any of the above links you are leaving our website. Please note that neither we nor HL Partnership Limited are responsible for the accuracy of the information contained within the linked site(s) accessible from this page.

What is changing?

Making Tax Digital for Income Tax is an important change that some people may need to prepare for now.

From 6 April 2026, it becomes mandatory for sole traders and landlords with qualifying income over £50,000. HMRC says this will then extend to those with qualifying income over £30,000 from 6 April 2027 and over £20,000 from 6 April 2028¹.

What does this mean in practice?

In simple terms, this means some people who currently complete a Self Assessment tax return in the usual way will need to keep digital records, use compatible software and send quarterly updates to HMRC.

Who should be aware of this?

This will not affect everyone straight away, and it is not something your mortgage adviser can advise on from a tax-planning perspective. But it is worth being aware of now, particularly if you are self-employed, receive income from property or expect to fall within the relevant income thresholds in the next few years.

Could it affect a mortgage application?

From a mortgage point of view, Making Tax Digital does not change lenders’ underwriting rules by itself. However, for self-employed applicants and landlords, clearer and more up-to-date records may make it easier to organise income information and supporting documents when preparing for a mortgage application.

What should you do next?

The key message is not to worry, but to be prepared. If you think Making Tax Digital may affect you, now is a good time to check the latest HMRC guidance and speak to your accountant or tax adviser about what it means for your circumstances. If you are also planning a mortgage application, staying organised with your records can help support a smoother process.

If Making Tax Digital may apply to you, it is important to be aware of the guidance provided by accountants or tax advisers. Similarly, for those planning a mortgage application, understanding the requirements for paperwork and documentation in advance can be helpful.

References:

1. GOV.UK (2026). Get ready for Making Tax Digital for Income Tax – when to start. [online] Available at: https://makingtaxdigital.campaign.gov.uk/get-ready-for-making-tax-digital/    [Accessed 24 Mar. 2026].

Your home/property may be repossessed if you do not keep up repayments on a mortgage or other debt secured on it.

The FCA does not regulate some forms of Buy to Lets.

All the information in this article is correct as of the publish date 26^th March 2026. The opinions expressed in this publication are those of the authors. The information provided in this article, including text, graphics and images does not, and is not intended to, substitute advice; instead, all information, content, and materials available in this article are for general informational purposes only. Information in this article may not constitute the most up-to-date legal or other information.

Please be aware that by clicking on to any of the above links you are leaving our website. Please note that neither we nor HL Partnership Limited are responsible for the accuracy of the information contained within the linked site(s) accessible from this page.

If you are a landlord, this spring is an important time to get up to date with the changes coming to the private rented sector in England.

From 1 May 2026, the first phase of the Renters’ Rights Act reforms will begin. Government guidance says these changes include the end of Section 21 ‘no-fault’ evictions, alongside a new tenancy system and measures affecting issues such as rental bidding, discrimination and rent in advance¹.

The government has also published the official Renters’ Rights Act Information Sheet 2026. Landlords and agents must give this to relevant tenants, and the government says it must be provided on or before 31 May 2026 where required. New assured tenancy forms for privately rented properties in England have also been published for use from 1 May 2026².

For landlords, this is not just a legal update. It is a chance to make sure your tenancy arrangements are clear, fair and fit for the new rules.

That matters for good consumer outcomes. In practice, that means helping tenants understand their rights, making sure the correct information is provided on time, and ensuring that tenancy processes are handled properly rather than left until the last minute. Early preparation can reduce confusion, avoid unnecessary disputes and support a more stable tenancy for both landlord and tenant. Government guidance aimed at landlords says now is the time to get ready¹.

A sensible review now could include:

• checking whether your tenancy documents and processes need updating
• making sure you understand when and how the new rules apply
• being ready to provide the official information sheet where required
• reviewing how you communicate changes clearly to tenants
• checking whether your mortgage and wider property plans still support your long-term strategy

The key point is not to panic, but not to drift either.

If you leave preparation until the final weeks, there is a greater risk of missed steps, outdated paperwork or unnecessary pressure. Reviewing things now gives you more time to understand the changes, put the right processes in place and make considered decisions.

For some landlords, that may also be a useful moment to review whether their current mortgage arrangements still suit their plans for the property. But the main priority is

making sure you are ready for the new tenancy rules and able to support tenants appropriately as they come into force.

Landlords should also be aware of another important change coming very soon. From 6 April 2026, Making Tax Digital for Income Tax will begin to apply to landlords with qualifying income over £50,000. That means affected landlords will need to keep digital records, use compatible software and send quarterly updates to HMRC³.

For some, this will be a significant change from the way they currently manage tax reporting. Alongside preparing for the new rental rules, now is also a sensible time to check whether you may fall within scope for Making Tax Digital and whether your record-keeping processes are ready. Early preparation can help reduce the risk of last-minute pressure, missed requirements and unnecessary disruption.

References:

1. GOV.UK (2026). Guide to the Renters’ Rights Act. [online] GOV.UK. Available at: https://www.gov.uk/government/publications/guide-to-the-renters-rights-act/guide-to-the-renters-rights-act        [Accessed 24 Mar. 2026].
2. The Renters’ Rights Act Information Sheet 2026. (2026). Available at: https://assets.publishing.service.gov.uk/media/69bc04b8f7b1c24d8e23ce60/The_Renters__Rights_Act_Information_Sheet_2026.pdf.                 
3. HM Revenue & Customs (2025). One year until Making Tax Digital for Income Tax launches. [online] GOV.UK. Available at: https://www.gov.uk/government/news/one-year-until-making-tax-digital-for-income-tax-launches                 [Accessed 24 Mar. 2026].

Your home/property may be repossessed if you do not keep up repayments on a mortgage or other debt secured on it.

The FCA does not regulate some forms of Buy to Lets.

All the information in this article is correct as of the publish date 26^th March 2026. The opinions expressed in this publication are those of the authors. The information provided in this article, including text, graphics and images does not, and is not intended to, substitute advice; instead, all information, content, and materials available in this article are for general informational purposes only. Information in this article may not constitute the most up-to-date legal or other information.

Please be aware that by clicking on to any of the above links you are leaving our website. Please note that neither we nor HL Partnership Limited are responsible for the accuracy of the information contained within the linked site(s) accessible from this page.

The UK mortgage market has experienced a significant shift in March 2026, with the outlook changing dramatically in just a matter of weeks.

The recent turnaround

In early March, lenders were reducing fixed mortgage rates as sentiment around interest rates improved. However, the escalating conflict involving Iran has pushed oil and gas prices higher, increasing inflation risk and affecting the UK interest rate outlook¹ .

As a result, lenders are continuing to increase fixed mortgage rates, and the anticipated March base rate cut did not materialise¹.

Where rates stand now

The Bank of England held the base rate at 3.75% on 19 March 2026, with the decision made unanimously by the Monetary Policy Committee².

For borrowers, this has meant noticeable changes to available rates. The average two-year fixed mortgage rate stood at 5.28% on 17 March 2026, up from 4.83% at the start of March, while the average five-year fixed rate was 5.32%, up from 4.95% over the same period¹.

All residential fixed mortgage deals under 4% have been withdrawn¹, and major lenders including Barclays, HSBC UK, Nationwide, NatWest and Santander have raised rates in recent days³.

What this means for borrowers

The rapid repricing means that deals available one day may not be there the next. Lenders are responding quickly to changes in their funding costs, and with significant numbers of borrowers looking to secure rates before further increases, the market has become particularly volatile.

This volatility makes timing difficult for those looking to secure a new mortgage or remortgage.

Looking ahead

The longer-term outlook remains uncertain. While some experts still predict that interest rates may be cut later this year, others think they could rise. Much will depend on how long the Middle East conflict continues and its impact on energy prices and inflation.

What should you do?

If your fixed-rate deal is ending in the next six months, now is a good time to review your options. While the market is volatile, many lenders allow you to secure a rate several months in advance, giving you some protection against further increases.

The key is not to wait until the last minute. Understanding your options early means you can make informed decisions rather than being forced to accept whatever is available when your current deal expires.

Next steps

If you’re concerned about your mortgage or considering your options in the current market, it may be helpful to review the rates currently available and consider which strategy best suits your circumstances.

References:

1. The Guardian (2026). New mortgages up by £800 a year amid ‘Trumpflation’ from Iran war. [online] the Guardian. Available at: https://www.theguardian.com/money/2026/mar/17/uk-new-mortgages-trump-inflation-iran-war-deals     [Accessed 24 Mar. 2026]
2. MoneySavingExpert (2026). Base rate held at 3.75% – here’s what it means for you and when it might change. [online] MoneySavingExpert.com. Available at: https://www.moneysavingexpert.com/news/2026/03/base-rate-held/         [Accessed 24 Mar. 2026].
3. Mortgage Introducer (2026). UK mortgage rates and product changes (Week ending 20 March 2026). [online] Mpamag.com. Available at: https://www.mpamag.com/uk/mortgage-industry/guides/uk-mortgage-rates-and-product-changes-week-ending-20-march-2026/568864 [Accessed 24 Mar. 2026].

Your home/property may be repossessed if you do not keep up repayments on a mortgage or other debt secured on it.

All the information in this article is correct as of the publish date 26^th March 2026. The opinions expressed in this publication are those of the authors. The information provided in this article, including text, graphics and images does not, and is not intended to, substitute advice; instead, all information, content, and materials available in this article are for general informational purposes only. Information in this article may not constitute the most up-to-date legal or other information.

Please be aware that by clicking on to any of the above links you are leaving our website. Please note that neither we nor HL Partnership Limited are responsible for the accuracy of the information contained within the linked site(s) accessible from this page.

After a prolonged period of higher borrowing costs, there are early signs of relief for mortgage holders. Rates are not returning to the historic lows of the 2010s, but the overall trend has shifted. For many households, that change in direction matters.

As of 26 February 2026, the Bank of England’s base rate is 3.75%, following a decision earlier this month to hold it steady. The next review is scheduled for 19 March¹. While a stable base rate does not guarantee cheaper mortgages, it does provide a clearer backdrop for lenders setting their pricing.

Tracker mortgages typically move in line with changes to the base rate. Fixed-rate deals are influenced more by market expectations of where rates are heading over the next few years. As those expectations have softened, fixed rates have gradually edged down.

Rightmove’s latest data underlines that shift. In January 2026, the average two-year fixed rate stood at 4.23%, compared with 4.99% a year earlier. Based on its assumptions, the average monthly mortgage payment is now £1,592, which is £119 lower than in January 2025². That equates to a reduction of around 7%.

The picture is not entirely straightforward. January asking prices rose compared with December, which meant estimated mortgage payments were £35 higher than the previous month. The annual trend is more positive, but short-term fluctuations remain part of the market².

First-time buyers are also seeing some improvement. Rightmove suggests a typical first-time buyer mortgage payment of £975 per month, down from £1,062 a year earlier². While affordability remains stretched by historical standards, particularly when combined with higher living costs, the figures suggest conditions are less severe than they were at the start of last year.

The Bank of England’s own data tells a similar story. Its measure of the average effective interest rate on newly arranged mortgages was 4.15% in December 2025, down slightly from 4.20% in November³. It is a backward-looking measure, but it reinforces the broader narrative of easing borrowing costs.

So what does this mean in practical terms?

For homeowners approaching the end of a fixed-rate deal in 2026, the range of available products may be more competitive than it was twelve months ago. That does not remove the need for careful comparison. The overall cost of a mortgage depends not just on the interest rate, but also on fees, incentives and the flexibility built into the product.

Those on tracker mortgages will continue to feel any changes in base rate more directly. If the Bank of England adjusts rates in the coming months, repayments may rise or fall accordingly, depending on the terms agreed with the lender.

For prospective buyers, lower rates can improve affordability calculations at the margins. However, lenders still assess income, expenditure and credit history carefully, and deposit size remains a key factor in securing the most competitive deals.

There is also a broader point about headlines. A widely advertised low rate does not mean it is accessible to everyone. The rate available will depend on loan-to-value, credit profile, income and the lender’s criteria. The cheapest rate is not always the most cost-effective option once fees are taken into account.

The overall message is cautiously encouraging. Borrowing costs have eased compared with early 2025, offering some breathing space to households that have absorbed higher repayments. At the same time, markets remain sensitive to economic data and central bank decisions.

For homeowners and buyers alike, the focus should remain on preparation rather than prediction. Reviewing options early, understanding the total cost and selecting a product that aligns with long-term plans are more reliable strategies than attempting to anticipate every market movement.

References:

1. Bank of England (2026). Interest rates and Bank Rate: our latest decision. [online] Available at: https://www.bankofengland.co.uk/monetary-policy/the-interest-rate-bank-rate   [Accessed 24 Feb. 2026].
2. Rightmove (2026). Average monthly mortgage payment down £119 year-on-year in January – Rightmove Press Centre. [online] Rightmove Press Centre. Available at: https://www.rightmove.co.uk/press-centre/average-monthly-mortgage-payment-down-119-year-on-year-in-january/          Accessed 24 Feb. 2026].
3. Tradingeconomics.com. (2026). United Kingdom Interest Rate on New Mortgages. [online] Available at: https://tradingeconomics.com/united-kingdom/interest-rate-on-new-mortgages [Accessed 24 Feb. 2026].

Your home/property may be repossessed if you do not keep up repayments on a mortgage or other debt secured on it.

All the information in this article is correct as of the publish date 26^th February 2026. The opinions expressed in this publication are those of the authors. The information provided in this article, including text, graphics and images does not, and is not intended to, substitute advice; instead, all information, content, and materials available in this article are for general informational purposes only. Information in this article may not constitute the most up-to-date legal or other information.

Please be aware that by clicking on to any of the above links you are leaving our website. Please note that neither we nor HL Partnership Limited are responsible for the accuracy of the information contained within the linked site(s) accessible from this pag

If illness or injury stopped you working, even for a few months, what would happen to the mortgage?

Most households have never had to test that scenario, and that is entirely understandable. Day to day life is busy, and when the mortgage is being paid each month it is easy to assume things would somehow be manageable.

But it is worth finding out where the weak points are, before you ever need to.

The income shock most people never price in

When people think about financial risk, they often focus on interest rates or house prices. Yet for many homeowners the real vulnerability is simpler: the monthly income that keeps everything moving.

If you are employed and become too unwell to work, you may be entitled to Statutory Sick Pay. That is currently £118.75 per week, subject to eligibility, for up to 28 weeks¹.

Some employers offer more generous sick pay arrangements. Many do not.

Universal Credit may also be available depending on your circumstances. Currently, the standard monthly allowance is £400.14 for a single person aged 25 or over, and £628.10 for joint claimants where one or both are 25 or over. Additional elements may apply depending on children, housing costs or health conditions².

This support can be genuinely helpful. But it is not designed to replace a typical salary.

So if your mortgage is £900, £1,200 or £1,500 a month, the sums become clear quickly. Even a short gap between what comes in and what must go out can create pressure, particularly once you add council tax, energy bills, food, travel, childcare, and the everyday costs that do not pause just because your payslip does.

The mortgage myth: “Surely there’s help?”

Many homeowners assume there is direct help with mortgage payments if the worst happens.

There is a scheme called Support for Mortgage Interest, known as SMI. But it is widely misunderstood.

SMI is not a benefit that pays your mortgage. It is a loan from the Government that can help towards the interest on eligible borrowing.

A few points are worth understanding clearly:

• It does not cover the capital repayment element of a standard repayment mortgage.
• It does not automatically match your actual mortgage rate. The amount is calculated using a government set standard interest rate, which as at February 2026 is 3.66 per cent³.
• Any SMI received must be repaid, with interest, usually when you sell or transfer ownership of your home, unless the loan is moved to another property.
• Eligibility depends on receiving certain qualifying benefits and meeting specific criteria. It is not automatic and may not be available to everyone.

SMI can reduce pressure in difficult circumstances. But it is not designed to maintain your previous income, or fully cover your monthly mortgage payment³.

Where protection fits, and what it actually does

This is where protection policies enter the conversation. For some people, they are a straightforward way of turning a financial “what if” into a plan.

Protection is not an investment. It is not savings. It is a contract designed to provide financial support if specific events occur, subject to the policy terms and conditions.

For most homeowners, protection tends to fall into three categories.

1) Income protection: keeping the bills paid

Income protection may pay a regular monthly benefit if you are unable to work due to illness or injury, after a chosen waiting period.

The aim is simple: it helps replace part of your income so the essentials can keep being paid. That can include the mortgage, but also the ordinary costs people forget to factor in, such as food, utilities, fuel, childcare, and minimum debt payments.

The detail that matters is the waiting period, because this is where the policy is designed to fit around your sick pay, savings and any other support you might have.

2) Critical illness cover: a lump sum at the point it matters

Critical illness cover may pay a lump sum if you are diagnosed with one of the serious conditions defined in the policy.

For some families, that lump sum is used to reduce the mortgage so the monthly payment becomes more manageable. For others, it is about creating breathing space to cover bills, adapt the home, or reduce working hours during recovery.

The key point is that it pays on diagnosis of specific conditions, based on the insurer’s definitions, rather than paying simply because you are off work.

3) Life insurance: protecting the home if the worst happens

Life insurance may pay out if you die during the policy term. For homeowners, it is often the policy most closely linked to the mortgage, but it is also the one people assume they already have.

In reality, the gaps tend to be common:

• The cover exists, but it is too small to make a meaningful difference to the mortgage or household costs.
• The term ends before the mortgage ends.
• It is linked to work benefits such as “death in service”, which can be valuable, but can change if you move jobs, reduce hours, or stop working.
• The type of cover does not match the mortgage. For example, a repayment mortgage usually reduces over time, whereas an interest only mortgage does not.

The practical question to ask is this: if you died, could your partner keep the mortgage paid and the household running without having to sell the property quickly?

For many families, life insurance is not about leaving a windfall. It is about making sure grief is not immediately followed by a forced financial decision.

A simple stress test you can do at home

You do not need a spreadsheet to get a clear picture of where you stand. Ask yourself:

• How many months could your savings cover the mortgage and essential bills?
• What would your employer actually pay if you were signed off work?
• What state support would you realistically qualify for, and when would it start?
• If you died, could your partner or family remain in the home without selling?

If the answers are uncertain, that uncertainty is the risk.

Often the biggest issue is not that people have no plan. It is that they have never checked whether the plan they assume exists would really hold up under pressure.

A matter of proportion, not scare stories

For some households, substantial savings, investments, or other income sources provide resilience. For others, particularly those early in their mortgage term, self employed, or with limited emergency funds, the margin for error can be surprisingly thin.

Protection should not be purchased out of fear. It should be considered carefully, understood fully, and reviewed in the context of your wider finances. The cover selected should meet a clear need and represent fair value, rather than becoming a collection of policies taken out and forgotten.

If you are unsure whether protection is appropriate, speaking to a regulated adviser can help you assess your options and understand the costs, benefits and limitations.

Your home is likely to be your largest ongoing financial commitment. Taking time to understand how it would be paid for if your income stopped is not pessimism.

It is planning.

References:

1. GOV.UK (2026). Statutory Sick Pay (SSP). [online] GOV.UK. Available at: https://www.gov.uk/statutory-sick-pay [Accessed 24 Feb. 2026].
2. GOV.UK (2026). Universal Credit. [online] GOV.UK. Available at: https://www.gov.uk/universal-credit/what-youll-get [Accessed 24 Feb. 2026].
3. GOV.UK (2026). Support for Mortgage Interest (SMI). [online] GOV.UK. Available at: https://www.gov.uk/support-for-mortgage-interest/what-youll-get [Accessed 25 Feb. 2026].

Your home/property may be repossessed if you do not keep up repayments on a mortgage or other debt secured on it.

All the information in this article is correct as of the publish date 26^th February 2026. The opinions expressed in this publication are those of the authors. The information provided in this article, including text, graphics and images does not, and is not intended to, substitute advice; instead, all information, content, and materials available in this article are for general informational purposes only. Information in this article may not constitute the most up-to-date legal or other information.

Please be aware that by clicking on to any of the above links you are leaving our website. Please note that neither we nor HL Partnership Limited are responsible for the accuracy of the information contained within the linked site(s) accessible from this pag

If you are thinking about selling this spring, now is the moment to get organised. Spring often brings more buyers back into the market, but it also brings more competing listings. Buyers have choice, and they tend to move fastest when a home looks well-presented and the sale feels straightforward.

It may also feel slightly optimistic to talk about spring at the end of February. Much of the UK has had a very wet start to 2026, and persistent rain makes it harder to picture bright photographs, neat outdoor spaces, and back-to-back viewings. The good news is that you can still make strong progress indoors and, on the paperwork, so you are ready to act when the first decent spell arrives.

Plan your timings with a sensible buffer

In England and Wales, selling a home takes just five months on average, and it can take longer if you are part of a chain¹.

In Scotland, the legal stage after an offer is accepted is often quicker, with conveyancing commonly taking around eight to twelve weeks, although timescales vary by property and location².

In Northern Ireland, conveyancing from offer accepted to receiving the keys is typically around six to ten weeks, depending on the circumstances³.

These are typical ranges rather than guarantees, but they are useful for setting expectations. If you have a deadline, such as a school move or an onward purchase, it is worth building in a buffer from the start.

Make the home photograph well, because most decisions start online

Your first viewing is digital. Many buyers decide in seconds whether to enquire⁴.

Start with a proper declutter. Clear kitchen worktops, reduce excess furniture, and tidy hallways, bathrooms, and windowsills. Clutter makes rooms feel smaller and it photographs badly. If you are selling, you are moving, so packing early is rarely wasted effort⁴.

Then deal with the small faults that create doubt. Dripping taps, tired sealant, loose handles, sticking doors, scuffed paintwork, and blown bulbs are inexpensive to fix, but buyers notice them immediately. Those small issues also feed a bigger worry, which is whether there are hidden problems.

Given the amount of rain we have had already this year, it is sensible to pay attention to anything that looks like moisture. Condensation, damp marks, and musty smells put buyers on alert. If you spot issues, it is usually better to investigate and address the cause early than to hope it is overlooked and face a surprise at survey stage.

A deep clean is also worth doing properly. Focus on limescale, grout, extractor fans, skirting boards, ovens, and windows. A clean home feels maintained, and that confidence matters.

Improve kerb appeal without fighting the weather

You do not need a show garden in February. You do need a cared-for entrance.

Sweep paths, tidy bins, clean the front door, and make the approach look simple and uncluttered. If the lawn is waterlogged, avoid forcing an early mow that ruins the ground. Keep edges tidy and add colour with pots or planters instead. Buyers will forgive a garden that is not in full bloom. They are less forgiving of a frontage that looks neglected⁴.

Get your paperwork ready before you list

Most delays start after the offer is accepted, not before. The simplest way to reduce avoidable delays is to gather information early.

Before you market your home, you should be in a position to provide key documents and details, which may include tenure information, title details, planning and building regulation paperwork where relevant, and any guarantees or certificates for work that has been done.

An Energy Performance Certificate is also a key requirement. You must have a valid EPC in place before you market a property for sale⁴.

If your property is leasehold, start earlier than you think you need to. Leasehold transactions often require management information, service charge and ground rent details, buildings insurance information, and details of any planned major works. These packs can take time to obtain, and they are a common source of delay once you have agreed a sale.

Do not leave the mortgage side until the last moment

This is the part that often gets overlooked while people focus on viewings and offers.

If you have a mortgage, it is sensible to check how much you owe and whether early repayment charges apply. If you are also buying, it is worth thinking ahead about whether you will need a new mortgage, additional borrowing, or a change to your borrowing arrangements. Lenders will usually carry out affordability and credit checks for new borrowing, so keeping your finances steady in the run-up to an application can help avoid delays. Avoiding unnecessary new credit and sudden changes to financial commitments can reduce the risk of extra questions at the worst possible time.

You should also budget for the wider costs of moving, including legal fees, estate agent fees, removals, and the possibility of short-term overlap if completion dates do not align neatly.

Keep an eye on fraud risk

Property transactions involve large sums of money. It is important to verify that you are speaking to the person or firm you believe you are dealing with, and to confirm bank details independently before transferring funds. It is also sensible to be cautious about what you share on social media while a move is in progress.

The Spring 2026 takeaway

Spring can be an excellent time to sell, but it rewards preparation. If you focus on presentation, paperwork, and getting your mortgage position clear early, you reduce the chance of delays and you improve the likelihood of a smoother sale.

Even if the weather is still behaving like November, late February is a sensible time to get the foundations in place.

References:

1. GOV.UK  (2026). Selling a home. Available at: https://www.gov.uk/selling-a-home [Accessed 24 Feb. 2026].
2. ESPC . (2024). How long does it take to sell a house in Scotland? [online] Available at: https://espc.com/news/post/how-long-does-it-take-to-sell-a-home [Accessed 24 Feb. 2026].
3. propertypal.com. (2025). How Long Does the Legal Process Take? – Helpful Articles for Buyers & Sellers – News And Analysis – PropertyPal. [online] Available at: https://www.propertypal.com/news-and-analysis/legal/how-long-does-the-legal-process-take    [Accessed 24 Feb. 2026].
4. Rightmove Guides. (2026). Preparing your home for sale | Rightmove Guides. [online] Available at: https://www.rightmove.co.uk/guides/seller/preparing-to-sell/preparing-your-property/ [Accessed 24 Feb. 2026].

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Your home/property may be repossessed if you do not keep up repayments on a mortgage or other debt secured on it.

All the information in this article is correct as of the publish date 26^th February 2026. The opinions expressed in this publication are those of the authors. The information provided in this article, including text, graphics and images does not, and is not intended to, substitute advice; instead, all information, content, and materials available in this article are for general informational purposes only. Information in this article may not constitute the most up-to-date legal or other information.

Please be aware that by clicking on to any of the above links you are leaving our website. Please note that neither we nor HL Partnership Limited are responsible for the accuracy of the information contained within the linked site(s) accessible from this page

If your mortgage deal is due to end this year, it is worth getting ahead of it now. Not because you need to panic, but because leaving it late can limit your choices and increase the chance of ending up on your lender’s Standard Variable Rate (SVR), which can be higher and can change¹.

A calm, organised approach usually leads to better outcomes than a last-minute scramble, and it starts with understanding two things: timing and credit.

What happens when your deal ends?

When a fixed, tracker or discounted period finishes, many mortgages revert to the lender’s SVR unless you switch to a new deal. At that point, most borrowers will either:

• Switch to a new product with their existing lender, or
• Move to a new lender, subject to eligibility, affordability checks and the lender’s criteria¹.

The right route depends on your circumstances, your priorities, and the overall cost once fees are taken into account, not just the headline rate.

Timing: the easiest way to reduce stress

If your deal ends this year, the best move is to act early. Starting several months in advance gives you time to compare options properly, avoid unnecessary delays, and resolve any issues that might show up during checks¹.

It also reduces the risk of slipping onto SVR while you are still gathering documents or waiting for underwriting.

Why your credit profile matters

Your credit profile plays a key role in the mortgage process. It helps lenders decide not only whether to lend but also which rates and terms they are prepared to offer. It is rarely the only factor, but it can influence the range of products available to you and how smooth the application process feels¹.

One important point that is often missed: there is no single universal credit score. Different lenders interpret the information on your credit file in their own way. That is why the most reliable approach is to focus on the fundamentals that most lenders look for: stability, consistency, and sensible use of credit¹.

The credit tidy-up that can make a real difference

You do not need gimmicks. Small, consistent actions can help, particularly in the months before applying.

1) Check your credit file early
One of the simplest and most effective steps is to check your credit report well before you start applying. Errors are more common than many people expect, ranging from outdated addresses to accounts that do not belong to you. Correcting inaccuracies can improve your profile, but updates may take time to filter through, which is why early checks matter.

In the UK, the main credit reference agencies are Experian, Equifax and TransUnion, and the information can vary across them¹.

2) Payment history matters most
Consistently paying bills on time is one of the strongest signals you can send to lenders. Missed or late payments, even on smaller commitments such as mobile contracts, can have a disproportionate impact. If you have any payments that regularly catch you out, setting up direct debits and reminders can reduce the risk of accidental oversights¹.

3) Keep credit card balances sensible
How much of your available credit you use can matter as much as whether you repay it. High utilisation can signal financial strain, even if you always pay on time. Where possible, reducing balances and avoiding maxed-out limits can support your overall profile¹.

4) Avoid sudden changes before applying
In the run-up to a mortgage application, stability is important. Taking out new credit, switching bank accounts frequently, or making multiple applications within a short period can raise red flags. If your deal is ending soon, it is often wise to avoid unnecessary new finance and keep your financial footprint steady¹.

5) Be cautious about closing older accounts
Closing unused credit accounts can reduce your available credit and change your profile. It is not always a problem, but it is not always helpful either. If you are unsure, it may be better to pause before making changes, especially close to an application¹.

6) Make sure you are on the electoral register
This can help with identity checks and can support your credit profile, particularly if you have moved recently¹.

How long do improvements take?

Some changes can help quickly, while others take longer.

• Correcting errors or reducing balances may help within weeks.
• Rebuilding after missed payments typically takes longer, and consistency matters.

Even modest improvements can make the process smoother and may widen the choice of lenders and products available.

Do not forget protection as your deal ends

When people review their mortgage, it is also a sensible time to review the safety net around it. If your income stopped due to illness or an accident, or if the worst happened, would the mortgage and household bills still be manageable?

Many people set up life insurance and income protection years ago and then never look at it again. But circumstances change: your mortgage balance reduces, your family situation changes, your income changes, and cover that once felt right can become out of date. A quick review can help you check whether your cover still matches your needs and budget, and whether you are protected in the way you expect.

Look beyond the headline rate

It is tempting to fixate on the rate, but the overall cost matters more. When comparing deals, keep an eye on:

• Product fees and valuation fees
• Incentives and cashback offers
• Early repayment charges
• Flexibility, overpayment options and portability
• Whether the term still suits your plans

A slightly higher rate with lower fees can be better value for some borrowers, particularly on smaller balances or shorter fixes. Equally, a low rate can look attractive until fees are added back in.

The practical takeaway

If your mortgage deal ends this year, treat it like a diary date rather than a surprise. Start early, gather the basics, and keep your credit profile steady and well managed in the months leading up to any application.

References:

1. MoneySavingExpert.com. (2026). Getting ready to remortgage. [online] Available at: https://www.moneysavingexpert.com/mortgages/getting-ready-remortgage/       [Accessed 24 Feb. 2026].

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Your home/property may be repossessed if you do not keep up repayments on a mortgage or other debt secured on it.

All the information in this article is correct as of the publish date 26^th February 2026. The opinions expressed in this publication are those of the authors. The information provided in this article, including text, graphics and images does not, and is not intended to, substitute advice; instead, all information, content, and materials available in this article are for general informational purposes only. Information in this article may not constitute the most up-to-date legal or other information.

Please be aware that by clicking on to any of the above links you are leaving our website. Please note that neither we nor HL Partnership Limited are responsible for the accuracy of the information contained within the linked site(s) accessible from th

If you took out a two, three or five-year fixed mortgage a few years ago, 2026 could be an important year for you.

Around 1.8 million homeowners are coming to the end of fixed-rate deals taken out in 2021, 2022 and 2023¹. As those deals expire, borrowers face a decision about what happens next and doing nothing may not always be the best outcome.

What Happens When Your Fixed Deal Ends

When a fixed-rate mortgage comes to an end, most borrowers are automatically moved onto their lender’s standard variable rate.

Standard variable rates are typically higher than fixed or tracker rates and can change at any time. This means monthly payments may increase, sometimes significantly, if no action is taken. With a large number of fixed-rate deals ending during 2026, many households will be reviewing their mortgage for the first time in several years.

Mortgage Rates Are Lower Than Last Year

The good news is that mortgage rates have eased compared with early 2025.

Average two- and five-year fixed rates were around 4.55%, down from 5.25% a year ago². In some cases, lower rates are available for borrowers with lower loan-to-value ratios, although fees and eligibility criteria vary.

This improvement reflects a reduction in the Bank of England base rate in late 2025, as well as increased competition between lenders³. While rates remain higher than the very low levels seen during the pandemic, the overall trend has been more positive.

Choosing Your Next Step

If your mortgage deal is ending this year, you may be considering whether to secure a new fixed rate or explore other options.

Some borrowers value the certainty of fixed monthly payments, particularly when household budgets are tight. Others may prefer more flexibility, depending on their circumstances and future plans.

Future interest rates are uncertain and influenced by a range of economic factors. While further base rate changes are possible, there is no guarantee that mortgage rates will fall further, or that waiting will lead to better options.

The most suitable choice will depend on your individual situation, including your income, outgoings, future plans and attitude to risk.

Why Reviewing Early Can Help

Many lenders allow borrowers to secure a new deal several months before their current one ends.

Reviewing your options early can help you understand what is available and avoid moving onto a higher variable rate unexpectedly. It also gives you time to consider fees, affordability and how different mortgage types could affect your monthly payments.

The Key Message for Homeowners

If your fixed-rate mortgage is ending in 2026, this is a sensible time to review your position.

Mortgage rates have improved, choice has increased and there may be options available that better suit your needs. However, mortgage decisions are personal, and there is no single solution that works for everyone.

References:

1. International Business Times UK. (2026). 1.8 Million UK Mortgages Expiring in 2026: Why Homeowners Who Locked in Pandemic Rates Could Pay £5,000+ More This Year. Available at: https://www.ibtimes.co.uk/18-million-uk-mortgages-expiring-2026-why-homeowners-who-locked-pandemic-rates-could-pay-1770761 [Accessed 26 Jan. 2026].
2. Rightmove (2025). Average two-year and five-year fixed mortgage rates now level – Rightmove Press Centre Available at: https://www.rightmove.co.uk/press-centre/average-two-year-and-five-year-fixed-mortgage-rates-now-level/            [Accessed 26 Jan. 2026].
3. ‌Bank of England (2025). Interest rates and Bank Rate: our latest decision. Available at: https://www.bankofengland.co.uk/monetary-policy/the-interest-rate-bank-rate             [Accessed 26 Jan. 2026].

Your home/property may be repossessed if you do not keep up repayments on a mortgage or other debt secured on it.

All the information in this article is correct as of the publish date 29^th January 2026. The opinions expressed in this publication are those of the authors. The information provided in this article, including text, graphics and images does not, and is not intended to, substitute advice; instead, all information, content, and materials available in this article are for general informational purposes only. Information in this article may not constitute the most up-to-date legal or other information.

Please be aware that by clicking on to any of the above links you are leaving our website. Please note that neither we nor HL Partnership Limited are responsible for the accuracy of the information contained within the linked site(s) accessible from this page.

Mortgage brokers regularly speak to clients who are focused on the obvious household costs: mortgage payments, energy bills, council tax. Home insurance often gets treated as a simple renewal.

The problem is that small details in a home insurance policy can make a big difference at the point you need to claim. And when those details are wrong, it can lead to an expensive shortfall.

How Much Does Home Insurance Cost in 2026

Home insurance premiums vary significantly depending on where you live, the type of property you own, your claims history and the level of cover you choose.

Current market data suggests the average annual cost of a combined buildings and contents policy is around £250, although your own premium could be higher or lower depending on your circumstances¹.

Buildings insurance is also a condition of most mortgages and needs to remain in place for as long as you have a loan secured on your home

The Common Mistake We See

One of the most common issues we see is confusion between what a home is worth and what it would cost to rebuild.

They are not the same.

The rebuild cost is the amount it would take to reconstruct your home from scratch, including labour, materials and professional fees. If this figure is too low, you could be underinsured. Under insurance matters because it can affect how much an insurer pays out after a claim. In some cases, it may mean you have to fund part of the repair or rebuilding costs yourself.

This can happen gradually if your policy has not been reviewed for several years, especially if building costs have increased or if you have made improvements to your property.

Weather, Water and Real-World Claims

Homeowners often assume home insurance is mainly for major incidents. In practice, many claims involve everyday events that can still be costly.

Storm damage, flooding and escape of water incidents remain among the most common causes of significant claims². The key point is that policy wording, exclusions and excesses can vary, so it is worth understanding the detail before you ever need to use the cover.

Why Home Insurance Comes Up When We Review Your Mortgage

When your mortgage is reviewed, particularly as you approach the end of a fixed-rate deal, we often discuss home insurance too. This is not about creating extra products. It is about making sure the protection around your home remains appropriate and offers fair value.

That typically means checking the points that most often cause issues later, such as:

• The rebuild cost used for buildings cover
• Limits and exclusions, including accidental damage and escape of water
• Excess levels and whether they remain affordable
• Any limits for high-value items within contents cover
• Whether the details on the policy still match your situation

If we arrange insurance for you, we will always explain the key features and limitations, and we will be transparent about any fees or commission. If you prefer to arrange insurance elsewhere, that is entirely your choice.

What We Suggest You Check This Year

If you have not reviewed your home insurance recently, these are sensible areas to look at:

• Whether your rebuild cost figure is still accurate
• Whether your contents cover reflects what you actually own today
• Whether any policy limits apply to items such as jewellery, watches or bicycles
• The excess you would pay if you made a claim

Taking a few minutes to review these points can help you avoid unpleasant surprises later.

In Summary

Home insurance is there to protect you from financial shock. Having cover in place is essential, but having the right cover matters just as much.

If your mortgage deal is ending this year, or you have not reviewed your home insurance for a while, it may be a good time to check that your policy still matches your property and your circumstances.

References:

1. MoneySuperMarket Home insurance facts, trends and stats – 2026Available at: https://www.moneysupermarket.com/home-insurance/home-insurance-statistics/          [Accessed 26 Jan. 2026].
2. Confused.com (2025). UK home insurance claims data. Available at: https://www.confused.com/home-insurance/home-insurance-claims         [Accessed 26 Jan. 2026].

Your home/property may be repossessed if you do not keep up repayments on a mortgage or other debt secured on it.

All the information in this article is correct as of the publish date 29^th January 2026. The opinions expressed in this publication are those of the authors. The information provided in this article, including text, graphics and images does not, and is not intended to, substitute advice; instead, all information, content, and materials available in this article are for general informational purposes only. Information in this article may not constitute the most up-to-date legal or other information.

Please be aware that by clicking on to any of the above links you are leaving our website. Please note that neither we nor HL Partnership Limited are responsible for the accuracy of the information contained within the linked site(s) accessible from this page.