Remortgaging in 2026: Should You Fix Again?

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🔄 Remortgaging in 2026: Should You Fix Again?

  • Many borrowers are coming off ultra-low fixed rates.
  • New fixed rates are higher — but more stable.
  • Trackers are back in consideration for some borrowers.
  • Your decision depends on risk tolerance and affordability.
  • There isn’t a one-size-fits-all answer.

1 | The Reality in 2026

Thousands of homeowners are coming off:

  • 2-year fixes
  • 5-year fixes
  • Sub-2% deals from previous years

Moving onto a lender’s Standard Variable Rate (SVR) can mean a sharp jump in payments.

Remortgaging early — before your deal ends — can often prevent this.

2 | Fixing Again: The Case For

A new fixed rate gives:

  • Predictable monthly payments
  • Protection from future rate rises
  • Easier budgeting
  • Peace of mind

In a still-uncertain market, stability has value.

Especially if:

  • You’re stretching affordability
  • You prefer certainty
  • You plan to stay put

3 | Trackers: Why They’re Back in Conversation

Tracker mortgages follow the Bank of England base rate.

They may:

  • Start lower than fixed rates
  • Have lower early repayment charges
  • Allow flexibility

But they come with risk:

If base rate rises, so does your payment.

They suit borrowers who:

  • Can handle payment fluctuations
  • Have strong affordability margins
  • Want flexibility

4 | Questions to Ask Yourself

Before choosing, consider:

  • Could I afford my payment if rates rose by 1%?
  • Do I value stability or flexibility more?
  • Am I likely to move in the next few years?
  • Would early repayment charges restrict me?

The “best” product is the one aligned with your circumstances.

5 | Timing Matters

You can often secure a new deal:

  • 3–6 months before your current rate ends

That gives:

  • Protection against rate increases
  • Time to compare options
  • No need to rush

📞 Coming to the End of Your Fixed Rate?

This website provides information only and does not offer advice.

We can introduce you to specialist advisers who can:

  • Compare fixed and tracker options
  • Assess affordability properly
  • Explain lender criteria
  • Help you secure a suitable deal

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