10/03/2026
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⚠️ Mortgage Market Update
We’re already seeing movement in the mortgage market this week.
Several lenders have increased fixed mortgage rates, while others have withdrawn products from the market as funding costs rise and global markets react to ongoing conflict in the Middle East.
Higher oil prices and inflation concerns have pushed up swap rates (which lenders use to price mortgage deals), and that pressure is now starting to filter through into mortgage pricing.
For homeowners, this doesn’t mean panic, but it does mean the market can move quickly.
If your current mortgage deal is due to end in the next 6 months, it may be worth reviewing your options sooner rather than later so you understand what’s available.
And for first-time buyers, securing a mortgage agreement early can help give clarity on what you may be able to borrow while the market is moving.
📞 If you want to talk it through, feel free to get in touch with the team.
Sources:
Mortgage Solutions – Lenders repricing mortgages amid market uncertainty (2026)
HomeOwners Alliance – UK Mortgage Rate Forecast and Swap Rate Analysis (2026)
Please note:
This post is for information purposes only and does not constitute financial advice. Your home may be repossessed if you do not keep up repayments on your mortgage or any other debts secured on it. There may be a fee for mortgage advice. The precise amount will depend upon your circumstances.
Yomo Finance Ltd is an Appointed Representative of The Right Mortgage Ltd, which is authorised and regulated by the Financial Conduct Authority.