05/06/2026
Who doesn’t love a bit of good news….. like email’s from lenders saying interest rates are going down. Well they’re trickling in 🎉🎉
Mortgage rates are on the move again 📉
We’ve received notice today that a lender is reducing selected fixed rates by up to 0.46%, with some tracker rates also coming down.
While not every mortgage product is reducing, it’s another sign that competition between lenders remains strong and there may be opportunities for buyers and homeowners to secure a better deal.
What does this mean in practice?
🏡 Buying your first home? Your monthly payments could be lower than they were a few weeks ago.
🔑 Moving home? It may be worth reviewing your budget and affordability.
📋 Coming to the end of a fixed rate? Now is a good time to check what remortgage options are available.
The important thing to remember is that headlines don’t tell the full story. The best mortgage for you will depend on your deposit, income, credit profile and future plans.
If you’re wondering whether these latest rate reductions could benefit you, send me a message and I’ll happily take a look.
Your home may be repossessed if you do not keep up repayments on your mortgage.
