Sarah Creek Mortgages

17/12/2025

Borrowers favour a shorter fixed rate period

Data from the Bank of England shows that UK borrowers are currently favouring two-year fixed-rate deals.

In Q2 of this year, half of new mortgages were two-year deals, with only 35% opting for five-year terms. Borrowers are probably hoping to remortgage to a cheaper deal if Bank Rate keeps falling over the next two years. This marks a change in attitude since 2022 - interest rates were beginning to rise, so buyers were hoping to keep mortgage costs low by choosing a five-year fixed deal.

A longer mortgage deal is still worth considering, despite hopes that interest rates will ease in the coming years. Analysts do not anticipate mortgage rates to fall to the record lows seen in 2021; instead, they expect that mortgage rates will settle at a higher level, potentially around 3.5%. Also, potential cuts to Bank Rate are taken into consideration when pricing fixed rate mortgages, so some experts believe that current rates are the best that we will get for a while.

Deciding on your next move? It’s essential to seek advice so you can make an informed decision about the mortgage deal that’s right for you.

Your home may be repossessed if you do not keep up repayments on your mortgage. You may have to pay an early repayment charge to your existing lender if you remortgage

Sources:

https://www.msn.com/en-gb/news/other/half-of-mortgage-borrowers-fix-for-two-years-are-they-being-too-optimistic-about-rate-cuts/ar-AA1OWSr5

https://www.thisismoney.co.uk/money/mortgageshome/article-15128641/HALF-mortgage-borrowers-fix-two-years-optimistic-rate-cuts.html

28/10/2025

Is your mortgage deal coming to an end?
Over 760,000 borrowers will be considering their mortgage options as their fixed-rate deals come to an end this year.

Those with five-year deals about to expire may be anticipating sharp rises in their monthly bills; they will have fixed their mortgage in 2020, when interest rates were as low as 1.4%. Since then, rates have soared, meaning payments could increase by up to £300 a month. Although rates are a lot higher than they were five years ago, this summer did see some lenders cutting their rates as they competed for remortgage deals amid slow buying activity. In July, there were 41,800 remortgage approvals, the highest since October 2022 after Liz Truss’ mini budget.

Seek advice in times of change
In uncertain economic times, it can be difficult to know what to do if your mortgage deal is coming to an end. Fixed deals are not your only option; there are tracker mortgages, standard variable rates and others which may be suited to your specific circumstances. A professional adviser can talk you through your options so you can make an informed decision.

Your home may be repossessed if you do not keep up repayments on your mortgage.
You may have to pay and early repayment charge to your existing lender if you remortgage

Sources:
https://www.thetimes.com/business-money/money/article/mortgage-prices-borrowers-rates-x90qwxn9k

22/10/2025

Let us take care of finding you the right life insurance policy for you. Contact us on 07734 738861 or [email protected] to talk about your options.

As with all insurance policies, conditions and exclusions will apply.

29/09/2025

🎉 I’m back! (Can you really say that if you never quite got started? ) 😅

It’s been a month of big milestones — and I thought what better time to share a little update?

👶 My youngest son turned one
🎂 Just a few days earlier, my business turned two

In the past two years, I’ve been organically growing a business while being pregnant, raising two young boys, and adapting to the ever-changing mortgage market — so it’s fair to say social media has taken a backseat.

But now, with the youngest starting nursery (and hopefully past the dreaded freshers’ flu!), I’m finally getting back into full work mode — and I’m excited to reconnect.

If you’ve been wondering:

🏡 Can I still get a good mortgage rate?
📉 What’s happening with interest rates lately?
📜 Is now a good time to review my mortgage?

Let’s catch up — whether you’re moving, remortgaging, or just want a no-pressure chat about your options (or a general catch up!), I’m here to help!

Please note: -
- Your home may be repossessed if you do not keep up repayments on your mortgage.
- You may have to pay an early repayment charge to your existing lender if you remortgage.
- There may be a fee for arranging a mortgage, and the exact amount will depend on your circumstances. This will typically be £300.

02/01/2024

New website is now live!

Sarah Creek Mortgages is an Appointed representative of Stonebridge Mortgage Solutions Ltd which is authorised and regulated by the Financial Conduct Authority. Proprietor: Sarah Bradley. Registered office address: Quadrant House, 20 Broad Street Mall, Reading, RG1 7QE. Financial Conduct Authority ...