Is your mortgage deal ending this year or in early 2027? Why reviewing early could save you money

If your mortgage deal ending is later this year, or in early January 2027, now could be the time to start looking at your options.

For many homeowners, the mortgage is the largest monthly bill they pay. Yet it is also one of the financial products most likely to be left until the last minute.

That can be costly.

When a fixed, tracker or discounted mortgage deal ends, borrowers are usually moved onto their lender’s standard variable rate, often known as the SVR. This can be significantly higher than the rate they were paying before, which means monthly repayments can rise sharply if no action is taken¹.

In 2026, this matters because mortgage rates remain much higher than many homeowners became used to during the ultra-low-rate years. Household budgets are still under pressure, and even a relatively small difference in rate can make a noticeable difference to monthly payments.

That does not mean everyone should rush into a new deal immediately. But it does mean homeowners should understand their options early, rather than waiting until their current rate is about to end.

Speaking to your mortgage broker or adviser early can help you understand what may be available, what your current lender can offer and whether it may be worth comparing the wider market.

Why starting early matters when mortgage deal ending.

One of the biggest mistakes borrowers make is waiting until their mortgage deal has already finished before looking for a new one.

By that point, they may have moved onto their lender’s SVR. That can mean paying more each month while trying to arrange a new deal.

It is usually sensible to start reviewing your options around three to six months before your current deal ends. Many lenders allow borrowers to secure a new rate in advance, which means you may be able to line up your next mortgage before your current deal finishes¹.

That gives you time to compare options properly, gather paperwork and avoid making a rushed decision close to the deadline.

It can also give you some flexibility. If rates rise, having a deal arranged may provide reassurance. If rates fall before the new deal starts, your broker or adviser may be able to review the market again and check whether a more suitable option is available.

The key point is simple. Timing matters, especially when your mortgage deal ending

Do not assume staying with your current lender is best

Remortgaging does not always mean moving to a new lender.

Your current lender may offer you a new deal, known as a product transfer or product switch. This can sometimes be quicker and simpler than moving elsewhere because there may be less paperwork, fewer checks and lower legal or valuation costs¹.

In some cases, product transfer rates can also be competitive.

But that does not mean you should automatically accept the first offer from your current lender. It should be treated as a benchmark.

Once you know what your existing lender is prepared to offer, your mortgage broker or adviser can help compare it with deals available elsewhere. The right option will depend on the rate, fees, your loan size, your circumstances and how much certainty or flexibility you want.

A slightly lower rate elsewhere may look attractive, but the overall cost still needs to be compared carefully.

Look beyond the headline rate when your mortgage deal ending

When comparing mortgage deals, it is easy to focus on the interest rate.

But the lowest rate is not always the cheapest deal overall.

Arrangement fees can make a significant difference. Some mortgage deals come with fees of around £1,000 or more. Others may have lower or no fees but a slightly higher interest rate¹.

For borrowers with smaller mortgages, a high fee can sometimes wipe out the benefit of a lower rate. For borrowers with larger mortgages, the lower rate may still make sense.

That is why the total cost matters.

A proper comparison should include the monthly payment, arrangement fee, valuation fee, legal costs, exit fees and any early repayment charges. It should also look at the cost over the initial deal period, not just the first month.

Your mortgage broker or adviser can help compare deals on this basis, rather than simply looking at which rate appears cheapest at first glance.

Check your early repayment charge

Before moving to a new mortgage deal, you need to check whether your current mortgage has an early repayment charge.

Many fixed-rate mortgages include charges if you leave before the deal ends. These charges can run into thousands of pounds, depending on the size of your mortgage and the terms of your deal¹.

That does not always mean moving early is the wrong decision, but the cost needs to be factored into the calculation.

You should know when your current deal ends, whether an early repayment charge applies, how much the charge would be, the date the charge stops applying and whether any exit or administration fees apply.

The aim is to avoid accidentally triggering a charge that could have been avoided by timing the new mortgage correctly. Your broker or adviser can help you review these details before you make a decision.

Know your loan-to-value

Your loan-to-value, often called LTV, is the percentage of your property’s value that is covered by your mortgage¹.

For example, if your home is worth £300,000 and your mortgage is £210,000, your LTV is 70%.

This matters because lenders usually offer better rates to borrowers with more equity in their home. Someone borrowing 60% of their property’s value will often have access to more competitive rates than someone borrowing 90%.

Before reviewing your mortgage, it is worth getting a realistic idea of your property’s current value and checking how much you still owe.

If you are close to a lower LTV band, even a small overpayment or a slightly higher property valuation could improve the range of deals available to you.

However, property values can move in both directions. If your home is valued lower than expected, your LTV could be higher than you thought, which may affect the products you can access.

This is another reason to start early and speak to your mortgage broker or adviser before your current deal ends.

Think carefully before borrowing more

Some homeowners use a remortgage to borrow additional money. This might be for home improvements, debt consolidation or another major expense.

There are times when this can make sense, but it should never be treated as an automatic decision.

Adding borrowing to your mortgage may reduce the interest rate compared with a credit card or personal loan, but it can also mean paying the debt back over a much longer period. That can increase the total amount of interest paid.

A lower rate over 20 or 25 years can sometimes cost more overall than a higher-rate loan repaid over a much shorter period.

There are also risks. A mortgage is secured against your home, so increasing the debt secured on the property should be considered carefully.

If you are thinking about consolidating debts or borrowing more, it is important to speak to your mortgage broker or adviser and understand the full long-term cost.

Fixed or variable: what matters most to you?

One of the biggest decisions when reviewing your mortgage is whether to choose a fixed or variable rate.

A fixed-rate mortgage gives certainty. Your monthly payment stays the same for the length of the deal, which can make budgeting easier. This can be particularly valuable if your finances are already stretched or you would struggle if payments increased.

A variable or tracker deal may be attractive if you think rates could fall, but payments can move up as well as down. That means you need to be comfortable with uncertainty.

There is no single right answer.

The best choice depends on your attitude to risk, your household budget, your future plans and whether you value certainty more than flexibility.

The question is not simply which rate is cheapest today. It is which deal is suitable for the way you live, earn and manage your money. Your broker or adviser can help talk through the options and explain the potential benefits and risks of each route.

Get your paperwork ready

Even if you already have a mortgage, a new lender will still want to assess whether you can afford the new deal.

That means checking your income, spending, credit history and wider financial position.

If you have recently changed jobs, become self-employed, taken on more debt, missed payments or increased regular commitments, this could affect your options.

Before applying, it is worth checking your credit file, making sure you are on the electoral roll, reviewing bank statements and avoiding unnecessary new credit applications.

Lenders may ask for payslips, bank statements, proof of bonuses or commission, and tax information if you are self-employed.

If something unusual appears on your bank statements, be prepared to explain it. A regular payment to a family member, use of an overdraft or recent large transaction may raise questions during the application.

Your mortgage broker or adviser can help you understand what documents may be needed and whether there is anything that could affect your application.

Does your mortgage still fit your life?

A mortgage that suited you two or five years ago may not be the right fit today.

Your income may have changed. You may have had children. You may now work from home. You may want to overpay. You may be planning to move. You may need more payment certainty, or you may want greater flexibility.

For some borrowers, the priority will be the lowest possible monthly payment. For others, it may be paying the mortgage down faster, reducing the term, protecting against future rate rises or avoiding large fees.

You should also think about whether your mortgage term still makes sense.

Extending the term can reduce monthly payments, but it usually means paying more interest over the life of the loan. Shortening the term can save interest, but only if the higher payments are affordable.

These decisions should be made with the full picture in mind, and a conversation with your mortgage broker or adviser can help you understand the possible trade-offs.

The bottom line

If your mortgage deal ends later this year, or in early January 2027, do not leave it until the last minute.

Start by checking when your current deal ends, whether early repayment charges apply, how much you owe, what your home may be worth and what your current lender is prepared to offer.

Then compare the wider market, including fees and product features, not just the headline rate.

For many homeowners, the right mortgage decision could make a meaningful difference to monthly payments and long-term costs.

If your current deal is ending soon, or you are unsure whether your mortgage still suits your circumstances, speak to your mortgage broker or adviser early. They can help you review your current deal, compare your options and understand what may be suitable for your circumstances before you need to make a decision.

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

For more information, go to Mortgage – The Finance House

References:

1. MoneyHelper. (2026). Remortgaging to get the best deal | MoneyHelper. [online] Available at: https://www.moneyhelper.org.uk/en/homes/buying-a-home/remortgaging-to-cut-costs [Accessed 26 May 2026].

There may be a fee for mortgage advice. The precise amount of the fee will depend on your circumstances.

Think carefully before securing other debts against your home/property.

All the information in this article is correct as of the publish date 28^th May 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 HLPartnership Limited are responsible for the accuracy of the information contained within the linked site(s) accessible from this page.

Selling your home this summer? Five things sellers need to know as buyers get more choice

If you are thinking about selling your home this summer, the market may look encouraging at first glance.

Asking prices have been holding up, homes are still selling, and many buyers remain active. But look a little closer and the picture becomes more complicated.

Rightmove’s May 2026 House Price Index reported that the average price of property coming to market rose by 1.2% in May to £378,304. Sales agreed were 4% lower than the same period last year, suggesting that activity has not disappeared¹.

However, sellers should not confuse a steady market with an easy one.

Rightmove also reported that buyers now have the widest choice of homes for sale at this time of year since 2015, while around 32% of homes on the market have had a price reduction¹.

That matters because buyers with more choice can afford to be more selective. They may compare similar homes more carefully, question asking prices more closely and take longer before making an offer.

For sellers, this does not mean panic. But it does mean preparation.

If you want to sell this summer, here are five things worth knowing before your property goes on the market.

1. More choice means buyers can be more selective

In a market where buyers have fewer homes to choose from, they often move quickly and may be willing to compromise.

When there are more properties available, the balance changes.

Buyers can compare similar homes in the same area. They can look at price, condition, garden size, parking, energy performance, local schools, transport links and how much work the property needs.

A buyer may still love your home, but they will also be asking whether it represents the best value compared with everything else they have seen.

That is why sellers need to think beyond simply listing the property and waiting for interest.

Presentation, price and timing all matter. A well-presented home at a realistic price is more likely to attract serious buyers than one that relies on hope and an ambitious asking figure.

2. Pricing too high can cost you early interest

The first few weeks after a property is listed are often the most important.

This is when your home is fresh on the property portals, when buyer alerts are sent out, and when estate agents are likely to have registered applicants ready to view.

If the asking price is too high during that early window, serious buyers may scroll past it.

Some sellers assume they can start high and reduce later if needed. That can work in some cases, but it can also create problems. By the time the price is reduced, the listing may already feel stale. Buyers may wonder why it has not sold. Some may see the reduction as a reason to negotiate even harder.

A realistic asking price does not mean underselling your home. It means looking at the market as it is today.

Ask your estate agent about recent agreed sales, not just advertised prices. Look at how long similar homes nearby have been on the market. Check whether comparable properties have already reduced their asking price.

The question is not only what your home is worth to you. It is what a proceedable buyer is likely to pay in the current market.

3. Presentation matters when buyers have alternatives

Buyers are not just comparing prices. They are comparing how homes feel.

A cluttered hallway, tired bathroom, scuffed walls or overgrown garden may not stop someone buying on its own. But it can create hesitation, and hesitation can lead to lower offers.

Before your home is photographed, walk through it as if you are viewing it for the first time.

Clear kitchen worktops. Tidy shoes, coats and bags from the hallway. Remove bulky furniture that makes rooms feel smaller. Touch up marked walls. Replace broken lightbulbs. Fix loose handles. Clean grout and reseal around the bath or shower if needed.

The outside of the property matters too. The front door, driveway, path and garden all contribute to the first impression.

Late spring and early summer can work in a seller’s favour because homes often look brighter and gardens can look their best. Make the most of that. Clean windows, open curtains and blinds, cut the grass, sweep the patio and create a simple outdoor seating area if you can.

Buyers should be able to imagine themselves living there, not mentally listing the jobs they would need to do.

4. Summer can help, but timing still matters

The end of May and early June can be a useful time to go to market.

Homes are often lighter, gardens are more appealing, and some families may be thinking ahead to a move before the next school year.

But sellers should also be realistic about the summer timetable.

As the main holiday season approaches, viewings can become harder to coordinate. Buyers go away. Sellers go away. Solicitors, surveyors and estate agents may have staff on leave. Even motivated people can become harder to pin down.

That does not mean you should rush into selling before you are ready. But if you are serious about moving this year, it is sensible to get organised before the summer holiday season is fully under way.

Gather key paperwork. Speak to your estate agent about the best launch date. Prepare your home before photographs are taken. Understand your onward plans.

A good property can still sell in summer, but a prepared seller is in a stronger position than one who is trying to make decisions under pressure.

5. Know your mortgage position before you accept an offer

Selling your home is not just about finding a buyer. It is also about understanding what happens next.

If you have a mortgage, you should check whether there are early repayment charges, whether your existing mortgage can be moved to a new property, and what your borrowing options may look like if you are buying again.

This is particularly important while mortgage affordability remains a key factor for buyers and sellers.

Rightmove’s May 2026 House Price Index reported that the average two-year fixed mortgage rate had fallen to 5.18%, down from 5.42% the previous month¹. That may offer some encouragement, but mortgage rates remain much higher than many borrowers were used to during the ultra-low-rate years.

Your next move may depend not just on the price you sell for, but on what you can borrow, what your monthly payments could be, and whether your current mortgage creates any restrictions.

A mortgage broker can help you understand your options before you accept an offer or commit to your next purchase.

That can include looking at affordability, potential monthly payments, product transfer options, remortgaging, porting an existing mortgage and any early repayment charges that may apply.

Having this information early can help you make more confident decisions and reduce the risk of delays once a buyer is found.

What should sellers do now?

This is not a market for panic. Homes are still selling, and many buyers remain active.

But it is not a market for guesswork either.

If you are thinking of selling this summer, it is worth taking a few practical steps before going live.

Speak to more than one local estate agent. Compare recent sold prices, not just asking prices. Ask how many similar homes are currently for sale. Prepare your home properly for photographs and viewings. Be realistic about what a reasonable offer may look like.

And if you are planning to buy another property, speak to a mortgage broker before you go too far down the road.

The better prepared you are, the more control you are likely to have.

The bottom line

The 2026 housing market is more nuanced than the headline figures suggest.

Prices have been holding up, but buyers have more choice. Homes are still selling, but sellers need to work harder to stand out. A high asking price may attract attention, but it will not guarantee a sale if buyers do not see value.

For anyone hoping to sell this summer, the message is simple. Price carefully, present well, understand your mortgage position and be ready to move when the right buyer comes along.

If you are thinking about selling and buying again, speaking to a mortgage broker early can help you understand your options before making your next move.

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

For more information go to: Mortgage – The Finance House

References: 

1. Rightmove. (2026) House Price Index: Monday 18th May 2026. [online] Available at: https://www.rightmove.co.uk/news/content/uploads/2026/05/Rightmove-HPI-18-May-FINAL.pdf[Accessed 26 May 2026].

There may be a fee for mortgage advice. The precise amount of the fee will depend on your circumstances.

All the information in this article is correct as of the publish date 28^th May 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 HLPartnership Limited are responsible for the accuracy of the information contained within the linked site(s) accessible from this page.

Speak to your mortgage adviser before borrowing more

As spring arrives, many people start thinking about home improvements and making changes to their home. Longer days and better weather can make it a natural time to plan improvements, whether that means building an extension, converting a loft, replacing a kitchen, upgrading a bathroom, improving energy efficiency or making the home more suitable for family life.

Home improvements can add comfort, space and, in some cases, value to your property. However, they can also involve significant costs. Materials, labour, planning requirements and unexpected issues can all affect the final amount you need to spend.

If you are considering borrowing more to pay for the work, it is worth speaking to your mortgage adviser before you make any firm commitments. They can help you understand the options available and whether additional borrowing may be suitable for your circumstances.

There may be several ways to fund home improvements. These could include a further advance from your existing lender, remortgaging to raise extra funds, a second charge mortgage, a personal loan or using savings. The right option will depend on your income, existing mortgage, property value, credit commitments, plans and budget.

If you borrow more against your home, your mortgage balance may increase and your home could be at risk if you do not keep up repayments. This is why it is important to consider whether the borrowing is affordable now and whether it would remain affordable if your circumstances changed.

It is important to look beyond the monthly payment. You should also consider the total cost of borrowing, the interest rate, any fees, the term of the borrowing and whether early repayment charges may apply. Extending borrowing over a longer period may reduce monthly payments, but it could increase the total amount of interest paid.

You should also check whether your current mortgage deal has any restrictions. If you are still within a fixed-rate period, remortgaging before the deal ends could trigger an early repayment charge. In some cases, another borrowing option may be more appropriate.

Before borrowing more, it is sensible to create a realistic budget for the work. This should include the main project costs, professional fees, planning or building control costs where relevant, VAT, temporary accommodation if needed and a contingency for unexpected expenses.

You may also want to consider whether the planned improvements are likely to support your longer-term plans. For example, the work may help you stay in the property for longer, create space for a growing family, improve energy efficiency or make the home more suitable as your circumstances change.

If the work is structural or significant, you should check whether you need planning permission, building regulations approval or consent from your freeholder, landlord or management company. You should also make sure you use suitable professionals and keep records of the work carried out.

Your insurance may also need reviewing. Major building work, extensions or changes to the property could affect your buildings insurance. You may need to tell your insurer before work begins to make sure you remain properly covered.

It is also worth reviewing your wider protection needs. If you increase your borrowing, extend your mortgage term or take on new monthly commitments, you may want to consider whether your life cover, critical illness cover or income protection remains suitable.

Home improvements can be a positive step, but borrowing more should be carefully considered. Taking advice early can help you compare your options, understand the costs and risks, and make an informed decision before you commit.

Please get in touch if you are thinking about home improvements and would like to understand your borrowing options. We can help you compare the possible routes, consider the costs and risks, and decide what may be suitable for your circumstances.
For more information contact us here Contact Us – The Finance House

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 30^th April 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 HLPartnership Limited are responsible for the accuracy of the information contained within the linked site(s) accessible from this page.

Landlords must send the new Renters’ Rights information sheet to tenants by 31 May 2026

Landlords in England should check whether they need to send tenants the new Renters’ Rights Act Information Sheet 2026.

From 1 May 2026, the first phase of the Renters’ Rights Act 2025 comes into effect. As part of this, private landlords and letting agents must provide tenants with the official government Information Sheet where it applies. The GOV.UK page states that the guidance is for private landlords and letting agents in England¹.

The requirement applies to existing assured or assured shorthold tenancies created before 1 May 2026, where there is a written tenancy agreement or where the tenancy terms are wholly or partly recorded in writing¹.

The Information Sheet explains how the new rules may affect tenants, including changes to fixed terms, rent increases, possession rules, Section 21 notices and requests to keep a pet¹.

The deadline is 31 May 2026. Government guidance says that, for most tenancies that began before 1 May 2026, landlords will not need to change or re-issue existing written tenancy agreements. Instead, they must send tenants a copy of the government-produced Information Sheet, either digitally or on paper, by 31 May 2026¹.

The key point is that every named tenant must receive it. Where more than one tenant is named on the tenancy agreement, each named tenant should be given the Information Sheet.

Landlords should also make sure that it is sent in the correct format. The official Information Sheet is available on GOV.UK as a PDF. Landlords should provide the document itself, either as a hard copy or as a PDF attachment. They should not rely on simply sending tenants a link.

If the property is fully managed by a letting agent, landlords should check whether the agent is sending the Information Sheet on their behalf. GOV.UK guidance says landlords and agents must give tenants the required information, and the official Information Sheet page confirms that this is the document landlords and their agents must provide¹.

The position is different where the tenancy is based entirely on a verbal agreement made before 1 May 2026. In that situation, landlords must provide certain written information about the tenancy terms rather than the Information Sheet. Government guidance says tenants can complain to the local council if the required written information is not provided, and the landlord could receive a fine of up to £7,000¹.

For landlords, the practical action is simple.

Landlords should download the official Renters’ Rights Act Information Sheet 2026 from GOV.UK, send it to every named tenant by 31 May 2026, and keep a record of when and how it was sent¹.

As mortgage advisers, we cannot provide legal advice on landlord obligations. However, if the changing rental rules prompt you to review your buy-to-let mortgage, wider property plans or borrowing position, please get in touch.

This article is for information only and does not constitute legal or tax advice. Landlords should seek advice from a qualified legal, tax or lettings professional where required.
Contact us at Contact Us – The Finance House

References:

1. GOV.UK  (2026). The Renters’ Rights Act Information Sheet 2026. [online] GOV.UK. Available at: https://www.gov.uk/government/publications/the-renters-rights-act-information-sheet-2026     [Accessed 28 Apr. 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 30^th April 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 HLPartnership Limited are responsible for the accuracy of the information contained within the linked site(s) accessible from this page.

Mortgage deal ending in 2026? Now is the time to review your options

If your current mortgage deal ending is due to end this year, it is worth reviewing your options sooner rather than later.

Across the UK, many homeowners are expected to reach the end of fixed-rate mortgage deals during 2026. UK Finance forecasts that 1.8 million fixed-rate mortgages are due to end this year, which means many borrowers will be reviewing their next steps at the same time¹.

The mortgage market also continues to change. Lenders have adjusted rates in recent weeks, but there is still uncertainty around whether borrowers should secure a new deal now or wait to see if pricing changes further. At the same time, household budgets remain under pressure, with UK CPI inflation rising to 3.3% in March 2026, according to the Office for National Statistics².

Is your mortgage deal ending? If your mortgage deal is coming to an end, the most important step is to understand your options before your current rate expires. If you do nothing, you may be moved onto your lender’s standard variable rate. This is often higher than the rate available on a new mortgage deal, which means your monthly payments could increase.

There are usually two main options to consider. You may be able to switch to a new deal with your existing lender, which is often known as a product transfer. Alternatively, you may be able to remortgage to a new lender if a more suitable option is available.

The right option will depend on your circumstances. Your income, property value, outstanding mortgage balance, credit commitments, future plans and attitude to risk can all affect what may be suitable for you.

It is also important to look beyond the interest rate. You may want to consider whether you need the certainty of a fixed monthly payment, whether you would prefer more flexibility, or whether your circumstances have changed since you last arranged your mortgage.

This is also a good time to review your wider financial position. If you have moved home, changed jobs, started a family, taken on additional borrowing or experienced a change in income, it may be sensible to review your protection needs, including life cover, critical illness cover or income protection.

The key message is not to leave it too late. Many lenders allow borrowers to secure a new deal several months before their current rate ends. In some cases, you may be able to reserve a new deal in advance and review your options again before it starts, depending on the lender and product selected.

Is your mortgage deal ending? If your mortgage deal is coming to an end within the next six months, now is a good time to speak to a mortgage adviser. Getting advice early can help you understand your options, compare the costs, avoid unnecessary pressure and make an informed decision about your next mortgage.

If your mortgage deal is due to end this year, please get in touch. We can help you review your options and consider what may be suitable for your circumstances.
For more information go to Mortgage – The Finance House

References:

1. UK Finance. (2026). Mortgage Market Forecasts. [online] Available at: https://www.ukfinance.org.uk/data-and-research/data/mortgage-market-forecast [Accessed 28 Apr. 2026].
2. ONS (2026). Consumer price inflation, UK. [online] Available at: https://www.ons.gov.uk/economy/inflationandpriceindices/bulletins/consumerpriceinflation/march2026  [Accessed 28 Apr. 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 30^th April 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 HLPartnership Limited are responsible for the accuracy of the information contained within the linked site(s) accessible from this page.

Has your life changed since you last reviewed your protection needs?

Your mortgage is likely to be one of your biggest financial commitments, but it is easy to forget that your wider protection needs can change over time.

If you arranged life cover, critical illness cover or income protection when you first took out your mortgage, the cover may have been suitable for your circumstances at the time. However, your life may look very different now.

You may have moved home, changed jobs, become self-employed, started a family, increased your borrowing, reduced your working hours or taken on new financial commitments. Any of these changes could affect the type or level of protection you may need.

A mortgage review is a good opportunity to look at this again. If your current mortgage deal is coming to an end, or you are thinking about remortgaging, borrowing more or changing your mortgage term, it may also be sensible to review whether your protection arrangements still fit your circumstances.

Protection is not just about helping repay the mortgage if the worst happens. It can also help provide financial support with everyday household costs, bills, childcare and other commitments if you are unable to work because of illness or injury, or if your household income changes unexpectedly.

For example, life cover could help repay the mortgage or provide financial support for loved ones if you died during the policy term. Critical illness cover could pay out if you were diagnosed with a serious illness covered by the policy. Income protection could provide a regular income if you were unable to work because of illness or injury, subject to the terms of the policy.

The right protection will depend on your circumstances, budget, employer benefits, existing cover and financial responsibilities. It is also important to understand what is and is not covered, as policies can vary.

There are also different ways protection can be arranged. The amount of cover, length of the policy, waiting period, whether payments stay the same or increase over time, and whether cover is arranged individually or jointly can all affect suitability and cost. This is why it is important to review protection in the context of your needs, budget and existing arrangements.

You may already have some protection in place through your employer, such as sick pay, death-in-service benefit or private medical insurance. These benefits can be valuable, but they may not provide the same level of cover as a personal policy. They may also change if you move jobs or become self-employed.

It is also worth checking who your policy is designed to protect. If your circumstances have changed, you may need to review the amount of cover, the policy term, the type of cover, or whether the policy should be written in trust.

Reviewing your protection does not always mean taking out something new. It may simply confirm that your existing cover is still suitable. However, if there are gaps, it is better to understand them before you or your family need to rely on the policy.

If you already have protection in place, it is important not to cancel an existing policy without taking advice. A new policy may be more expensive, may include exclusions, or may not be available on the same terms, especially if your health, age or circumstances have changed.

If your mortgage, income or family circumstances have changed since you last reviewed your protection needs, now is a good time to speak to an adviser. They can help you understand your options and consider what may be appropriate for your needs and budget.

Please get in touch if you would like to review your protection needs. We can help you consider whether your current arrangements still support your home, your family and your wider financial plans.
Go to https://thefinancehouse.co.uk/life-assurance/
To check us on the FCA register go to https://register.fca.org.uk/s/firm?id=001b000000NMSh1AAH

Availability and cost of cover is subject to criteria such as age, lifestyle, current health and medical history.

All the information in this article is correct as of the publish date 30^th April 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 HLPartnership Limited are responsible for the accuracy of the information contained within the linked site(s) accessible from this page.

Common Bank Statement Mistakes That Could Delay Your Mortgage

Applying for a mortgage is exciting, but it often involves more scrutiny than people expect. One of the first things a lender looks at is your bank statements and Bank Statement Mistakes. They give a real-time picture of how your money is managed, whether your income is steady, and whether your spending habits suggest you can comfortably take on a mortgage.

For many buyers, this can feel like an extra layer of pressure. The good news is that most issues seen on bank statements are entirely avoidable once you know what lenders are watching for.

Here are the most common red flags, what they mean, and how to prepare.

Frequent use of overdrafts Bank Statement Mistakes

Occasional dips into an arranged overdraft rarely cause problems, particularly if your overall finances look stable. The concern arises when there is a clear pattern of relying on overdrafts to get through the month. If this happens regularly, lenders may question whether the mortgage payments will be manageable.

Gambling transactions

Even small, regular payments to online betting companies are closely reviewed. Lenders are not judging your lifestyle, but they do have to consider financial stability and self-control. Regular gambling activity can be seen as a higher risk when considering long-term borrowing.

Payday loans

Repayments to short-term lenders usually signal previous financial strain. These types of loans can make mainstream borrowing more challenging, as they could suggest difficulties meeting regular commitments in the past.

Large or unexplained transfers

Significant sums moving in or out of your account without a clear reason can raise questions about undisclosed debts, informal loans, or financial arrangements that haven’t been declared. Lenders need to understand your full financial position to assess affordability.

Irregular or inconsistent income

For people with variable income, such as those on commission or freelance work, lenders look for predictability. If income fluctuates widely without a clear pattern, it may prompt further questions. Supporting documents, such as invoices or payslips, can help provide reassurance.

Missed payments Bank Statement Mistakes

Late payments for small items like subscriptions may seem trivial, but they can indicate struggles with day-to-day money management. A single slip is unlikely to cause an issue, but repeated missed payments can weaken a lender’s confidence.

The bigger picture

It is important to remember that no single entry on a statement is judged in isolation. Lenders look at overall stability, consistency, and whether your outgoings appear well managed. Occasional oddities are not unusual. What matters is the general pattern.

How to prepare your statements

You cannot change the past, but you can take sensible steps to present your finances clearly and avoid unnecessary delays. These include:

• Ensuring all bills are paid on time.
• Keeping a buffer in your account where possible.
• Avoiding new borrowing in the months before applying.
• Being ready to explain any irregular transactions.

If you know your income varies from month to month, preparing evidence upfront can make the process smoother.

Why this matters

For many first-time buyers and home movers, the mortgage application process can feel daunting. Bank statements are designed to help lenders check that repayments will be sustainable, not to catch people out. Understanding what lenders look for can make the process far less overwhelming and help your application progress more smoothly.

For more information go to Mortgage – The Finance House

For information on The Finance House go to 503683 – Search Firms – FCA Register

‌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 27^th November 2025. 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.

How New Energy Efficiency Rules Could Affect UK Landlords and Tenants

The Government is preparing major changes to the energy efficiency requirements for rental properties across England and Wales with new Energy Efficiency Rules. These proposals form part of a wider push to make homes warmer, greener, and more affordable to run.

Although the plans are still subject to consultation, landlords and tenants may wish to be aware of what is being considered and how it could shape the rental market over the coming years.

What the Government is proposing with new Energy Efficiency Rules

The central proposal is to raise the minimum Energy Performance Certificate (EPC) rating for privately rented homes. Under the current rules, properties must achieve at least an E rating. The Government is exploring an increase to a stricter C rating for new tenancies from 2028, with all existing tenancies to be included by 2030¹.

This represents a significant shift and could mean substantial upgrades for many rental homes, particularly older properties. The aim is to reduce household energy use, improve warmth and comfort, and support the UK’s long-term environmental targets¹.

A new way of assessing energy performance

Alongside the higher targets, the EPC system is being reviewed. The existing methodology is based on estimated running costs, which can disadvantage homes that use electricity for heating—even when using efficient modern heat pump systems.

A revised system and new Energy Efficiency Rules is expected to look more closely at actual building performance. This may include:

• heating systems and insulation
• heat loss indicators, window performance and draught-proofing
• the impact of new technologies, such as smart meters and home energy monitoring

The intention is to create a more accurate picture of a property’s efficiency.

2030: A challenging target for landlords

If the proposals go ahead, the scale of change required is considerable. Industry analysis suggests a large proportion of rental homes would need improvement works to reach a C rating.

A range of upgrades may be necessary. These could include improving insulation, replacing older windows, or upgrading heating systems. Landlord surveys indicate that many expect to face costs ranging from a few thousand pounds to much more for extensive work².

While the initial investment may be significant, energy-efficient properties tend to have lower running costs and may be more attractive to tenants.

Potential benefits for tenants

Tenants could see longer-term advantages if these rules are introduced. Energy-efficient homes typically benefit from²:

• lower heating bills
• increased comfort during colder months
• fewer issues with damp and condensation

Industry research has suggested that the difference between a lower-rated and higher-rated rental home could amount to hundreds of pounds per year in energy savings.

As energy bills remain a concern for many households, these improvements may offer valuable relief.

What happens next?

The Government’s consultation closed earlier this year. Final decisions, including any spending caps and timelines for implementation, are expected in due course¹.

Once confirmed, landlords will have clarity on what is required and when upgrades must be in place. Many may choose to review their properties in advance so they can plan any necessary work in an organised and cost-effective way.

References:

1. GOV.UK  (2025). Improving the energy performance of privately rented homes: 2025 update. Available at: https://www.gov.uk/government/consultations/improving-the-energy-performance-of-privately-rented-homes-2025-update   [Accessed 25 Nov. 2025].
2. NewsAgent (2025). New EPC Regulations 2025: How to Save your Landlords Thousands. Available at: https://blog.goodlord.co/new-epc-regulations      [Accessed 25 Nov. 2025].
3. For more information go to Mortgage – The Finance House

‌

‌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 27^th November 2025. 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.

Important Warning About Mortgage “Quick Fixes” Circulating Online This Christmas

As the Christmas period approaches and household budgets come under extra pressure, many homeowners start searching for ways to manage their outgoings with Mortgage “Quick Fixes”. Recently, however, the Financial Conduct Authority (FCA) has issued a firm warning about misleading information online that could leave borrowers worse off¹.

A number of websites and social media posts are promoting so-called “promissory notes”, claiming they allow borrowers to avoid making their mortgage payments with Mortgage “Quick Fixes”. These claims may appear convincing at first glance, but they are incorrect and can lead to serious financial consequences¹.

What is a promissory note, and why the FCA is warning against Mortgage “Quick Fixes”?

The documents being sold typically claim that¹:

• a “trust” or third party will take responsibility for your mortgage
• or that the note itself settles the mortgage in full
• or that lenders must legally accept it as payment

The FCA has confirmed that these statements are false. A promissory note is not a recognised method of paying a mortgage, and sending one to a lender does not remove the requirement to make your normal payments¹.

Some people have paid significant sums for these documents, believing they would help, only to find that they hold no value.

Why relying on these claims can cause real harm

Using a promissory note does not pause or settle a mortgage. This means borrowers may unknowingly fall into arrears if they stop making their usual payments. This could¹:

• impact their credit file
• increase the total amount they owe
• reduce future mortgage options
• in the worst cases, place their home at risk

These schemes are often targeted at homeowners who are already under financial pressure, which can make the situation even more difficult.

What you can do if you are concerned about your mortgage payments

If you are worried about upcoming payments, please do not rely on information from unregulated online sources. There are legitimate steps you can take.

1. Contact your lender as soon as possible

Lenders must treat customers in financial difficulty in a fair and considerate way. Depending on the circumstances, they may explore temporary or longer-term options with you. These vary case by case and are not guaranteed.

2. Speak to your mortgage broker

If you would like help understanding the information provided by your lender or would like to discuss your mortgage more generally. While we cannot make decisions for your lender, we can help you understand what certain options may mean for you.

3. Consider free, confidential debt support

If you feel under significant financial strain, reputable organisations can offer guidance on budgeting and debt management. These include:

• Citizens Advice²
• StepChange Debt Charity³
• National Debtline⁴
• MoneyHelper⁵

These services are independent and may help you review your wider financial position.

A final reminder for homeowners

During financial stress, it can be tempting to believe in a simple solution. However, anything claiming to cancel a mortgage instantly or remove the need to make payments should be treated with caution. The FCA has clearly warned that promissory notes do not work and may cause real financial harm¹.

If you have any questions about your mortgage or want help understanding the process, we are here to support you.

References:

1. FCA. (2025). Struggling with your mortgage? Avoid risky offers. Available at: https://www.fca.org.uk/consumers/struggling-mortgage-avoid-risky-offers     [Accessed 25 Nov. 2025].
2. Citizens Advice. (2025). Citizens Advice. Available at: https://www.citizensadvice.org.uk/    [Accessed 25 Nov. 2025].
3. ‌ Stepchange.org. (2025). StepChange Debt Charity. Free Expert Debt Help & Advice. Available at: https://www.stepchange.org/   [Accessed 25 Nov. 2025].
4. Nationaldebtline.org. (2023). Free Debt Advice and Support | National Debtline. Available at: https://nationaldebtline.org/ [Accessed 25 Nov. 2025].
5. MoneyHelper (2025). Free and impartial help with money, backed by the government | Available at: https://www.moneyhelper.org.uk/en [Accessed 25 Nov. 2025].
6. For more information go to Mortgage – The Finance House

‌‌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 27^th November 2025. 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.

Budget 2025

Chancellor Rachel Reeves has delivered her Autumn Budget 2025, the first major fiscal statement of the year for this Labour government. We wanted to provide you with an overview of the most notable announcements made in yesterday’s speech.

Personal taxation Budget 2025

• National Insurance (NI) and income tax thresholds will remain frozen for an additional three years beyond 2028, gradually pushing more people into higher tax brackets.
• The annual cash limit for under-65s using cash ISAs will be restricted to £12,000. The remainder of the £20,000 allowance must be used for investment products.
• Basic and higher income tax rates applied to property, savings and dividend income will rise by two percentage points.

Wages, benefits and pensions Budget 2025

• From April, the cap preventing households on Universal Credit or Child Tax Credit from receiving support for a third or subsequent child will be removed.
• The statutory minimum wage for workers aged 21 and over will rise by 4.1%, from £12.21 to £12.71 an hour.
• The minimum wage for those aged 18 to 20 will increase by 8.5%, from £10 to £10.85 an hour, as part of a move toward a single adult rate.
• The basic state pension and the newer state pension will increase by 4.8% in April, exceeding current inflation, in line with the triple-lock commitment.
• From 2029, employees using salary-sacrifice pension schemes will start paying NI on contributions above £2,000 a year.
• The Help to Save scheme, which offers bonuses to eligible Universal Credit claimants, will be extended and expanded beyond 2027.

Housing and property Budget 2025

• Homes in England valued at more than £2 million will be subject to a council tax surcharge of between £2,500 and £7,500, linked to a revaluation of properties in bands F, G and H.

Transport

• Fuel duty will remain frozen for five months after April, then increase gradually from September 2026.
• A mileage-based tax for electric and plug-in hybrid vehicles will be introduced from 2028.
• Regulated rail fares in England will be frozen next year, marking the first full freeze since 1996 (although some previous rises were below inflation).
• Premium car models will no longer be available through the Motability scheme, which provides cheaper vehicle leases to eligible disability-benefit recipients.

Drinking and smoking

• From 2028, the tax on sugary drinks will be extended to include pre-packaged milkshakes and lattes, reversing the exemption put in place when the levy was first introduced in 2018.

UK growth, inflation and public finances

• The Office for Budget Responsibility expects the UK economy to grow by 1.5% this year, up from its 1% forecast in March.
• Inflation is forecast to average 3.5% this year, fall to 2.5% next year and return to the 2% target in 2027.

Other measures

• English regional mayors will gain the power to introduce a tax on overnight accommodation in hotels and holiday lets, similar to existing or proposed measures in Scotland and Wales.
• The NHS prescription charge in England will remain at £9.90 for another year; prescriptions continue to be free in Scotland, Wales and Northern Ireland.

Source

BBC (2025). Budget 2025 summary: Key points from Rachel Reeves’s speech. BBC News. Available at: https://www.bbc.co.uk/news/articles/cj4w44w42j5o            [Accessed 26 Nov. 2025].

For more information go to Mortgage – The Finance House

‌All the information in this article is correct as of the publish date 27^st November 2025. 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.