What is happening with remortgage rates in 2026?
Two-year and five-year fixed remortgage rates are now available from around 3.8-4.8% depending on your LTV - a significant improvement on 2023.
Rates remain higher than the sub-2% deals of 2020-2021, but remortgaging now rather than sitting on SVR (typically 7-8%+) can still save hundreds per month.
Who should remortgage right now?
If your fixed deal ends in the next 6 months, start now. Most lenders let you lock in a rate up to 6 months in advance.
If you are already on SVR, remortgage immediately. If your circumstances have improved - better credit, higher income, lower LTV - you may qualify for significantly better rates.
The London-specific picture
London property values mean small rate changes have a large impact. A 1% rate difference on a 600,000 mortgage saves 500 per month - 6,000 per year.
Prime central London properties often benefit from private bank rates not available on the high street. As an independent broker, we have access to these products.
Roger Cooper
Full CeMAP Qualified Mortgage Adviser | FCA Regulated (Ref 478810)
Roger holds the full Certificate in Mortgage Advice and Practice (CeMAP Parts 1, 2 & 3) and has over 15 years of experience as an independent mortgage adviser. He specialises in complex cases including self-employed applicants, portfolio landlords, expat mortgages, and high-value purchases across Greater London and the Home Counties.
All advice is provided by Roger Cooper, who holds the full CeMAP qualification (Parts 1, 2 & 3) and is regulated by the Financial Conduct Authority (Ref 478810).