The results of the election certainly left the mortgage market … well exactly where it was before the election, but with the added bonus that everyone feels we were in a period of stability.
So much so that with renewed confidence that interest rates will remain low for some time, more and more borrowers don’t want to lock into inflexible long-term deals. Lenders are responding with new competitive variable-rate products, which are proving more and more popular.
TSB are currently leading the way, offering 2 year tracker rates as low as 1.09% (tracking at 0.59% above the 0.5% base rate).
The bank who recently sold to Spain’s Sabadell Bank have also expanded their buy to let range and are currently offering five year fixed rates at an incredible 3.49% for borrowers with a40% deposit!
I think it is safe to say that whatever your politics, the returning government has certainly brought with them confidence in the mortgage market. Long may the rate war continue!
Recent posts
UK Housing Market Round-Up: 2025
3 days ago
Property search site Zoopla has estimated that the UK housing market will end 2025 with approximately 1.15 million completed sales – 4.5% more than the previous year.
Take a look at the 2025 summary of the UK housing market.
Best UK Mortgage Rates this Week
3 days ago
Here are the lowest fixed mortgage rates of the week, available to first-time buyers, home movers, buy-to-let, and those remortgaging.
Call us for more information: 01628 507477 or email: team@mortgagerequired.com.
Buying in the New Year
4 days ago
If buying your first property, or moving home, is on your to-do list this year, the new year can be a great time to take this big step. In this short blog, we look at what you need to consider as you plan and prepare for your home-buying journey.
Just because the Bank of England decides to reduce the base rate, this doesn't automatically mean that your mortgage rate will go down.
Autumn Budget 2025: A Summary
26 Nov 2025
Chancellor, Rachel Reeves, has delivered the Autumn 2025 budget. We have summarised the government's plans for tax and spending.
Renters' Rights Act
14 Nov 2025
The Renter’s Rights Bill became law at the end of October, which means it has been signed off by the King, and it is now the Renters’ Rights Act. Despite this becoming law, these changes are likely to start changing within the next six months, with the aim of being fully implemented throughout 2026 and into 2027.
A welcome change in school is coming as financial literacy is due to become compulsory in schools in England.
The Government has announced that as part of the new national curriculum, children in primary and secondary education will be required to learn about budgeting, compound interest, managing money, and mortgages.
The top 10 most beautiful villages in the world
24 Oct 2025
Forbes has published a global ranking of stunning locations and one popular picturesque corner of the UK has nabbed top spot.
More information
Trusted by
