New Year, New Goals - Reviewing Your Mortgage for 2026

As the year draws to a close, many of us start thinking about fresh starts and new goals. It’s also the perfect time to take a closer look at your mortgage.

Whether your current deal is due to end soon, your financial situation has changed, or you simply want to make sure you’re still on the best possible rate, a quick review now could set you up for a stronger 2026.

Why a mortgage review matters

Your mortgage is likely to be your biggest monthly expense, but it’s also one of the easiest areas to forget about once it’s set up. Rates, products and personal circumstances change all the time, so what suited you a year or two ago might not be the best fit now.

A mortgage review doesn’t have to mean making changes straight away. It’s about understanding your position, checking what’s available, and identifying opportunities to save money or make your mortgage work harder for you.

If your fixed rate is ending soon

If your fixed rate is due to end in the next six to twelve months, it’s worth acting early. When your deal finishes, you’ll usually move onto your lender’s standard variable rate, which is often higher than a new fixed or tracker deal.

Starting the process early gives us time to review all the available options and secure a new rate in advance. Some lenders will allow you to lock in a deal several months before your current one ends, so you won’t miss out if rates change in the meantime.

If your circumstances have changed

Life rarely stays still. Perhaps you’ve had a pay rise, started working for yourself, or want to borrow more for home improvements. Maybe you’d like to reduce your payments to free up cash for other goals.

Whatever the reason, reviewing your mortgage can help you make adjustments that support your current lifestyle and long-term plans. It’s all about making sure your mortgage is working for you, not the other way around.

If you want to make overpayments or shorten your term

The start of a new year often inspires people to focus on financial wellbeing. If you’re in a position to make small overpayments, or you want to see how much time and money you could save by shortening your term, I can help you run through the numbers.

Even small adjustments can make a meaningful difference over time, and it’s always better to have a clear picture before making changes.

Planning ahead for 2026

The mortgage market is still finding its balance after a few years of volatility, but there are reasons to be optimistic. Lenders are competing for business, and rates are beginning to stabilise. For homeowners and buyers, that creates opportunities to plan ahead with more confidence.

A simple review now could give you peace of mind going into the new year. It’s a chance to tidy things up, explore your options, and know exactly where you stand.

If you’d like to start 2026 on the right foot, get in touch and we’ll review your mortgage together. I’ll help you find the best way forward so you can move into the new year with clarity and confidence.

Barry, The Mortgage Network - Helping you start the year with a clear plan, confident decisions and a mortgage that works for you.

Your home may be repossessed if you do not keep up repayments on your mortgage.