Use a broker to lock in a deal now; many services, like those from L&C, allow you to swap to a cheaper deal if rates drop before you complete.
Lenders are currently categorized by their specific strengths to help borrowers match with the best fit for their profile: best remortgage
Following a period of volatility in early March due to geopolitical tensions, major UK lenders like HSBC, Santander , and Halifax have begun cutting rates. Product Type Average Rate Best Starting From ~4.79% (60% LTV) 5-Year Fixed ~4.80% (60% LTV) 2-Year Tracker Base + 0.21% ~3.96% (60% LTV) Data as of late April 2026. Strategic Advice for Remortgagors Use a broker to lock in a deal
If you prefer a or tracker rate? (Fixed for stability, tracker if you think rates will fall further) Strategic Advice for Remortgagors If you prefer a
Experts emphasize that the "best" deal is not just the one with the lowest headline rate but the one with the lowest total cost over the fixed period.
Lowering your LTV (e.g., from 80% to 75% or 60%) can unlock significantly better rates.
💡 Don't assume a "Product Transfer" (staying with your current lender) is the best deal. While convenient, it can cost you significantly more than switching to a new lender.