Atherstone & Tamworth Mortgage Update — January 2026
Mortgage rates have started 2026 on a positive note for homeowners across Atherstone, Tamworth, Nuneaton, Hinckley, Sutton Coldfield & Lichfield. With the Bank of England reducing the base rate from 4.0% to 3.75%, lenders have begun lowering fixed‑rate deals — and we’re already seeing this reflected in the market.
Average UK Mortgage Rates — January 2026
- Typical fixed‑rate mortgage: 4.86%
- Average 2‑year fix: 4.81%
- Average 5‑year fix: around 4.00% at 75% LTV
Several major lenders, including HSBC, have already cut rates for both residential buyers and landlords, with more reductions expected as the year progresses.
What This Means for Local Borrowers
- Homeowners coming to the end of their fixed deals may now see better remortgage opportunities than in late 2025.
- First‑time buyers could benefit from improving affordability as rates ease.
- Analysts expect the Bank Rate to move toward 3.25%–3.5% later in the year, which may support further reductions.
Need help choosing between a 2‑year or 5‑year fix?
With rates shifting and lenders already pricing in future cuts, the right choice depends on your plans, risk tolerance, and long‑term goals.
At Halcyon Mortgage Services, we help clients across Atherstone, Tamworth & beyond secure the mortgage deal that truly fits their situation.
📞 Contact Halcyon Mortgage Services
📧 Email: andy@halcyonmortgages.co.uk
📱 Phone: 07488 349759
🌐 Website: https://www.halcyonmortgages.co.uk/
📚 Sources:
- WhatMortgage — “Mortgage rates today: Will they fall further in 2026?”
- Pound Forecast — “Mortgage Rates Forecast 2026”
Your home may be repossessed if you do not keep up repayments on your mortgage.
You may have to pay an early repayment charge to your existing lender if you remortgage.