Halcyon Mortgage Services Atherstone, Tamworth & Surrounding Areas
Over 1.8 million UK borrowers will see their fixed‑rate mortgage deals end this year — and many homeowners across Atherstone, Tamworth and beyond are already reviewing their options.
If you fixed your mortgage five years ago, you may be facing a significant jump in monthly payments. Many borrowers secured rates as low as 1.4% in 2020, and with today’s higher interest rates, some households could see increases of up to £300 per month.
Despite this, there have been some positive signs. Over the summer, several lenders reduced their rates as they competed for remortgage business during a quieter housing market. In July alone, there were 41,800 remortgage approvals — the highest level since October 2022.
🧭 Unsure What to Do Next? Get Expert Mortgage Advice
When your mortgage deal is ending, it’s not always clear which route to take. A new fixed rate isn’t your only option — tracker mortgages, discounted rates, and standard variable rates may also suit your circumstances depending on your goals and risk appetite.
At Halcyon Mortgage Services, we help clients across Atherstone, Tamworth, Nuneaton, Hinckley and the wider Midlands understand their choices and secure the most suitable mortgage deal for their situation.
Whether you’re remortgaging, moving home, or simply want to explore your options, professional advice can give you clarity and confidence during uncertain economic times.
⚠️ Important Information
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.
Sources:
UK Mortgage Rates Set for 4-4.5% in 2026 as 1.8M Fixed Deals Expire — PropMatch Investor Analysis