Mortgage deals are disappearing fast… They’re now lasting just 8 days on average which is the shortest we’ve ever seen. And lenders have pulled over 1,200 products in a month. At the same time, rates have jumped again: - 2-year fixes up to around 5.8% - 5-year fixes now around 5.7% So what’s actually going on? Lenders are reacting to uncertainty 👉🏼 especially around inflation and global events. That’s led to: - deals being pulled quickly - rates being repriced higher - fewer options, especially for low deposits What this means for you: ➡️ If you’re buying or refinancing: You can’t afford to “wait and see” for too long - good deals aren’t sticking around. ➡️ If your deal is ending soon: Start planning early. The gap between then and now could be thousands a year. ➡️ If you’re investing: The opportunity is still there but structure matters more than ever. This isn’t a market to panic in. But it is a market where being proactive makes a real difference.

Posted by Rob Peters at 2026-04-27 05:53:12 UTC