Mortgage Market Update: Now could be the time to take action!

- Mon 16 Mar 2026

Recent global events have led to a noticeable shift in the mortgage market, and it’s something both buyers and homeowners should be aware of.

Swap rates — the financial benchmark lenders use to price fixed-rate mortgages — have risen in recent days as markets respond to tensions in the Middle East and the possibility of higher global energy prices. When swap rates move, mortgage pricing can change quickly, and this is often reflected in the rates lenders offer to borrowers.

In fact, several major mortgage lenders have already increased their rates in recent days, affecting both residential and buy-to-let mortgages. When a number of lenders begin adjusting their pricing at the same time, it can often be an early indicator that others may follow.

Earlier this year, financial markets had been expecting the possibility of a Bank of England base rate cut in the coming months. However, with inflation risks potentially increasing due to rising energy costs, that outlook now appears less certain. If lenders believe interest rates may remain higher for longer, mortgage pricing can adjust quickly.

For buyers, sellers and existing homeowners, this highlights the importance of understanding the options currently available.

Checking what mortgage deals are available now simply keeps your options open. If rates continue to rise, securing a deal today could help protect you from further increases. Equally, if mortgage rates stabilise or reduce, many lenders allow applications to be reviewed and switched to a more competitive deal before completion.

In other words, starting the process early doesn’t necessarily lock you into a specific rate — it simply ensures you’re in the best position as the market evolves.

Comment from Andy, Mortgage Business Development Manager at Bradleys

“As the mortgage market continues to shift, the most important thing is that you feel informed, supported and confident about your next steps. At Bradleys, our priority is to make sure every client—whether buying, selling, investing, or reviewing an existing mortgage—has access to clear, up to date guidance.

The recent movement in swap rates and lender pricing highlights just how quickly things can change. Speaking to us now doesn’t commit you to anything; it simply gives you the advantage of understanding the options available today, while keeping the door open to better deals should rates improve.

Our team, together with the expert advisers at Bradleys Financial Management, are here to help you navigate the market with confidence. We’ll take the time to understand your goals, explain your choices in plain language, and make sure you’re in the strongest position possible—whatever direction the market takes next.

If you’re looking for clarity, reassurance, or simply want to explore what’s possible, we’d be delighted to support you. Reach out to your local Bradleys office or our financial services team, and we’ll help you take the next step with confidence.”

Whether you’re considering buying your first home, moving up the property ladder, investing in buy-to-let, or approaching the end of your current mortgage deal, now is a sensible time to review the market.

Our team works closely with experienced mortgage advisers at Bradleys Financial Management who can help you understand the latest products available and guide you through the process.

If you would like to discuss your options, our advisers would be very happy to help. You can speak with your local Bradleys team or contact the experts at Bradleys Financial Management to book a call at a time that suits you.

Mortgage Market Update: Now could be the time to take action!

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