The 2026 Homeowner Check-Up.
Russell Green • February 10, 2026
Four Things Worth Reviewing This Year
Article from our January newsletter
Once you own a home, it is easy to put everything on autopilot.
Your mortgage ticks along, insurance renews automatically, and paperwork stays filed away. But over time, small details can drift out of line with your circumstances, sometimes without you realising.
As we move through 2026, there are a few sensible checks worth making. Not because anything is necessarily wrong, but because life changes, costs move on and reviewing things occasionally can help avoid surprises later.
1. Your Mortgage. Especially If Your Deal Is Ending
If you are on a fixed-rate mortgage, it is worth checking when your current deal comes to an end. Many two-, three- and five-year fixed deals taken out in recent years are due to finish in 2026. When a fixed rate ends, most mortgages revert to the lender’s standard variable rate, which is usually higher and can change over time.
Reviewing your mortgage in advance helps you understand what your options may be and avoids drifting onto a more expensive rate without realising. This is about awareness and timing, not trying to second-guess the market.
A mortgage broker can review a current deal, explain what happens and outlines the options available, regardless of whether any changes are made.
2. Protection. Would Your Household Cope Financially?
Protection is often arranged when a mortgage is first taken out, then left untouched for years.
It is worth asking a simple but important question: if something serious happened to you or a partner, would your household be able to cope financially?
This can include cover such as:
Life insurance, which can help repay a mortgage or support loved ones
Critical illness cover, which can pay out a lump sum if you are diagnosed with a serious condition
Income protection, which can help replace income if you are unable to work due to illness or injury
Changes in income, family circumstances, or mortgage balance can all affect how suitable existing cover remains. Reviewing protection does not mean you need more cover; it simply helps ensure what you have still matches your situation.
Understanding your existing policies and whether they still meet your needs can be done clearly and at a pace that suits you.
3. General Insurance. Is Your Home Properly Protected?
Building insurance is a requirement for most mortgages, but having cover in place does not always mean it is the right cover
Common issues include rebuild costs that have not been updated, contents cover that no longer reflects what you own, or excess levels that would be difficult to afford if you needed to claim
Home insurance is there to protect you from financial shock. Reviewing it from time to time helps ensure it will do its job properly if the unexpected happens.
Many clients find it helpful to look at general insurance alongside their mortgage, particularly if payments or household budgets are changing.
4. The Bigger Picture. How Resilient Is Your Household?
Finally, it is worth stepping back and looking at the wider picture.
Do you have a small buffer for unexpected costs such as repairs or insurance excesses?
Have your household outgoings changed since you last reviewed your finances?
You do not need everything perfectly organised. But understanding where potential pressure points might be, before they become problems, can make a real difference.
In Summary
A homeowner check-up is not about changing things for the sake of it. It is about staying informed.
Mortgages end, protection needs evolve and insurance details can drift over time. Reviewing these areas occasionally helps ensure your arrangements still support you and your household properly.
A mortgage broker could provide information on these areas, explain the available options clearly, and outline the considerations involved in making informed decisions. A review does not automatically mean changing anything; for many people, it simply provides reassurance.
What to do next?
Whether you have a question about your mortgage, protection needs or upcoming changes, Russell Green, our Senior Mortgage Adviser, will be delighted to discuss your personal situation and requirements and can quote you on a choice of suitable options.
How to Contact Us
Russell Green will personally deal with your enquiry.
Tel 01934 442023
Complete a form via our website www.westonmortgagesonline.com
Our initial mortgage consultation is free and with no obligation; should you proceed to an application, there will usually be a fee for mortgage advice. The precise amount of the fee will depend upon your circumstances, but will range from £ 290 to £490, and this will be discussed and agreed with you at the earliest opportunity.
Your home/property may be repossessed if you do not keep up repayments on a mortgage or other debt secured on it.
All the information in this article is correct as of the publish date 29th January 2026. The opinions expressed in this publication are those of the authors. The information provided in this article, including text, graphics and images does not, and is not intended to, substitute advice; instead, all information, content, and materials available in this article are for general informational purposes only. Information in this article may not constitute the most up-to-date legal or other information.
Please be aware that by clicking on to any of the above links you are leaving our website. Please note that neither we nor HL Partnership Limited are responsible for the accuracy of the information contained within the linked site(s) accessible from this p
There have been encouraging signs in the mortgage market recently, with a number of lenders reducing selected mortgage rates.
When the UK experiences a heatwave, most of the attention understandably turns to health, hydration and staying cool. That should always come first. Hot weather can affect everyone, particularly older people, young children, pregnant women and those with underlying health conditions
If you have been keeping an eye on the UK housing market lately, you have probably noticed that the summer property season is playing out a little differently than usual. For anyone looking to buy, sell, or remortgage right now, the landscape is a mix of fresh opportunities and lingering economic calculations. The big headline dominating the market is the Bank of England’s decision to maintain the base interest rate at 3.75% . While a hold was widely anticipated by the City, the Monetary Policy Committee (MPC) split 7-2, highlighting that the battle against inflation isn’t quite a closed chapter yet. For everyday homeowners and buyers, this prolonged "wait-and-see" approach from the central bank creates a unique set of circumstances — particularly here in the South West. The South West Focus: A Buyer’s Oasis or a Seller’s Reality Check? Nationally, June has brought a historic shift. Average asking prices across the UK dipped by 0.6%, marking the sharpest June decline in 14 years. Usually, early summer brings modest price growth, but a surge of available properties has tipped the scales, handing substantial bargaining power back to buyers. In the South West , this regional dynamic is even more pronounced. · The Supply Surge: The region is seeing a high volume of homes on the market. Part of this stems from standard seasonal moves, while another portion is driven by landlords adjusting to the recently implemented Renters' Rights Act by listing properties. · Price Sensitivities: Because the South West historically commands higher average property prices than northern regions, it is naturally more sensitive to elevated borrowing costs. Property experts Savills recently adjusted their 2026 regional outlook, predicting a modest price adjustment of around -2.5% across the South West before a steady, longer-term recovery takes place. · The Reality of Moving: Interestingly, transaction data shows that needs-based buyers (those relocating for family, schools, or work) are still driving healthy activity, notably in hot spots like Plymouth and parts of Devon. However, patience is required: recent data reveals that the South West experiences a slightly higher rate of property fall-throughs (around 65%) compared to the national average, as chains take a bit longer to crystallise under tight lending conditions. What Does the 3.75% Rate Hold Mean for Your Pocket? A rate freeze doesn't mean mortgage rates are completely frozen. In fact, fixed-rate mortgages are largely influenced by "swap rates" (the wholesale cost of borrowing between banks based on future economic forecasts). Because inflation has shown signs of stabilising at 2.8%, swap markets have calmed. We are currently seeing a gentle, steady reduction in fixed-rate deals rather than dramatic drops. The average two-year fixed rate has gently nudged down to around 5.07% from the peaks of last month. Lenders are hungry for business, giving rise to quiet competition, but nobody expects a return to the rock-bottom rates of the last decade. Here is how the current market translates to your specific goals: First-Time Buyers The combination of softer asking prices and a surge in property choice means you have more leverage than first-time buyers have enjoyed in years. Sellers are increasingly treating their asking prices as an "aspirational starting point" rather than a firm baseline. If you have your deposit ready, you have a brilliant window to negotiate. Existing Homeowners Looking to Move If you are upsizing or downsizing within the South West, the key to success right now is pricing realism. If you price your current home competitively to secure a swift sale, you will be in a prime position to negotiate a great discount on your onward purchase. Those Reaching the End of a Fixed Rate If your current mortgage deal expires in the next six months, the worst thing you can do is wait on the sidelines hoping for a massive interest rate cut that may not materialise. Forecasters suggest the base rate will likely remain steady for the near future, with any potential cuts pushed well into next year. Securing a rate early is a smart way to lock in certainty. Take Your Next Step with Confidence Whether you are trying to map out a first-time purchase in Somerset, remortgage a family home in Bristol, or navigate a chain down in Devon, local expertise matters more than ever when the economic tides are shifting. Regardless of your current situation, please get in contact with Russell Green; he will be delighted to help you. How to Contact Us Russell Green will personally deal with your enquiry. T el 01934 442023 Email russell@westonmortgagesonline.com Complete a form via our website www.westonmortgagesonline.com Our initial mortgage consultation is free and with no obligation; should you proceed to an application, there will usually be a fee for mortgage advice. The precise amount of the fee will depend upon your circumstances, but will range from £ 290 to £490, and this will be discussed and agreed with you at the earliest opportunity. Your home/property may be repossessed if you do not keep up repayments on a mortgage or other debt secured on it.
For many homeowners, the mortgage is the largest monthly bill they pay. Yet it is also one of the financial products most likely to be left until the last minute.
That can be costly.
If you are thinking about selling your home this summer, the market may look encouraging at first glance.
Asking prices have been holding up, homes are still selling, and many buyers remain active. But look a little closer, and the picture becomes more complicated.
As spring arrives, many people start thinking about making changes to their home. Longer days and better weather can make it a natural time to plan improvements, whether that means building an extension, converting a loft, replacing a kitchen, upgrading a bathroom, improving energy efficiency or making the home more su
If you are a landlord, this spring is an important time to get up to date with the changes coming to the private rented sector in England.
From 1 May 2026, the first phase of the Renters’ Rights Act reforms will begin. Government guidance says these changes include the end of Section 21 ‘no-fault’ evictions, alongside
The mortgage journey is often cited as one of the most stressful experiences in adult life. Whether you are a first-time buyer or looking to remortgage a family home, the difference between a smooth transition and a logistical nightmare usually comes down to one person: your mortgage advisor.
In early March, lenders were reducing fixed mortgage rates as sentiment around interest rates improved. However, the escalating conflict involving Iran has pushed oil and gas prices higher, increasing inflation risk and affecting the UK interest rate outlook.
If your current mortgage deal is coming to an end, you’ve likely started hearing the words "remortgage" and "product transfer" thrown around. In today’s shifting economic climate, making sure you are on the best possible mortgage rate is more important than ever.