As we move towards the end of 2025, the property and mortgage market continues to shift. With the Bank of England holding rates steady for now, after multiple reductions — and lenders adjusting their products in anticipation of further changes — many homeowners could benefit from reviewing their mortgage sooner rather than later.

For those approaching the end of a fixed-rate deal or already sitting on a lender’s Standard Variable Rate (SVR), the potential savings from securing a new deal can be significant. Even if your deal still has time left, checking your options now gives you peace of mind and helps you plan ahead.

1. Interest Rates Are Changing 📉

The Bank of England has held its base rate in recent months, but lenders have been quick to update their deals. Some are reducing fixed rates in anticipation of lower borrowing costs ahead, while others remain cautious. If you’re on a variable rate or nearing the end of your fixed term, reviewing now could lock in a more favourable deal.

2. Avoiding the Standard Variable Rate ⚠️

When your fixed or tracker deal ends, your lender will usually move you onto their Standard Variable Rate (SVR). These rates are typically much higher, and even a small difference can add hundreds of pounds a month to your repayments. Reviewing early means you can line up your next deal and avoid falling onto the SVR.

3. Tailored to Your Situation 🏡

Life changes — and so do your mortgage needs. Perhaps your income has increased, you’ve become self-employed, or you’re planning renovations. Reviewing your mortgage ensures your product still fits your lifestyle and future goals. At Mc Daid Mortgages, we look at your whole picture today, not just the circumstances when you first took your loan.

4. Protecting Your Family Alongside Your Mortgage ❤️

A mortgage review isn’t just about your monthly payment. It’s also the right time to check your protection cover. Life insurance, critical illness, and income protection provide peace of mind that your family and home are secure, no matter what happens.

5. Local, Trusted Advice 🤝

With so many lenders and products on the market, it’s hard to know which one is best for you. That’s where a broker makes all the difference. At Mc Daid Mortgages, we’ve been helping clients across the north of Ireland since 1996. We’re proud of our reputation for friendly, professional service and five-star reviews — always on our customers’ side.

✅ Reviewing your mortgage doesn’t have to be complicated — and it could save you money, stress, and time. Whether your deal is ending soon or you just want peace of mind, we’re here to help.

📞 Call us: 07968155176
📍 Visit us: 40, Coneyville, Derry, BT48 8FW
📧 Email us: pat@mcdaidmortgages.co.uk
🌐 Website: www.mcdaidmortgages.com

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.
As with all financial products, terms and conditions apply