Mellow FinancialMortgage insights.
Plain-English mortgage and protection insights from Philip and the team, to help you make sense of the market.
Should I Secure a Mortgage Rate Now? What Rising Rates Mean for You
In four weeks, the best two-year fixed mortgage rate in the UK has gone from 4.32% to around 4.93%. That’s not a forecast. That’s already happened. And the next Bank of England…
Fix or Track? Why the Cheapest Mortgage Rate Right Now Isn't a Fixed Rate
The lowest mortgage rate available in the UK today is a tracker at 3.99%. Every fixed rate on the market is more expensive. That doesn't happen often. And it's changed the question…
Fixed Rate Ending in 2026? Don't Drift Onto Your Lender's SVR
1.8 million. That's roughly how many UK households will watch their fixed mortgage deal end this year. If yours is one of them, the next move you make matters more than you…
Is Now the Right Time to Buy?
"Is now a good time to buy?" It's the question I'm asked more than any other. And it's almost always followed by, "I think I'll wait until things settle down." I understand…
How Long Do I Need to Be in My Job Before Getting a Mortgage?
It's one of the most common worries we hear at Mellow Financial, especially from first-time buyers: “I've only just started my job — surely no lender will touch me?” The good news…
What's Stopping You From Getting a Mortgage?
If buying a home has been on your mind but something's been holding you back, chances are it's one of three things: the deposit, affordability, or your credit history. These are the…
Four rate cuts. One lender. One month.
The Bank of England hasn’t moved — so why are mortgages getting cheaper? Nationwide has just cut its mortgage rates for the fourth time in a month . NatWest, Santander, TSB, Barclays…
How Long Does It Take From Mortgage Application to Completion for First-Time Buyers in the UK?
Buying your first home is exciting, but it can also feel overwhelming, especially when you’re trying to understand how long the journey really takes. One of the most common questions first-time buyers…
First Time Buying
Stepping onto the property ladder for the first time is both an exciting and daunting prospect, filled with a mixture of anticipation and trepidation. Navigating the UK mortgage landscape may seem complex,…
Should you make overpayments on your mortgage?
While it's not a step everyone can take, making additional payments on your mortgage is one of the most effective ways to take control of your finances and get closer to owning…
A Look at Fixed Rate Predictions for the Rest of 2025 and into 2026
Rate trends and predictions Here's an update on the current state of the UK mortgage market and what we might expect for fixed rates in the near future. Understanding the factors at…
Why You Shouldn’t Be Afraid to Book a Call With a Mortgage Adviser
If you're thinking about buying your first home, remortgaging, or you're worried about your credit history, the idea of speaking to a mortgage adviser might feel a little intimidating. You might be…
Navigating the Recent Base Rate Shift: What it Means for Your Mortgage
This month, we're focusing on the recent Bank of England base rate reduction we saw in February, and how it's starting to ripple through the mortgage market. Understanding these changes is crucial…
A Cautious Start to the Year for the UK Housing Market
As we settle into 2025, it's a good time to reflect on the past month and look ahead at what the mortgage market might hold. January is traditionally a quieter month for…