With rates stabilising in 2026, many buyers are unsure whether to fix their mortgage or choose a tracker. The right choice depends on risk tolerance, flexibility, and future plans.
How Fixed-Rate Mortgages Work
Fixed rates provide payment certainty but limit flexibility if rates fall.
How Tracker Mortgages Work
Trackers move with the base rate. They can benefit from cuts but expose borrowers to increases.
What Has Changed in 2026
Volatility has reduced, but lenders still price risk carefully.
Which Option Suits Different Buyers
Buyers prioritising certainty often prefer fixed rates. Flexible buyers may consider trackers.