Mortgage Advice Plymouth: Interest Rate Forecast for 2026: A Guide for Homeowners and Buyers

As an mortgage broker serving Plymouth and across Devon & Cornwall, Stuart Ash Mortgage Services Ltd is committed to helping you stay ahead of the curve. One of the biggest questions we’re hearing from clients is: “What will happen to interest rates in 2026?”. 

Whether you’re a first-time buyer, remortgaging, or investing in property, understanding the forecast for interest rates can help you make smarter financial decisions.

UK Interest Rate Forecast for 2026

According to the latest projections from Pound Sterling Live, the Bank of England base rate is expected to gradually decline throughout 2026, moving from 3.75% in January to around 2.75% by December. This downward trend reflects easing inflation and a stabilising economy.

Here’s a quick snapshot of the forecast:

• January 2026: 3.75%
• June 2026: 3.25%
• December 2026: 2.75%

This could mean lower mortgage rates, especially for fixed-rate products, making it a potentially favourable time to buy or remortgage.

Why This Matters for homeowners in Plymouth and across Devon & Cornwall?

With interest rates expected to fall, now could be the time to review your mortgage strategy. Whether you’re in Plymouth, Saltash, Tavistock, Torbay, or nearby towns, Stuart Ash Mortgage Services is here to help you:

• Lock in favourable rates before they change
• Explore remortgage options to reduce monthly payments
• Navigate lender criteria with expert guidance

Final Thoughts

Interest rates are influenced by inflation, central bank policy, and global economic trends. While forecasts suggest a gentle decline in 2026, it’s crucial to stay informed and act based on your personal financial goals.

For tailored advice and access to exclusive mortgage deals, contact Stuart Ash Mortgage Services today.

Contact – Stuart Ash – Mortgage Services

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Sources:

• UK Interest Rate Forecast: Pound Sterling Live
• Economic Analysis: Mortgageable UK
• Market Trends: ValidForex

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