Remortgaging in 2026 – Why a Softening Market Could Create Opportunity

With signs that the mortgage market is beginning to stabilise and soften as we move into 2026, many homeowners are starting to reassess their current deals. After several years of rising interest rates and economic uncertainty, a more balanced lending environment could create valuable opportunities for borrowers who are prepared to act.

For anyone coming to the end of a fixed-rate deal, remortgaging could be a particularly smart move. When rates were climbing, many homeowners felt locked into uncompetitive deals or forced to accept higher monthly payments. As competition between lenders increases and pricing becomes more flexible, new products may start to appear that offer better value and greater choice.

Remortgaging is not just about chasing the lowest interest rate. It can also be used as a way to reduce monthly payments, consolidate existing debts, release equity for home improvements, or secure a more suitable deal based on changes in income or circumstances. However, navigating the mortgage market can be complex, especially when product ranges, criteria, and affordability checks vary widely between lenders.

This is where professional mortgage advice becomes invaluable. Clear Finance works with a wide panel of lenders to identify competitive remortgage options tailored to individual needs. Rather than relying on headline rates or online calculators, the team takes a detailed look at your current mortgage, property value, financial position, and long-term goals.

Another key advantage of seeking advice early is preparation. Many lenders allow borrowers to secure a new rate several months in advance of their current deal ending. This can help protect against unexpected market shifts and give peace of mind that a suitable option is already in place.

With the outlook for 2026 appearing more positive for borrowers, now is an ideal time to review your mortgage position. A well-timed remortgage could lead to meaningful savings, improved flexibility, and a stronger financial footing for the years ahead.

For more information about our Financial Services and products in Doncaster call 01302 835938

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How Much Can I Borrow for a Mortgage?

One of the most common questions we hear from buyers is: “How much can I borrow for a mortgage?”
It’s a great question, and an important one, as it helps shape what properties may be within reach and how confidently you can move forward.

While online calculators can give a rough idea, the true answer depends on several key factors.

Income and Affordability

Most lenders will look at your income first. This usually includes your basic salary, and in some cases bonuses, overtime, or commission. As a general guide, lenders may offer around four to five times your annual income, but affordability checks go much deeper than this.

Your Outgoings

Lenders will assess your regular commitments, such as credit cards, loans, car finance, childcare costs, and household bills. These expenses help determine how much you can comfortably afford each month, not just what you can borrow on paper.

Credit History

Your credit history plays an important role. A strong credit record can improve your borrowing potential, while missed payments or existing debt may affect the amount offered,  though this doesn’t always mean borrowing isn’t possible.

Deposit Size

The size of your deposit can also make a difference. A larger deposit may open the door to better rates and more flexible lending options, which can impact how much you’re able to borrow.

Interest Rates and Lender Criteria

Every lender has different criteria, and interest rates can influence affordability calculations. That’s why speaking to an advisor who understands the market is so valuable.

At Clear Finance, our mortgage advisors take the time to review your full situation and explain your options clearly. We’ll help you understand what’s realistic, what lenders are looking for, and how to put yourself in the best possible position.

If you’re wondering how much you could borrow, or have a question you’d like answered, give our team a call and we’ll do our best to help.

For more information about our Financial Services and products in Doncaster call 01302 835938

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Helping First-Time Buyers Take Their First Step with Confidence

Buying your first home is an exciting milestone, but for many first-time buyers it can also feel daunting. From understanding deposits and mortgages to navigating applications and approvals, it’s not always clear where to begin.

At Clear Finance, we specialise in helping first-time buyers make sense of the process. Our friendly team of mortgage advisors is here to guide you from your very first conversation right through to completion, ensuring you understand your options and feel confident at every stage.

We know that no two buyers are the same. Whether you’re purchasing your dream home, stepping onto the property ladder for the first time, or dealing with more complex circumstances, we take the time to understand your situation and tailor our advice accordingly.

Our approach is built on clarity and support. We provide honest, straightforward mortgage advice, explain everything in plain English, and help you explore a range of options to find a solution that truly suits you. There’s no jargon and no pressure, just clear guidance you can trust.

Buying your first home doesn’t have to be overwhelming. With the right support and advice, it can be an exciting and rewarding experience. If you’re a first-time buyer and unsure where to start, the Clear Finance team is here to help you take that first step with confidence.

For more information about our Financial Services and products in Doncaster call 01302 835938

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Unlocking Your Home: How the Right Mortgage Can Make All the Difference

Buying a home is not just about finding four walls and a roof,  it’s about finding a place where your future can unfold, where memories are made and where you feel secure. At Clear Finance in Doncaster, we understand that choosing the right mortgage is about more than simply interest rates; it’s about matching your ambitions, your lifestyle, and your long-term plans.

Understanding your needs

Whether you’re a first-time buyer stepping onto the ladder, looking to move up, remortgage, or invest in a buy-to-let property, each scenario comes with its own considerations. What matters most is understanding not just the monthly payment, but the wider financial implications: how your income might change, how long you plan to stay in the property, whether you might need flexibility, or if you’re considering self-employment or variable income. Clear Finance offers a whole-of-market approach (we are not tied to just one lender) and can guide you through every variation of mortgage — from standard residential, to self-employed, to buy-to-let and more.

Interest rates, terms and future-proofing

A crucial part of any mortgage decision is choosing the right term and interest structure. Do you lock in for a fixed period? Do you go variable and risk rate fluctuation? Are you planning for overpayments or early repayment? At Clear Finance, we work with you to assess your capacity not just today, but tomorrow,  ensuring that your mortgage remains sustainable, even if circumstances change.

Beyond the mortgage: Hidden costs and protection

Often the focus is on the headline rate, but what about the other costs? Valuation fees, legal fees, insurance requirements and ongoing costs (maintenance, utilities, council tax) are all part of the home ownership journey. Moreover, protection against unforeseen events (job loss, illness, life changes) is critical to safeguarding your investment. That’s why Clear Finance combines mortgage advice with broader financial planning, helping you to protect the asset you’re buying as well as your wider financial wellbeing.

Why choose Clear Finance in Doncaster?

  • Over 100 years combined experience in the financial services industry.

  • Independent advice: whole-of-market solutions tailored to your needs.

  • Local service: based in Doncaster (6 South Parade, DN1 2DY) so we understand the local market, lenders and context.

  • A friendly, face-to-face approach which retains clients through trust and quality. Find IFAs & Advisers

Take the next step

If you’re ready to explore your mortgage options, understand your borrowing capacity, or simply get a clearer picture of what you can afford, we’re here to help. Contact Clear Finance today on 01302 835938 (or email via our website) and we’ll guide you through the process, step by step. Let us help you unlock the door to your future.

For more information about our Financial Services and products in Doncaster call 01302 835938

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Fresh Mortgage Products & Some Light at the End of the Tunnel

The UK mortgage market has been through a rough patch lately, with high interest rates, tightening affordability, and sometimes confusing lending criteria. But there are signals now that things might be starting to shift. For borrowers, that could mean some new product options and slightly more breathing space. Let’s take a look at what’s emerging, what’s improving, and what to watch out for.

What’s New / Emerging

  • Permanent Mortgage Guarantee Scheme (5% deposit)
    As of mid-2025, the government launched a permanent Mortgage Guarantee Scheme. This is designed to keep 91–95% loan-to-value (LTV) mortgages on the table by offering lenders a government-backed guarantee. In practical terms, that means eligible first-time buyers and home movers may purchase a home with just a 5% deposit. GOV.UK

  • Sub-4% Fixed Rates Returning
    Some lenders are edging below the 4% mark again for fixed-rate deals, particularly at lower LTVs. For people with a solid deposit and good credit, this might open up more attractive options than we’ve seen in recent periods.

  • Increased House Purchase & Remortgage Activity Forecast
    Analysts anticipate steady growth in both house purchase and remortgage lending as affordability gradually improves. That suggests lenders are expecting more demand and potentially more competitive product offerings.

Why This Is Good News

These developments suggest a few positive trends:

  • Lower Deposit Barrier: The Mortgage Guarantee Scheme reduces one of the biggest hurdles for many people — raising a large deposit. A 5% deposit is much more accessible for many first-time or low-to-mid income buyers.

  • More Competition Among Lenders: As more lenders start offering rates below 4% (for appropriate borrowers), this can push down costs, or at least improve options. It means those who qualify may find better deals.

  • More Certainty/Options in the Market: Forecasts of increased lending and remortgage activity mean that market sentiment is slowly improving. While it may still be cautious, it’s a move away from the sharp squeezes of the past couple of years.

What Borrowers Should Keep in Mind

While there’s light, it’s not all clear skies. Here are things to watch and plan for:

  1. Check Total Costs: A low rate is great, but fees, closing costs, or deferred interest (in some products) can erode the benefit. Always look beyond just the headline rate.

  2. Deposit & Loan-to-Value: Typically, the better deals (rate-wise) are still reserved for those with larger deposits, good credit scores, etc. If you’re borrowing at higher LTVs, expect higher rates or tighter conditions.

  3. Affordability: Just because rates have eased slightly doesn’t mean everyone can afford them comfortably. Make sure stress tests (e.g. rate rising) are part of your planning.

  4. Government Schemes Have Conditions: Guarantee schemes come with eligibility rules. Not everyone qualifies, and sometimes there are restrictions. Read the fine print.

Clear Finance’s Take

If you’re in the position to explore a mortgage now, there’s reason to be cautiously optimistic. For those who have a decent deposit, good credit, or are ready to move or remortgage soon, some of these new products may offer favourable terms you didn’t see six months ago.

If you’re not quite there yet, it might make sense to use this period to get your finances in stronger shape: improve credit score, save more deposit, reduce debt. That way you’ll be ready to act when a good product comes along.

Want us to look over your circumstances and see which mortgage products might be possible for you? We can compare what’s available and what might be emerging soon, to help you make the best decision.

For more information about our Financial Services and products in Doncaster call 01302 835938

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Why You Should Chat with a Mortgage Broker Now (Yes, Even After the Rate Cut)

On 7 August 2025, the Bank of England trimmed the Bank Rate from 4.25% to 4.00%, its fifth cut in a little over a year.

As a result, two-year fixed mortgage rates have fallen to around 5%, dipping below five-year deals for the first time since 2022 . In fact, some brokers are already offering two-year fixes below 3.8%. Meanwhile, owners with tracker mortgages; who tie repayments to the Bank Rate, are also set to see immediate savings each month.

Why This Matters—and Why You Should Talk to Clear Finance

1. Stay in Tune with the Best Deals

A mortgage broker can access a wide range of lenders and deals, some of which aren’t advertised publicly. That means they can spot sharp two-year fixes under 3.8% or niche offers that might suit your situation better.

2. Save Time—and Future Headaches

Finding the right mortgage isn’t just about the rate. Brokers handle the paperwork, liaise with lenders, and guide you through the complexities, especially handy if you’re juggling multiple options or have a unique financial profile.

3. Tailored Advice in a Shifting Market

With rates fluctuating and lenders adjusting offers daily, a broker helps you decide whether to fix now or ride variable rates, without getting lost in confusing jargon or “what-ifs.”

4. Remortgaging? Don’t Miss It

Nearly a third of UK homeowners are remortgaging in 2025—and many are seeing sharp increases when their deals end. Acting early (around six months in advance) helps you switch before lender SVRs, currently averaging around 7.4%—kick in,

How a Broker Makes Building Your Financial Strategy Smoother

Scenario Why a Broker Helps
Looking for a great rate Brokers spot deep sub-4% deals early.
Remortgaging soon Avoid costly SVRs; lock in competitive offers early.
Your situation is unique Better lender match through whole-market access.
You want clarity & support Brokers guide you from AIP to completion.

What You Can Do Next

  1. Reach out to us now—Clear Finance assess your needs and find the best mortgage fit.

  2. Let’s talk timing—whether you’re remortgaging soon or just starting your search, we’ll plan a smart move.

  3. Ask away—fixed vs. tracker, overpayment options, rate locks, don’t-be-surprised clauses—we’ve got answers ready.

Final Thoughts

Yes, the base rate has dropped, and that’s good news. But timing and strategy still matter. A broker isn’t just about saving money—it’s about securing the right plan for you, with clarity and care.

We’d love to chat and help you seize the best of this rate cut—so you can move forward smart, confident, and supported.

For more information about our Financial Services and products in Doncaster call 01302 835938

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Interest Rates Are Falling!

There’s a welcome shift in the property market—the Bank of England has officially cut interest rates, and we’re now seeing some of the most competitive mortgage deals in years. Read More>> 

For months, both prospective buyers and current homeowners have been watching and waiting as borrowing costs soared. But now, that wait may finally be over.

What Does This Mean for You?

  • New homebuyers: This is a golden opportunity to enter the market with lower monthly repayments and more attractive mortgage terms.

  • Current homeowners: Thinking of remortgaging or moving? Now could be the perfect time to lock in a new deal at a much lower rate.

  • Investors: More favourable borrowing conditions can improve ROI and cash flow on rental properties.

Sub-4% Mortgage Products Are Back

Many lenders are already responding to the Bank of England’s rate cut by releasing mortgage products with rates below 4%—levels we haven’t seen in quite some time. These offers won’t last forever, especially if demand spikes.

Don’t Miss Out

If you’ve been on the fence about buying, remortgaging, or investing, this rate drop could be the opportunity you’ve been waiting for.

Whether you’re a first-time buyer, planning to move, or looking to reduce your current mortgage payments—now’s the time to explore your options.

For more information about our Financial Services and products in Doncaster call 01302 835938

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Your Local Financial Partner – Clear Finance Doncaster

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When it comes to managing your finances, making the right choices can feel overwhelming. Whether you’re buying your first home, looking to refinance, or planning for the future, having expert guidance makes all the difference. That’s where Clear Finance Doncaster comes in – your trusted local finance specialists.

Who We Are

Clear Finance isn’t your average finance company. Based right here in Doncaster, we understand the local market and the unique financial needs of our community. Our mission is simple: to make finance clear, straightforward, and tailored to you.

With years of experience and a dedicated team of advisors, we help individuals, families, and businesses navigate their financial journey with confidence.

Why Choose Clear Finance?

  • Local Expertise: We know Doncaster – its people, its property market, and its potential.

  • Straight Talk: No jargon, no confusion. Just honest advice and clear solutions.

  • Personalised Service: We take the time to understand your goals and work with you to achieve them.

  • Hassle-Free Process: From application to approval, we make it simple.

For more information about our Financial Services and products in Doncaster call 01302 835938

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Mortgage Rate Drop in May – What It Means for You

Great news for homeowners and homebuyers in Doncaster: a mortgage rate drop is on the horizon this May – and it could be the perfect time to act.

At Clear Finance Doncaster, we’re keeping a close eye on the market so you don’t have to. Here’s what the rate change means, and how it could benefit you.

📉 What’s Happening?

The Bank of England is expected to lower the cash rate in May – and that usually means mortgage lenders follow suit, and some have already stated! With rates likely to dip, borrowing is about to become more affordable for many .

Whether you’re already paying off a home loan or thinking about getting onto the property ladder, this is a prime opportunity to reassess your options.

🏡 What Does This Mean for Homeowners?

If you’re currently paying off a mortgage, a rate drop could mean:

  • Lower monthly repayments

  • Potential to pay off your loan faster

  • More breathing room in your budget

But not all lenders pass on the full rate cut and you will not see the benefit if you are in a fixed rate deal– so it’s important to review your current mortgage and see if you’re still getting the best deal.

For more information about our Financial Services and products in Doncaster call 01302 835938

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Why is Mortgage Protection Essential?

Your home is more than just a building; it’s where memories are made, and families grow. Protecting it should be a priority. Mortgage protection insurance ensures that your loved ones won’t face financial hardship if the unexpected happens.

1. Provides Financial Security for Your Family

If the worst happens, your family won’t have to worry about losing their home. A mortgage protection policy ensures that your loved ones can continue living in their home without the added burden of mortgage payments.

2. Peace of Mind

Life is unpredictable, and financial struggles can arise unexpectedly. Mortgage protection gives you confidence that your home and family are financially secure, no matter what happens.

3. Helps Maintain Your Credit Score

If mortgage payments are missed due to financial hardship, it can negatively impact your credit score. With mortgage protection, you won’t have to worry about falling behind on payments.

4. Affordable and Customisable Coverage

Mortgage protection insurance is often more affordable than many people assume. Policies can be tailored to suit your specific needs, whether you need coverage for a set number of years, a lump sum payout, or decreasing cover that reduces as your mortgage balance lowers.

5. Protects Against Illness or Loss of Income

Some mortgage protection policies include coverage for critical illness or job loss, providing much-needed financial support when you need it most.

For more information about our Financial Services and products in Doncaster call 01302 835938

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 Clear Finance  | 6 South Parade, Doncaster, South Yorkshire, DN1 2DY
Phone: 01302 835938 | Email: [email protected]
FCA : 482616

Clear Finance  authorised and regulated by the Financial Conduct Authority under FRN 482616. 6 South Parade, Doncaster, South Yorkshire, DN1 2DY. Clear Finance  are a credit broker and not a lender. We offer credit facilities from a panel of lenders.

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