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Story summary
- About 1.8 million fixed-rate mortgage deals in the United Kingdom (UK) will end in 2026, prompting borrowers to seek new loans.
- Borrowers switching from five-year fixed deals may face higher payments, while those on two-year deals may save.
- Interest rates have fluctuated, with cuts expected from the Bank of England.
- Mortgage brokers urge comparing offers and exploring product transfers with existing lenders to save money, as the standard rate averages 7.25%.
