The hidden threat to the Lloyds share price in 2026
The Lloyds Banking Group (LSE:LLOY) share price seems to keep going higher. But there could be trouble just around the corner.
A lot of UK mortgages that were fixed at low rates in 2021 are set to be refinanced. And while this could be a good thing for the bank, it could also be a big risk.
According to UK Finance, 1.8m fixed rate mortgages are due to come to an end in 2026. That means a lot of borrowers will go from paying around 1% to just under 5%.
A significant number of these are thought to have originated five years ago – when interest rates were much lower. So that means they’re likely to be renewed at higher rates.
On the face of it, that’s a good thing for the likes of…
