Sometimes the grass on the other side can be a lot greener, so use our Switching calculator and see if we have some great savings for you and how much you would pay on a selection of our deals.
If you're on a C&G mortgage deal that's ending soon, if you don't switch to a new deal you'll move onto a variable rate. This will be the Standard Variable Mortgage Rate for all deals applied for before 1 June 2010. To work out what your payments would be on the Standard Variable Mortgage Rate, simply enter your details into the calculator, select a fixed-rate or tracker to compare against, and click Submit.
For deals applied for on or after 1 June 2010, the rate you’ll move onto if you don’t switch to a new deal will be the Homeowner Variable Rate or the Buy-to-Let Variable Rate if it’s a buy-to-let mortgage. You can find out more about the different variable rates here.
The Standard Variable Mortgage Rate only applies when a fixed-rate, tracker, or other special deal comes to its natural end. It's not possible to switch to it at any other time, including if you come off a deal early.
If you’re borrowing more than 75% of your property’s value, then you must take out your mortgage on a repayment basis, not interest-only.