Remortgages & Product Transfers
Don't drift onto your lender's standard variable rate. We review the whole market, including your current lender's offers, about six months before your deal ends.
Start six months early
Most lenders let you lock in a rate up to six months ahead. If rates fall before your deal ends, we can usually switch you to the lower one.
Compare both routes
We compare a product transfer with your current lender against remortgaging elsewhere, including fees and any free legal or valuation offers.
We handle the paperwork
From the application to the lender and solicitor, we keep things moving and tell you what is happening at each step.
Fixed rate ending checker
See how much your payments could rise if you move onto the standard variable rate, and when you can start lining up your next deal.
It's on your mortgage offer or annual statement.
Your lender's standard variable rate. Defaults to the UK average (6.58%, Bank of England).
Lets us show typical rates for your loan-to-value.
Your deal ends in
7 months
Most lenders let you secure a new rate up to six months ahead: from around 15 January 2027.
You pay now
£1,238
a month
On 6.58% revert rate
£1,501
a month
Extra if you do nothing
£3,145
a year (£262 a month)
Want a reminder?
This is an illustration for general information only. It is not financial, tax or legal advice and does not take your personal circumstances into account. Payments assume a repayment mortgage and the same rate for the rest of the term. Your home may be repossessed if you do not keep up repayments on your mortgage.
What are mortgage rates doing?
Average rates offered by UK lenders, published monthly by the Bank of England. Lower loan-to-values usually get lower rates.
Average rates over the last two years
October 2026
Average rates offered by UK lenders
| Type | Rate | Year ago |
|---|---|---|
| Bank Rate | 3.75% | 4.00% |
| 2-year fixed, 60% LTV | 5.25% | 4.03% |
| 2-year fixed, 75% LTV | 5.39% | 4.20% |
| 2-year fixed, 85% LTV | 5.47% | 4.31% |
| 2-year fixed, 90% LTV | 5.60% | 4.57% |
| 2-year fixed, 95% LTV | 5.88% | 5.00% |
| 5-year fixed, 75% LTV | 5.19% | 4.17% |
| 5-year fixed, 95% LTV | 5.77% | 4.88% |
| Standard variable (revert-to) rate | 6.58% | 6.81% |
Source: Bank of England, monthly averages of quoted rates across UK banks and building societies, before fees. They're a guide to the market, not offers; the rates available to you depend on your circumstances and the property.
Is it worth paying an early repayment charge?
If you're on a high rate with time left on your deal, switching early can sometimes save money even after the charge. Compare the two.
From your mortgage offer
Switching now, over the rest of your current deal
Costs about £5,177
On these figures, it is probably better to wait until the charge ends or reduces, and line up a new deal in the meantime.
Early repayment charge
£6,000
New deal fees
£999
Interest saved
£1,822
over 18 months
This is an illustration for general information only. It is not financial, tax or legal advice and does not take your personal circumstances into account. This compares interest only over the months left on your current deal; the new deal may run longer, and charges often step down each year. Check your offer for the exact charge, and whether you can port your deal or overpay up to an allowance instead.
Common questions
When should I start looking at a new deal? +
Around six months before your current deal ends. Most lenders let you secure a new rate that far ahead, and if rates fall before your deal ends, you can usually still switch to a better one.
What is the difference between a product transfer and a remortgage? +
A product transfer is a new deal with your existing lender. It is usually quick, with little paperwork and no legal work. A remortgage moves you to a new lender, which can sometimes get a better rate or let you borrow more, but takes longer and involves a valuation and legal work (often free on remortgage deals). We compare both.
Can I borrow more when I remortgage? +
Often, yes, for things like home improvements or consolidating other borrowing, subject to the lender's affordability checks and the property value. Consolidating unsecured debts into a mortgage can mean paying more interest overall because it is spread over a longer term.
What happens if I do nothing? +
Most mortgages move to the lender's standard variable rate when the deal ends. It is usually much higher than deal rates, so your payments can rise significantly. You can normally switch away from it without an early repayment charge.
Do you charge a fee for remortgage advice? +
There is normally no fee for our mortgage advice. We are paid a commission by the lender when a mortgage completes, and we will always tell you how we are paid before you go ahead.
Want us to review your mortgage?
We search the whole market, explain your options in plain English, and there is normally no fee for our mortgage advice.