Last reviewed on 17th October 2023 by Martin Alexander (Mortgage Advisor)
Once your initial rate ends, your mortgage rate will automatically change to a standard variable rate (SVR), which can be very expensive. Switching to another deal could cost you much less. Use our remortgage calculator to check whether switching to a new deal is worthwhile.
- Remortgage fees explained
- How to remortgage with an early repayment charge
- How to get a remortgage quote
- Compare remortgage deals
About the author
Martin is a senior mortgage advisor and has held a CeMAP qualification for over 15 years while also completing an MBA in Global Banking & Finance.