Take control of your mortgage

Mortgage Rate Switching. Simplified.

Start saving now

RateSwitchWoodenHouse2
#Barclays (Woolwich)
#Halifax
#HSBC
#Lloyds Bank
#Nationwide Building Society
NatWest AHB Blueberry

Calling all Standard Variable Rate (SVR) mortgage borrowers

At RateSwitch, we help you reduce your monthly mortgage payments with ease

Start Now

FAQs

How can RateSwitch help me save money?

RateSwitch is a free online tool that uses a simple three-step process to help homeowners reduce their monthly mortgage payments with minimal hassle. It does this by finding competitive retention/loyalty deals from the UK’s leading mortgage lenders, so you don’t have to.

All you have to do is tell us who your current lender is, your current mortgage balance and estimated property value – and we will provide you with the best deals available.

Is switching rates the same as ‘remortgaging’?

No.

Remortgaging is the process of switching your mortgage from one lender to another, usually to achieve a better deal.

Switching rates with your current mortgage lender to save money can be a much easier process, and borrowers who are currently paying Standard Variable Rate (SVR) can look to switch immediately without incurring an Early Repayment Charge (ERC).

Am I eligible to switch rates with my current lender?

Switching rates is typically an uncomplicated process, because mortgage lenders generally allow their existing customers to switch to a retention/loyalty deal without applying a credit check or full affordability assessment.

Acceptance is primarily based on existing customers meeting their current mortgage lender’s standard eligibility criteria; a lending decision only comes into play when a borrower is looking to make a specific contract change.

Calling all Standard Variable Rate (SVR) mortgage borrowers

At RateSwitch, we help you reduce your monthly mortgage payments with ease

Start Now

Latest from our blog

FCA 29 Jul
9074-shutterstock_156007289

Mortgage prisoners ‘being failed by lenders & regulator’

A recent report from the AMI has shown that the FCA has gone on record…

See More
Business 22 Jul
equifax-1024x545

Equifax release First Time Buyers infographic

Equifax together with What Mortgage Magazine conducted a survey of first-time buyers to gain an…

See More
Business 22 Jun
High-Court-HighCourt-700x450

Landlords win legal battle over West Brom rate rise

West Bromwich Building Society has lost an Appeal Court battle over whether it was right…

See More

What our customers say...

”I was on Standard Variable Rate with Halifax for 3 years. I contacted RateSwitch and spoke with Matt, who explained how I could save money on my repayments. It was simple and easy to use – I gave him a few details, he processed everything on my behalf and saved me £65 a month. It certainly helps when you have a young family – I will certainly be recommending RateSwitch to my family and friends”.

Matt H, Cardiff

”We contacted RateSwitch when our fixed rate mortgage with Nationwide ended in April. We’d decided to let it roll over to the Standard Variable Rate because we weren’t sure what the best option for us would be.  Lee gave us some really honest advice and recommended changing to a flexible tracker rate. The switch was so quick, really easy and best of all we saved £70 a month!  We recently got engaged so now we can save a little bit more towards our wedding next year”.

Aimee & Nick, Cardiff

Calling all Standard Variable Rate (SVR) mortgage borrowers

At RateSwitch, we help you reduce your monthly mortgage payments with ease

Start Now

Start saving now