Free to use – no hidden fees
RateSwitch is a free alert service, built in response to soaring mortgage rates and open to all UK homeowners – whether you’re using your own broker, going directly to your lender, or haven’t yet decided. There’s no obligation to use us for anything beyond the alerts themselves.
We are a regulated mortgage broker, and as you approach your switch window we may be in touch to make you aware of your options and offer our help. That’s entirely up to you – if you’d rather handle things through your own broker or directly with your lender, that’s absolutely fine and we won’t keep chasing. This broker service is how we’re able to fund the free alert platform, so it’s a core part of what we do – but it comes with no pressure and no strings attached.
On the broker side, we don’t charge you a fee. Like every broker in the country, we receive a procuration fee from the lender when a mortgage is arranged – typically between 0.20% and 0.40% of the mortgage balance. The amount is the same regardless of which broker arranges it, and it’s always disclosed before you proceed.
There’s no catch. The lender pays us, not you.
See live mortgage rates as they change
Set an alert and we’ll notify you if the rate goes down
Free to use – no hidden fees
FAQS
Can I switch early?
Yes — in many cases you can. Each lender has its own switch window, typically allowing you to secure a new deal several weeks or months before your current rate ends. The exact timing depends on your lender and product, which is why switch periods can vary.
Do I have to take legal advice?
No. Product transfers typically don’t require legal work or a property valuation.
Will there be a credit check?
Product transfer checks are usually lighter than a full remortgage. The exact checks can vary and are set by the lender.
What if rates change after I’ve secured?
If they rise, you’re locked in. If they fall before your switch date, we’ll alert you so you can amend your choice if available.