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FIXED-RATE MORTGAGE ENDING

Your mortgage can jump to SVR.Onremind gives you months to act.

Get a reminder months before your deal ends so you have time to review the next step before the fallback rate starts.

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  • No bank access required
  • Just the dates you already know
  • 100% independent

How a fixed-rate mortgage ending works

Most UK fixed-rate mortgage products run for a 2, 3 or 5-year term.

Before the term ends, the lender notifies you that the deal is reaching its end date.

If no new product is agreed, the loan typically reverts to the lender's standard variable rate (SVR).

SVR is set by the lender and is usually higher than the previous fixed rate.

Each month on SVR carries a higher cost until a new product is in place.

Deal end mechanism

Fixed-vs-SVR decision trigger

Typical term2 / 3 / 5 years
TriggerDeal end date
DefaultReverts to SVR
Point of no returnDeal end date passes
OutcomeHigher monthly cost on SVR

Common fixed-rate end outcomes

These outcomes are predictable — and avoidable if you act before the deal end date.

SVR applies after the fixed term

Once the fixed deal ends, the lender's SVR typically applies until a new product is taken.

The decision window ends at the deal end date.

Remortgage runway is needed

A new product offer usually needs to be in place several months ahead of the deal end date.

Starting the remortgage process late can mean a stretch on SVR.

Product transfer is one option

Staying with the current lender on a new product is sometimes possible without a full remortgage.

The end-of-deal review is the moment to weigh the options.

Easy to miss the date

Deal-end notifications can be easy to overlook in a busy household.

After the end date, the SVR applies.

How Onremind protects you

01
ADD

Add the renewal date

The one listed in your policy or renewal email.

02
TRACK

We track the countdown

Independently, in the background.

03
WARN

You get alerted early

While review, comparison and switching are still possible.

See how it works

Illustrative fixed-rate end pattern

Deal end pattern (illustrative)

Previous fixed monthly£1,180
SVR monthly£1,425
New fixed product available£1,240
Monthly difference vs SVR£185

Illustrative pattern only — not a real user case. Without a review before the deal end date, the mortgage would have continued on SVR.

Fixed-rate mortgage research and updates

Evidence, timing guidance and current developments relevant to fixed-rate mortgage end dates.

UK Fixed-Rate Mortgage Ending Report 2026

Research on deal-end SVR exposure and why borrowers still need to plan before the end date.

Read the fixed-rate ending report

What to do before your fixed-rate mortgage ends

A short checklist for remortgage timing, product transfer and SVR before the deal end date.

Read the fixed-rate ending guide

FCA remortgage rule changes — what they mean

A summary of recent FCA remortgage rule changes and what they mean before your fixed-rate ends.

Read the latest mortgage update

A fixed-rate ending is a date problem first.

SVR is the default after the fixed deal ends, not a decision.

A reminder before the end date keeps the remortgage decision on time.

See the matching remortgage reminder for the back-dated planning window.

See all how Onremind works, browse common questions, or read the UK Renewal Rip-Off Report for the wider picture.

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