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Switching your mortgage deal

You can arrange a new mortgage deal with Skipton up to three months in advance.

A man and a woman smiling at phones

What happens when your mortgage deal is ending?

When you take out a fixed rate, tracker or discounted mortgage with us, the initial deal lasts for a set period.

Once this time is up, you have a few options. Including:

  • start paying the Mortgage Variable rate (MVR),
  • pay a discounted rate on our MVR (where applicable) for a set period,
  • take out a mortgage with another lender,
  • switch to another deal with Skipton.

Why switch with us?

Personalised deals

We’ll show you a range of deals which you can arrange up to three months in advance of your current deal ending.

Switch in minutes

No long forms to fill in and no affordability check is needed.

No standard fees

No standard conveyancing service costs, or valuation fees on properties worth up to £1.5m, when you switch yourself.

Borrow more

Additional borrowing for things like home improvements.

Award-winning

We’re proud to have been recognised for the work we do to help our customers own homes of their own.

We're trusted

We are rated 'Excellent' on Trustpilot with over 16,000 reviews.

You could lose your home if you don't keep up your mortgage repayments.

You can switch online if:

  • You've received a letter saying you can switch online
  • Your current mortgage interest rate is coming to an end
  • You’re currently on our Mortgage Variable Rate (MVR) and have been on it for less than 9 months
  • You'd only like to switch your mortgage interest rate
  • You want to choose a new mortgage interest rate without advice
  • You have authority to switch on behalf of all applicants.
Get started

You need to talk to us if:

  • You think you might struggle with increased payments, as a result of higher interest rates and want to discuss your options
  • You'd like advice about choosing your next mortgage deal
  • Your personal circumstances have changed
  • You're thinking of borrowing more
  • You'd like to make a one-off payment, over or above any pre-agreed additional payment(s)
  • You want to shorten or extend your current mortgage term
  • You want to change how you repay your mortgage
  • You're thinking of letting out your home to a tenant.

Call us on 0345 600 8085.

Switch online in three easy steps

1. Log in

Get started, log in to begin switching online.

2. Choose a mortgage

Select your personalised rate.

3. Switch complete

We’ll confirm your switch is complete.

Frequently Asked Questions

If you decide not to switch your deal, your mortgage will automatically move on to our Mortgage Variable Rate. Or where applicable you will pay a discounted rate on our Mortgage Variable Rate for a set period. However, this could mean your payments may be higher or lower, depending on your current rate. The Mortgage Variable Rate is set by Skipton, and can change from time to time.

If you are considering applying for additional borrowing, for things such as home improvements, you might want to do this when you switch to a new deal. Call our mortgage advisers on 0345 607 9842 if you have any questions and to find out more. Additional borrowing is subject to our lending criteria and your individual circumstances.

Mortgage valuations and the Skipton Conveyancing Service are not regulated by the Financial Conduct Authority.