What happens when my fixed mortgage ends?

When a fixed-rate deal ends, most lenders move you automatically onto their standard variable rate (SVR) if you haven't arranged anything else — usually a noticeably higher rate than your fixed deal.

You won't be without a mortgage or at risk of losing your home simply because the fixed period ends; the change is to the rate you're paying, not your ability to keep the mortgage.

Reviewing your options a few months ahead avoids drifting onto the SVR by default and gives time to compare what else is available.