What happens to my interest rate when my mortgage offer period ends?

As a mortgage lender we strive to make sure we offer the best possible value, both during any product period and beyond. That’s why when your mortgage with us comes to the end of its product offer period and you have not yet chosen another product offer to switch your mortgage to, your mortgage will revert to a variable interest rate.

This variable interest rate will be the Society’s Standard Variable Rate (SVR) with a potential reduction applied dependent on your Loan to Value (LTV). This means that as a result of any increase in the value of your home or any reductions you make to your mortgage balance which reduces your LTV, you may benefit from a lower variable interest rate being charged.

For further information, please read our 'What happens to your interest rate when your mortgage offer period ends' guide.