Switch to a new mortgage deal

You can check your deal end date by logging in to Manage your Mortgage.

Once you’re logged in, you’ll find your current deal and its end date on:

• "Your mortgage account details" at the bottom of the page.
• "View your deals" from the menu.

We’ll also contact you around 4 months before your deal ends to let you know your options and how to get a new deal.

You can apply for a new deal when you enter your roll‑off window, which begins around 4 months before your current deal ends. We’ll contact you and send reminders when you reach this window.

You can also check your deal end date by logging in to Manage your Mortgage.

If you’re:

• On the Standard Variable Rate (SVR) – you can apply for a new deal at any time.
• On a tracker rate – you may be able to switch to a fixed rate straight away. You can check this in Manage your Mortgage.

If you are not yet in your roll‑off window and want to change your deal early, fees may apply. Please contact us to discuss your options.

If lower rates are available, it may be worth looking at whether switching early could save you money. Paying an Early Repayment Charge (ERC) is usually only worthwhile if the savings from a new, lower rate outweigh the cost of the ERC.

If you’d like help understanding your options, please contact us.

It depends on the type of deal you’re currently on:

• Standard Variable Rate (SVR)
  There’s no ERC when you switch to a new deal with us.
• Tracker rate
  You can switch to any Royal Bank fixed‑rate product (subject to criteria and availability) without paying an ERC.
• Fixed rate
  You may have to pay an ERC to switch early. If you are not yet in your roll‑off window and want to change your deal early, please contact us.

We’ll contact you around 4 months before your deal ends to let you know your options and how to get a new deal. You can then switch to a new deal that starts once your current one finishes. Switching this way means there will be no ERC.

A more up‑to‑date valuation may help you access a better deal, but this isn’t always the case.

Your options depend on your Loan to Value (LTV)—your outstanding mortgage balance as a percentage of your property value.

When you log in to Manage your Mortgage, you’ll see:

• The last valuation we hold.
• A free House Price Index (HPI) estimate.

We’ll use whichever value is higher to calculate your LTV, giving you the best chance of qualifying for lower‑rate deals.

If you believe your property value has increased—for example, due to an extension, loft conversion or conservatory—you can ask for a paid valuation. We’ll arrange this with an approved surveyor.

Please note: if we carry out a new valuation, we must use it to calculate your LTV, even if the value goes down.

Making an overpayment can reduce your LTV and may help you access lower‑rate deals.

Once your overpayment has been applied, you can log in to Manage your Mortgage to see what deals are available.

Fixed and Tracker mortgages (excluding Lifetime Tracker)

You can usually overpay up to 20% of your outstanding balance each year without paying an Early Repayment Charge (ERC). If you pay more than this, an ERC may apply.

When you make an overpayment in Manage your Mortgage, we’ll show any allowances or charges before you confirm.

Standard Variable Rate (SVR) and Lifetime Tracker mortgages

You can overpay any amount with no limits and no charges.

If you’re considering an overpayment, try our overpayment calculator to see how it could affect your mortgage. You can also access an overpayment calculator within Manage your Mortgage.