Work out your monthly mortgage payment, see today's Bank of England base rate and the average UK 2- and 5-year fixed rates, and compare what you'd pay on each big lender's standard variable rate when your deal ends.
Tap an average rate to use it below. Source: Bank of England database, quoted household rates (published monthly).
What the big lenders charge when your deal ends
Lenders' published revert-to rates, checked 30 October 2026. Which rate you move to depends on when you took your deal: check your offer letter or the lender's page.
For information only, not financial advice. Payments are estimates and leave out fees and insurance. The averages are the Bank of England's quoted household rates (Crown copyright) and individual offers depend on your deposit, income and credit history. Speak to a qualified mortgage adviser before you decide.
Frequently asked questions
What is the Bank of England base rate today?
This page shows the latest Bank Rate straight from the Bank of England database, updated twice a day. Bank Rate is set by the Monetary Policy Committee about every six weeks and affects tracker, variable and new fixed mortgage rates.
How is my monthly mortgage payment worked out?
For a repayment mortgage the payment is set so the loan and interest are fully paid off by the end of the term. For interest only you pay just the interest each month and still owe the full loan at the end.
What happens when my fixed rate ends?
You move to the lender's standard variable rate (SVR) or follow-on rate, which is usually much higher than a new deal. Most lenders let you pick a new deal up to six months before your current one ends.
What is loan to value (LTV)?
The mortgage as a percentage of the property price. A £270,000 mortgage on a £300,000 home is 90% LTV. Lower LTV usually means lower rates, with the best rates at 60% or below.
Are the average rates what I will be offered?
No. They are the Bank of England's monthly averages of rates quoted by UK lenders. Your own offer depends on your deposit, income, credit history and fees, so check with lenders or a mortgage adviser.