Switch and fix mid-deal
Nationwide is one of the few mortgage providers that allows you to switch from your tracker to a fixed rate at any time during your deal without any early repayment charges.
Benefits of 'switch and fix':
- Deals available with zero product fee so the cost of switching is free
- You can overpay on all deals without incurring early repayment charges (find out more)
- Get peace of mind and protect against interest rate rises by switching to a fixed rate
- No early repayment charges when you switch
If you have one of our tracker mortgages, you can ‘switch and fix’ at any time within your deal period to one of our available 'switch and fix' fixed rate mortgages - without any early repayment charges.
Switching to one of our available fixed rate mortgages is straightforward, and all you need to pay is your product fee. And with some deals available with no product fee, it could cost you nothing to switch.
You can only switch to a new fixed rate if you currently have an existing Nationwide tracker mortgage. If you have reached the end of your deal and are looking to switch to a new fixed or tracker product please see current deal ending.
Please note: Any mortgage products reserved on or before 29th April 2009 will revert to the Base Mortgage Rate (BMR). If you choose to switch to a new Nationwide mortgage product, the new product will revert onto our Standard Mortgage Rate (SMR).
Both are variable rates which we may vary in accordance with our mortgage terms and conditions. However, the BMR is guaranteed to be no more than 2% above the Bank of England base rate, whilst the SMR has no upper limit or cap. If you choose to switch to a new product, it is not possible to switch back to the BMR at a later date.
Please note that all mortgages reserved on or before 3rd March 2010 include the option to apply for a payment holiday and borrow back facility. Any mortgages reserved after this date will no longer include these facilities.
Getting started:
View mortgage rates
Compare our fixed rates and mortgages from our 'switch and fix' range
View mortgage rates
Payment calculator
Compare monthly payments with our simple mortgage payment calculator
Compare payments