Tracker | Fixed | |
---|---|---|
Interest rate? | Interest rate tracks the Bank of England base rate | Interest rate stays the same each month for the length of the deal |
Overpayment limit | Unlimited overpayment limit | Overpayment limit is up to 10% of the original balance of your mortgage each year |
Switching mid-deal | You can switch mid deal | You can switch mid deal, but if there’s more than 3 months left on your deal, there will be an ERC to pay |
Moving home | You can take your mortgage with you when you move home | You can take your mortgage with you when you move home |
End of deal period | At the end of your deal, you will revert to our variable Standard Mortgage Rate (SMR) | At the end of your deal, you will revert to our variable Standard Mortgage Rate (SMR) |
Related links
- Switching your existing deal
- Apply to switch to a new Nationwide deal
- About making overpayments
- Underpaying your mortgage
Contact us
If you have any questions about switching your mortgage or you’re not sure where to begin, just get in touch and we’ll be happy to help.
Monday to Friday, 8am to 6pm.
Saturday 8:30am to 4pm.
Closed Sundays and bank holidays.
Important:
Mortgages are secured on your home. You could lose your home if you do not keep up payments on your mortgage.
Mortgages are subject to underwriting and criteria. Minimum age 18, UK residents only.
Mortgages are subject to underwriting and criteria. Minimum age 18, UK residents only.