Fixed rate ending, which SVR?

Bambywamby

Hi there folks

Our two year fixed rate mortgage runs out in May (rate of 5.4%).
When we fixed the mortgage two years ago we were told that at then end of the period we would go onto the SVR of 6.1%.

What I want to know is, will they put us straight on to that rate or will we get their current SVR which is alot better...4.4% (Natwest).

Thanks in advance,

Bam x

System

Bambywamby wrote: »

Hi there folks

Our two year fixed rate mortgage runs out in May (rate of 5.4%).
When we fixed the mortgage two years ago we were told that at then end of the period we would go onto the SVR of 6.1%.

What I want to know is, will they put us straight on to that rate or will we get their current SVR which is alot better...4.4% (Natwest).

Thanks in advance,

Bam x

You'll be paying 4.4%