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SVR - Question

I'm on a fixed deal at the moment which runs out in around 16 months. I will then move to my lenders SVR (If I don't remortgage or get a new deal).

My question is is this rate the rate which is in my mortgage documents or is it the one that is advertised on their website. Am I tied into this SVR?

Thanks

Comments

  • beecher
    beecher Posts: 2,497 Forumite
    You will go onto the Standard Variable Rate as it is in 16 months time - may well be very different from both the one in your documents and the one presently available.
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