What happens at the end of a 2 year fixed mortgage?

Saints83

Hello, I am pretty clueless when it comes to mortgages so I would apprecitae any help.

I am currently paying 3.99%, which is £410 a month

Looking to possibly reduce my monthly payments

I have found a 2 year fixed rate mortgage, offering 1.99%, which is £310 a month. After the 2 years it switches to 3.99% SVR

My question is, after the 2 years, can I switch again to another fixed rate with lower payments?

Unless I'm being thick, it seems like I can save myself £100 a month for the next 2 years, then at worst go back to the rate I'm currently paying in 2 years time

Any help would be appreciated.

Thanks

R_P_W

If that same product is available in two years time then yes.

If interest rates rise in that time then you probably won't get as good rate again.