Short term deal or SVR

rigby44

As of December my 5 year fixed rate deal ends.

Depending on a family matter, we may choose to start house hunting on 1st September, and list our property.

If we don’t find anything quickly or the whole process runs way into 2026, am I typically best signing a 1 year remortgage deal in December 2025 (and possibly facing ERC when selling) or typically best to accept SVR from NatWest and hope to get the new property tied up ASAP?

The house I’m buying would be more in value, and would be happy to stay with NatWest provided they would allow me to port with minimal ERC.

Help appreciated. 

saajan_12

Personally I'd do a tracker mortgage which is a set % over the Bank of England rate. Often these don't have ERCs, because the bank doesn't have to hedge and then undo their hedge which they would have to for a fixed rate.  However its usually on a better rate than the SVR for a few years.