This page explains how fixed rate end dates are set, why they may differ from your moving-in date, and why understanding this early can reduce stress later.
How Your Fixed Rate End Date Is Set
Your fixed rate end date is normally set by the lender at the point the mortgage offer is issued, not the day you complete. It's quite normal for a 2 year fixed rate to be 2 years and 3 months for example at the point of application.
Why It Is Not Your Moving-In Anniversary
If there is a delay between mortgage offer and completion, the fixed rate still ends based on the lender's original start date. For some people it can mean that a 2 year fixed rate for example is actually less or more than 2 years based on how long the buying process took and if your mortgage broker changed the mortgage deal for you part way through.
Where To Find Your Fixed Rate End Date
What Happens Next
When the fixed rate ends, most lenders move the mortgage onto their standard variable rate (SVR). This is normally higher than the fixed rates they offer, but it does depend on the deal you are currently on.
Check Your Fixed Rate Timeline
Use our free, non-advised tool to understand where you are in the mortgage renewal timeline.
Check Your Timeline