Standard variable rate mortgages
If you opt for a SVR, you can leave at any time. Also, you can overpay your monthly payments.
A standard variable rate mortgage (SVR) will last as long as your mortgage deal.
If your mortgage lender sets a low interest rate, then you could essentially be on a better mortgage rate than someone who opts for a fixed rate.
If you opt for a SVR, you can leave at any time. Also, you can overpay your monthly payments.
To prepare for any increase in monthly payments, it’s wise to have some savings at the ready
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