Variable Rate Mortgages
Rolled onto your lender’s SVR? You are almost certainly paying more than you need to.
Why variable rate?
Variable rate mortgages have an interest rate that can change over time, meaning your monthly payments may go up or down. The two most common types are the standard variable rate (SVR), which is the default rate your lender sets, and discount rate mortgages, which offer a reduction below the SVR for a set period.
You’ll usually move onto your lender’s SVR once an initial fixed or tracker deal expires. SVRs are typically higher than introductory rates, so most borrowers [remortgage](/mortgage-types/remortgage-mortgages) before their deal ends. Discount rate mortgages, on the other hand, are a deliberate product choice that offers flexibility along with a lower-than-SVR rate.
At Clearview Mortgage Solutions, we help borrowers understand the full range of variable rate options and whether they suit their circumstances. We compare deals across 90+ UK lenders to make sure you get the right product at the right price.
Key facts
90+
UK lenders compared
FCA
Regulated advice
Free
Initial consultation
CeMAP
Qualified advisers
Your next moves.
The shortest path from where you are to a real mortgage offer.
Estimate your monthly cost and how much you could borrow with our variable rate calculator.
Open calculatorRun the numbers.
Read the guides.
Explainers covering deposits, schemes, the application, and what lenders actually look for.
Guides about Variable Rate mortgages
A guide to variable rate mortgages
A complete overview of variable rate mortgages in the UK, including SVR, discount rate, and when they might be the right choice.
ReadStandard variable rate explained
What an SVR is, why it matters, and how to avoid paying your lender’s default rate for longer than necessary.
ReadDiscount rate mortgages
How discount rate mortgages work, their advantages over other variable rates, and who they suit best.
Read
Frequently asked.
In most cases, no. SVRs are typically much higher than introductory rates, and staying on one can cost you hundreds of pounds per month in unnecessary interest. You should consider remortgaging to a new deal unless you specifically need the flexibility of no early repayment charges. A mortgage adviser can check whether better options are available to you.
Talk to a specialist.
variable rate mortgages have their own quirks. Our CeMAP-qualified advisers compare 90+ UK lenders and explain how each one applies to you — no obligation.
No-obligation chat
Book a call — we'll discuss your situation and what you're trying to achieve, no commitment.
Higher approval confidence
Our brokers know which lenders suit first-time buyers, remortgagers, buy-to-let, and complex cases.
Service that performs
Clear communication, realistic timelines, and the right product — not just the lowest headline rate.