Variable Rate Mortgages
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.
On this page
Variable Rate Mortgage Advice
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 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.
Read our full guide here
Our detailed guide explains how SVRs and discount rates work, when variable rate mortgages make sense, and how to avoid paying more than you need to.
- Use calculator
Work out your affordability
Use our free calculator to estimate your monthly capital and interest repayments—see how loan amount, rate and term affect your budget before you apply.
- Browse guides
Explore our mortgage guides
Our jargon-free guides cover deposits, LTV, stamp duty and the mortgage application process for variable rate—so you know what to expect.
- Compare deals
Compare mortgage rates
Filter by rate type, term and product fee across 90+ UK lenders. See which mortgage products could save you money.
- Get started
Get personalised mortgage advice
Our CeMAP-qualified mortgage advisers compare products from 90+ UK lenders and guide you through the mortgage application—no obligation.
Variable Rate Mortgage Guides
In-depth guides to help you understand every aspect of variable rate mortgages. Written by our CeMAP-qualified advisers.
Mortgage Tools & Calculators
Professional tools designed to help you understand your mortgage options, compare rates, and make informed decisions about your financial future.
Got Questions?
We've Got Answers
Find quick answers to the most common mortgage questions. Can't find what you're looking for? Our team is here to help.
Still have questions?
Our advisers are ready to help you.