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Switch your mortgage deal

Easily switch your mortgage to one of our latest rates

Rate switching with HSBC

If you've got an HSBC mortgage or a Buy-to-Let mortgage and you're interested in switching, we've got a range of rates to choose from.

  • Save money

    Switching to another rate could help you save more for what you really love.

  • Choose your rate 90 days in advance

    You can choose your mortgage rate up to 90 days before your current rate comes to an end, without paying an early repayment charge.

  • No need for a credit check

    As you already have a mortgage with us, we don't need to check your credit rating.

  • Automatic valuation

    We carry out an automatic valuation for your property so you'll have one less thing to think about.

Think carefully before securing other debts against your home.

Your home may be repossessed if you do not keep up repayments on your mortgage.

How to switch your HSBC mortgage rate


You can switch your mortgage or Buy-to-Let mortgage online if:

  • all applicants on the mortgage are registered for online banking
  • you don't need advice from our mortgage team
  • your current Loan to Value (LTV) doesn't exceed 90% for residential or 75% for Buy to let - your LTV is your mortgage balance as a proportion of the value of your home, as a percentage
  • you're up to date on your mortgage payments
  • you're only changing the rate and not making any other changes to your mortgage

If you're looking to switch more than one mortgage loan to a new rate, and the new rate has a booking fee, please call us to complete your rate switch.

Log on to find out which rates are available, and switch your rate. You can also view your monthly repayments in more detail.

If you get stuck, we have a couple of useful videos that might help you.

Are you not yet registered for online banking? Register now.

Video guides to help you switch

We have two videos below that will help you complete your rate switch.

If you’re applying alone, watch our first video. If you have a joint mortgage, or if you're continuing your application, please watch our second video.

Speak to us

If you'd like to speak to one of our mortgage advisors, give us a call on 0800 731 3134 to book an appointment.

Lines open Monday to Saturday 08:00 to 20:00, Sunday 09:00 to 18:00. Calls may be monitored and recorded. Opening hours within the mortgage departments may vary.

What happens if you choose not to switch

If you don't switch rates when your current HSBC fixed-rate or 2-year term tracker mortgage comes to an end, you'll be automatically moved onto the HSBC variable rate, or the HSBC Buy-to-Let variable rate if you have a Buy-to-Let mortgage.

This means that if you don’t switch, you may pay more for your mortgage. This is because your payments will be variable and could go up or down, depending on any changes to the variable rate.

Discover more about the types of mortgages we offer.

Frequently Asked Questions

It's easy to answer your query online. Visit our Help page to find out how.