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Switch your mortgage deal

Switch your mortgage rate in just a few steps

Switch with us and you'll get rates just for you

If you've got an HSBC mortgage or a buy-to-let mortgage and your current rate is coming to an end, you could choose a new deal up to 180 days before. 

If you have opted to make temporary interest-only payments on your mortgage under the Mortgage Charter, you'll need to speak to us to switch.

  • Dedicated rates
    When it's time to switch, we've got mortgage rates just for our existing mortgage customers.
  • Get a new deal quickly
    As you're already with us, it's quicker to switch rates â€“ it can often take between 4 to 8 weeks to move to another lender.
  • Choose your rate in advance
    Select your mortgage rate up to 180 days before your current rate comes to an end, without paying an early repayment charge.
  • No credit check or full application
    We don't need to check your eligibility or credit rating.
  • Hassle-free property valuation
    We’ll complete a digital valuation of your property.
  • You don't need a solicitor
    Switch your rate with us and you won't need a solicitor, but you will if you move lender.

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 rate

1. Get ready to switch

We’ll send you reminders when your rate is due to end. You could choose a new deal up to 180 days before, or switch at any time subject to any early repayment charges.

2. Choose a rate

Take a look at the latest rates for our mortgage customers, and you'll find a selection available to you, based on your mortgage balance and property value. Then, choose one to switch to. 

3. Renew your rate

Chosen your rate and ready to get a new deal? You can switch online - even if you're not registered for online banking. If you need help to complete your switch, speak to us.

Got a question?

You’ll find lots of answers in our frequently asked questions section FAQS.

If you can’t find what you need here, the best way to get the answer you need is to use our chat service. This is available from 08:00 to 18:00 Monday to Friday.

Switch your rate online

If you’re happy to choose your own rate and are up to date with your mortgage payments, you can make the switch yourself online.

All you need is your mortgage account number, full name, date of birth and UK mobile number.

If you have opted to make temporary interest-only payments on your mortgage under the Mortgage Charter, you'll need to speak to us to switch.

Already started a rate switch?

Select 'Continue your switch' if you've already started a switch online, or with us over the phone and we’ve told you that you can complete it online.

Speak to us to switch your rate

If you have a Buy to Let mortgage please follow option 1.

1. Switch your rate

If you know what rate you want, but need some help making the switch, you can do this with one of our mortgage team.

If you have a residential mortgage, as you’ll be telling us the rate you want, we won’t assess if the product you chose meets your needs. You also won’t benefit from any of the protections that the Financial Conduct Authority rules would give you if you chose to receive advice.

2. Initial discussion

If you're not sure whether you're ready to proceed and would like to ask us some questions, we can offer you a 30 minute initial discussion with one of our mortgage advisers. Our advisers will answer any questions you may have, before booking a follow up appointment for you to complete your rate switch.

3. Advice for switching your rate

If you're ready to proceed and would like advice to choose the best rate for your needs and circumstances. you can make an appointment with one of our mortgage advisers who will complete your advised rate switch.

Watch a video to help you switch

What happens if you choose not to switch

If you don't switch rates when your current HSBC fixed-rate or 2-year tracker mortgage comes to an end, you'll be automatically moved onto our Standard Variable Rate.

This rate is variable and can change. This means your monthly payments could go up or down at any time.

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.