If you check your paperwork then it should tell you what happens at the end of your current deal. As mentioned above, what normally happens is that you automatically revert to the SVR.

You do not have to get a new mortgage when the deal runs out - you still have one. It is just the interest rate deal that is ending, not your mortgage, and your lender cannot call the mortgage up (ie ask for full repayment) unless you have defaulted on your payments.

Hi thanks that's great I'm gona go ahead with the TD fingers x all goes well 😉

Hi Scottiiboi, my mortgage is with the Halifax and when my deal ran out during my trust deed I stayed on the SVR for over a year as I was scared to approach the Halifax in case they found out about my trust deed (I have always paid my mortgage on time). Then I remembered a conversation I had with the mortgage adviser when I was setting up my mortgage - she said that in future, if I was just switching to a new deal with the Halifax, they wouldn't do another credit check on me. They would only do a credit check if I wanted to borrow more money from them. I phoned a few months ago to ask if I could go back on to a fixed rate and I had no problems at all.

Hi lorrs.

Obviously, credit checking is done to control risk.

If you're staying with the same lender, and the amount borrowed isn't changing, the amount of risk that they're exposed to doesn't really change whether you're on the SVR, a fixed rate, a discounted rate or a tracker.

I think that's why you found Halifax to be flexible.

If you go to your own lender to increase your mortgage, or go to a new lender to get a new mortgage, they'll obviously want to make a risk assessment that will include checking creditworthiness. This is because they are potentially increasing the risks that they are already subject to.