Interest rates are rising. Time to use your loaf.

Lenders price fixed mortgages partly on where they expect interest rates to go. So today’s increase may already be reflected in the deals available.

But that doesn’t mean rates have finished rising. Further increases could be on the horizon. If expectations change, lenders could push fixed mortgage rates higher before the Bank makes its next move.

Waiting for the next announcement could mean missing an opportunity to secure a suitable deal now.

What does it mean for your mortgage?

• Fixed rate? Your rate stays the same until your deal ends.

• Tracker? Your rate will usually rise with Bank Rate, subject to your mortgage terms.

• Standard variable rate? Your lender could increase your rate.

Keep more of your hard-earned crust.

If your deal is ending soon, don’t leave your mortgage on the back burner.

Talk to Moat now. We’ll compare your options, explain when you can secure your next deal and weigh up rates, fees and any early repayment charges.

Nobody knows exactly where rates will go next. But getting advice early gives you time to plan—and could help you avoid higher payments when your current deal ends.

Talk to Moat. Our advice is completely free and could help you save some dough.