Product Transfers Explained: What to Do When Your Fixed Rate Ends

Product Transfers Explained: What to Do When Your Fixed Rate Ends

Author: Phil Spencer: UK Property Expert March 27, 2026 Duration: 5:29
Phil is joined by Emma from Skipton Building Society to explain product transfers and what to do when your fixed rate mortgage deal ends. If you’re unsure whether to switch lenders or stay put, this conversation focuses on the option of moving onto a new deal with your existing lender. When your deal comes to an end, you don’t have to accept your lender’s reversionary rate. A product transfer allows you to switch to a new deal with the same lender, often with a simpler process. Understanding your options early can help you avoid higher repayments and make a more informed choice. If your fixed rate is nearing its expiry date, this episode will help you understand your options and decide whether a product transfer could be the right fit. 👉 VIDEO TIMESTAMPS Chapters 00:00 Introduction 00:25 What happens when fixed rate deals end? 02:11 Staying with the same lender 03:26 Avoiding the reversionary rate 04:14 How product transfers could save you money 👉 SUBSCRIBE TO THE CHANNEL 🔗 https://www.youtube.com/@UC_bxZ7uKmnve42-5pfNO47A 👉 GET PHIL SPENCER'S ADVICE DIRECT TO YOUR INBOX ✉ 🔗 https://www.moveiq.co.uk/newsletter-signup 👉 VISIT THE MOVE iQ WEBSITE 💻 🔗 https://www.moveiq.co.uk 👉 VISIT THE SKIPTON WEBSITE 💻 🔗 https://www.skipton.co.uk/ ➤ CONNECT WITH US ON SOCIAL 👇 📲INSTAGRAM / https://www.instagram.com/moveiq/ https://www.instagram.com/skiptonbuildingsociety/ 📲TIKTOK / https://www.tiktok.com/@philspencertv https://www.tiktok.com/@skiptonbuildingsociety 📲FACEBOOK / https://www.facebook.com/MoveiQ https://www.facebook.com/profile.php?id=100089929007393 📲LINKEDIN / https://www.linkedin.com/company/move-iq https://www.linkedin.com/company/skipton-building-society and https://www.linkedin.com/showcase/skipton-building-society-for-intermediaries/ 📲YOUTUBE https://www.youtube.com/@MoveiQ https://www.youtube.com/@skiptonbuildingsociety https://www.youtube.com/@UC6kPoZo1QVc2NaWgywq3D-w

For over a quarter of a century, Phil Spencer has navigated the complexities of the UK property market, and he brings that wealth of experience directly to you. The Move iQ Podcast is a deep, practical resource that demystifies the entire process of buying, selling, and managing a home. Phil’s conversations go beyond simple tips, offering nuanced guidance on everything from deciphering market trends and negotiating offers to understanding the finer points of renovations and property investment. This isn't just theoretical advice; it's grounded, actionable insight designed to empower your decisions. You'll hear detailed discussions on financial planning, legal intricacies, and the often-overlooked emotional aspects of moving house. Whether you're taking your first tentative steps onto the property ladder or looking to strategically grow a portfolio, this podcast provides the clarity and confidence needed to navigate an often daunting landscape. Tune in for a straightforward, expert-led dialogue that treats property not just as a transaction, but as a fundamental part of your life journey. Each episode with Phil Spencer, a trusted UK property expert, is crafted to help you move forward with greater knowledge and assurance.
Author: Language: English Episodes: 100

Move iQ Podcast
Podcast Episodes
Can the UK Housing Crisis Be Solved? [not-audio_url] [/not-audio_url]

Duration: 26:52
There are not enough homes being built in the UK to meet demand each year, but can the UK housing crisis be solved? In this People in Property episode, Phil is joined by Russell Quirk, Property Commentator and Co-Founder…
Picking the Perfect Pad: Insider Tips on Local Housing Markets [not-audio_url] [/not-audio_url]

Duration: 18:15
We took the Move iQ Podcast to the Propertymark regional conference in Birmingham to get insider tips and insights on local housing markets and tips on picking the perfect pad for renters, sellers and buyers. Tune in for…
From Olympics to Real Estate: A Chat With Phil Spencer & Roger Black [not-audio_url] [/not-audio_url]

Duration: 30:39
In conversation this week with Phil Spencer on the Move iQ Property podcast is Olympic medallist Roger Black. The pair discuss how Roger's career evolved from Olympic to property and what he's currently up to. Tune in fo…
Homes Built to Rent | New Build Homes UK [not-audio_url] [/not-audio_url]

Duration: 18:01
Phil chats to Anne-Marie Brown of Love to Rent to discuss these new build homes for rent, what they offer, how many are available and in the pipeline and where you can find them. Homes built to rent are popping up all ov…
Should I Sell My House in a Property Auction? [not-audio_url] [/not-audio_url]

Duration: 19:48
Property auctions have risen on popularity and there's a reason for that. Phil is joined by Richard Worrall MNAVA - President of the National Association of Valuers and Auctioneers, to share some auction truths and expla…
An Economist's View on UK House Prices In 2024 [not-audio_url] [/not-audio_url]

Duration: 24:48
Talking property and housing markets, Phil is joined by property economist Dr. John Boyle, a Property Economist, to discuss UK house prices in 2024 and the UK housing market. No one has a crystal ball but everyone has an…
Local Housing Market Insights | Spring 2024 [not-audio_url] [/not-audio_url]

Duration: 30:12
While national housing trends and data provide a broad overview, getting local housing market insights on your doorstep is arguably more important. In the first conversation of 2024 with a number of Propertymark accredit…
What Will Happen to Mortgage Rates in the UK in 2024? [not-audio_url] [/not-audio_url]

Duration: 17:12
In this latest podcast Move iQ founder Phil Spencer talks to Charlotte Harrison, CEO of Home Financing at Skipton Building Society. We wanted to find out what might happen to mortgage rates in 2024; what lenders are doin…
A Look at the Housing Market in Early 2024 [not-audio_url] [/not-audio_url]

Duration: 18:59
In our first look at the housing market in 2024, Move iQ founder Phil Spencer, caught up with Nathan Emerson CEO of Propertymark, the professional body for property agents in the UK. This conversation will give you a fee…