RateWatch

RateWatch is a service that tracks mortgage rates after you've applied. Whether remortgaging or buying a home, our advisers source the most suitable deals by monitoring rates each month up to your remortgage or exchange date. If one becomes available, our advisers will contact you to ask if you want to move to the new rate.

Key benefits:

• Protects against rising rates.

• Switches you to a more suitable deal that could save you £££s per month.

• No extra cost or hassle.

RateWatch could save Better.co.uk customers up to £1 million per month on average by ensuring you have access to the most suitable rates.

• For Homeowners (Remortgaging): Secure a suitable rate months in advance but retain the flexibility to switch if rates improve.

• For Homebuyers: Lock in a rate now and keep your options open if a more suitable rate becomes available before you exchange.

How RateWatch works:

Unlike other brokers or lenders who may ‘set and forget’, Better.co.uk monitors the market monthly to ensure you have access to the latest deals. Here's how RateWatch works:

1. Apply for a mortgage: Submit your mortgage application with Better.co.uk.

2. RateWatch activated: We begin monitoring the market once you have received a mortgage offer. The first check will be one month after the offer date.

3. Monthly checks: If a more suitable rate becomes available, we will contact you and offer to switch you to the new rate hassle-free.

4. Save money: Relax knowing you're on the most suitable rate.