Updated October 2026 · Fraser Bond
Mortgages · Selling
Selling during a fixed term
ERC1–5%
Portthe deal
Timingsale
CalculatorERC
In short: If you sell and repay your mortgage during a fixed-rate period, your lender will usually charge an early repayment charge (ERC), often 1% to 5% of the balance, falling each year. You may avoid it by porting the mortgage to your next home, if the lender agrees and you qualify, or by timing completion after the fixed period ends. Check your mortgage offer for the exact charges.
Early repayment charge
ERC payable–
Check your offer document.
Frequently asked questions
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Can I avoid early repayment charges?
By porting or waiting until the fixed period ends.
Can Fraser Bond time my sale?
We can plan marketing around your dates.
