Answers
What happens when my fixed rate ends?
A short answer, with the article it comes from.
The answer
Your rate moves to the variable basis written into your contract, usually a benchmark such as EIBOR plus a margin. The bank must have disclosed that basis, with an illustrative example of a rate rise, before you signed, and it cannot raise the margin over the benchmark without 30 calendar days' notice.
CBUAE Consumer Protection Standards Clauses 2.1.1.35, 2.1.3.6 and 2.1.3.21, and CBUAE Circular 31/2013 Article 3.1, checked 2 October 2026.
A fixed period is part of the contract, not a separate deal, and what follows it is written into the same offer. The Consumer Protection Standards require the bank to disclose prominently whether a rate is fixed, variable or a combination of the two, and how it is calculated.
For a variable rate, the bank must also show you, through an illustrative example, what a rise would do to your payments, to the split between interest and principal, and to the term. Once you are paying, it must notify you of any rate change, and it may not increase the margin added to the base rate until 30 calendar days' notice have passed.
Where your fixed rate was an introductory rate, the rules looked ahead to this moment when you first borrowed. Article 3.1 of the mortgage circular requires the stress test, where an introductory rate applies, to be carried out "with reference to the rate that will apply on cessation of the introductory rate".
The end of a fixed period is often the moment a mortgage is worth reviewing. A specialist can compare your follow on rate with what the panel offers today, against your own balance and term.
That the follow on rate is usually a benchmark plus a margin is lender practice. The benchmark and margin for your loan are in your own offer.
Rules are the easy part. Your file is the question.
Fixed period ending soon? Talk to a Specialist about your options.