Product transfer

Product transfers made simple

Simple, quick, and easy: Apply for a product transfer in minutes without paperwork, valuation, or conveyancing fees. Switching is straightforward, with the added flexibility of overpayments and additional borrowing.
Flexible and competitive: Take advantage of competitive rates across all product types with a straightforward product switch. Whether your client has an HMO, MUFB or Standard property, we’ve got you covered.
Seamless transition: If your client has a mortgage with us that expires within the next 90 days, they can transition smoothly to a new deal. All product transfers come with a 0.35% procuration fee and are subject to a £99 application fee.

What is the procuration fee for a product transfer: Every product transfer has a 0.35% procuration fee.
What is the application fee for a product transfer?: The application fee for product transfers is £99.
What cases can apply to a product transfer and when?: Product transfers apply to fixed-rate cases which are within 90 days of coming to the end of the fixed period. Tracker product cases which have reached completion. Plus, no more than 7 years have passed since the physical valuation.
If I’m not the original broker, can I still do a product transfer for the borrower?: Yes. There is a process for the borrowers to confirm they allow you to own the product transfer.
How do you value properties using a product transfer?: We use automated property valuations for product transfers as well as physical valuations.
Can I overpay on a product transfer?: Yes, you can overpay. This is available within our portal, allowing you to overpay simultaneously with the product transfer completion. Please visit here for more information.
Can I apply for additional borrowing with a product transfer?: Yes, you can request additional borrowing subject to new valuation, LTV and ICR calculations. Again, this can be facilitated within our portal.