Our mortgage switch process.

Step 1

Speak to our expert team, and chat about your options. We’ll ask for some info about your property, including your buildings insurance (which is needed to complete a switch).

Step 2

You’ll get an indicative offer, including info about any revised repayments and terms.

Step 3

We’ll request a redemption statement. If your new repayments are less than your current ones, or your new rate is less than your revisionary rate, this is where you’ll be issued a loan agreement. Here, you’ll have everything you need to make your informed decision.

*If you want to release equity, this is the point at which we’ll follow our standard underwriting process and assess affordability. And remember, new valuations are required on commercial properties.

Step 4

Our underwriting team will review everything and our team will be in touch with next steps.