It’s now quicker and easier to product switch existing owner occupied and individual buy to let clients through our residential broker portal.
Switching online speeds things up and gives access to the great rates and fee free deals for clients, from up to 3 months before their current mortgage deal comes to an end, or whenever they’re ready even after their rate reverts.
We’ll get in touch with clients when they’re eligible to switch, so they can review their choice of rates with you. We’re also working on some more exciting enhancements to make product switches even easier for you and your clients. Keep an eye out for more news from us.
Good for you:
- Smarter switching – quick and easy online process;
- Great rewards – 0.30% procuration fee for every switch.
Good for your clients:
- Great rates – your clients will have a choice of product switch rates;
- Hassle free – no new credit or affordability checks;
- Fee free – no valuation, solicitor or product fees;
- Early switches – switch up to 3 months before a current deal ends with no ERCs to pay;
- NEW latest valuations – we’ll now use our up to date computer-based valuation along with your client’s existing balance to confirm their product switch rates.
Customer eligibility criteria apply.
We’ve put together a handy toolkit for you to share with your network. This includes a quick step by step video to help guide brokers through the process, as well as digital banners and links to our new product switch mortgage and submission guides.
We’d really like to know what you think about online product switching, so any feedback is really appreciated.
