Those approaching the end of their existing mortgage deal, can apply for new product up to 6 months before the existing mortgage deal has expired (Product Transfer). Once the current mortgage deal expires, customers will automatically be switched to their new chosen product.
All of our products are portable (see Portability section). A new mortgage valuation will be required on the new security address and additional checks may be required if there is additional borrowing or the loan risk changes (for example, if there is a change in LTV).
Customers are eligible to apply for additional borrowing 6 months after completion of their mortgage.