Before you start
- Your deal end date. Find it on your mortgage offer or annual statement.
- Early repayment charges. Check whether any apply if you switch before your deal ends.
- Your outstanding balance and remaining term.
- An idea of your property's value. The lender will carry out its own valuation.
- What you want to achieve: a new deal, borrowing more, changing the term or how you repay.
- Changes since you last applied, such as income, job, family or credit commitments.
Documents to have ready
- Your latest mortgage statement
- Proof of identity and address
- Recent payslips, or proof of self-employed income
- Recent bank statements
- Details of any loans, credit cards or other commitments
See the full mortgage document checklist (with a printable PDF).
Costs to ask about
- Product or arrangement fees
- Valuation and legal fees, and whether any are included
- Our fee: Fees are dependent on individual circumstances and will be payable on application. The typical fee would be £495; maximum 2% of the mortgage loan.
Timing
Start the conversation well before your current deal ends so there is time to review the options and complete the switch. Before your deal expires, we will contact existing clients to discuss what options are available.
If you let out the property, remember that most Buy-to-Let mortgages are not regulated by the Financial Conduct Authority.
General information, not advice. This information is a guide only and should not be relied on as a recommendation or advice that any particular mortgage is suitable for you. All mortgages are subject to the applicant(s) meeting the eligibility criteria of the specific lender.