Grow your mortgage retention business
We have refreshed our existing customer product transfer proposition and continue to offer preferential rates for existing customers looking for a new deal.
Product transfers continued to be one of the biggest growth area for brokers in 2019 and we expect this to continue in 2020. They now play an important part in building long lasting relationships with your clients.
Our online product transfer tool makes the process really simple for you and your clients to complete the process. You can access the tool through our online portal and easily switch your client's rate up to three months prior to the maturity of their existing deal, with no early repayment charge. With a few simple clicks and no need for supporting paperwork, clients can benefit from our preferential existing customer rates. All products are available on sourcing systems to help support upcoming maturities. Our product transfer service pays a procuration fee of 0.20%.
John Truswell, Head of Intermediary Mortgages, said "We're pleased to be able to provide an online transfer tool for brokers and our rate refresh supports customers looking for a new deal upon maturity."
All available product details and information on product transfers can be found on our website.
Product Range Product Transfers
Should you require any further help or assistance, please do not hesitate to contact us.