You can apply to top up the difference between your existing mortgage and your new loan with one of our current mortgage products.
Bear in mind this is also subject to our current lending criteria and your current circumstances will determine how much you can borrow in addition to your current loan.
If you are downsizing and decide to borrow less, we can refund part of any Early Repayment Charges you may have paid on a pro-rata basis.
e.g. if the portable amount of your existing mortgage is £50,000 and you only want to borrow £40,000, we'll refund you 80% of the Early Repayment Charges.
If you have a joint mortgage with someone and you're now going your separate ways; once you've paid off your existing mortgage you'll each be entitled to 50% of any refund of Early Repayment Charges paid, provided that you take out a new mortgage with us within 6 months.
Check your original mortgage offer (or your most recent offer if you have already switched mortgages with us) for details on your eligibility to transfer your mortgage deal.
Work out what you need to do from the options above.
Make sure you have read our lending criteria before contacting us about applying.
When you are ready to apply, you need to get in touch with us to proceed. Either request an appointment to speak to someone in branch or call us:
8am – 8pm: Mon to Fri
9am – 1pm: Sat
The Early Repayment Charge
Depending on the terms of your existing mortgage deal, you may need to pay an Early Repayment Charge when moving your mortgage deal to a new property. However we will refund some or all of this charge when the new mortgage completes.
If you are downsizing and need to reduce your mortgage, you would be refunded the charge on a 'pro-rata' basis which depends on the amount being borrowed and the amount being ported to the new property. If you are separating and ending a joint mortgage, each applicant will be entitled to a 50% refund of any Early Repayment Charges paid, provided that you take out a new mortgage with us within 6 months.
If you are transferring your existing mortgage deal to a new property, we'll need to carry out a valuation on this property, as we would for a new mortgage.
Speak to one of our friendly mortgage advisers about your options