Loyal movers

We have a range of exclusive mortgages for existing mortgage customers moving home

We have a number of options available to your customers, who are looking to move home and keep their mortgage with us. Download a useful customer guide. Remember our Homebuyer Solutions offer your customers help with their fees when moving home.

1. They can port their existing product(s), including SVR, to a new mortgage providing it is for house purchase/home ownership but not to a property being re-mortgaged. If your customer also wants to borrow more money, they can add to their existing loan by using either our Top-Up product (max LTV 85%) or any product from our current New Business range (except our Flexible Offset products), or
2. They can pay their ERC in full and take any product from the current new business range for the total lending, or
3. If at the time of application, they have less than 6 months remaining until the product expiry date, they can take a product from the current new business range and we will waive 100% of the ERC as long as they borrow at least the same amount as their existing mortgage balance. If the new mortgage amount is less than 100% of their current balance then they are eligible for a proportionate ERC waiver. To benefit from the ERC waiver, you will need to advise the customer to tell their solicitor to deduct the ERC from the redemption monies.

For further information on our porting and ERC policy, please go to lending criteria

To obtain details of any existing Abbey mortgages please fax the Porting Request Form to your local office.

Remember, we pay full procuration fees for existing mortgage customers moving home and staying with us.