Product Transfer

A product transfer is an alternative to a remortgage which simply means that you move your current mortgage from one product to another, with the same lender.

 

Some borrowers prefer to take this path of least resistance when it comes to getting a new deal at the end of their current fixed or tracker product.

 

Many will understandably be tempted by a mortgage process that takes little time or effort, especially if the product transfer rate is cheaper than a move onto their lender's reversion rate.

 

On the flip-side, others will be able to make substantial savings by remortgaging to a new lender and, if you are budget conscious, we’ll be able to research not only the product transfer options but also any savings that could be made by switching to a new mortgage from a different lender.​​

Other Types of Remortgages

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Legal Information

YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP REPAYMENTS ON YOUR MORTGAGE OR OTHER LOAN SECURED UPON IT.

 

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME.  REPAYING YOUR DEBTS OVER A LONGER PERIOD CAN REDUCE YOUR PAYMENTS BUT COULD INCREASE THE TOTAL INTEREST YOU PAY. 

 

 

The Money Bee, which is a trading style of Mortgage and Loans Limited, based in Stafford, (Financial Services Register number is 757812).

Terms and Conditions

There may be circumstances where we need to charge a fee.  In these instances, we will notify you at an early stage which could be £125 upon application and an arrangement fee up to £495, or £995 for specialist mortgages, on receipt of the mortgage offer.

 

Parkfield Business Centre, Park Street, Stafford, Staffordshire, ST17 4AL

Telephone 01785 878 555

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Parkfield Business Centre, Park Street, Stafford, Staffordshire , ST17 4AL