Product Transfer Mortgages

When your current mortgage deal is ending, switching to a new rate with the same lender can be quicker and simpler than a full remortgage. This process is called a product transfer mortgage, and it can help you avoid higher rates and extra admin. At WIS Mortgages, we guide you through the mortgage product transfer process—at no cost to you.

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Key Benefits

Fast and Simple Process:

No new legal work or property valuation in most cases.

Avoid Standard Variable Rates:

Secure a new deal before your existing one ends.

No Affordability Checks (In Many Cases):

Ideal if your income or circumstances have changed.

Fee-Free Advice:

We’ll find the most competitive deal your current lender offers—at no broker charge.

Stay with Your Lender:

Continue your mortgage relationship without switching banks.

Eligibility Criteria and Requirements.

Who Can Apply?

You may be eligible if you:

Have an existing mortgage with a UK lender
Are near the end of a fixed, tracker, or discount deal
Are not looking to change your mortgage amount, term, or structure
Are current on mortgage payments and meet your lender’s basic criteria

What are the Requirements?

Latest mortgage statement
Photo ID and proof of address
Consent to check current product eligibility
In most cases, no income proof or valuation is needed for a standard transfer

Please note: Meeting these criteria does not guarantee mortgage approval. All applications are subject to underwriting and affordability checks by the lender.

Instant Mortgage Quoting

Use the quick and simple quotation system to get a mortgage quote in seconds.

How the Application Process Work?

Applying for a mortgage through our service is straightforward

Book an Appointment

Book an appointment with one of our advisers to discuss your mortgage requirements. Be transparent about your situation so we make the whole journey much smoother for you.

Download MortgagX app

Download MortgagX app, fill in a few key details, select the recommended mortgage product, upload your documents and relax till we get your mortgage sorted.

Completion

Enter your new dream home!

Apply Now

Processing times vary depending on lender efficiency and individual case complexity.

Important Information And Regulatory Disclosure

Risk Warning

Your property may be repossessed if you do not keep up repayments on your mortgage.

FCA Authorisation

This service is provided by WIS Mortgages, which is authorised and regulated by the Financial Conduct Authority.

Fee & Commission Disclosure

We act as a mortgage intermediary and may receive commission from lenders. A fee may be payable for mortgage advice, which will be disclosed clearly in advance.

Adviser Disclosure

This content is for informational purposes and does not constitute personalised financial advice. Mortgage advice will be provided after assessing your individual circumstances.

Frequently Asked Questions

Find answers to some of the most common questions about mortgages, applications, and our services.

It’s when you switch to a new mortgage rate or deal with your existing lender, rather than remortgaging to a different provider.

We’ll help review your current deal, compare new rates your lender offers, and handle the paperwork to switch—usually with no credit checks or legal fees involved.

It depends. Transfers are faster and often simpler, but remortgaging to a new lender may offer better rates or features. We’ll help you weigh the options.

Yes, many lenders allow you to lock in a new rate up to 6 months in advance of your deal ending—helping you avoid SVRs.

It’s when you switch to a new deal with your current lender at the end of your fixed or introductory rate—without remortgaging to a different provider.

Often no. Most lenders don’t reassess affordability unless you're changing the loan amount or term.

It’s usually quicker than a remortgage—many transfers are processed within days of accepting the new rate.

Yes. Some lenders allow you to secure a new deal up to 3–6 months in advance, avoiding early repayment charges.

No. Unlike remortgaging to a new lender, no new credit check is typically required for a product transfer.

Some lenders allow additional borrowing, but this usually triggers a full application and affordability check.

Want to Talk it Through?

020 3011 1986 help@wismortgages.co.uk

We will be delighted to speak with you on the phone through our live chat feature now.

*Call us from Monday to Friday (9am to 6.30pm) and Saturday (9.30am - 3pm) We accept applications over the phone