How it works

We make moving your mortgage deal easy

By letting us move your current mortgage deal to your new home, (usually known as ‘porting’) you could save yourself hassle, time and money. We take care of all the paperwork and processing - and make sure everything is done how you want it and when you want it. Even better, all our special promotional rates can be transferred (subject to our lending criteria still being met) – no matter what kind of mortgage you have with us.

Download a guide of the key information on Moving House and Porting your mortgage rate (PDF)

Our easy guide to Porting your current deal.

Because different customers have different circumstances we offer a variety of ways in which to help you. Simply follow our step-by-step guide to find the way that best suits you.

Are you still within the special promotional period of your current deal where you’ll have to pay Early Repayment Charges (ERCs)?

Please call one of our Mortgage Specialists in our Direct Mortgages Department to discuss your options on 0845 603 6096*

You can port your current mortgage rate to your new property and carry over any discounts or special conditions. You also carry over your ERCs and any tie-in periods.

Please note.

You are porting your mortgage rate only. A mortgage loan is secured on a particular property. You will need to apply for a new mortgage loan for your new property as it will be unknown to us. Your circumstances may also have changed since you last agreed a mortgage with us.

More good news if you answered ‘Yes’ to the above

To be as flexible as possible, we have two ways of moving your existing mortgage deal to your new property. Whichever way is used will depend on whether you can complete on your new mortgage (for your new address) at the same time as you redeem your existing mortgage (on your current address).

Simultaneous move

If you're able to complete and redeem at the same time our Simultaneous Port Process will stop you having to pay any Early Repayment Charges (ERCs) up front. To benefit from this saving, an Early Repayment Waiver Form has to be completed and returned in advance, together with your application form for your new mortgage.

Non-simultaneous move

If you can't complete and redeem at the same time you will be able to use our Non Simultaneous Port Process that gives you the benefit of a three month 'window'. This is subject to us receiving your application form for your new mortgage before redeeming your old mortgage.

In this case, all Early Repayment Charges will have to be paid on redemption of your current mortgage BUT WILL BE REFUNDED IN FULL if the new mortgage completes within three months. So you don't lose out - subject to your borrowing remaining the same. Please ask one of our mortgage specialists for more information if you are reducing or increasing the amount you want to borrow.

Key information

All of our rates can be transferred when moving house, but:

  • You must transfer your rate to the same type of mortgage that it was originally designed for (E.g. residential to residential, or Buy to Let to Buy to Let).
  • If your new mortgage is smaller than your old mortgage, you will not be able to use the Early Repayment Waiver Form and any early Repayment Charge refund will be proportional to the balance.

The chance to extend your borrowing

Depending on your circumstance you may, if you want, be able to increase your mortgage and borrow more money at another great promotional rate.

This will obviously depend on a number of factors such as whether your income has changed since you last arranged your mortgage and the purchase price of your new property (as this last point could affect your deal Loan To Value (LTV).

You can get an indication of what your new borrowing figure might be, and any further information you may want, by calling our

Direct Mortgages Department on

0845 603 6096*