Mortgage Product transfer has been the highest in the UK in the year 2018-2019

I hear aloud a Question…

“What is a Product Transfer?

(This is when many borrowers do not want to move to another lender and agree a deal with their current lender and stay with them for another 2, 3, or 5 year)

Yes, 2018 was a big year for customers engaging as a borrower. The market had enormously grown. There was a figure established by research which suggested almost 5 out of 10 borrowers either remortgaged or did a product transfer.

Mortgage product transfer has been the easiest and successful way of moving your mortgage with the same lender, all of customers who don’t wish to borrow or change any of the features and wish to remain with the current lender.

We At Rosebank Mortgage Brokers have been able to successfully transfer products for customers without any hassle, For more information please do not hesitate to contact us.