Product Transfer
Free Mortgage Product Transfer Service
At Drummonds Finance Group, we aim to advise and complete your product transfer quickly, and we won't charge you a broker fee. To get started all you need to do is completed the form and a broker will be in touch.
We understand that dealing with a mortgage can be time-consuming or daunting, but we take the pressure away.
Step 1: A broker will contact you and go through the details of your product switch.
Step 2: The broker will be your point of contact and will advise you on the best course of action.
Step 3: Once everything has been agreed the broker will then complete the product switch for you.
What Is a Product Transfer and is it right for me?
A product transfer is when you switch your current mortgage deal to a new one with the same lender. It’s often done when your existing deal (like a fixed rate or tracker) is about to end, and you want to avoid moving onto your lender’s usually higher Standard Variable Rate (SVR).
Instead of going through a full remortgage process with a new lender, you simply choose a new deal from your current lender’s range.
✅ Benefits of a Product Transfer
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Quick and easy – Often no need for solicitors or valuations.
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No credit check or affordability assessment (in many cases).
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Stay with a lender you already know and trust.
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Minimal paperwork – sometimes can be done in a few clicks.
🤔 Is a Product Transfer Right for Me?
A product transfer might be right for you if:
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You’re happy with your current lender.
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You want a simple, hassle-free switch.
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You may struggle to meet affordability checks with a new lender.
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You’re not looking to borrow more or change your mortgage term.
However, a remortgage to a new lender might offer better interest rates, more flexible terms, or extra borrowing options. It's worth comparing both before deciding.