Mortgage rate change

tony3619

Hey

My 2 year fixed rate with TSB is ending and im looking to sign up to another 2 year deal with TSB. 

Due to current circumstances I have to do this online, does anyone know how it works and what documentation I need etc. 

I ask here because it's hard getting through to TSB at the moment.

Many thanks

K_S

@tony3619 If your current fix is due to end within 3 months, you should be able to do a rate-switch online here https://mso-digitalrateswitch.mg.tsb.co.uk/home

Typically, rate-switches (also known as product switch or product transfer) involve no income verification, no affordability checks, no credit checks and no documentation.

MFWannabe

tony3619 said:

Hey

My 2 year fixed rate with TSB is ending and im looking to sign up to another 2 year deal with TSB. 

Due to current circumstances I have to do this online, does anyone know how it works and what documentation I need etc. 

I ask here because it's hard getting through to TSB at the moment.

Many thanks

It’s really easy to do. 

Check deals available and decide which you want 
Log into your account and select new deal 
Takes minutes 👍

[Deleted User]

K_S said:

Typically, rate-switches (also known as product switch or product transfer) involve no income verification, no affordability checks, no credit checks and no documentation.

To carry on the poetic theme here, they also involve no liability on the part of the lender for the choice you make in selecting your new rate

tony3619

Deleted_User said:

K_S said:

Typically, rate-switches (also known as product switch or product transfer) involve no income verification, no affordability checks, no credit checks and no documentation.

To carry on the poetic theme here, they also involve no liability on the part of the lender for the choice you make in selecting your new rate

I'm probably going to  give them a call to discuss but can you tell me what this means

..."For loans of up to 60% of the purchase price or valuation of the property, which ever is lower" 

They have various deals listed under different percentages and I don't know where to look

My property is shared ownership where I own 30 % so would the loan % be  of the part I own or the full value of the house?