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Coventry Building Society Product Transfer

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Hello there. 
Anyone know what questions Coventry Building Society use for a Product Transfer?

At the end of this year my fixed-rate deal is ending. 
Since it started four years ago, I'm earning less as my circumstances changed. 
I'm good at thrift, so this isn't necessarily a problem. 

My mortgage was never enormous for me, as even at my initial higher rate of pay, I chose to only borrow 2.9 times my salary. 
But my current earnings really are quite small, and although I can live on them perfectly well, it would perhaps be sensible for me to get a higher-paying job before my deal ends, especially if CBS do ask about earnings with product transfers. 
So I can either do that i.e. get a higher-paid job; or just continue with my low-stress, low-pay current job. 

Therefore I'm wondering what questions are asked with CBS product transfer, as my current earnings do look very small on paper. 
I would go down the online unadvised route for the product transfer. 

I'm also aware that the geopolitical situation might indirectly affect all of this by the end of the year anyway. 

Thanks for your help. 

Comments

  • dimbo61
    dimbo61 Posts: 13,727 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    https://www.coventrybuildingsociety.co.uk/member/mortgages/homeowners/existing-members/product-transfers.html

    Check out what they can offer you.
    If it's a straight product transfer they normally offer you a new deal without checks !
    So long as your not trying to borrow more or Extend or reduce the term
  • ACG
    ACG Posts: 24,545 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    I did my cousins about 4-5 months ago and we were asked:
    Name/Address
    New product details
    Is there a change of term
    Retirement age. 

    They were not making any changes to the term or loan amount. There may have been additional questions if you were to change anything other than the product. 

    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
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