Mortgage Product Switches

Mortgage Product Switches

12:02 PM, 3rd August 2023, About 9 months ago

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Did you know that it is now possible to get ‘cashback’ when you do a product switch with your mortgage lender?

A product switch can be arranged between three and six months before your existing fixed rate comes to an end. Also, if the new product switch rates reduce in that time you will get the lower rate. However, if rates increase the lender is locked into the product switch rate they offered. Best of all, you’re not committed either way, so you’re effectively playing with a double-headed coin.

Best of all, product switches don’t usually involve a new valuation, there are usually no arrangement fees and there is no conveyancing required, thus saving on legal fees.

To get in touch with our recommended broker and discuss your options in confidence please use the form below.

Tell Me More About Cashback Mortgage Product Switching


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