Santander allowing brokers to complete existing customer mortgage product transfers
Santander for Intermediaries has opened up its existing customer product transfer system to allow brokers to arrange new mortgage rates for clients.
The bank has beeen writing to some existing customers up to six months before their rate expires offering new terms – even if they had early repayment charges.
Aaron Strutt, product director at Trinity Financial, says: “If you are one of Santander’s existing residential or buy-to-let mortgage customers, Trinity can log into the bank's existing customer online mortgage transfer service and find out the rates available to you.
“Our brokers can then research the market and find out if there are any better deals available to you.”
Santander will not typically ask customers to demonstrate their income for affordability assessments again, and there will not be any valuation or legal fees. They do not carry out a credit search or change the direct debit instruction.”
If you are an existing Santander customer looking to change rates, call Trinity on 020 7016 0790.
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