Product transfer

The Society permits intermediaries, with their client’s consent, to assist with arranging a rentention product.

We will normally write to a borrower three months before the expiry of their current deal to confirm their eligibility for a new scheme.

The borrower will need to provide written authority to the Society to enable us to release this information directly to their chosen intermediary.

Upon receipt of confirmation of acceptance of the intermediary’s recommendation, the Society will process the product transfer and arrange to pay a reduced procuration fee.