Portability

If a product is portable this is outlined in the original mortgage offer and supporting documentation.

Where TSB Standard Variable Rate is the reversionary rate which applies to the product being ported, it will continue to be the reversionary rate for the amount of the new mortgage which is on the ported product.

Any extra amount borrowed on the new mortgage must be on a current product and the reversionary rate which applies to that product and the amount on it will be the TSB Homeowner Variable Rate.