Rate Switch

Rate Switch, our product transfer service, makes our mortgage offering even better.

For your clients, this means competitive rates with no legal fees.

And for you it means quick and easy applications you can track in real time on TSB Mortgage Pro.

Plus you earn proc fees.

Submit Rate Switches up to 3 months before the existing mortgage matures.

If you create, submit a case, and upload the required documents before the deadline (7 days before month end), then the new rate will take effect from the start of the selected month.

Rate Switch declarations can be signed and submitted digitally using our Adobe Sign process. This can be found in Guides and Forms.

The Rate Switch application will not be processed until all required documents are uploaded and accepted. 

You can cancel a Rate Switch application, as long as it is before the cancellation cut-off date, which is 14 days before the new rate becomes effective.

TSB mortgage product end dates are on the last calendar day of the month of expiry.

Whilst an applicant is on Temporary Interest Only (TIO), they can still apply for a Rate Switch. Please see our Rate Switch FAQs page for more information.

Additional Buy to Let Rate Switch information.

• Buy to Let customers who are living overseas will no longer be able to complete a Rate Switch application with TSB. This restriction is to ensure we maintain regulatory compliance with both UK and European law post Brexit.
• Buy to Let accounts with an overseas correspondence address have been identified and an indicator applied to their account. Customers will be informed of this change to criteria if they make a Rate Switch application.
• If a Buy to Let customer informs us that they now reside in the UK, the Rate Switch application will be progressed.

More information can be found at our Rate Switch FAQs page 

Find information on our Rate Switch products below: