Changing the names on a mortgage

• We'll charge an adminstration fee, which we'll refund if the transfer doesn't go ahead.  For up-to-date info, see our change of parties administration fee on our Tariff of Charges.  
• Depending on your circumstances, you may need to pay stamp duty to HM Revenue and Customs.  Your solicitor can let you know if you need to pay anything.
• If you keep your current rate, you won't need to pay an early repayment charge.

• You'll need to instruct your own solicitor to complete the legal work, who must be registered with Legal Marketing Services (LMS), so make sure you've discussed this with them first to make sure you're comfortable with their fees as prices can vary between firms.  
• It’s important that you let us know your solicitor details as soon as possible.  Please note, not all solicitors that deal with family matters will be able to deal with conveyancing as well.
• Your solicitor will do the legal work for you, they'll also give you an idea of timescales.  When we send out your mortgage offer, we'll let them know what we need from them.

• First you'll have a 30-minute chat with one of our Transfer of Title specialists over the phone to make sure your request is affordable and meets our criteria.  If, for any reason your application isn't successful, we'll discuss other options and help you understand your next steps.
• If we're happy to go ahead, you'll need to give us proof of your income and outgoings such as payslips and bank statements.
• You'll have a longer chat with one of our qualified mortgage advisers for about 2 hours over zoom so we can find the best mortgage for you.
• We'll need to complete a credit score assessment and you can check here for more information about this in our understanding your credit score guide.
• If your application is successful, we'll send you and your solicitor an 'Offer of Loan' which will confirm our loan terms.

We understand that this change to your mortgage may be needed due to a divorce or separation and this is never an easy time.  It can be messy, costly and often it’s difficult to know where to start when sorting out your finances.  To make things a little easier, we've put together a page for help with separation and divorce.

Yes, you can apply for a new rate, change your term, repayment type or borrow more money.  Early repayment charges may apply.