Fee free
No valuation, solicitor, or product fee to pay.
No valuation, solicitor, or product fee to pay.
No new affordability or credit checks: it's quick and easy to switch.
We've a dedicated team on hand to support you if you need it.
You can switch to a new deal up to 17 weeks before your current rate or Early Repayment Charges end.
If you're on a fixed rate: up to 17 weeks before the end of your current fixed rate without incurring any Early Repayment Charges.
If you're on a term variable rate: up to 17 weeks before the end of your Early Repayment Charge period.
We'll get in touch with you around 4 months before your current rate ends with what new rates are available to you. There's a number of ways you can switch to a new rate with us.
If you're on the variable Aldermore Managed Rate (AMR) or Transition Rate (AMTR) you can switch at any time.
We’ll get in touch with you before your current fixed rate or discount period ends with what new rates are available to you. There’s a number of ways you can switch to a new rate with us.
Switch using our online form
Switch online using our online request form. Just select "I want to switch my rate" from the drop down list.
Contact your broker.
They’ll be happy to take you through the switching process.
Apply online using our online switch application portal.
We’ve introduced a new online option for some of our customers to request a product switch. If you’re eligible, you’ll receive emails up to 6 months before your current deal ends, reminding you of your future rate change. These emails will include a link that will allow you to log-on to our new online portal. At around 4 months before your current rate expires, you’ll be able to see what new rates are available to you and complete a switch application.
Apply by email or post.
We’ll send you a letter around 17 weeks before the end of your current rate to let you know what your rate options are. To apply for a new deal, just fill in the attached form, making sure to tick where applicable and sign the declaration. You can email it back to us at product.switch@aldermore.co.uk. We accept a clear scan or picture of the forms. Alternatively, you can post it back to us in the pre-paid envelope we’ve provided. We’ll then send you a mortgage offer after we receive your application. You can accept your offer by signing and returning your offer acceptance form by email or post, or you can call us.
Call our team.
Get in touch with us on 0333 321 1000 and follow the instructions from option 2 (Mon-Fri, 9am-5pm)
If you’d like to switch your mortgage for the next calendar month, you’ll need to complete your product switch no later than 15 working days before your next direct debit date. We’ll then have enough time to set this up for you. For more information, read our FAQs about making changes to your mortgage.
As long as your mortgage payment are up to date, you can be considered for a product switch.
If you've taken a mortgage payment break, your agreed missed payment during your payment break won't affect your ability to switch.
You can't be making any other changes to your mortgage and just switching your current rate.
You can't have any ground rent arrears on your buy to let account(s) with us.
If you’d like to switch, we offer product switches on an ‘execution only’ basis. This means you’re responsible for choosing a mortgage that’s right for you. You won’t receive any advice or a recommendation from us. If you’d like advice and a recommendation based on your needs and circumstances, you can contact a broker who’ll help you find the right mortgage.
You can find a mortgage broker by searching online or by asking friends or family for personal recommendations. Don’t forget to check they're registered with the FCA. You can do this by searching the FCA register.
Subject to status. Your mortgage is secured on your property. Your property may be repossessed if you do not keep up repayments.