Choose a New Product

Existing Abbey mortgage customers can pay their ERC in full and take any product from the current new business range for the full amount they want to borrow on their new property, subject to our current lending conditions.

However, if at the time of application, they have less than 6 months remaining until the product expiry date, they can take a product from the current new business range and we will waive 100% of the ERC as long as they borrow at least the same amount as their existing mortgage balance.

If the new mortgage amount is less than 100% of their current balance then they are eligible for a proportionate ERC waiver.

To benefit from the ERC waiver, you will need to advise the customer to tell their solicitor to deduct the ERC from the redemption monies.

We pay full proc fees on the total mortgage amount for existing mortgage customers moving home and staying with us.