Product Transfers

We value our relationship

At Skipton Intermediaries we truly value the relationship we have with you our brokers. We also recognise the time and effort that goes into each mortgage application when seeking out the best deal for the borrower. We now pay a procuration fee for retaining an existing borrower with us and you can complete product transfers using our eMortgage system.

How does it work?

The Skipton borrower will be eligible for our new business remortgage product range (excluding those with cashback), as well as our retention range (which has previously only been available to customers who have approached us directly). Both ranges will be available on your sourcing systems.

All the information that you need to complete the product transfer can be found on this page, so please take a moment to bookmark it for your convenience.

Who’s not eligible?

We want to make this available to as many Skipton borrowers as possible. However, there are some cases that will not be eligible. These include:

  • A request for additional funds
  • A change to the method of repayment
  • A change to the mortgage term
  • If an early repayment charge applies for any part of their mortgage
  • If any part of their mortgage is on interest only. (We will accept buy to let cases on interest only or part interest only.)

Any of the above won't stop a Skipton borrower from switching their mortgage, it just means they would need to go through the existing application process direct with us.

Download our step-by-step guide on how to request a transfer from your client’s existing Skipton mortgage, over to a new product using, our eMortgage system.

Frequently Asked Questions:

Are clients who I didn’t originally introduce to Skipton, eligible to use this service?

What consent will I need from my clients?

I’m not able to proceed. What should I do?

Will the request secure the mortgage product?

Where do I send the documents?

How will I know you’ve received the signed Mortgage Illustration?

When will the transfer take place?

How will I see the products that are available?

What does the borrower need to do?

Can I complete a transfer when there are more than 2 people named on the mortgage?

What valuation index is used? If my client doesn’t agree will you allow a revaluation?

If the LTV is over our product maximum, is there anything you can do?

When will the procuration fee be paid?

Which mortgage products are available on a product transfer?

Who should I contact if I have any additional questions?


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