FAQs

Can I really arrange my product transfer at SwitchRates.com?

Yes. SwitchRates is owned and operated by Lambridge Finance. We are UK based and have been giving mortgage advice for 20 years. Our registration number with the Financial Conduct Authority is 302857.

Will you charge me a fee?

No. However, some mortgage products have a lenders arrangement fee. We will recommend a product with a fee only when the interest rate is low enough to save you more than the fee amount over the fixed term.

Do I have to pass a credit check?

No. A credit check will not take place because you are not seeking to borrow more money. You will be accepted if your mortgage has been conducted in a satisfactory manner.

Is the process instant?

After confirming your eligibilty we will email a new style Key Facts Illustration, now called ESIS (European Standard Information Sheet) for your approval. Then your lender will write directly to you confirming full details of your new rate.