If you already have a C&G mortgage and are looking to switch to a new deal, you might have some questions - so we've listed a few of the most common ones here. If you cannot find the information you are looking for, please feel free to ask us a question.
In most cases your interest rate may switch to the Standard Variable Mortgage Rate, which at that time could be higher or lower than the rate you will have been paying and may vary over the remaining term of your mortgage. See the current Standard Variable Mortgage Rate.
It’s easy for existing mortgage customers to switch to a new deal. You can request a deal online, call us or visit your local branch.
You can only ask to switch your deal up to a maximum of 10 weeks before your current deal expires. If you do it before this period, you might have to pay an Early Repayment Charge.
Any fees that apply to the new deal will be added to your new mortgage. You can then pay the fee(s) off if you want to, or leave them on your mortgage to spread the cost. If you pay them off within 30 days of the start of your mortgage, no interest will be charged on them. If you leave them on your mortgage, interest will be charged on them as part of your main mortgage. For more information, see a list of our fees and charges
Once you told us the new deal you want, all the paperwork you need will be with you in seven working days.
Your new deal will usually take effect five working days after we have received your signed offer.
You must request a new deal by the 12th of the month before the month in which you want the deal to start.
If you have more questions about your current mortgage please ask us a question or contact us.
Copyright © 2008 Cheltenham & Gloucester plc. All rights reserved.
C&G mortgages are provided by Lloyds TSB Bank plc and administered by us, Cheltenham & Gloucester plc. Registered office: Barnett Way, Gloucester, GL4 3RL. Registered in England and Wales No.2299428. Cheltenham & Gloucester plc is authorised and regulated by the Financial Services Authority and a signatory to the Banking Codes.
You must be at least 18 years old to take out a loan. Before agreeing a loan Lloyds TSB Bank plc will want to satisfy themselves about the suitability of your application. This will include assessing your ability to afford the payments and, normally, valuing the property.
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