Product transfer

Is your customer looking to transfer their mortgage rate? 

We're right here for your existing customers. 

Product transfer

If your customer is looking to transfer their rate, check out our existing customer range.

View our products

How does it work?

All you need to do is log into our award winning application system and select a new product. We’ll send you and your customer an Offer within five working days.  

And to make it easier, you can book a product transfer for your customer up to four months early. Your customer's new interest rate will start on the expiry of their promotional period.

See our process flow with details of how to submit applications.

Why transfer?

  • Quick and easy. Apply in 10 minutes.
  • No legal fees
  • No Valuation Fee
  • If a Product Fee is due, it can either be paid before completion or added to the loan
  • Products available with no Product Fee
  • No paperwork. The application can progress straight to offer
  • Early booking up to four months before the end of your customer's promotional period
  • No proof of income needed
  • Reduce the mortgage term at the same time
  • Plus, you receive a proc fee.

What do you need to do?

  1. Make sure you're registered and able to submit business with Bank of Ireland for Intermediaries so we can verify you. Check our distribution page for more information
  2. Check your customer has a mortgage with Bank of Ireland. Your customer may have a Bank of Ireland branded mortgage document, but they might have originally applied through one of our partner brands. Call us to check on 0345 266 8928*
  3. Take a look at our existing customer product range
  4. Obtain a Mortgage Illustration from your sourcing system**
  5. Apply online now by clicking on the relevant button below
    You’ll need the following information about your customer:
    • 10 digit mortgage account number (can be found on their annual mortgage statement)
    • Postcode of the mortgaged property
    • First name, surname and DOB (for one customer)
    • No. of people named on the mortgage
    • Last month’s contractual mortgage payment - must be correct to the penny
  6. You can choose how you and your customer would like to receive the Offer - post or email
  7. The Offer is valid for 30 days. Your customer will need to sign and return the Offer within this time to secure the rate.

**Alternatively, if you'd like us to produce a Mortgage Illustration for you, just request one in our application system. We aim to upload the Mortgage Illustration to the case documents tab within three working days. Just remember that you'll need to apply after you've received the illustration by starting the transfer process again.

You can apply now and use the mortgage offer for your illustration for compliance purposes.

If you have any questions call our enquiry line on 0345 266 8928*.

 

Product transfer

If your customer is looking to transfer their rate, check out our existing customer range.

View our products