Switch your mortgage to a new deal online

You can switch online if:

• You have a repayment mortgage with a Total Current Balance under £1,000,000.00
• You do not want to change your mortgage amount, term or repayment basis
• Your mortgage is not a Buy-to-Let and you do not have Permission-to-Let on your current mortgage
• You do not have a Graduate, Key Worker, Lifetime, Retirement Home Plan or International mortgage
• There is no guarantor against your mortgage
• Your account is not currently in arrears
• You have no early repayment charges to pay or you are within 6 months of your current deal expiring
• You have not changed your address or Direct Debit account details in the last 90 days

If you’re not sure if you meet the above criteria please call us on 0345 845 0440. Our lines are open 8am to 6pm Monday to Friday (Wednesdays from 10am).

Steps to switching your deal online

Complete the online form which should take about 10 minutes to complete.

Our mortgage team will review your request then send you a Mortgage Offer containing details of your new mortgage deal. When you’ve received your Mortgage Offer, you’ll need to log back in to confirm that you want to go ahead with the switch. Your Mortgage Offer documents will explain how to do this.

We’ll inform you once we’ve completed the switch and tell you when your new monthly payments will start.

Privacy Notice

It is important that you understand how the personal information you give us will be used. Therefore please read our short privacy notice below before continuing with this application.

Note: The words ‘you’ and ‘your’ refer to the applicant(s) and may be taken to mean the plural as well as the singular. The word ‘our’, ‘we’ and ‘us’ refer to Scottish Widows Bank.

Privacy Notice Who looks after your personal information Your personal information will be held by Scottish Widows Bank, a trading name of Lloyds Bank plc, which is part of the Lloyds Banking Group. More information on the Group can be found at www.lloydsbankinggroup.com How we use your personal information We will use your personal information: - to provide products and services, manage your relationship with us and comply with any laws or regulations we are subject to (for example the laws that prevent financial crime or the regulatory requirements governing the products we offer). - for other purposes including improving our services, exercising our rights in relation to agreements and contracts and identifying products and services that may be of interest. To support us with the above we analyse information we know about you and how you use our products and services, including some automated decision making. You can find out more about how we do this, and in what circumstances you can ask us to stop, at the following link - http://www.scottishwidows.co.uk/bank/savings/full_privacy_notice.html Who we share your personal information with Your personal information will be shared within Lloyds Banking Group and other companies that provide services to you or us, so that we and any other companies in the Group can look after your relationship with us. By sharing this information it enables us to run accounts and policies, and provide products and services efficiently. This processing may include activities which take place outside of the European Economic Area. If this is the case we will ensure appropriate safeguards are in place to protect your personal information. You can find out more about how we share your information with credit reference and fraud agencies below and can access more information about how else we share your personal information here - http://www.scottishwidows.co.uk/bank/savings/full_privacy_notice.html Where we collect your personal information from We will collect personal information about you from a number of sources including: - information given to us on application forms, when you talk to us in branch, over the phone or through the device you use and when new services are requested. - from analysis of how you operate our products and services, including the frequency, nature, location, origin and recipients of any payments. - from, or through, other organisations (for example card associations, credit reference agencies, insurance companies, retailers, comparison websites, social media and fraud prevention agencies). -In certain circumstances we may also use information about health or criminal convictions but we will only do this where allowed by law or if you give us your consent. For more information about where we collect personal information about you from click here - http://www.scottishwidows.co.uk/bank/savings/full_privacy_notice.html Do you have to give us your personal information We may be required by law, or as a consequence of any contractual relationship we have, to collect certain personal information. If you fail to provide this information to us it may prevent or delay us fulfilling these obligations or performing services which may prevent us operating accounts or policies. What rights you have over your personal information The law gives you a number of rights in relation to your personal information including: - The right to access the personal information we have about you. This includes information from application forms, statements, correspondence and call recordings. - The right to get us to correct personal information that is wrong or incomplete. - In certain circumstances, the right to ask us to stop using or delete your personal information. - From 25 May 2018 you will have the right to receive any personal information we have collected from you in an easily re-usable format when it's processed on certain grounds, such as consent or for contractual reasons. You can also ask us to pass this information on to another organisation You can find out more about these rights and how you can exercise them in our full privacy notice - http://www.scottishwidows.co.uk/bank/savings/full_privacy_notice.html Other individuals you have financial links with We may also collect personal information about other individuals who you have a financial link with. This may include people who you have joint accounts or policies with such as your partner/spouse, dependents, beneficiaries or people you have commercial links to, for example other directors or officers of your company. We will collect this information to assess any applications, provide the services requested and to carry out credit reference and fraud prevention checks. You can find out more about how we process personal information about individuals with whom you have a financial link in our full privacy notice - http://www.scottishwidows.co.uk/bank/savings/full_privacy_notice.html How we use credit reference agencies In order to process your application we may supply your personal information to credit reference agencies (CRAs) including how you use our products and services and they will give us information about you, such as about your financial history. We do this to assess creditworthiness and product suitability, check your identity, manage your account, trace and recover debts and prevent criminal activity. We may also continue to exchange information about you with CRAs on an ongoing basis, including about your settled accounts and any debts not fully repaid on time, information on funds going into the account, the balance on the account and, if you borrow, details of your repayments or whether you repay in full and on time. CRAs will share your information with other organisations, for example other organisations you ask to provide you with products and services. Your data will also be linked to the data of any joint applicants or other financial associates as explained above. You can find out more about the identities of the CRAs, and the ways in which they use and share personal information, in our full privacy notice - http://www.scottishwidows.co.uk/bank/savings/full_privacy_notice.html How we use fraud prevention agencies The personal information we have collected from you and any one you have a financial link with may be shared with fraud prevention agencies who will use it to prevent fraud and money-laundering and to verify your identity. If fraud is detected, you could be refused certain services, finance or employment. Further details of how your information will be used by us and these fraud prevention agencies, and your data protection rights, can be found here - http://www.scottishwidows.co.uk/bank/savings/full_privacy_notice.html Our full privacy notice It is important that you understand how the personal information you give us will be used. Therefore, we strongly advise that you read our full privacy notice, which you can find at -http://www.scottishwidows.co.uk/bank/savings/full_privacy_notice.html or you can ask us for a copy. How you can contact us If you have any questions or require more information about how we use your personal information please contact us using https://www.scottishwidows.co.uk/secure/forms/bank/global/product-enquiries. You can also call us on 0345 845 0829 (or 0044 131 655 2000 from overseas). If you feel we have not answered your question Lloyds Banking Group has a Group Data Privacy Officer, who you can contact on 0345 845 0829 (or 0044 131 655 2000 from overseas) and tell us you want to speak to our Data Privacy Officer. Version Control This notice was last updated in February 2018.

Enter your current mortgage details

 

Important Information to Consider

As part of this service we will not provide any advice on your choice of product, but will carry out your instructions, so it’s important that you’re aware of and understand some key points, which could affect your decision.

The product you can choose will depend on your existing borrowing amount and our assessment of your Loan-to-Value(LTV). Details of products for each LTV bracket are available on our website. If you are close to a LTV boundary, you may be able to get a better product by making an additional payment or by arranging for an updated property valuation. You should consider this when you are shown the products you’re eligible for on the next page. Please contact our mortgage advisers using the details below if you need more guidance on how to make a payment.

The product you choose could make your monthly payment amount increase. You should be sure you can afford the new monthly payment and you understand what interest rate it will move to at the end of the product rate period. You should also consider if you can afford the new monthly payments in the future, taking into account other changes to your finances. Please note that the new monthly payment may differ from that shown here depending on the actual date of the product switch.

IF YOU DECIDE YOU ARE NOT COMFORTABLE SELECTING YOUR OWN PRODUCT, YOU CAN LEAVE THE ONLINE PROCESS AT ANY TIME AND SEEK INDEPENDENT MORTGAGE ADVICE.

We will provide an execution-only service. This means we will not give you any advice, assess the suitability of, or recommend a mortgage for you.

We will not charge you a fee for the execution-only service.

We offer a limited range of residential mortgages from Scottish Widows Bank, a division of Lloyds Bank plc, and only offer first charge mortgages.

The information we provide only covers the Scottish Widows Bank mortgages we offer online. It does not cover those available through mortgage brokers.

Consent

By continuing with this application online I will receive an execution-only service. This means that Scottish Widows Bank will not give any advice, assess the suitability of, or recommend any new product to me. You will offer me products from your product transfer range based on your assessment of my Loan-to-Value. I will be responsible for making my own choice of product which means I will not benefit from the regulatory protection I would get from receiving advice.

I note that you only offer mortgages from Scottish Widows Bank.

For your own benefit and protection you should read this consent carefully before continuing with this application online. If you do not understand any point please ask for further information before you continue.