Switching made simple
Switching your existing Sainsbury’s Bank Residential Mortgage to a new product with us could save you time, money and hassle.
Please note you cannot complete a product switch online if you have more than 90 days left on your current deal. However, if you would like to make an appointment to speak to an adviser call us on 0345 111 8020**
If you want to pre book a new rate up to 3 months in advance to coincide with your current rate expiring, please call the number below. Otherwise, if you want your new rate to start without delay, select the ‘switch rate’ tab at the top of the page.
Our lines are open: Monday to Friday, 8am – 8pm, Saturday, 9am – 1pm and closed Sunday.
Why you should switch
You already know us. And we already know you. But just to remind you – here are some of the reasons our flexible mortgages may work for you:
A choice of mortgage products
Underpay or overpay on your mortgage
Make overpayments on your mortgage which may allow you to pay it off quicker, reduce your monthly payments in part or full. Find out more about our flexible mortgage payment options.
Switch with us within 90 days of your rate expiring and you won’t pay any early repayment charges
No legal or valuation fees
As long as you’re making a simple switch with no other changes
Am I able to switch?
As you’ve already got a mortgage with us, switching should be super simple. There are some things we’ll need to double check though – just to make sure you’re eligible to switch.
You can apply to switch to another mortgage product with us as long as:
You’re an existing Sainsbury’s Bank Residential Mortgage customer
This is the main Mortgage on your property (sometimes called a first charge or primary Mortgage)
You are up-to-date with your Mortgage payments
You have the consent of all applicants to complete the switch (if you’ve got a joint Mortgage)
You took out your Mortgage after 2016
The Mortgage you are looking to switch is not let out under a ‘Consent to Let’
The Mortgage you are looking to switch is not a Buy to Let or Consumer Buy to Let Mortgage
How to switch
Switching your existing residential mortgage is simple. As we have all your details to hand, it won't take long at all.
If you feel you need further help and support with your switch and getting advice would benefit you, please give a call on the number below and our qualified mortgage advisers would be happy to take you through your options.