Questions and Answers

Q. What would happen if I have an existing mortgage and want to move home?

A. If your offer states you can transfer your mortgage you will be able to transfer your existing mortgage to a new property, on a like for like basis, but you will not be able to apply for any additional borrowing. This will be subject to the lending policy at the time of your request.

If you require any general information regarding our mortgages please contact us on 0345 602 6200. Our telephone lines are open Monday to Friday from 8am to 8pm and Saturday 8am to 4pm. We are closed on Sundays.

Q. Will SJPB continue to offer a range of mortgage products for existing clients?

A. SJPB no longer offer any new mortgage lending, but existing clients may be able to port their existing mortgage. Please see above.

Q. Can I use the built-up reserve feature of my mortgage?

A. Yes. You can borrow the built-up reserve at any time. This is subject to underwriting and the terms and conditions of your mortgage.

Q. Can I continue to make overpayments to my mortgage?

A. Yes, you can to make regular or lump sum overpayments. If this results in you paying off the special rate loan early, any early repayment charges incurred will be charged.

Q. Can I still take a payment holiday on my mortgage?

A. Yes, but remember that payment holidays cannot be taken in the first six months or last three years of your mortgage. No more than two payment holidays can be taken in the same calendar year. Payment holidays will be subject to the lending policy at the time of the request.

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