The process to switch your mortgage rate on your Bluestone Mortgage is reasonably swift and hassle free when working with our team using our free service. You can secure your switch up to 90 days before your current Bluestone Mortgages product is due to end.
Eligibility to switch your Bluestone mortgage rate
To be eligible to switch your Bluestone mortgage rate you must:
- Be within 90 days of your current mortgage product expiry date, or already be on the Bluestone Mortgages Standard Variable Rate.
- Not be moving home.
- Not be borrowing additional funds.
- Not be adding or removing a borrower.
- Not be in mortgage arrears.
- Have made all mortgage payments on time during the previous 12 months.
How the Bluestone mortgage switch process works
Once you contact our team, we will review your mortgage and confirm which mortgage rates Bluestone Mortgages is prepared to offer. We will then help identify the most suitable mortgage product for your circumstances.
After you have selected your preferred mortgage rate, we will arrange for Bluestone Mortgages to issue a formal mortgage offer. You will have sufficient time to consider the offer before signing and returning the documentation so that your new mortgage rate can be put in place.
If you decide you would prefer a different mortgage rate before completion, we can apply to Bluestone Mortgages for a replacement mortgage offer.