Why you’re stuck
NRAM / ex‑Northern Rock is part of the closed‑book market. Closed‑book servicers typically don’t offer new products or further advances. Instead of a product transfer, the practical route is to switch to an active lender.
Your switch options
- MAA (Modified Affordability Assessment): like‑for‑like balance; based on payment history; new deal must be cheaper.
- RIO (55+): later‑life interest‑only; affordability and LTV still apply.
Quick eligibility check
- Up‑to‑date on payments (last 12–24 months)
- No extra borrowing under MAA (like‑for‑like)
- Not moving home
- Lower LTVs help (e.g., ≤ 60%)
- Ages 55+ may fit RIO route
What we’ll need
- Latest mortgage statement + 12m payment history
- 3–6m bank statements
- Pension/income evidence
- Photo ID + proof of address
Useful specifics
- NRAM borrowers are commonly impacted by the closed‑book market and legacy terms.
- We help you switch to an active lender using MAA where available, or assess RIO for 55+.
- We’re independent and not affiliated with NRAM or any successor administrators.
FAQ’s
Can ex‑NRAM borrowers use MAA?
If you’re up‑to‑date and the new deal is cheaper, some lenders will consider an MAA switch.
What if my LTV is higher?
We’ll check lender limits; sometimes a small capital reduction can improve eligibility.
Do you handle the whole process?
Yes — from eligibility and illustrations to application packaging and lender liaison.
Get your free eligibility check
Compliance
- No advice implied until a suitability assessment is completed.
- MAA availability and lender participation vary over time.
- Your home may be repossessed if you do not keep up repayments on your mortgage.