Why you’re stuck
Heliodor Mortgages (Topaz Finance) 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
- Heliodor is an inactive/closed‑book administrator; no new products are typically available.
- We help you compare multiple active-lender options and select a cheaper product.
- We’re independent and not affiliated with Heliodor/Topaz.
FAQ’s
Does Heliodor offer product transfers?
Closed‑book servicers typically do not offer new products or product transfers; we assess switching away to an active lender.
Do I need to borrow more?
Under MAA, the route is generally like‑for‑like balance. If you need extra funds, we’ll evaluate non‑MAA options.
What proof of payments do you need?
Your latest mortgage statement and a record of recent payments (12 months), plus bank statements where needed.
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.