Why you’re stuck
Hyalite Mortgages (Topaz Finance) operates in, services or is associated with closed‑book mortgage portfolios that typically do not offer new products or further advances. 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
- Hyalite is a Topaz Finance‑related servicing brand in the closed‑book context.
- We prioritise a like‑for‑like, cheaper switch via MAA; for 55+, we assess RIO.
- We’re independent and not affiliated with Hyalite or Topaz Finance.
FAQ’s
Do I qualify if I had historic arrears?
MAA generally requires clean recent payment history; we’ll still assess alternative routes if needed.
Can I fix for 5 years?
Yes, if the active lender’s affordability and criteria are met.
Will I need a valuation?
Most lenders require one; strong LTVs improve options.
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.
- Brand names used for context only; no affiliation implied.