Examples of brands seen in closed‑book contexts
- Heliodor (Topaz), Rosalite, Hessonite, Hyalite
- Landmark Mortgages, Bloom Homeloans
- NRAM / ex‑Northern Rock, Whistletree (TSB)
- Engage Credit (Pepper Group), Acenden
- SPML (Southern Pacific), Preferred Mortgages
- Mortgage Express (Bradford & Bingley)
- …and other legacy portfolios administered by third‑party servicers
Brand names are used for context; we are independent and not affiliated with any of the above.
Your switch options
- MAA (Modified Affordability Assessment): like‑for‑like balance; lighter affordability; new deal must be cheaper than current/retention.
- 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
- Preferred Mortgages is a legacy brand with loans now serviced by third parties; new products are typically unavailable.
- We target active lenders that apply MAA where criteria fit; otherwise we look at standard or RIO routes.
- We’re independent and not affiliated with Preferred Mortgages.
FAQ’s
Do you work directly with closed‑book servicers?
We’re an independent, FCA‑authorised broker. We place your case with active lenders that are accepting MAA or standard applications.
What if I want to raise extra funds?
Extra borrowing usually sits outside MAA; we’ll assess standard remortgage/second‑charge/RIO routes depending on your goals.
How long will it take?
Depends on lender capacity and conveyancing. Clean documentation accelerates decisions.
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.