Mortgage porting

All our mortgage products can be transferred to a new property (ported).

To produce a ported mortgage illustration for your client(s), we will need a consent to release information form signed by you and your client. For mortgages in joint names, we need each borrower to sign. This is to comply with the Data Protection Act.

Please scan and email the completed consent to release information form to mortgage.processing@thenottingham.com

When we receive the form we will fax you a summary of the existing mortgage account, so you can talk to your client(s) about their mortgage options.

When you receive the summary of the existing mortgage account you can complete and submit a paper based mortgage application.

If your clients wish to borrow additional money, they may choose a product from our current product range for the top up.

If you need to speak to someone about this information please contact our intermediary enquiry line on 0344 481 0029, option 2. 

When porting with us, a new mortgage application has to be in with us before their original property is sold. Your client cannot complete on the original mortgage then submit a new application to us later. The client will have to pay the ERC on completion of the original mortgage. Then they have six months in which to complete on that new mortgage.

When your client completes on the new mortgage they get an automatic full refund of the ERC paid (or partial if reducing borrowing amount) on the original mortgage. Your client doesn’t have to do anything however if they haven’t seen it come through within a couple of weeks of completing they can always call us directly on 0344 481 1224 where a member of our team will be happy to help.