Frequently Asked Questions

Frequently Asked Questions Index

1. What has happened to my mortgage with Bradford & Bingley?
2. Will my mortgage rate be hiked up now the business does not need to be competitve?
3. I have accepted a mortgage offer from Bradford & Bingley, and I am due to complete on my house purchase shortly. What should I do?
4. I have an outstanding mortgage offer from Bradford & Bingley. Is it still valid?
5. I have completed an application for a mortgage from Bradford & Bingley but have not yet received a response. What should I do?
6. I want to pay a part of my mortgage early but I've heard that I wouldn't benefit until the end of year is this true?
7. I've got a mortgage with you and I am getting married, can I add my partner to my mortgage?
8. Are there any other costs associated with my mortgage?

What has happened to my mortgage with Bradford & Bingley?

Your mortgage remains in place on the terms agreed with Bradford & Bingley. You continue to owe the same amounts to Bradford & Bingley under your mortgage as you did before, and so you should continue to pay Bradford & Bingley in the usual way. Amounts due on the mortgage under direct debit or standing orders will be paid from your usual account to Bradford & Bingley.

The only change you will see is that you will no longer be able to go into a B&B branch to see a mortgage adviser to discuss your existing mortgage - instead, you can contact us on 0870 607 2072*.

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Will my mortgage rate be hiked up now the business does not need to be competitve?

Your mortgage will continue on its current terms and conditions.

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I have accepted a mortgage offer from Bradford & Bingley, and I am due to complete on my house purchase shortly. What should I do?

Bradford & Bingley will honour all mortgage offers it has issued. If you are one of those customers, then you do not need to worry – you will be able to complete your house purchase and you will owe Bradford & Bingley the relevant amount under your mortgage. You should put in place appropriate arrangements to make mortgage repayments to Bradford & Bingley, together with any other financial arrangements which may be relevant.

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I have an outstanding mortgage offer from Bradford & Bingley. Is it still valid?

Yes. If you have already received a mortgage offer from Bradford & Bingley, it remains valid.

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I have completed an application for a mortgage from Bradford & Bingley but have not yet received a response. What should I do?

Unfortunately, Bradford & Bingley is no longer offering new mortgages. If you have not received a response from Bradford & Bingley, then it is likely that no mortgage offer has been made.

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I want to pay a part of my mortgage early but I've heard that I wouldn't benefit until the end of year is this true?

No - You can make a capital repayment at anytime. For capital repayments over £500 your details will be automatically amended from the first of the month following your payment. A letter confirming the new details of your account will then be sent to you. For capital repayments of less than £500, no confirmation letter will be sent, but can be issued on request.   

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I've got a mortgage with you and I am getting married, can I add my partner to my mortgage?

Possibly, subject to status. If you contact our Lending Helpdesk on 0870 607 2072*, they'll guide you through your options.

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Are there any other costs associated with my mortgage?

Please see Fees & Charges page for a comprehensive explanation of all our fees and charges related to your account.(requires Adobe Acrobat Reader).

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