Virgin Money and Clydesdale Bank have confirmed changes to their product transfer proposition, reducing the application window from six months to four months.
The adjustment follows a review of the process and reflects a more stable rate environment, in which most customers now apply for a new deal within the last four months of their existing product.
The lenders said the new timeframe will continue to provide borrowers with sufficient time to secure a new product ahead of maturity while allowing advisers to support their clients effectively.
Under the changes, customers with products ending on 28th February 2026 will be able to apply for a product transfer from 1st November 2025, four months before the end of their current deal.
Customers with products ending earlier, such as those maturing on 31st January 2026, remain unaffected and can apply under the existing arrangements.
The revised schedule means that customers with products ending on 31st March 2026 can apply from 1st December 2025, while those with products maturing on 30th April 2026 will have access to transfers from 1st January 2026.
To ensure new rates are in place at the point their current product ends, applications must be submitted by the 10th of the month before expiry for Virgin Money and by the 15th for Clydesdale Bank.
