BM Policy Deep Dive / Product Transfer / Extended PT Dates
Product Transfer Six Month Forwarding Date
From 05/12/2022 all existing Birmingham Midshires customers can select and secure a new product from up to 6 months in advance of their existing product expiry.
This is a change from the current 3 month forwarding date which is presently in place.
This will allow customers to forward plan in anticipation of potential future rate rises.
Note. Whilst you can now select a new rate 6 months in advance, you can only activate the product 3 months in advance and as per current policy, no early payment penalties will be due if switching 3 months in advance.
|Product Expiry Date||Earliest Future Date for Application||Earliest Product Transfer Rate (fees waived)|
|31st January||1st August||1st November|
|31st March||1st October||1st of January|
|30th June||1st January||1st April|