If you want to leave Glasgow Credit Union but have an existing mortgage:
- You’ll need to redeem your mortgage (i.e., pay off the full amount), which usually happens during remortgaging to another lender or selling your property.
- You must request a mortgage redemption statement for the total amount due.
- Be aware of Early Repayment Charges (ERCs) if you're in a discounted variable or fixed-rate period — these will be disclosed in your original offer.
Articles in this section
- About Glasgow CU mortgages
- Mortgages for self employment
- What happens after my mortgage offer is issued
- Are there any hidden costs to your mortgage products
- Paying my mortgage early
- Does the Bank of England Base Rate affect my repayment
- How do I see my current interest rate and repayment value
- Can I change my mortgage rate
- What happens if I miss a payment on my mortgage
- I want to leave, what are my options