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Old 11.09.2019, 23:26
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Re: Mortgage question. First tranche expires

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From UBS page encouraging switching to them:

"I have several fixed-rate mortgages with different maturities. Can I still switch them?
Yes, this is possible. Since the mortgage notes acting as collateral are often not tied to individual mortgage tranches, they can either be released early to the repaying bank in exchange for a promise to pay, or divided up, which will result in certain costs (generally borne by the client).
We will be happy to support you when you repay your mortgage and switch to UBS."

I assume this would work the same way in reverse.

This maybe the case, but they will make you pay heavily for the privilege and it needs to be included in the wording of the agreement.
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