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Moving Home Mortgages

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Moving Home Mortgages2024-09-30T13:56:38+01:00

Welcome to your trusted resource for
seamless transitions when moving home

Whether you’re looking to transfer your current mortgage or find a new deal, we’ve gathered essential insights and tools to support your move. From mortgage calculators to easy appointment booking, everything you need is here to help you take the next step towards your new home with confidence.

Book an Appointment

Ready to make your mortgage journey seamless? Book an appointment with our award-winning team through our online booking system today.

OUR FEES

Home Mover fees are typically £449. For complex or adverse credit cases the fee will be £649. This fee is payable on the production of your mortgage offer.

If we charge you a fee and your mortgage does not complete then we will not charge another fee for a further application. The fee is non refundable.

We will also be paid a procuration fee by the lender. The amount of the procuration fee will be disclosed to you. You have the right to ask us to provide information on the range of procuration fees that the lenders on our panels offer to us.

If an application is submitted to a lender via a packager (a 3rd party specialist) we will be paid commission by the packager. This will be disclosed to you.

Mortgage Repayment Calculator

Curious about your monthly mortgage costs? Try our easy-to-use mortgage calculator and get a quick estimate tailored to how much you would like to borrow.

Please note that your home may be repossessed if you do not keep up repayments on your mortgage.

Basic Mortgage Calculator

Input

£.00
4%
0%20%
30years
1years50years

£ 1,432.25

This information is a guide only and should not be relied on as a recommendation or advice that any particular mortgage is suitable for you. All mortgages are subject to the applicant(s) meeting the eligibility criteria of the specific lender. You should make an appointment to receive mortgage advice which will based on your needs and circumstances.

AWARD WINNING CUSTOMER SERVICE

Customer Reviews

Ian and Stuart were brilliant at explaining every step of buying our first home, they took the time to help us understand the new world of mortgages and every single thing that comes with buying a house, they kept in touch every step of the way and were in the loop with everything making our buying experience second to none.

Lyndsey Cartwright, Nov 21

Useful Resources

We understand the daunting nature of navigating the property market for the first time. That’s why we’ve created this section to offer a range of informative articles and free downloadable guides designed to arm you with the knowledge and confidence needed to make informed decisions throughout the process.

Articles

Key Questions Answered

Here are some answers to the more common questions we get asked. If you would like to know how these factors might affect you specifically, book a initial consultation with one of our award winning team.

Can I transfer my current mortgage to a new property?

Yes, this process is known as porting your mortgage. If your lender allows it, you can transfer your existing mortgage to your new home. However, you’ll need to meet the lender’s criteria, and your new property must be acceptable as security for the loan.

Will I need a new mortgage if my current one isn’t portable?

If your mortgage isn’t portable, or if you need additional funds, you’ll need to apply for a new mortgage. This could be with your existing lender or a new one, depending on the best rates and terms available for your circumstances.

Can I borrow more money when moving to a new home?

Yes, you can borrow more money when moving, but this will depend on your financial situation, the value of the new property, and the lender’s criteria. You may need to apply for a new mortgage or top up your existing one if you’re porting.

What happens if my new home is more expensive than my current one?

If your new home is more expensive, you may need to take out an additional mortgage or increase your existing one if porting. This will depend on your affordability and the lender’s criteria, so it’s important to assess your finances before making an offer.

What are the costs involved in moving my mortgage to a new property?

Costs can include valuation fees, legal fees, and potentially early repayment charges if you exit your current mortgage deal early. Some lenders also charge arrangement fees for a new mortgage. It’s important to factor these costs into your budget when planning your move.

How does my credit score affect my ability to get a moving mortgage?

Your credit score plays a significant role in securing a mortgage when moving. Lenders will assess your credit history to determine your reliability as a borrower. A strong credit score can help you access better mortgage deals, so it’s important to maintain good credit health.

Can I move to a more expensive property if I’m still within a fixed-rate mortgage?

You can move, but if you’re within a fixed-rate period, you may face early repayment charges for ending the mortgage early. If your mortgage is portable, you might be able to transfer it to the new property without incurring these fees, subject to lender approval.

What happens if my current property doesn’t sell before I move?

If your current property doesn’t sell before you move, you might need to consider a bridging loan to cover the gap between buying your new home and selling the old one. This is a short-term solution, but it’s important to understand the costs and risks involved.

How do I know if I’m eligible for a new mortgage when moving?

Eligibility for a new mortgage depends on factors like your income, outgoings, credit score, and the value of the new property. A mortgage advisor can help you assess your situation and find the best options available based on your specific circumstances.

What should I consider when choosing a lender for my moving mortgage?

When choosing a lender, consider factors like interest rates, fees, flexibility (e.g., overpayments and porting options), and customer service. It’s also worth comparing both your current lender’s offer and deals from other providers to ensure you’re getting the best terms for your move.

Information Booklets to Download

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