Home movers

Moving home often means deciding what to do with your current deal while planning a new purchase. We help you see how the figures fit together and what options may be available before you commit.

What happens to my existing mortgage?

Depending on the lender and the terms of your deal, you may be able to apply to port it to the new property. Porting is not automatic: the lender will reassess your circumstances and the property. We can also compare a new deal, including any early repayment charge and other costs.

Work out your new budget

The price of your next home is only one part of the calculation. We consider sale proceeds, any outstanding mortgage, deposit, borrowing needs, moving costs and the monthly payment you are comfortable with. Lender affordability criteria determine what they may offer.

Coordinate the mortgage with the move

A sale and purchase can change pace quickly. We help prepare the mortgage application, liaise with the lender on mortgage matters and keep you updated. Your estate agent and conveyancer will handle the sale, purchase, and legal process.

Questions worth asking early

Is my current deal portable? Would an early repayment charge apply? Do I need to borrow more? How will a change of property or income affect the application? Talking through these questions before making an offer can help avoid surprises.

Talk through your move

Arrange an initial conversation in Accrington, by phone or online.

Discuss a Home Move

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.