Home movers mortgageIf you are moving house and you already have a mortgage on your current home, you might be able to transfer or port your mortgage to your new property.
What is a home mover mortgage?
Buying your first home was daunting, but you did it. However, moving home with the added responsibility of selling your existing property can be something else altogether. If you are looking to move to your dream home, or considering downsizing, understanding the choices available to you could determine whether it is possible or not.
Why use NFP to help you move home?
One of the primary benefits of a home mover mortgage, is that it allows you to buy a new home before selling your existing one. This can be particularly helpful if you're looking to move into your new property before selling the old one, avoiding the need for temporary housing arrangements.
With a home mover mortgage, you have a clear picture of your financial commitments, making it easier to budget for both properties simultaneously. You can plan your finances knowing your mortgage obligations for the old and new homes.
Many lenders offer competitive interest rates for home mover mortgages, just like they do for first-time buyers. This can help to keep your borrowing costs manageable.
Knowing that you have secured your new home before selling your old one can reduce the stress associated with the moving process. It allows you to plan and coordinate the transition more smoothly.
NFP are a home mover partner you can trust
We know that supplying good mortgage advice goes much further than just recommending a certain product or lender. At NFP, our advisers delve deep into your needs and goals, staying by your side throughout the mortgage process to advise you as and when you need. We see ourselves not just as your broker, but as a trusted partner.
Our goal is to ensure...
your mortgage product is suitable for you
our specialists reduce the stress and confusion of the mortgage process
our advice and guidance is fully based on your individual circumstances and needs
you get the support you need, when you need it
Start your mortgage journey
To organise a no-obligation chat with one of our mortgage advisers, let us know what type of mortgage you are interested in, and we will be in touch.