Home Mover Mortgages
If you’re ready to make a move and find a new home, whether you’re upgrading your space, just looking to move up the property ladder or downsizing to a smaller property, you’ll need to research which mortgages are available to you. Just because you’ve been through the process before doesn’t mean that searching for a new deal will necessarily be easier – particularly if your circumstances have changed, such as a change in job or switching to a self-employed position.
Moving from a home you already own isn’t much different from buying your first property.
There are just a few extra things to think about, and we can help you with it all. Using a mortgage broker can help you figure out if this is the best option and what the alternatives are plus any costs or savings involved.
What are your options as a Home Mover
You might want to keep it really simple, selling where you live and buying your next place
You might prefer to keep your existing home and rent it out, which is known as ‘Let To buy’. This could be a one-off investment, or an exciting step towards having a property portfolio.
It may be the case that you are moving homes before your mortgage term is over. If this applies to you then you have the option of ‘Porting’ a mortgage. This essentially means that you will be taking your existing mortgage to your new property. This may result in extra fees and require extra borrowing
Whatever your plan, we can give you easy-to-understand, hassle-free advice about your options. A good mortgage adviser like our advisers at Apex Financial Consultants will reduce the stress involved and make sure that you explore all the options and make the most appropriate decisions for your specific situation