Mortgage advice for home movers
Are you ready to buy your next home? It’s an amazing feeling when you move into a new property, a fresh start, new neighbours, different layout, maybe even an extra bedroom or two. But, buying and selling properties at the same time can be stressful. There are a lot of individual parties that you will need to deal with, solicitors, estate agents, your new mortgage provider, vendors, as well as looking into moving companies, home insurance, life insurance… I’m sure you get the picture. It’s a lot of phone calls, emails and documents - something we could all do without!
The stress of moving is sometimes not even the worse bit. You can become so occupied with everything else, you might not secure the best deal on your new mortgage, this will mean higher monthly payments and potentially even an extra couple of years until you pay it all off.
Moving home is a great time to review your current mortgage, the rates you are offered are generally very competitive. But switching mortgage provider all together isn’t the only option; you can look into porting the mortgage with your current lender onto the new property. Now, this might sound great on the surface, but again this is just another avenue for you to explore; a bullet point on the never-ending list of moving.
Thankfully we are here to explore all of your options for you. Because we are a whole of market mortgage advisors, we have got access to every product from all lenders, we will secure you the absolute best deal on the market for your circumstances. Weighing up things like potential charges for your current product, to upfront fees on the new product. So, while you source cardboard boxes for the big move, we will source the best rates on the market for your pocket!
A free review from one of our expert mortgage advisors can provide you with loads of information, such as how much you can borrow, the mortgage term, rates and even monthly payments, we can also secure you an Agreement in Principle that’s no charge and no obligation.
When you are ready to move forward with your mortgage application, we will manage the whole process for you, liaising with your lender, solicitor and estate agent, so just sit back, relax, and think of how you are going to arrange your furniture in your new home!