Your home may be repossessed if you do not keep up repayments on a mortgage or any debt secured on it
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If you move home, you can normally transfer the remaining mortgage to the new property. This depends upon the terms of your existing mortgage and if it is "portable". Some mortgages however and in particular some specialist schemes are not portable so you will need to fully repay your existing loan and remortgage if this is the case. However most people are looking to increase their mortgage when they move home, perhaps to get a bigger house or for home improvements on the new property. In many instances they also need to consider refinancing their existing mortgage. Why not talk to us about your options. A lot of borrowers take the opportunity when moving to take some of the equity they have built up in their current home for various purposes and refinance their entire mortgage. How you approach this depends upon you own individual circumstances, but MortgageFinders can help you work out the best possible outcome. 
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Moving home is an expensive thing to do. There are so many costs to consider, including estate agent fees, stamp duty, lenders fees, removal firm charges etc. One of the biggest costs will be your legal conveyancing costs. MortgageFinders can help you find a competitively priced solicitor to do your conveyancing work and we can also help you work out the best way to fund all the costs involved. See details of the "other services" we offer. Think about the term of your existing mortgage
If you can it is usually best to refinance your mortgage over the same remaining term as your existing deal. We can give you various illustrations to show you the effect of keeping the same term or extending it.  Still looking for a property? Have a look at www.netmovers.co.uk 
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