Moving home

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.