Menu
GET IN TOUCH

Moving Home

Home
/
Moving Home

service overview

Experts In Finding The Right Moving House Mortgage

Whether you are planning on downsizing or moving to your dream home, you will need to find the right mortgage. There are many options when it comes to a moving house mortgage, for example, remortgaging with your current lender, remortgaging with a new lender or porting.

Even if you have already been through the process of securing a mortgage for your first home, navigating the process all over again can be tricky. At GPD Mortgage Solutions, we offer expert advice and can help you find the right moving house mortgage as soon as possible.

SPEAK TO AN ADVISOR
Moving House | GPD Mortgage Solutions

Key Benefits of Mortgage Advisors When Moving Home

Get expert advice on the best lender for you

Secure a mortgage to keep the house chain moving

Help with cutting ties with your previous lender

Get an affordable mortgage whether you are downsizing or upsizing

Help with moving through the porting process

We will charge a fee of between £0 and £995. The amount we will charge is dependent on the amount of research and administration that is required. Typically our fee will be £395.

Get Mortgage Advice Today

If you are thinking about buying a property this year, a mortgage advisor is exactly what you need to find the best rates. Get in touch today to find the best possible mortgage for you.

A moving house mortgage is the kind of mortgage that you would get when you are moving from one property that you own to another. When you move home, you will have a decision to make on whether to stick with your current lender or find a new lender.
This process can be tricky, especially if you are stuck in a house chain and other sales are dependent on your mortgage. Usually, the best way to find the right moving home mortgage is to use an advisor.

A mortgage advisor will ask similar questions to what a mortgage lender might. These questions will include everything from how much you earn to how much you have to offer as a deposit. They will also ask questions about the property that you are thinking about buying but can help if you don’t have a property in mind just yet. Usually, the questions asked by a mortgage advisor are straightforward but it doesn’t hurt to be prepared.
If you want to move house when you are in a fixed rate mortgage, you could potentially face some fees. As you are ending your mortgage early, your lender might be losing out on interest that you would have accumulated over the years. However, it is still very common to move house when you are in a fixed rate mortgage and it isn’t too difficult. Before you move, you should check the terms of your current mortgage.

If you want to transfer your mortgage to a new property, there are ways that you can do this. You will need to go down the route of porting your mortgage but you can only do this if you are buying and selling at the same time. Your new mortgage will have the same rate and terms and will transfer to your new property. Not all mortgages are portable so this is something to consider. At GPD Mortgage Solutions, we can offer expert advice on the best route to take in this case.

If you have taken out a joint mortgage with a loved one and the relationship has ended, you can transfer it to one person. The process involved is known as a Transfer of Equity and it will allow you to remove a partner from the mortgage or add a new partner. If you need to go through this process, an expert mortgage advisor can be useful there can be complications depending on your lender.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE