Moving Home mortgage Advice

Been there, done that, got the T-Shirt? You probably know that getting a moving home mortgage doesn’t get any easier and having someone on your side throughout is a total no-brainer! Especially when the sums involved are often higher and you have the added complication of selling your home and maybe even an existing mortgage to deal with.

Heck all those phrases like ‘porting your mortgage’ just add even more plates to spin!

A “moving home mortgage” generally refers to a mortgage taken out when someone is in the process of selling their current residence and purchasing a new one. This type of mortgage is designed to facilitate the transition from one home to another. Homeowners often seek a moving home mortgage to finance the purchase of their new property while using the proceeds from the sale of their existing home to pay off the mortgage on the old property. The terms and conditions of a moving home mortgage may vary depending on the lender and the specific circumstances of the borrower.

That’s where we at Peak Mortgages and Protection come in. Not only is our standard residential moving home mortgage advice completely fee-free, but we also have over 500 Star reviews from our customers as well as picking up 4 awards now for being the Derbyshire Mortgage advisers of the Year.

Simply get in touch with us by phone, messenger or email and we’ll book an initial consultation or over a video call anywhere in the UK. We are here for you when you need us to make the moving house mortgage process as stress-free as possible.

Our Fee Statement is: Whilst we do not typically charge a fee for standard residential mortgage advice, if a case is particularly complex we may need to charge a fee. A typical fee is £495, however we may charge up to £999 depending on your circumstances. The fee may be charged at varying stages of your application but will always be discussed upfront.

Your home may be repossessed if you do not keep up repayments on your mortgage

Moving Home Mortgage advisers

What to consider about your mortgage when moving home

There are lots of important questions to consider as part of the process when you’re starting your new chapter in life:

Can you move home and still keep the same mortgage?
Can you borrow more?
How does the process work?
Just what is porting?

We help you get the right deal

Why move home

We work with you every step of the way so that you’re making an informed choice. There are many reasons why someone may wish to move home. Some of those scenarios include:

Relocating due to work
Schooling
Upsizing
Downsizing
Divorce or separation
A change of scenery

Questions we can help with

What questions should I consider about my mortgage when moving?

Are you thinking of moving to a new home?
Are you thinking of moving but are unsure about how much you can afford?
Are you wondering what deals there are currently on the market?
Have you currently seen a home you wish to make an offer on, but you need an agreement in principle?
Are you wanting to rent out your current home whilst you move to a new property?
Have you been turned down for extra borrowing from your existing lender?

These are just some of the questions we can help get answered because we are highly experienced mortgage brokers and we work alongside you no matter the circumstance.

We make sure that you get the moving home advice you need that suits your current situation allowing you to move forward without having any of the hassles.

What our moving house mortgage consultation covers

How does our moving home mortgage process work?

Our initial consultation for moving home mortgage advice will cover the following:

Your budget

We will base our work on what you can afford by looking at the current property worth, the value of the new property, your income, expenditure and other important factors

How to get an agreement in principle

Properties move fast, we’ll show you how to get organised. We will search our extensive panel of lenders and find you the best match

How to complete your application

We will help to make the process as easy as possible for you so that you can look forward to receiving the offer.