Moving home — mortgage
done right.
Whether you’re upsizing, downsizing or just changing scenery, the mortgage piece needs to land at the right time and the right rate. We’ll handle it all — including porting your existing deal if it makes sense, or finding something better if it doesn’t.
Moving home: port or remortgage?
Moving home brings up a question first-time buyers don’t face: should I keep my current mortgage and ‘port’ it to the new property, or pay the early repayment charge and find a new deal?
The answer depends on your existing rate, the early repayment charge, the borrowing you need on the new property, and what the wider market looks like. Sometimes porting saves you thousands; sometimes a new deal does. We model both, transparently.
Your options
Take your existing rate to the new property. Saves the ERC; preserves your current rate.
Same as above, but with a top-up loan at current rates.
Pay off the existing mortgage and take a fresh deal elsewhere.
Keep the existing property, let it out, buy the new one.
What you’ll need
- Existing mortgage details — lender, balance, rate, ERC, redemption date
- Up-to-date payslips, bank statements, ID
- Memorandum of sale on your current property
- Memorandum of sale on the property you’re buying
- Solicitor details
What it costs
A single broker fee, payable only when your mortgage completes. Free for NHS staff, Blue Light Card holders, teachers, social workers and the armed forces. Always confirmed in writing before any work begins.
Common questions
How early should I sort the mortgage on my new home?
Once you’ve had your offer accepted, ideally that week. The earlier we start, the more lenders we can access and the more time we have to handle any complications.
What is an early repayment charge?
A penalty for paying off your current mortgage during the fixed-rate period. Typically 1–5% of the loan. We factor this into our port vs remortgage modelling.
Will my new property need to be re-valued for porting?
Yes — your existing lender will value the new property as if you were applying fresh. We flag any potential issues before we submit.
How does the chain affect the mortgage timing?
Mortgage offers are typically valid for 3–6 months. We watch this actively and can usually extend if the chain runs long.
Can I port if my circumstances have changed?
Possibly — but the lender will reassess affordability against current criteria. If they decline the port, we compare the whole market for alternatives.