Moving Home
Your home may be repossessed if you do not keep up repayments on your mortgage.
Looking for a step up to a bigger house? Moving is a great opportunity to seek out a better deal. When it comes to mortgages, a Home Mover Mortgage is no different to a standard mortgage. Simply put, If you’re moving house, get a mortgage that is suitable for you.
Home Mover Mortgages are typically for people looking for a bigger home which as a result are also looking to increase the size of their loan amount. Some mortgages are portable, meaning you can take the existing mortgage to your new home.
Before you change to a different lender, always check whether there are penalties known as Early Repayment Charges. Consider checking the current contract just in case you receive a penalty.
Overall, it is crucial that you get the right mortgage that is still affordable whilst suitable to your new home.
Moving Home with BMSG
As specialist mortgage brokers, we have many years of experience in helping people to move home for a wide variety of reasons.
One of our specialist mortgage brokers will take a good look at your situation to first establish that a home mover mortgage is the best financial option for you, before running through the whole process and giving you the best advice to suit your individual circumstances and requirements.
At BMSG, our priority is to give you reliable, impartial advice and find you the best deal, whatever your position as a property owner and your goals for moving property. Get in touch today to get some free initial advice.