Mortgages for home movers
Are you thinking of moving home? Whether you are hoping to move down the road or to another area of the country, need space for a growing family or you simply want to continue to climb the property ladder, look no further than Derbyshire Mortgages and Protection. Our experienced mortgages advisors are here to explain how it all works when it comes to moving and help you find the best mortgage products tailored to your personal circumstances. We also help guide you through the process and inform you on what is required to give you the best chance of securing your next home.
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FAQ
1. Can I transfer my existing mortgage when moving home?
In some cases, you can transfer your mortgage, but it’s essential to discuss this with your current lender and explore other options with a mortgage advisor.
2. What fees should I expect when moving home?
You’ll encounter fees such as solicitor fees, stamp duty (if applicable), and possibly early repayment charges on your current mortgage. A mortgage advisor can provide a breakdown of these costs.
3. Is it possible to increase my mortgage when moving home?
Yes, you can often increase your mortgage when moving home, but it depends on your financial situation and the lender’s terms. A mortgage advisor can guide you through this process.
4. What's the difference between a Home Mover mortgage and a regular mortgage?
A Home Mover mortgage is designed for individuals who already own a property and are looking to purchase a new one while selling their existing home. It may have specific features tailored to this situation.