Home Mover Mortgages
With you every step of the Way
- No Up-Front Broker Fees
- Impartial Advice
- Access To A Panel Of over 90 Lenders
- We make sure you qualify for any deal before you apply
- Straight talking, no jargon service
- Covering all of the UK
YOUR HOME MAY BE REPOSESSED IF YOU DO NOT KEEP UP THE REPAYMENTS ON YOUR MORTGAGE.
There may be a fee for mortgage advice. The precise amount will depend on your circumstances and will be agreed with you before proceeding but estimate this to be £1000 (£250 on application and a further £750 at offer).
Completing our form does not affect your credit rating
Complete our quick online form for a FREE quote or call us on 01256 327019
Completing our form does not affect your credit rating
For a FREE MORTGAGE QUOTE please complete our quick online form or call 01256 327019.
Who We Work With
We have the privilege to access an exhaustive panel of lenders including high street and expert lenders. Our strong business relationships equip us to cater for all types of client requirements. Whilst servicing Fist Time Buyers, Home Mover’s and Remortgage clients we also cater for Government schemes like shared ownership, and expert mortgages like adverse credit and Limited Company Buy to let’s.
Mortgages for Home Movers
Regardless of whether you’re downsizing or upscaling, moving home can be a busy and stressful time. With everything that’s going on, there’s one thing you don’t want to be worrying about – your mortgage. A home mover mortgage can be used to help you buy your new property.
At HLSA Financial Services, our experienced advisors are available to help walk you through the process of moving your mortgage to a new property. Whether you’re simply porting your current mortgage across, switching lenders after a change in circumstances, or applying for a new mortgage to cover the new property’s value, you can relax knowing that you’re in capable hands with our excellent service.
We’ve helped thousands of valued clients from all over the UK to move home quickly and easily using our expert advice. Your Mortgage advisor will listen to your current circumstances and help find the most suitable course of action for you to take. We handle all the paperwork and communications on your behalf.
4 Steps To Arrange Your Mortgage
- Get in touch with us. We will ask you a few questions to see if we can secure a mortgage for you.
- We search the mortgage market and get you the best available rates and deals whilst also taking into consideration the ‘porting’ option.
- We make your mortgage application and sort out the paperwork (we will provide the Decision in Principle to you).
- Complete your mortgage.We will be with you every step of the way and see things through to completion.
Our Customer Reviews Speak For Themselves
Completing our form does not affect your credit rating
Home Mover Mortgages Explained
Home mover mortgages are designed for people looking to buy a new place to live in. You are probably wondering what happens if you already have a mortgage? Well, there are usually two options to consider:
- Porting: means transferring your current mortgage to your new house. A lot of mortgages are portable, but you still have to apply for the loan again. You may wish to borrow more to purchase the house in order to cover the costs.
- Remortgaging: this is when you decide to take out a completely new mortgage for the house. It can be done with your current lender (fees maybe applicable), or with a new lender, paying off the old mortgage by selling your current home.
The option you choose will make more sense depending on the situation. Porting is great if you are happy with your existing mortgage terms whilst mortgaging is an option if you are looking for a better deal.
Tips for Homemovers
- Do your Research- get clued up on the home moving process before you begin.
- Check the terms of your existing mortgage- find out if it’s possible to move your mortgage with you.
- Save, save save- Saving as much as possible is important to cover the costs as well as the maximizing the size of the deposit. You will be able to access more and cheaper deals with a bigger deposit.
- Budget – Be realistic about what you can afford to spend and ensure the intended mortgage is affordable. Make sure you budget for unlikely expenses in addition to the purchase price, along with other fees such as conveyancing and stamp duty.
- Type of mortgage- When you consider what type of mortgage you want this time around, think ahead. A variable rate may appear cheaper than a fixed-rate mortgage today, but bear in mind interest rates can increase, and even a small rise can impact your monthly budget.
- Credit rating- Check your current credit report. Lenders like to see payments have been kept up to date on mortgage and credit cards.
- Avoid Arrears-It is important to build a good credit history with no missed payments. Lenders carry out checks to establish your history of managing debts and payments.
- Look at the Local Area – Even if you do not have children, property in the catchment area of good local schools will always be much easier to sell on. Also, write down a list of local amenities which are important to you (shops, gym, cinema etc). Before making any final decision about where to move to, take a stroll or bike ride around the local area
- Go for a Broker – a mortgage brokerage like HLSA Financial Services could save you money by finding you the most suitable deal on the market. This will also save you time because our mortgage advisors are experienced in working with lenders to push deals through to completion.