HOME MOVER MORTGAGES
Are you planning to move home and need a new mortgage? At Watts Mortgage and Wealth Management Ltd, we offer independent, whole-of-market mortgage advice to help home movers secure the best possible mortgage deal for their next property.
If you already have a mortgage and you are planning to move to another property, it can be confusing as to what happens financially. Our team of Mortgage Advisers are on hand to help you understand what happens to your mortgage when you buy a new property. It may be possible to transfer your mortgage to the new property, which can make the process a little more straightforward. However, you will still need to reapply and go through affordability and credit checks.
Whether you’re upsizing, downsizing, or simply relocating, our expert team is here to guide you every step of the way.
A Home Mover Mortgage is a mortgage product for people who already own a home and are looking to move to a new one. Depending on your circumstances, you may be able to:
- Port your existing mortgage to your new property
- Switch to a new mortgage lender offering a better deal
- Borrow more or less, depending on the value of your new home
At Watts Mortgage and Wealth Management, we help you assess your options and find the most suitable and cost-effective mortgage for your move.
As whole-of-market brokers, we have access to thousands of mortgage deals from a wide range of lenders – not just the high street banks. We’re fully independent and work solely for you, providing tailored advice to suit your personal circumstances and financial goals.
- Check if your mortgage is portable
Look into the terms of your existing mortgage. Porting might save you money on early repayment charges, but it’s not always the best long-term option. - Get a mortgage agreement in principle early
Before making an offer on a new home, obtain an agreement in principle. This strengthens your position with sellers and estate agents. - Consider all the costs
Don’t forget additional expenses such as stamp duty, solicitors’ fees, surveys, and moving costs. A full budget review is essential. - Review your credit score
Make sure your credit file is accurate and up to date. A good credit rating can help you secure a better mortgage deal. - Work with an independent broker
Using a whole-of-market broker like Watts Mortgage and Wealth Management ensures you’re not limited to one lender’s products. We’ll help you find the most competitive and flexible deal.
Ready to Move? Let Watts Mortgage and Wealth Management Ltd help you take the stress out of moving home. Contact our friendly and experienced team today for independent, honest mortgage advice tailored to your needs. Call 01270 620555 or fill in the enquiry form. We’d be delighted to assist you.
MAKE AN ENQUIRY
If you’re looking for mortgage advice, contact Watts IFA today. Our expert team can help you secure the best mortgage based on your contracting status and financial situation.
Amy Parkin
Senior Mortgage Adviser
“With over 25 years’ experience in the industry, I have assisted countless clients complete new house purchase transactions. Here at Watts, we will guide you through the process from the initial call through to getting the keys to your new property. We will fully understand your needs and objectives before providing a full recommendation, and we will liaise with the lender and the solicitor throughout to keep you updated. We look forward to helping you with your move.”
With our extensive experience and access to a vast lender network, Watts Mortgage & Wealth Management Ltd is the ideal partner for those seeking a tailored mortgage solution. Contact us today, and let our dedicated advisers guide you through the process.
AWARDS AND ACHIEVEMENTS
FAQs for home mover mortgages
Many mortgages are portable, meaning you may be able to transfer your existing mortgage deal to your new home. However, this isn’t always the best option – especially if you’re looking to borrow more or if current mortgage rates are lower than your existing deal. At Watts Mortgage and Wealth Management Ltd, we’ll review your current mortgage and compare it against the latest deals on the market to find the most cost-effective solution.
Not always. If your property has increased in value, the equity you’ve built up can act as your deposit. We’ll help you calculate exactly what you can afford.
Possibly – it depends on your income, outgoings, and credit profile. As whole of market brokers, we can match you with lenders who are most likely to approve your application.
On average, 4–8 weeks from application to completion, but timescales can vary. We’ll manage the process and keep things moving smoothly.
Absolutely. We have experience securing homemover mortgages for a wide range of property types, including new builds and part-exchange schemes.
FIND THE BEST MORTGAGE DEAL FOR YOU
Let us help you find the right mortgage for your home or buy to let.
- Completely free search
- Won’t affect your credit score
- Independent, UK-based advice
- Award-winning mortgage broker
Our mortgage advice
If we can help with your mortgage needs, find out more here.
INDEPENDENT MORTGAGE ADVICE AND PROTECTION FOR YOU
Welcome to Watts!
Our friendly, knowledgeable and experienced team are here to help find the right mortgage and life insurance for you. We have helped thousands of clients, over 30 years buy their dream home and ensure their family is protected.
We are a family business and pride ourselves on our customer service. As an independent company, we can search from over 100 lenders and insurance companies to help you get the best deal.
Get a quick quote above or contact us today.
We search over 100 lenders to find the right mortgage for you
I just wanted to say a massive thank you for your assistance in my purchase. I would like to place on record my appreciation of the professionalism and tenacity of Emma. She has kept me fully updated in terms of progress and answered all of my questions in a timely manner. Great service and hope we can do business again in the future.
A. Henshall
