HOME MOVER MORTGAGES

If you already have a mortgage and you are planning to move to another property, it can be confusing as to what happens financially. At Watts, we can offer advice and guidance on home mover mortgages and what path is best for you, based on your personal circumstances.

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.

Transferring your mortgage to a new property

Our highly qualified specialist are on hand to help you decide on the best course of action when moving house, offering financial advice as well as researching the market for the best deal. In some cases, porting your mortgage can result in having two parts to your mortgage that run alongside each other, and it’s important to understand your financial circumstances before making a decision.

It may take some careful calculations to understand the most cost-effective solution for you, depending on whether you are applying for a larger mortgage or a smaller one. Comparing mortgages can help if you are moving home, which is something the team here at Watts can assist with. We will take the time to understand your circumstances and source the right information to help you understand your options.

Make sure you always get independent advice on products such as mortgages. You can speak to one of our independent FCA regulated mortgages advisers now, on 01270 620555. Alternatively, you can email us at advice@watts-ifa.com to find out more.

MAKE AN ENQUIRY

We would just like to thank you for the excellent service you have provided for us whilst we arranged our income protection plans. You put us both at ease whilst explaining the options available to us and what would best suit our requirements. Without doubt, we would highly recommend your services to our friends, family and business acquaintances.

Adi and Annette Dean

NEWSLETTER SIGNUP

MORTGAGE TOOLS

Calculators to help you plan your mortgage payments and stamp duty rates.

TESTIMONIALS

Read what some of our existing clients have to say about our services.

ARRANGE A CALLBACK

Send us an email with your contact details and we’ll arrange for one of our advisers to call you back.

Watts Mortgage & Wealth Management Ltd is directly authorised and regulated by the Financial Conduct Authority.

We are entered on the Financial Services Register No 624815 at https://register.fca.org.uk/s/

More information is available on mortgages from the Money Advice Service. www.moneyadviceservice.org.uk

Where you have a complaint or dispute with us and we are unable to resolve it to your satisfaction then we are obliged to offer you access to the Financial Ombudsman Service. Please see the following link for further details www.financial-ombudsman.org.uk

Your property may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.

You may have to pay an early repayment charge to your existing lender if you remortgage.

For details of our fees for mortgage business please click here.

The FCA does not regulate some forms of mortgages. The FCA does not regulate taxation advice, trust advice and some forms of buy to let mortgages.