HOME MOVER Mortgage Advice
What is a home mover mortgage?
If you currently own a property and want to sell that to buy another, then you are a home mover. A standard residential mortgage is what will more than likely suit you – whether you’re moving into a bigger home, or moving house to reduce your payments.
Your home may be repossessed if you do not keep up repayments on your mortgage.
When applying, don't forget...
- Stamp Duty If you’re buying a property or land, you’ll probably have to pay stamp duty. How much stamp duty you pay depends on the purchase price and location of the property.
- Mortgage valuation – This is the main valuation that lenders need to check to see if the property you are buying is worth the money you are going to spend on it. Mortgage valuations can cost from £250-£1,500 depending on the value of the property.
- Conveyancing fees – Fees for the legal work completed by the solicitor or conveyancer when buying or selling a property.
We’re experts in this field and are not happy until you are – so reach out and speak to us to start the journey of getting you on to the property ladder.
Try our mortgage calculator.
Budgeting is important, so start now. Get an estimate of what lenders might loan you and also calculate a figure that could resemble a similar monthly mortgage payment
Looking for something else?
First time buyer mortgages
This is a mortgage that you will need advice on if you have never owned your own home before.
Self build mortgages
A self build mortgage, provides you money to purchase land and money in instalments to build the property.
Buy to let mortgages
A buy to let mortgage is a mortgage that allows you to purchase a house and rent it out as a source of income.