If you are thinking about moving home we always suggest obtaining an Agreement in Principle as early in the process as possible. This is so you know exactly how much you can borrow, how much your payments are likely to be and that when you come to formally apply you have a good chance of being successful.Get Started
An Agreement in Principle only lasts for up to 90 days but it is quite easy for us to get these refreshed for you. If you are locked into a fixed rate mortgage we can contact your existing lender for you to see if they will “port” your current deal to your next home without triggering an early repayment penalty. With the help of a mortgage broker by your side, let us deal with the mortgage aspects to take the stress away, leaving you to focus on the move itself.Apply Now
The short answer is yes, many mortgages are 'portable', which means you may be able to transfer your current mortgage to a new property. Although, in effect you will have to reapply for that deal, so if your circumstances have changed at all, then you may no longer qualify and you will be subject to a new credit score.
There are lots of costs to keep in mind when moving home, more so than for a first-time buyer: Estate agency fees, property survey fees, mortgage arrangement fees, solicitor’s fees, removal fees and mortgage broker fees.
When you move, your legal representative will pay off your existing mortgage in full from the proceeds of the house sale. You will need to start a new mortgage if you are purchasing a new property or “port” your current one to your next property if your lender permits this.
You can pay your mortgage off in full at any time, as long as you also pay any early repayment charges that may apply. Most lenders will allow annual overpayments of 10% of your mortgage balance per year, if you are still in your introductory, fixed or discount period. If you are on a standard variable rate you can usually overpay as much as you want.
We are able to work around your busy moving schedule, always there when you need support.
You won't have to pay us before we do anything! We're only paid on getting results.
You can worry less knowing that you'll have the same person to work with all throughout your process.
It's never simple trying to move a mortgage or obtain a new one. We'll be on hand to support you during your process.
We'll recommend the best insurance products to ensure you won't have to leave your home, should you happen to fall seriously ill or be unable to work.
We're able to take part of the stress off your shoulders, looking for the best mortgage deal possible, whilst you focus on the move.
It's likely we will have encountered something like your situation before. We will use what we know to further your case.
We know that moving home is stressful. You have to sell your current home and find another at the same time. We'll work hard to reduce your stress, going beyond to help recommend property surveys and conveyancing solicitors too.
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The whole team at UK Moneyman have been so friendly and helpful, whilst also providing an excellent service and securing me a mortgage offer really quickly. Even when there were questions and changes, they went over and above to help and always came...
Fantastic service from Tom Bowes
Excellent service, great communication & highly professional
Malcolm and Meghan did a great job with my application which due to a chain breaking down had to be done for two different properties, was kept informed throughout and they made me aware of changes in the market i didn't know about. Would...
Matt and Wendy worked tirelessly and creatively to reach a great mortgage outcome for me in what was a less than straightforward journey. The commitment and advocacy was fist class and communication, always excellent. Matt really earned his broker...
I'm very happy with the services UK Moneyman have been providing during my buying process so far. I'm a first-time buyer so it was very important to me to have a mortgage broker who could answer all my questions in a timely and...
Great team who works to get you exactly what you need, they made the whole process smooth and painless, so I would highly recommend them.
I honestly couldn't have asked for a better service with UK Moneyman! I have been working with Charlie and Wendy! They have been SO helpful throughout the whole process and so supportive, never a hassle for them when I've been bombarding...
Informative, friendly, helpful and efficient service.
Really glad I went with UK Moneyman for my first mortgage, explained everything to me so well and was always on hand when I needed them as I work long hours at weekdays so having appointments on the weekends was so helpful for me, would definitely...
Tom and Chloe were super helpful with our first time mortgage. We had a couple of properties fall through but Tom was there to help and guided us through the whole process.
I think anyone would have difficulty finding a more helpful and friendly Financial Advisor. We used them to find a suitable later life mortgage and their effort and persistence in the face of some difficulties (caused by our particular...
Good advice and a professional hand both made the process seem effortless. Full marks for a service and result!!
Wayne and Paula have been very helpful in helping me purchase my first house would highly recommend them to anyone wanting a mortgage advisor! Wayne was also very flexible with time as I have very odd working hours and worked out a time for phone...
Excellent service, Tom and Lynsey were responsive and extremely helpful including in resolving issues of transferring the offer to another property when the seller of the first property I was buying pulled out.
It's the 3rd time I've dealt with the team at UK Moneyman, as before they have been informative, punctual, detailed and a pleasure to deal with. I couldn't reccomend them more highly.
Excellent communication from start to finish. Highly recommend.
Very friendly and provided all the information I needed.
Very pleased with Allen’s professionalism , he was able to answer all my questions to my satisfaction
Excellent experience all around, used for two mortgages and will use again