Moving to a new home comes with its own mortgage decisions, from porting your existing deal to exploring new rates. As an experienced home mover mortgage broker, BM14 Finance helps you compare your options and move forward with confidence.
Whether you are moving house, shop, or flat, the mortgage side of things can be the most confusing part of the process. Our advisers look at your current deal, your new property, and your wider finances together, so you get a clear picture before you commit to anything.
Not sure what you could borrow for your next move? Our mortgage calculator for home movers gives you a quick estimate to start planning around. From there, we help you weigh porting against remortgaging, based on what genuinely works out cheaper for your circumstances.
We provide independent home mover mortgage advice tailored to your moving plans. With access to a wide panel of lenders, we help you choose a solution that fits both your new property and financial situation.
A ported mortgage is when you take your existing mortgage deal, including its interest rate and terms, with you to a new property, instead of starting a fresh application from scratch. The broker still checks your income and affordability again before approving it.
A home mover mortgage is a new or continued mortgage arrangement for someone moving from one property to another, whether that's upsizing, downsizing, or relocating. It can involve porting your current deal or taking out a new mortgage entirely.
In most cases, yes, if your broker allows porting and you still meet their current lending criteria. However, approval isn't guaranteed, and if you need to borrow more, the extra amount may come with different terms than your original deal.
You'll usually start by speaking to your broker about porting your current mortgage, or exploring a new one if porting isn't the right fit. From there, it's a case of getting an Agreement in Principle, finding your next property, and coordinating the sale of your current one alongside the purchase.
The key is planning your timeline early, get your finances assessed, know your budget, and understand whether porting or remortgaging suits you better before you start house hunting. This helps avoid last-minute surprises if your sale and purchase dates don't line up.
