Moving Home

What does it mean?

If you are already a homeowner with a mortgage and are looking to move to a new home, what happens? Is it better to look into getting a new loan or to use an already existing one, even though that could lead to an increase in the size of your debt? It can be quite a complicated process at a time which should be exciting as you move to somewhere new. We can help to talk you through your options, so you know what could work best for you as you come to move home with a mortgage.

What does home mover mean?

When it comes to moving home, one of the first things that you need to take into consideration is looking at how much you would be able to borrow. From there you would need to find the best home mover mortgage that will suit your individual circumstances. Home mover mortgages are for when you change your mortgage provider, you move to a more expensive property, or where you downsize and your monthly repayments will be reduced.


Porting is where you transfer your current mortgage to your new property, meaning that the mortgage is ‘portable.’ There will still need to be an application process for the mortgage loan, and in some instances you might need to increase the mortgage because of the new cost of the property. If this is the case, a new arrangement fee will be added on, so checking what this will be is a good idea first. If you need an additional loan for higher property cost, then you could face higher interest fees.

How can we help you?

There are a number of mortgage providers out there, but the good news is that when you use our experienced team, we do all the leg work for you. It can be a long process, but we will look at your personal circumstances, budget, and current situation, to work out what your best mortgage options will be. The good news is that there are a number of benefits of using a broker and we have access to over 5000+ products, some of which are not even available to a traditional high street lender.

Bespoke Money Ltd is registered in England and Wales with Registration No. 10507268. Registered Office: 4 Cantelupe Mews Cantelupe Road East Grinstead RH19 3BG. Bespoke Money Ltd is a trading style of Bespoke Money Ltd, which is an Appointed Representative of The Right Mortgage Ltd, which is authorised and regulated by the Financial Conduct Authority (FCA). Buy-to-let mortgage are not regulated by the FCA. The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK. 

Want to talk more about your mortgage options?

If yes, then please get in touch with us today and we will make sure you know exactly how much you can borrow. This initial consultation is free and there is no obligation at all to proceed.