MOVA / Moving Home Mortgages
Moving home mortgages.
Make sense of your next move.
Selling and buying brings several decisions together. Talk through your existing mortgage, the next property and the timing with Steven before choosing your route.
Initial conversation at no cost · No pressure to proceed
Start with what matters to you.
You do not need to choose a product before getting in touch. Bring your plans and your questions; Steven will help you understand the next step.
Three things to clarify
Plan your moving-home mortgage.
Understand your equity
Separate the money in your current home from selling costs and any outstanding borrowing.
Compare the routes
Review porting, additional borrowing and a new mortgage alongside the costs of leaving your current deal.
Plan around the chain
Give the mortgage, conveyancing and property timelines a realistic place in the plan.
Your current deal is the starting point.
Bring the current mortgage balance, rate, end date and any early repayment charge into the conversation. Keeping an existing deal may be worth exploring, but it is not automatically the most suitable route. We will also discuss how much extra borrowing, if any, your move needs.
Porting still needs a lender decision.
A portable mortgage may allow the existing deal to move to a different property. It is still subject to the lender’s assessment of you and the new home. Additional borrowing may have different rates or end dates, which can affect future decisions.
- Check the conditions if sale and purchase will complete on different dates.
- Look at the overall cost of each route, including any fees or early repayment charge.
Make the numbers work beyond completion.
Think about the monthly payment you would be comfortable maintaining in the new home, as well as the deposit you can put down. Legal fees, survey costs, removals and any applicable tax also need a place in your moving budget. Let Steven know about job changes or other commitments that may affect the application.
Your questions, answered
Clearer on the detail.
Ready for the next step.
Have a question that is specific to you?
Can I keep my current mortgage deal?
Possibly, if it is portable and the lender agrees. Portability does not remove the need for affordability and property checks.
What if I need to borrow more?
Steven can help compare the available routes. Extra borrowing with your existing lender may be on a different product from the amount you port.
Should I speak to MOVA before making an offer?
An early discussion can help clarify your borrowing position and the questions to settle before committing to the move.
A practical next step
Talk through your plans
with Steven.
An initial conversation can help you understand where to start and what information may be needed next.
Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The amount will depend on your circumstances and will be explained and agreed before you choose to proceed.