Homemover Mortgages

If you’re planning to sell your home and move to a new property, a home mover mortgage can help make that transition smooth and affordable. Here’s what you need to know about this type of mortgage and how it could work for you.

What Is a Home Mover Mortgage?

A home mover mortgage is specifically designed for individuals or families who are selling their current property and purchasing a new one. It allows you to transfer your existing mortgage to a new property (known as porting) or take out a new mortgage altogether. These products often cater to both upsizing and downsizing needs, making them flexible for a variety of financial situations.

This type of mortgage works similarly to a standard mortgage but considers the additional complexities of selling and buying simultaneously. Many lenders also offer competitive rates and tailored solutions to suit your circumstances.

How Does the Process Work?

The home mover process typically involves two main steps: selling your current property and securing a mortgage for your new home.

  1. Porting Your Existing Mortgage: If your current mortgage allows it, you may be able to transfer it to your new property. This can save time and money if your current deal has favorable terms.
  2. Applying for a New Mortgage: If porting isn’t an option or you need additional funds to purchase a larger property, you’ll need to apply for a new mortgage. This will involve assessing your income, outgoings, and the value of your new home.

Benefits of a Home Mover Mortgage

Home mover mortgages are tailored to your unique situation, offering:

Flexibility: Options to port your mortgage or find a new deal. Cost-Effectiveness: Competitive rates and potential savings on fees. Convenience: Streamlined processes for simultaneous buying and selling.

Monthly Mortgage Payment Calculator

Estimate your monthly mortgage payments quickly and easily, helping you plan your finances with confidence.
Speak to our team
This calculation is a guide to how much your monthly repayments would be. The exact amount may vary from this amount depending on your lender's terms.

Stamp Duty Calculator​

Discover your stamp duty costs instantly! Use our stamp duty calculator to explore the costs involved on your purchase.

Speak to our team
This calculator is provided as a guide only on how much stamp duty land tax you will need to pay in England and Northern Ireland. It assumes that the property is freehold and for residential purposes.

Want to know more? Speak to us today.

Take the next step today! Book an appointment with our expert team for tailored advice and support on your mortgage journey.
Speak to our team

Latest News

Our news articles are regularly updated bringing you all the latest developments in the Mortgage market.

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR PROPERTY. YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBTS SECURED ON IT.

Instant Mortgage Solutions Limited is authorised and regulated by the Financial Conduct Authority.

FRN 938412 Registered in England & Wales, Company registration No. 12463907. Registered office: 21 Station Parade, Hornchurch, RM12 5AB.

If you wish to register a complaint, please write to info@instantmortgagesolutions.co.uk or telephone 01708 509161.
A summary of our internal complaints handling procedures for the reasonable and prompt handling of complaints is available on request and if you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service at www.financial-ombudsman.org.uk or by contacting them on 0800 0234 567.

Scroll to Top