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Home movers

Different Types of Mortgages

Home Movers

Are you looking to either upsize or downsize your current property. A home mover mortgage is a type of mortgage specifically designed for individuals who are looking to sell their current home and either upsize or downsize your current property. This type of mortgage allows borrowers to transfer their existing mortgage to the new property or opt for a new mortgage deal altogether. The terms and conditions of a home mover mortgage may vary depending on the lender, but it generally involves assessing the borrower’s affordability, creditworthiness, and the value of the new property.

We can source the whole market for you. When moving home you can use all the equity that has been built up from your current property and place this down as deposit. It is up to you how much you want to put down, for example you can put as little as 5% down and save the rest for home improvements, helping repay debts etc.