Moving house can feel overwhelming — but sorting out your mortgage doesn't have to be. This complete guide walks you through every step of getting a home mover mortgage, whether you want to port your current mortgage, get a new mortgage deal, or explore remortgaging options. At Montgomery Financial, we're here to make your move simple and stress-free.
A home mover mortgage is designed for people who already own a home and are looking to move home. You may be able to transfer your mortgage (port it) to your new home, switch to a new mortgage, or even remortgage to release equity.
We’ll walk you through all the mortgage options available and help you find the right solution for your circumstances.
When moving house, the key mortgage options available include porting your mortgage to your new property, applying for a new mortgage deal, or remortgaging your current home to release equity.
Each route has different pros and cons depending on your income, current deal, equity level, and the mortgage lender’s criteria. As your mortgage broker, we help you assess the best route forward..
Porting your mortgage means transferring your existing mortgage deal to a new home. It’s often a smart choice if you’re happy with your current mortgage rate, want to avoid early repayment charges, and your lender allows porting and the new home meets their criteria.
However, not all mortgage lenders allow this, and you’ll still need to go through affordability checks and possibly pay arrangement fees if you're borrowing more.
Let’s get you moving!
You may need a new mortgage if your current lender won’t allow you to port your mortgage, you find a better mortgage deal elsewhere, or you’re borrowing significantly more.
We’ll help you compare deals from multiple mortgage lenders, whether you're looking for lower interest rates, better terms, or flexible features. As a mortgage broker, we give you access to deals you won’t find directly on the high street
Remortgaging can be useful if your current home has increased in value. You may be able to release equity to help fund your move or cover your cash deposit. It could also allow you to pay off debts or secure a lower mortgage rate.
We’ll compare whether remortgaging or applying for a new mortgage offers the best deal.
The amount you can borrow to move home depends on your income and affordability, equity in your current home, your credit score and financial history, and the value of the new home.
We’ll help you find out how much you may be able to borrow using our mortgage calculators, then pair you with the right mortgage lender
Before you get a mortgage when you move, our tools help you work out how much you may be able to borrow, estimate your monthly mortgage repayments, and compare interest rates and loan terms.
Our calculators help you understand what’s affordable before making an offer on a house.
Thinking about the practical side of moving home? From mortgage costs and lender requirements to credit checks and application tips — this section covers everything you need to know when preparing to apply for a moving house mortgage. If you're unsure about what your lender will ask for, how stamp duty works, or whether you can port your existing mortgage, you'll find the answers right here.
Looking for a mortgage when you move home? Montgomery Financial provides expert guidance and mortgage advice for every type of buyer — including home movers, remortgage clients, and first time buyers. We go above and beyond to find the best mortgage option to suit your needs.
We’re authorised and regulated by the Financial Conduct Authority. Your home may be repossessed if you do not keep up with repayments on your mortgage.
All people working within Montgomery Financial share those values and beliefs and support the reinforcement of the fair treatment of our customers.
The information contained in this website is subject to UK regulatory regime and is therefore intended for consumers based in the UK
There may be a fee for mortgage advice, the exact amount will be based on your circumstances and will be confirmed upon initial consultation. A typical fee of £476 is payable on application for residential mortgages and £673 for buy to let mortgages.
Montgomery Financial is a trading style of Montgomery FS Ltd, which is an appointed representative of The Right Mortgage Limited, which is authorised and regulated by the Financial Conduct Authority. Montgomery FS Ltd is registered in England and Wales no: 12305679. Registered Address: The Granary 8 Strixton Manor Business Centre, Strixton, Wellingborough, NN29 7PA
Your home may be repossessed if you do not keep up repayments on your mortgage.
