Home Mover Mortgages in London
Home mover mortgage advice for people moving within, into or out of London.
Your current deal checked
We review your mortgage and any early repayment charges
Timing taken seriously
We help your sale and purchase line up
One point of contact
Your adviser keeps you updated throughout
Moving in London usually involves larger sums, leasehold property and tight timing. People also move out of London for more space, which brings its own questions about porting and coordinating two markets.
We review your current mortgage, explain whether to port or start afresh, and help you keep your sale and purchase in step.
Moving home in London
If you own a leasehold flat, your lease length matters when you sell as well as when you buy. A short lease can limit the lenders a buyer can use, which may affect your sale. We can explain what lenders look for and what to ask your solicitor, so you know how it might affect your move.
Many Londoners sell and move out to Essex or Hertfordshire for more space. When you move, your mortgage may be portable, but lenders have their own conditions, and you may need to borrow extra at a different rate. If you are moving up within London, a larger mortgage will mean a fresh look at your income, outgoings and credit history. We explain what to expect and what to prepare.
How it works
Initial conversation
We look at your current mortgage and your plans.
Compare your options
Porting, a new mortgage, or a mix of both.
Agreement in principle
A lender gives an early indication of what it may lend. This can involve a credit check.
Application
We help you complete the application and provide the documents the lender needs.
Offer and legal work
The lender values the property and your solicitor carries out the legal work.
Completion
Your sale and purchase complete and you move in.
For the full guide, see our Home Movers page.
Frequently asked questions
Does the length of my lease affect my sale?
It can. Buyers’ lenders often have a minimum remaining lease length, so a short lease can reduce the number of buyers who can borrow. It is worth asking about your lease early.
Can I keep my London mortgage if I move to Essex?
You may be able to port it, subject to the lender’s approval and the new property. There may be an early repayment charge if you do not port. We compare the options for you.
Should I port my mortgage?
It depends on your current deal, how much more you need to borrow, and what other mortgages are available. We compare the options and explain which looks best for you.
Will I pay an early repayment charge?
If you repay your mortgage during an early repayment charge period, your lender may charge you. Porting can sometimes avoid this. We will check your mortgage terms.
Important information
- Your home may be repossessed if you do not keep up repayments on your mortgage.
- You may have to pay an early repayment charge to your existing lender if you repay your mortgage early.
The information on this page is general and is not advice. Advice depends on your personal circumstances.
Home Movers in other areas
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