Homemover Mortgages

Whether you've grown out of your house, need to create some more room for your family, or even downsizing, we can help you along this exciting next step in your journey.

You are already on the property ladder, and now it is time to make a change.

Perhaps you are moving due to your family expanding and you require more bedrooms, or you want to move to the country after your children have moved out of the family home. Whatever the reason, you may well need another mortgage.


A home-mover mortgage is no different from a regular mortgage. This is simply the process of getting a mortgage to help you buy a house. It is important to get the right mortgage. You will need to make sure it is affordable and meets your changing needs.


Some mortgages can be transferred to your new home. Others cannot. Your current loan provider might not allow you to borrow the extra amount you need to move your home.


Even if you have already been through this process once before, it might be a long time ago. And, what's worse, the market is constantly changing, making it more difficult to know what the right move is. We can help you eliminate the stress by making the right recommendation for you and taking you through to that new set of keys.


YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

What is mortgage porting?

You may be eligible to transfer your mortgage if you decide to keep your existing mortgage. Porting is a process where lenders can transfer your mortgage to the new property.


However, if your financial situation has changed since you originally applied for the mortgage, there is no guarantee that your lender will grant the request to port your mortgage.


Are all mortgages portable?

Some mortgages cannot be transferred in certain cases. This is rare but it does happen. In these cases, your only option for moving home is to apply a new mortgage. However, you should be aware of exit fees and early repayment charges in your current mortgage terms before making that commitment.

Ready to take the next step?

How NJW Financial helps homemovers

Having direct access to a lender panel that is representative of the whole of the market, we have access almost every mortgage available. We can also access exclusive deals from lenders that are not available to the public directly.


We will review your existing mortgage and determine if it is in your best interests to transfer or change your existing mortgage to your new property.


An easier application, a better experience.

We’ll take care of all of the application paperwork and manage the process for you, so you can save yourself time, stress, and money.



We’ll keep you in the loop with regular updates on your new application so you can track your progress from home with ease.


We understand that moving and buying a house can be stressful. So we make it as easy as possible. Once you have your mortgage, we will handle the paperwork and work with the solicitor and lender until you receive your keys.

Need Help? 

Frequently Asked Questions

  • What happens to your mortgage when you sell your home?

    The buyer's funds are used to pay your existing mortgage lender and cover transaction expenses when you sell your house. The remainder becomes your profit. The money can be used to buy anything you want, but typically this becomes your deposit for your onward purchase.

  • How can I avoid paying early repayment charges?

    To avoid an early repayment charge, it is important to be clear about the terms of your mortgage deal and to follow them. Also, be aware of the maximum amount you can pay each year and avoid any penalties. This is usually 10% of your annual mortgage balance.

  • Is it possible for a sale to fall apart after an exchange?

    A house sale is unlikely to fall apart after exchange of contracts/conclusion of missives as both the seller is legally obligated to sell and the buyer legally obligated to buy. However, it can happen. Should this occur, the person that has breached the contract is liable to be sued by the other party for damages/loss arising from the failed contract.

Ready to get started?

We’d love to hear from you. Call 02895 575010 or 0141 291 5044 or send us a message using the form below and we’ll tend to your enquiry right away.

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