What happens if I buy a house then want to move?

If you decide to move after buying a house, you have a few options. You can sell your current property and use the proceeds to purchase a new one. Alternatively, you might consider renting out your existing property and purchasing a new one. Another option could be to port your mortgage, if your lender allows it, which means transferring your current mortgage to the new property.

Can I pay off my mortgage in Beverley early?

Yes, many mortgages offer the flexibility to make early repayments or pay off the entire mortgage before the agreed term. However, it’s essential to check your mortgage terms, as some may have prepayment penalties or restrictions. If allowed, early repayment can save you interest costs in the long run.

Is the moving home mortgage process the same as the first time buyer process?

While some aspects may be similar, the moving home mortgage process differs from the first time buyer process. If you’re already a homeowner, you’ll have equity from your existing property, which can impact the financing and mortgage options available to you. The process may involve selling your current property, paying off the existing mortgage, and securing a new mortgage for the next home. Working with a mortgage advisor in Beverley can help navigate these nuances.

Moving Home Mortgages in Beverley | Free Mortgage Review

We take the stress away from moving home in Beverley

The moving home journey is known to be a stressful experience. For some, it may be one of the most intense processes they will go through in their life. You also have to factor in the mortgage aspects that come with moving home too!

Through a combination of your extensive experience and rich knowledge as a mortgage broker in Beverley, we understand the feeling. This is why we provide a helping hand throughout your time of Moving Home in Beverley.

When speaking to customers, we find that the part that makes the process stressful is the fact that you will be buying your new home at the same time of selling your old home. It’s also key these two processes are carried out simultaneously.

The big relief for you is that the paperwork and concurrent process are in the hands of your conveyancing solicitor. Nonetheless, at the time you will need to secure a purchase of a potential new home along with finding someone to buy your home.

Open & honest mortgage advice in Beverley

For those looking to explore their option when Moving Home in Beverley, we have an expert team who work hard in making the home purchasing and mortgage processes go as swiftly and smoothly as they possibly can.

At every step of the mortgage journey, our team will be there to answer any of your questions and keep you informed. Here at Beverleymoneyman, we have access to a large panel of lenders which means our team can search through thousands of mortgage deals so we can find you the most appropriate deal for your circumstances.

If you are looking to move home in Beverley with a mortgage, get in touch with your team today! All our customers both old and new are offered a free initial mortgage appointment with a knowledgeable mortgage advisor in Beverley. We look forward to helping you achieve your mortgage goals!

Can I port my mortgage when moving home in Beverley?

In certain instances, you might have the option to port your mortgage in Beverley. This entails carrying your existing mortgage product over to your new property. The feasibility of this process depends on your mortgage lender and the specific mortgage product you have.

If porting your mortgage is not an option, we can assist you in finding a new deal for your home. Leveraging our extensive network, we will sift through 1000’s of mortgage products to identify the optimal solution for your circumstances.

With access to both high street and specialist mortgage lenders, we can provide a range of expert mortgage advice in Beverley to find you a suitable product, tailored to diverse mortgage situations.

Speak to an Advisor

Important information

Your home may be repossessed if you do not keep up repayments on your mortgage.

There may be a fee for mortgage advice. The fee is up to 1% but a typical fee is £495.

FAQs for Home Movers in Beverley

Our Customers Love Us

4.98 Rating52 Reviews

Jack

Couldn’t fault the process, everything was clear and no issues, used previously so will continue to and recommend in the future

1 month ago

Mrs Cheryl

Uk Moneyman was amazing in getting us through this process, specifically Dinah she gave us the best advice during a process we’ve never been through before, she went through every stage in great detail and was so quick in her responses I felt safe...

1 month ago

James

Very good communication, answered questions and avoided jargon. Helped us understand the process and what is involved to complete.

1 month ago

James

Very helpful the whole way through the process

1 month ago

Samantha

Jason and Mike were incredibly helpful and supportive. I have used Beverleymoneyman three times now, and each time they provide a professional and efficient service. This time my move is precipitated by divorce, which they handled in a senstive and...

1 month ago

Have used Beverleymoneyman several in the past and am never disappointed with their excellent service.

4 months ago

Annie

Excellent service

6 months ago

Hannah

I can't thank everyone enough for their help. They went above and beyond to make sure everything went smoothly - it would have been far more stressful had I not had their support. I'd recommend the company to anyone.

1 year ago

Anonymous

Yery good and professional.

1 year ago

Samuel

Helpful, responsive and friendly.

1 year ago

Sophie

Highly recommend! Chris talked me through everything and made sure I understood it all, great communication and a pleasure to deal with!

1 year ago

Kerry

Absolutely fantastic from start to finish, would highly recommend 😀 5*

1 year ago

Anonymous

My advisor Leo provided the personal tour ch through the whole process and his communication was very good, even texting me at weekends with any updates on my mortgage progress.

1 year ago

Anete

During mortgage application process my mortgage advisor and case handler was communicating with me very often which for me as a first time buyer was very important. Always open for questions and super flexible with first initial mortgage...

1 year ago

Anonymous

From start to finish perfect, friendly, professional and everything made clear and easy, Matt and Lizzi have been absolutely superb and ALMOST got use to my 'colourful language' Many thanks for all your help. Cheers 🍻

1 year ago

David

We use Beverleymoneyman - Mortgage Brokers for all our mortgage and insurance needs. They never fail to deliver and apply professionalism combined with insightful advice to obtain the most suitable deal. Thanks to Leo and Jo for their help and...

2 years ago

Neil

This is the second time we have used Beverleymoneyman and we are not disappointed. Daniel talked us through the options we had and was really good at answering our questions. Jo ensured our application progressed and kept us informed at each...

2 years ago

Barbara

These people saved my life during the most stressful house purchase ever. All sorts of things happened and when most of the professionals involved were impossible to get hold of, everyone at UK Moneyman was just amazing, kind, thoughtful and...

2 years ago

Nicole

Could not recommend Matt and Megan enough! Being a first time buyer, I did not know what the buying process would entail. Thankfully, Matt and Megan explained everything as we went along. Matt went above and beyond to answer my calls when we...

3 years ago

Liam

Really good service and friendly too

3 years ago

Our Simple Mortgage Process

Free 30-Minute Home Movers Reviews

Throughout the appointment, a series of questions will delve into your personal and financial situation, aiming to gain a comprehensive understanding of your circumstances. This enables us to pinpoint the most suitable mortgage for you.

We Can Search 1000s of Mortgage Deals

Our team will explore 1000’s of mortgage deals from our panel, inclusive of both high street and specialist lenders. Our goal is to find a product that aligns with your requirements, streamlining the process and saving you valuable time.

Submit Your Mortgage Application

As you progress in the process, you’ll be introduced to a dedicated case manager. Their role is to assist you in preparing your entire mortgage application, ensuring it meets the highest standards. Once both parties are ready, we’ll submit your application to the mortgage lender.

Protecting You and Your Mortgage

Our commitment goes beyond securing the ideal mortgage. We take the time to discuss insurance products that can safeguard you and your loved ones. Importantly, there’s no obligation to opt for any of these products; we provide information to support your decision-making.

Reasons to Choose Us

Free Initial Mortgage Appointment

For those who are exploring their option of moving home in Beverley, our team of reputable Mortgage Advisors in Beverley are here to help! They will be with you throughout the process to provide a helping hand from the initial point of contact to obtaining the keys to your new home.

Here at Beverleymoneyman, all our customers are offered a free initial mortgage appointment at the start of the process, with no obligation to proceed. Within this review, our team will look through your mortgage plans as well as determine whether or not you will manage to keep up your payments. Along with this, we will look at the amount you may be able to borrow as well as your monthly outgoings.

1000s of Deals

When our team have collated some initial information from you and has got an idea of what you are looking to achieve, your dedicated mortgage advisor will then go away and search through thousands of varying mortgage deals so they can find you the most appropriate one for your circumstance.

As soon as you feel happy with our recommendation, it’s then for our team to help you get a mortgage agreement in principle which is helpful when you are looking to back up any offer you make on a property.

If you have found your next home in Beverley and have had an offer accepted on the property, it’s then time for your mortgage advisor to process your full application on your behalf as well as providing you with the help and guidance you need all the way to the end of the process.

Our Service

We strive in going above and beyond the mortgage, there’s a lot more to it than finding you the perfect mortgage. Our team can help arrange you a survey to be carried out on your potential new property as well as provide quotes from conveyancing solicitors.

Along with being provided with a mortgage recommendation, we will also recommend you the most suitable insurance to take so you are protected should an unfortunate event occur that could negatively impact your ability to pay your mortgage bills.

7 days a Week

As a Mortgage Broker in Beverley, we have a hard working mortgage advice team who will work alongside the advisors to help them towards achieving the goals of getting onto the property ladder. It’s also rare for us to encounter a situation we haven’t come across before.

Our hard working and friendly team of mortgage advisors are available 7 days a week to provide support and answer any questions you may have towards achieving your moving home aims. We look forward for your call!