Moving Home

 

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What Types of Mortgages Are Available? 

Can I Move my Current Mortgage to a New House?

Mortgage With a New Lender

What Happens If I Need a Larger Moving Home Mortgage?

How Am I Assessed for a Moving Home Mortgage?

How Can Friends Capital Help with a Moving Home Mortgage?

Moving Home Mortgage

Moving home is an exciting time, however applying for a mortgage and dealing with the lenders can be stressful. You have to research mortgage rates, deals and have to take into account your personal circumstances, credit score and income, which can be very daunting. Whether this if your first move or you have moved house before, Friends Capital can take the stress and hassle out of finding the perfect moving home mortgage for you.

We will review your personal circumstances and then search the entire market to ensure you get the best mortgage deal possible. We will then deal with all the paperwork, submit your mortgage application, liaise with your mortgage lender and solicitor, and ensure that your mortgage application is completed as quickly as possible. We can:

  • Save you money on your mortgage deal 
  • Offer a free consultation 
  • Offer unbiased financial advice 
  • Save you time in your mortgage application 
  • Give you a dedicated account manager who is available to you through the process

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What Types of Mortgages Are Available? 

We can help most people get a mortgage (subject to status), including if you are in the following situations: 

  • You have bad credit due to a default or a CCJ 
  • You’re self employed 
  • You are a single parent, or you making an application in a sole name 
  • You are a first time buyer 
  • You have been refused a mortgage by a high street lender 
  • You are retired or planning to retire 

Can I Move my Current Mortgage to a New House? 

If you’re moving house and you already have a mortgage on your current home, you might be able to transfer – or ‘port’ – your mortgage to your new property. 

Even if porting your mortgage is possible, you’ll still need to reapply and go through the same affordability and credit checks you went through to get the mortgage. You’ll also have to pay for a valuation, as well as legal fees and stamp duty. 

Mortgage With a New Lender

Alternatively, we can arrange  you a new mortgage for your new home with a different lender.  

How Am I Assessed for a Mortgage? 

Whether you decide to transfer your existing mortgage over to your new property, or you want a new mortgage altogether, you will need to go through the application process. It’s worth talking to a mortgage advisor before looking at potential houses to get a better idea of how much you can borrow. 

How Can Friends Capital Help with a Mortgage? 

With so many moving home options out there, finding the right mortgage for you can be a complicated and time-consuming process. Thankfully, Friends Capital are here to help. 

We can search the entire market and get access to the best and most exclusive mortgages for professionals deals available. Then we will choose the deal that are most appropriate to your personal circumstance. We can: 

  • Find you a lender that offers the best mortgage rates for your circumstances 
  • Find you a deal appropriate to your personal circumstance 
  • Offer unbiased financial advice 
  • Give advice on what mortgage lenders will require, including giving you advice on an exit strategy for the mortgage end 
  • Give you a no obligation mortgage quote 
  • Deal with all the paper work, liaise with the lenders and solicitors. We will also make sure the application goes through as quickly as possible

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