Home Mover

What is this and why do I need it?

When moving home, you can either transfer your current mortgage over to your new property – called porting – or find a new deal altogether by remortgaging with your existing lender or a different one. It’s worth talking to your current mortgage provider or a broker who will advise you on which path to take.

What can Beesure provide?

Depending on what type of mortgage they currently have, a home mover could find themselves stuck with an Early Repayment Charge (ERC) should they wish to purchase another property. If you find yourself in this position, our financial advisers at Beesure will assess your circumstances holistically to decide whether to port your existing mortgage (thus saving the ERC), or to access the thousands of mortgage products available on the whole of market to get you the most suitable deal.

Why is Beesure the right choice?

Traditionally, the high street lender has been the go-to for those looking to purchase their first homes. At Beesure, we have access to thousands of mortgage products across the whole of the market, including those on the high street but more importantly those exclusive products available only to mortgage brokers. We endeavour to get the right one for you and secure that dream home.

Request your free consultation now.

Frequently Asked Questions

Do you need a down payment /deposit when porting a mortgage?

If your new mortgage is about 0-25% lower than your old mortgage, you may need to make a large pre-payment in order to qualify for portability with no penalty fee. If your new house is more expensive, you’ll likely need to negotiate a whole new agreement for the extra amount of money your lender would need to give you.

Speak to one our team for a free no obligation initial consultation.

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Beesure Limited is authorised and regulated by the Financial Conduct Authority no. 832417.
Beesure Limited is a company registered in England and Wales. Company number: 10551333.
Registered office address: Ground Floor, Rowan House, Hazell Drive, Newport, NP10 8FY.

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