When you’re moving home and are in need of a new mortgage, we can help!
Moving home can feel exciting one minute and stressful the next. You may be trying to sell your current property, find your next home, work out your budget and decide what to do with your existing mortgage, all at the same time.
That is where Mortgage to Home can help.
We support homeowners looking for home mover mortgages in Leeds, across West Yorkshire and further afield, so if you are upsizing, downsizing, relocating or moving closer to work, schools or family, we can review your current mortgage and explain your next options in plain English.
With access to over 100 lenders and more than 15 years of mortgage advice experience, we help you compare porting, switching lenders, borrowing more and applying for a new deal before you make your next move.
Speak to Mortgage to Home for clear home mover mortgage advice before you make an offer. We can help you understand what may be realistic, what costs to plan for and what steps to take next.
When you’re moving home and in need of a new mortgage, we can help!
A home mover mortgage is a mortgage product for someone who already owns a home and is buying another property. It is different from a first-time buyer mortgage because you may already have a mortgage, equity in your current home and a sale to manage alongside your purchase.
You might be able to move your current mortgage with the same lender to your new property. This is called porting. You might stay with your current lender but take a new deal. Or you might repay your existing mortgage and apply for a new mortgage with a different lender.
The right route depends on your current mortgage, the property you want to buy, your income, your deposit or equity, lender criteria and any fees linked to your existing deal
Porting allows you to transfer your existing deal to a new property. While many people see this as the easiest option, it does not always suit every situation. Sometimes paying a fee can help you save money overall. Mortgage To Home reviews the full picture so the decision works for you.
As soon as you begin thinking about moving in Leeds. Starting early helps confirm budgets, expectations, and costs, allowing Mortgage To Home to set a clear plan that reflects what really matters to you.
If you already own a property and want to buy another one, you are classed as a home mover. This could mean moving from a flat to a house, buying a larger family home, downsizing to reduce monthly costs or relocating to a different part of Leeds or West Yorkshire.
A home move can involve more moving parts than your first purchase because you may already have a mortgage in place. You may need to sell your current property, use equity as a deposit, check early repayment charges and decide whether your existing mortgage should move with you. Mortgage to Home can help you look at:
The earlier you speak to an adviser, the easier it is to set a realistic budget before you get too far into viewings or offers.
You may be able to move house with your current mortgage if your lender allows porting. This means transferring your existing mortgage deal to your new property. You will still need to pass affordability checks, and the lender must approve the new property.
Porting is not always the cheapest option, so it is worth comparing it with a new home mover mortgage.
This is an important point because some homeowners assume porting is automatic. It is not. Your lender will usually reassess your circumstances before agreeing. They may look at:
If you are moving to a more expensive home, your existing mortgage may only cover part of the borrowing. The extra amount may need to sit on a different rate, which can make the full picture harder to compare without advice.
Porting may suit you if your current rate is competitive, your lender is happy with the new property and your circumstances still fit their criteria. It may also help if leaving your current deal would trigger an early repayment charge.
A new mortgage may suit you if your current lender cannot offer the borrowing you need, your existing deal is no longer competitive or another lender has a better option once rates, fees and flexibility are compared.
For example, someone moving to a larger family home in Leeds may need to borrow more than their current lender is willing to offer.
Another homeowner may be downsizing and want to reduce their monthly payments or shorten their mortgage term.
Neither route is automatically better. The best choice depends on the numbers, your plans and the details of your current mortgage.
The amount you can borrow will depend on your circumstances and the lender’s affordability checks. Lenders will usually carry out an affordability assessment, looking at your income, outgoings, debts, dependants, credit history, deposit and the property you want to buy.
If you are selling your current home, your equity may form the deposit for the next property. For example, if your home sells for more than your outstanding mortgage, the remaining amount after the mortgage is repaid can often be used towards your next purchase. Before viewing homes seriously, it is sensible to check:
You can use our mortgage calculator to get a rough idea of possible repayments. A calculator is useful as a starting point, but tailored mortgage advice can give you a clearer picture because lenders assess applications in different ways.
The mortgage payment is only one part of the overall cost when moving home.
When planning your next purchase, it is worth allowing for the wider costs of selling, buying and arranging the mortgage. Depending on your situation, you may need to budget for:
Some costs may be paid upfront. Others may be paid on completion or added to the mortgage, depending on the lender and product.
Mortgage to Home can talk through the likely costs with you, so you are not only looking at the headline mortgage rate.
Mortgage to Home gives practical advice to homeowners who want to move without guessing their way through the mortgage process. We are based in Huddersfield and support clients across Leeds, West Yorkshire and the wider UK. We are not tied to one bank or lender, which means we can compare a wide range of options based on your situation.
We can help by:
Reviewing your current mortgage
Checking whether porting may be possible
Comparing your current lender with other lenders
Explaining early repayment charges and product fees
Helping you understand how much you may be able to borrow
Arranging a Decision in Principle where suitable
Supporting the mortgage application
Keeping you updated as the lender reviews your case
If your plans change during the process, we can also help you reassess your options. Moving home is rarely perfectly neat, so it helps to have someone checking the mortgage side while you deal with the property search, sale and legal work.
If you are weighing up other mortgage routes, you may also want to consider our remortgage advice service and advice on buy-to-let mortgages.
The process usually starts with a simple conversation. We ask about your current mortgage, the type of property you want to buy, your income, your deposit or equity and your plans for the move.
From there, we help you build a clearer picture of what comes next.
We check your existing mortgage balance, current rate, deal end date, early repayment charges and whether your mortgage may be portable.
We look at whether you are moving to a more expensive property, a cheaper property or a similar-value home. This can affect your deposit, loan-to-value, monthly payments and lender choice.
We compare porting, staying with your current lender and applying for a new home mover mortgage. A deal that looks cheaper at first may not be the best once fees, charges and flexibility are included.
A Decision in Principle, also called an agreement in principle, can help you understand your likely borrowing before making an offer. Estate agents may also ask for one when you start offering on properties.
Once you have found a property and are ready to proceed, we help prepare and submit the application.
We keep the mortgage side clear, so you know what has been requested, what has been sent and what still needs to happen.
If this is your first move after buying your first home, our first-time buyer mortgage advice may also help you compare how the process differs from your original purchase.
Moving home can involve estate agents, buyers, sellers, solicitors, surveys, removals and lender paperwork. We aim to make the mortgage side easier to understand. Clients choose Mortgage to Home because they want:
Mortgage to Home is based in Huddersfield and works with clients across Leeds and the wider UK. We help people understand their options, check what may be realistic and move forward with a clearer plan.
If you are planning a move in Leeds, you do not need to work everything out alone. Mortgage to Home can review your current mortgage, explain whether porting may be possible and compare home mover mortgages from a wide range of lenders.
Planning your next move in Leeds? Contact Mortgage to Home today and let us check your current mortgage, compare your options and help you move forward with clearer numbers.
Your home may be repossessed if you do not keep up with your mortgage repayments.
Frequently asked questions.
We’ve put together a list of all the most
commonly asked questions in the mortgage
and protection industry, so you don’t have
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that you need.
A home mover mortgage is designed for people who already own a property and are buying another one. Your current mortgage will need to be reviewed because you may be able to port it, switch products or apply with a new lender.
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For a residential mortgage you will need at least a 5% deposit. If you are looking at a buy to let mortgage the minimum required is 20% at present.
Porting is not always a cheaper option. It may help if your current rate is strong or if you want to avoid early repayment fees, but you still need to compare the full cost. A new lender may be more suitable if you need extra borrowing, want a different term or no longer fit your current lender’s criteria.
You may be able to borrow more, but the lender will need to check affordability. They will look at your income, outgoings, debts, financial commitments, dependants, credit profile and the property you want to buy. If your current lender cannot offer enough, another lender may be considered.
Speak to a broker as early as possible, ideally before making an offer. This gives you time to review your current mortgage, check likely borrowing and compare porting with other home mover mortgage options.
Yes. Mortgage to Home supports clients in Leeds, across West Yorkshire and nationwide. Whether you are moving into Leeds, leaving the area or moving locally, we can help you review your mortgage options.
