Moving House

Moving House

Whether you’re upsizing or downsizing, moving house is a big decision. We can guide you through each step to make the process as smooth as possible. The first thing to decide is whether you’re going to sell or hold onto your current property.

Selling your Current Property

If you plan to sell, your current Mortgage must be paid off before taking out your new Mortgage. You will need to think about the timing of the sale. Often people sell their own property first or sometimes closings can be completed on the same day.

Keeping your Current Property

If you plan to hold onto your existing property, Lenders will take this into account when assessing how much they will lend you on a new Mortgage. We will prepare the application for our panel of Lenders to include the relevant details of the property such as rental income, repayments, value and Mortgage balance.

       Warning: If you do not keep up your repayments you may lose your home.