Review your current mortgage
Check the balance, rate, deal end date, porting rules and any early repayment charge.
Home-mover mortgage advice
Mortgage advice for selling your current home and buying your next one.
Rahul will help you review your current deal, available equity, estimated moving costs and borrowing for the next property, including whether porting may be an option.
Discuss my home move Start with a phone or video conversation.Important information
Your property may be repossessed if you do not keep up repayments on your mortgage.
Your initial review
Questions to cover in your initial review.
01
Can I take my current mortgage to the next property?
02
How much equity may be available after the sale?
03
Could early repayment charges apply?
04
How can the mortgage timing fit around the sale and purchase?
What the advice covers
Research, recommendation and application support.
Rahul reviews your circumstances, researches suitable mortgages from the lenders and products available through RG Financial Services, and explains his recommendation, its costs and relevant risks before you decide whether to proceed.
- Reviewing your current mortgage and charges
- Porting and additional borrowing options
- Affordability for the next property
- Mortgage application support as the sale and purchase progress
- Reviewing protection for your new circumstances
Preparing for a review
Information that will help Rahul understand your circumstances.
You do not need to have every document ready before contacting Rahul. This list is a useful starting point.
- Your latest mortgage statement and deal end date
- An estimate of the current property value and sale costs
- Your target purchase price and likely moving costs
- Any changes to income, commitments or household plans
How the advice works
Three stages from reviewing your needs to progressing your chosen option.
Set the next budget
Combine estimated equity, moving costs and potential borrowing to establish a realistic property range.
Review the options and apply
Review suitable options and submit the application at a stage that fits the planned sale and purchase.
Frequently asked
Answers to common questions.
These answers are general. Advice and lender criteria depend on your individual circumstances.
What does porting a mortgage mean?
Porting means applying to take an existing mortgage product to a new property. It is not automatic: the lender will assess a new application, the property and the borrowing required.
Can I borrow more when I move?
Possibly. Additional borrowing is subject to affordability, lender criteria and the new property. The additional amount may be on a different product or interest rate from the amount being ported.
What if my sale and purchase complete on different dates?
The mortgage and legal implications depend on the gap and the lender’s rules. Your conveyancer and adviser should be involved early so the available options can be considered.
When should I review the mortgage for a move?
Ideally before you commit to a purchase price. An early review helps identify the estimated budget, porting conditions, charges and documents before the sale and purchase progress too far.
Contact Rahul
Are you planning to move home?
Rahul can review your current deal and explain how estimated equity, moving costs and new borrowing combine for the planned sale and purchase.
Discuss my home move