With access to mortgage deals from a range of leading lenders, Wesleyan Financial Services can take the stress out of your next house move. Whether you need more space for your growing family or you’re looking to downsize, we’ll find the right offer for you. And we’ll manage your application every step of the way.
Always remember your mortgage is secured on your home. Your home may be repossessed if you do not keep up repayments.
*Wesleyan Financial Services provides broker and advice services. Wesleyan Financial Services is paid a fee by the lender upon completion of the loan. Product fees may be payable to the lender.
Many mortgages are 'portable', which means you may be able to transfer your current mortgage to your new property. Bear in mind that you will still need to reapply, meet your lender's criteria and get their consent. Your new property will also need to meet their requirements.
If you're moving into a more expensive property, you may be able to borrow more money if you're not already close to the maximum amount your provider will lend. This could mean that you'll have a multi-part mortgage and the additional funds may need to be repaid over a different term.
If your circumstances have changed (for example, you've become self-employed) or your lender has new criteria, you may not be accepted to port your mortgage and will have to apply for a new rate instead. This may mean paying an early repayment charge on your current balance.
If you're wondering which option is best for you, get in touch with our mortgage team today.
Three reasons to get your mortgage through us…
Doctors, teachers and dentists can often benefit from a professional mortgage. Save money with tailored deals from specialist lenders.
We can advise you on whether porting your mortgage is the best option for you. If not, we'll find a solution that works for your personal circumstances.
We know mortgage applications can be stressful. That’s why we’re here for you at every step. Even after your mortgage is in place, we can help you protect it.
When you move house, you can either transfer your current mortgage to your new property (known as ‘porting’) or find a brand-new deal instead.
If you decide to look for a new deal, you can remortgage with your existing lender or choose a different one. However, if you choose to remortgage with a new lender, you may incur early repayment charges.
If you're a UK resident planning on buying residential property in England or Northern Ireland, work out how much tax you might pay using our Stamp Duty calculator.