Sometimes you can. It’s called porting. Lenders have their own rules around it. But the important thing to bear in mind is that when you move and port your mortgage, you’ll be assessed as if you’re a new customer – meaning it’s not just a given that you’ll be able to move or port the mortgage to a new property.
It might be that your current lender is happy to lend on your current property but they aren’t able to lend on the new property.
Porting your mortgage has many benefits such as not having to pay any early repayment charges should you be tied into a deal or keeping your original rate should it be a good one!
Get in touch so we can assess both your existing lender and other lenders, should you be moving house.
