Mortgage Enquiries 0808 273 9412 Buy-to-Let Remortgage Moving House First-Time Buyer Specialist Mortgages Resources HomeMortgages Mortgages for Moving House We'll help you move home with confidence. Speak to a Mortgage Expert Excellent 4.85 Average rating Introduction Compare Rates Process Moving Home Costs FAQs MORTGAGE ADVICE FOR HOME MOVERS Moving home is a really exciting time. There are a lot of fun parts you get to enjoy – such as viewing houses, exploring local areas, choosing new furnishings – but these are sometimes overshadowed by the more stressful parts, like arranging a mortgage. John Charcol is an independent mortgage broker with access to the whole of the market. We not only provide mortgage advice for moving home, we manage your entire property-buying journey so you can enjoy this experience - like you’re supposed to. Keep reading for information on the mortgage options available to you and how our experts can help you, or see our Guide to Moving House for a detailed walkthrough of how it all works, tips on buying a new home and our moving house checklist. Have a more specific question you need answered? Ask our mortgage experts. IT'S SIMPLE WITH US Talk to Our Experts Today 0808 273 9412 Send Us an Enquiry COMPARE THE BEST MORTGAGE DEALS FOR MOVING HOUSE You can compare mortgages for moving home with our best buy tables below: Property Price £ Mortgage Amount £ Mortgage Term (1-30 years) Mortgage Type purchase remortgage buy to let purchase buy to let remortgage first time buyer Product Rate Fixed Variable Initial Rate Period up to 2 years 3 years 5 years more than 5 years Loan Type repayment interest only Advanced filters Compare Mortgage Rates We've found 1,473 remortgage deals that match your search Sort by Initial rate True cost comparison Max LTV Monthly repayments Lender Scheme ID 69875 Initial rate ? 0.51% then 4.35% (variable) Monthly repayments ? £ 1,065 Type/Duration ? Variable Scheme fees ? £0 Cost comparison ? £25,568 MORE INFO 0808 273 9412 or Enquire Now Scheme ID 69884 Initial rate ? 0.79% then 4.35% (variable) Monthly repayments ? £ 1,102 Type/Duration ? Variable Scheme fees ? £0 Cost comparison ? £26,456 MORE INFO 0808 273 9412 or Enquire Now Scheme ID 69905 Initial rate ? 0.79% then 4.35% (variable) Monthly repayments ? £ 1,102 Type/Duration ? Variable Scheme fees ? £0 Cost comparison ? £26,456 MORE INFO 0808 273 9412 or Enquire Now Scheme ID 40324 Initial rate ? 0.79% then 3.59% (variable) Monthly repayments ? £ 1,102 Type/Duration ? Variable Scheme fees ? £1,519 Cost comparison ? £27,975 MORE INFO 0808 273 9412 or Enquire Now Scheme ID 26936 Initial rate ? 0.85% then 3.59% (variable) Monthly repayments ? £ 1,110 Type/Duration ? Variable Scheme fees ? £1,034 Cost comparison ? £27,683 MORE INFO 0808 273 9412 or Enquire Now Scheme ID 25386 Initial rate ? 0.85% then 2.95% (variable) Monthly repayments ? £ 1,110 Type/Duration ? Variable Scheme fees ? £1,450 Cost comparison ? £28,099 MORE INFO 0808 273 9412 or Enquire Now Scheme ID 543 Initial rate ? 0.85% then 3.59% (variable) Monthly repayments ? £ 1,110 Type/Duration ? Variable Scheme fees ? £1,034 Cost comparison ? £27,683 MORE INFO 0808 273 9412 or Enquire Now Scheme ID 26064 Initial rate ? 0.85% then 2.95% (variable) Monthly repayments ? £ 1,110 Type/Duration ? Variable Scheme fees ? £1,450 Cost comparison ? £28,099 MORE INFO 0808 273 9412 or Enquire Now Scheme ID 25902 Initial rate ? 0.85% then 4.64% (variable) Monthly repayments ? £ 1,110 Type/Duration ? Variable Scheme fees ? £1,001 Cost comparison ? £27,650 MORE INFO 0808 273 9412 or Enquire Now Scheme ID 69869 Initial rate ? 0.89% then 4.35% (variable) Monthly repayments ? £ 1,116 Type/Duration ? Variable Scheme fees ? £995 Cost comparison ? £27,773 MORE INFO 0808 273 9412 or Enquire Now View More Mortgages PORTING A MORTGAGE VS SWITCHING A MORTGAGE When you move from a home you already have a mortgage on to a new property, you typically either switch to a new mortgage with a new lender or take your existing mortgage with you to your new home via “porting”. Porting Your Existing Mortgage When you “port” a mortgage, you transfer your existing mortgage from your existing property to your new one. Technically, your existing mortgage is repaid upon the sale of your existing property and a new version of the same product is taken out on the new property. This happens at completion. You may want to move home with your existing mortgage if you have a particularly competitive rate that you want to keep, or to avoid any ERCs (early repayment charges). You’ll need to ask your lender or broker whether your mortgage is portable. Even if your mortgage is portable, you still may not be able to take it with you as you’ll have to reapply for the mortgage with the lender and may not qualify if your circumstances and/or the criteria have changed, or the property you’re looking to buy is deemed unsuitable security by your current lender. Learn more about porting your mortgage when moving house in our guide. Switching to a New Mortgage When Moving House It’s more common to switch mortgage products when you buy a new house, than move your existing mortgage to the new property. Sometimes, people switch providers because their lender won’t let them port their current mortgage, but usually people switch simply because there are better deals available. When you switch to a new product, your existing mortgage is repaid upon the sale of your existing property and a brand new product is taken out on the new one. This also happens at completion. Learn about managing the property chain in our guide. See what’s currently on the market with our free mortgage comparison calculator. HOW CAN JOHN CHARCOL HELP YOU MOVE? We Take Care Of Everything With over 45 years of service, we've seen it all. We can save you money, time and make buying your property easy. We're Highly Recommended We have over 1,800 5* reviews on reviews.co.uk, so you can feel confident that your mortgage is in the right hands. We Give Personal, Expert Advice We work around your schedule to help you arrange a mortgage that suits your circumstances, no matter how complex. WANT A BETTER MORTGAGE? Talk to Our Experts Today 0808 273 9412 Or Arrange a Call Back Our Moving Home Mortgage Process 1. First Conversation with Adviser 2. Decision in Principle 3. Offer on Property 4. Pre-Application and Submission 5. Lender Underwriting and Valuation 6. Mortgage Offer 7. Conveyancing 8. Exchange and Completion JC Legal Not only do we arrange your mortgage, we can find you a conveyancer from our select panel. Our recommendation will be based on your situation and timeframe to ensure your move goes according to plan. Learn More Concierge With our Concierge Service, we can help you move into your new home, set up utilities, register for Council Tax and more. There’s no arrangement fee and you could save up to 8 hours of hassle. Learn More Home Insurance You’ll need buildings insurance for your new property. We’re partners with Legal and General, so we can find you suitable buildings and contents insurance. Learn More Protection Our inhouse team can also arrange protection insurance for you. What’s more, we don’t charge an arrangement fee. Learn More WHAT OUR CUSTOMERS THINK Excellent 1981 Total reviews 4.85 Average rating Anna My experience of John Charcol has been great; the customer service was excellent and very efficient. I was impressed with the quick responses I received and very grateful for the way everything was explained to me clearly. Posted 1 day ago Ron We were in need of a later life mortgage to achieve a move to the sea in retirement. Andrew Ireland of John Charcol gave excellent, timely service both in finding the right product and dealing with a switch in property in mid purchase. Always responsive and helpful he also helped with the specific formalities of buying a …more Posted 1 day ago Anonymous Very good service from Randeep. Always provided me with an update when requested one. Thank you for your hard work. Posted 6 days ago Read More Testimonials WHAT ARE THE MORTGAGE COSTS WHEN MOVING HOUSE? We’ve listed some of the costs you might face when taking out a mortgage loan and moving house, below. Stamp Duty You pay Stamp Duty when you buy a property or piece of land over a certain value in the UK. Find out how much you’ll pay with our Stamp Duty calculator. Mortgage Valuation When a lender’s considering your application, they’ll arrange a mortgage valuation on the property you want to buy. It’s a way for the lender to make sure the property is worth the minimum amount you want to borrow and is suitable security for a mortgage. Conveyancing/Solicitors’ Fees After you accept your mortgage offer, your solicitor arranges all the paperwork for your new property. Talk to your solicitor to find out how much they charge. Alternatively, we can help you find a conveyancer with John Charcol Legal. Home Insurance All lenders require that you take out buildings insurance on your new property when you move house. You may also want to consider contents insurance. Broker Fee It’s normal for brokers to charge a fee for arranging your mortgage. This should always be discussed with you during your first call or meeting with your adviser. Removal Fees Unless you’re moving all your belongings and furniture yourself, you’ll likely want a removal company. We can help you organise removals with our free Concierge Service. Product Fee If you’re porting your mortgage and borrowing a larger amount, your lender may charge a product fee. ERCs (Early Repayment Charges) You’ll only pay an ERC if you pay back your current mortgage before the introductory period ends in order to switch to a new product. Lender’s Arrangement Fee The lender’s arrangement fee covers the costs of organising your mortgage. It can be a flat fee or a percentage. Your lender will tell you how much you’ll pay in arrangement fees. Booking Fees A booking fee is a one-off application fee you pay to book and reserve the rate for the mortgage while your request is processed. MOVING HOUSE MORTGAGE FAQS Do You Need a Deposit When Moving Home? Do You Have to Pay a Deposit When Porting a Mortgage? Can I Move House with a Fixed Mortgage? How Do I Downsize My Mortgage? How Will Moving Home Affect My Insurance and Protection Requirements? Can I Get a Mortgage on a Home if I’m Over 60? Should I Get a 5, 10 or 20 Year Mortgage? IT'S SIMPLE WITH US Talk to Our Experts Today 0808 273 9412 Send Us an Enquiry WANT A BETTER MORTGAGE? Talk to Our Experts Today 0808 273 9412 Send Us an Enquiry About Us Introducer and Affiliate Schemes Our Fees Careers Contact Us and Find Our Offices Regulatory Statement Our Team Client Testimonials Complaints Procedure Our Awards Cookie and Privacy Statement Refer, Relax and Share £100 Accessibility Appointed Representatives Sitemap Client Hub Sign Up to Our Newsletter Legal YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT. John Charcol is a trading name of John Charcol Limited and its Appointed Representatives. John Charcol Limited is authorised and regulated by the Financial Conduct Authority. The Financial Services Register number is 665649. Registered in England No. 9157892. Registered office address for John Charcol Limited is St. Helen's, 1 Undershaft, London, EC3P 3DQ. The FCA does not regulate some investment mortgage contracts. 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