Google Reviews 5
Excellent based on 90 reviews

Moving home

You have decided to relocate, upsize or downsize and you still need a mortgage loan to purchase the new home.

Image

There are a few ways this can be achieved:

  • Remain with your existing lender on the same mortgage terms but port this debt over to the new property.
  • Port over existing debt but also “top up” with an additional mortgage loan with your existing lender
  • Take a new mortgage with an alternative Mortgage lender.

Each of the above still requires a full mortgage application, affordability check and specific documentation to support the loan application. It is beneficial to discuss this with us so we can determine which is the best and most cost-effective option for you to secure your new home.

Also, it is important you are aware of any costs that may apply if remortgaging to an alternative lender i.e. early repayment charges (ERCs).

An early repayment charge is a fee to your mortgage lender. If you have a mortgage with a fixed, capped or discounted interest rate product, your lender might apply an early repayment charge which you may have to pay if you reduce the amount you've borrowed, perhaps by paying off a lump sum or redeeming the mortgage loan in full during the term of the special rate product.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

You may have to pay an early repayment charge to your existing lender if you remortgage.

Image
Image
How to find us
155 Spencer Road Derry-Londonderry BT47 6AH

CONTACT

Kelli Wilson trading as KW Mortgages is an Appointed Representative of PRIMIS Mortgage Network which is a trading name of First Complete Limited. First Complete Limited is authorised and regulated by the Financial Conduct Authority. 

Your home may be repossessed if you do not keep up payments on your mortgage.

We do not charge a fee for initial consultation or insurance advice. However, depending on your circumstances and the mortgage product, if we charge a fee it will range from £250 - £300, which will be payable on receipt of a formal mortgage offer. The fee will be discussed and agreed with you at initial consultation.  

The guidance and/or advice contained in this website is subject to UK regulatory regime and is therefore restricted to consumers based in the UK.

+44 7834 029614
office@kw-mortgages.com
Kelli Wilson trading as KW Mortgages is an Appointed Representative of PRIMIS Mortgage Network which is a trading name of First Complete Limited. First Complete Limited is authorised and regulated by the Financial Conduct Authority. 

Your home may be repossessed if you do not keep up payments on your mortgage.

We do not charge a fee for initial consultation or insurance advice. However, depending on your circumstances and the mortgage product, if we charge a fee it will range from £250 - £300, which will be payable on receipt of a formal mortgage offer. The fee will be discussed and agreed with you at initial consultation.  

The guidance and/or advice contained in this website is subject to UK regulatory regime and is therefore restricted to consumers based in the UK.

© 2022 KW-Mortgages | Kelli Wilson Mortgages & Protection
© 2022 KW-Mortgages | Kelli Wilson Mortgages & Protection
Reflect DEV
Image