Home Mover

Homemovers have a number of different scenarios to consider. If they have a mortgage already they need to establish whether they can remain with the same lender and transfer over the mortgage to the new property, potentially topping up and borrowing more with them, or whether a new lender will be more cost effective.

If they have a mortgage already they need to establish whether they can remain with the same lender and transfer over the mortgage to the new property, potentially topping up and borrowing more with them, or whether a new lender will be more cost effective. Even if they are tied into their current lender with a redemption penalty to pay it may still make financial sense to pay the penalty and switch lender.

Sunrise Financial Solutions have access to the whole of the UK mortgage market and can offer advice on the best route to take.

Homemovers also need to ensure that their new mortgage is protected with the relevant insurance products. If you are moving home our adviser will guide you through the entire process.

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

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