A home mover mortgage is a type of mortgage designed for individuals who are selling their current home and buying a new one. It allows them to transfer their existing mortgage or take out a new mortgage to finance the purchase of their new property.
Important point
Affordability
Ensure that you can comfortably afford the monthly mortgage payments on your new property, considering any changes in income or expenses.
Important point
Timing
Plan the timing of your move carefully to avoid any gaps between selling your current home and purchasing your new one. This includes coordinating the completion dates of both transactions and considering factors like the housing market and interest rates.
Important point
Mortgage Options
TMG Direct advisor’s will support you by reasearching and explaining the ins and outs of each option relevat to your personalised advice.
Here's how we can help...
At TMG Direct, our mortgage advisors will streamline the mortgage process for home movers, saving them time, effort, and potentially money in the long run!
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