If you currently live in a house that you own, either with a mortgage or without, and you want to move house, you are a home mover. A home mover mortgage is a new mortgage on a property you want to buy. You might be buying a bigger home for your family, or downsizing.
It could have been years since you moved and things in the property and mortgage markets constantly change. That’s why we’re here to relieve some of the stress, find you the right mortgage for your circumstances and help you move home. This could mean taking your current mortgage with you to the new property (porting) or getting a whole new mortgage.
If you currently live in a house that you own, either with a mortgage or without, and you want to move house, you are a home mover.
Moving home is a big life change, and we understand how important a decision getting the right mortgage is. But it’s not just about taking out a mortgage, it’s about getting the keys to your new home, and we’re with you every step of the way.
We are here to take the time and hassle out of finding the right mortgage, so you can concentrate on other things, like your day-to-day life, as life doesn’t stop when you want to move house.
We will search the market from a huge range of lenders and thousands of products, to find you the best lender and rate for your circumstances. When formulating our advice and making a recommendation, we will consider your circumstances, your wants and needs and things like early repayment charges, legal fees, valuation fees etc
So that we can identify your options and the best next steps to take, have a free, no obligation chat with us. We will learn about and you and your circumstances in order to develop a bespoke plan of action.
Here are our 3 most commonly asked questions around mortgages.
There is no hard & fast rule for affordability. Every lender calculates how much they are prepared to lend differently, based on their own criteria, but also your circumstances. They will look at things like the size of your deposit, your credit profile, your income and any outgoings when calculating your available borrowing.
For residential properties, your deposit will need to be a minimum of 5% of the property value you are buying. For buy to lets, the usual amount is 25%.
It’s not just about the interest rate. We search the market from a huge range of lenders and take into account things like fees and cashback when making a recommendation that is tailored to your circumstances.
As the mighty Oak Tree represents longevity, strength & stability, we specialise in forging long term relationships with our clients based on trust and honesty, to build solid foundations for their future.
Oak FS Ltd trading as Oak Financial is registered with the Data Protection Act 1998 Registration Number ZB473115 and is authorised and regulated by the Financial Conduct Authority under Firm Reference Number 1015779 and are an Appointed Representative of TMG Direct Limited which is authorised & regulated by the Financial Conduct Authority under Firm Reference Number 786245 and registered with the Data Protection Act 1998 Registration Number: ZA178200.
Think carefully before securing debts against your home. Your home may be repossess if you do not keep up repayments on a mortgage or any other debt secured on it. The guidance contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.
