Home Mover Mortgage

Moving Home:

If you are looking to move home, the first thing you should consider is how much your existing property is worth. To get a realistic valuation of your home we recommend that you invite three Estate Agents to assess the value and ask them to confirm their valuation in writing to you. Once you have all three valuations you should take an average of the three and in most cases this will be a fair indication of what you should expect to achieve if you decide to sell.

A growing number of people now choose to keep their existing property as a long term investment. If you believe that your property would rent easily this might be something you wish to explore. Once again we recommend that you obtain three valuations for rental purposes and take an average of the three. This type of transaction is known as “let to buy” and more information can be found on our website: www.mortgages-remortgage.com/let-to-buy.htm

Your Existing Mortgage?

If you already have a mortgage this is the time to dig out your original mortgage offer or contact your lender to obtain the following information:

• How much is outstanding
• What interest rate is being charged
• When does the existing deal end
• Are there any early repayment charges
• Is the current mortgage portable, i.e. can it be transferred to another property

Initial Advice:

Armed with the above information this is the ideal time to contact Smaart Associates. We will discuss how much you might be able to borrow toward your onward purchase and answer any questions you have about the moving process. Call us directly on 0800 756 9556.

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Buy to Let Centre		Insurance Centre		Legal Service / HIPS

Services which might be of interest:

We have prepared a moving home toolkit designed to make the process of moving home that little bit easier. Please visit www.mortgages-remortgage.com/toolkit.htm for further details.

Budgeting:

Before applying for a mortgage or remortgage it's important that you understand what your existing commitments are and how much you can afford in repayments for your mortgage.

Your Smaart Associates Adviser will help you establish a budget for your new mortgage but to get started please try using our online budget planner.