A home movers mortgage, put simply, is when you change your mortgage provider, move to a more expensive/larger property or downsize. As a home-mover, you’ll already have a mortgage in place and you’re probably considering whether to add to your current mortgage, or to get a new one. Or, if you’ve come across porting, this is another option. It means to transfer your current mortgage to your new property, but potentially with an additional mortgage required if you’re upsizing.
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