Many mortgages are 'portable', which means you may be able to transfer your current mortgage product to a new property.

3 июл. 2024 г. · Key Takeaways · A portable mortgage is a type of home loan wherein you essentially transfer your old mortgage from one property to a new one.

29 янв. 2024 г. · Porting your mortgage means taking your existing mortgage – along with its current rate and terms – from one property and transferring it to another.

The majority of mortgages are portable, so you can usually consider this option when looking to move house.

To find out if your mortgage is portable look at your most recent mortgage offer document. If you can't find a copy of this, or are not sure, please contact ...

25 июл. 2024 г. · Most mortgages available now are portable, whether they're on a fixed rate or variable rate. But it's important to check with your lender, or ...

You can port your mortgage if you're purchasing a new property at the same time you're selling your existing one. How moving your mortgage can save you money.

Porting is paying off an existing mortgage and taking out a new one with the same terms on a new property. This allows you to keep your current interest rate.

23 окт. 2024 г. · A portable mortgage is a mortgage that permits the mortgage borrower to transfer their mortgage balance to a new property and with the same lender without ...

One of the first things to remember is that not all mortgages are portable, meaning you may not be able to transfer your current mortgage to your new home. It's ...