AA Mortgages Services Logo phase 3

Moving Home

Moving to a new home is always an exciting but potentially stressful time. Our expert mortgage advice can help make your move go a little more smoothly.
Contact Us

Moving home in the middle of my current mortgage deal

Many homeowners mistakenly believe that they’re unable to move home, even if they need to for work or more space, due to a fixed term mortgage deal that still has time to run. This is incorrect. It’s still possible to move home without incurring any penalties if you take your current mortgage deal with you. Even if you wish to change your mortgage, perhaps in search of a more competitive deal if you're extending your borrowing, it’s still possible.

If you’re towards the end of your current deal you may be able to exit without a penalty. Alternatively, the penalty may soon be recouped from the savings on a new deal. Either way, expert mortgage advice can help you negotiate the best option for you.

How does the value of my property affect my mortgage? 

The amount of equity you have in your current property will impact the range of mortgages you will be able to choose from to purchase your new property. As a general rule, the larger the percentage of equity you can put into any purchase, the more competitive the offers you’re likely to receive will be.

As a home mover who has accrued substantial equity you are likely to be able to access the best mortgage deals available. Our in-depth knowledge of the mortgage market can help make sure you don’t miss out.

What are your options?

Whether you’re moving to a new area, need more space or are looking to downsize, tailored mortgage advice can make the whole process considerably easier. If you already have a mortgage and have built up equity in your property the range of mortgage options is wider than if you’re a first time buyer. Our expert advice can help you find the right deal whatever your circumstances.

We are here to help you

Speak to our experienced AA Mortgage adviser today
AA Mortgage Services, a trading style of AA Mortgage Services Ltd is an appointed representative of HL Partnership Limited, 
which is authorised and regulated by the Financial Conduct Authority.​

The Financial Conduct Authority do not regulate some aspects of buy to let and commercial mortgages. ​

The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.

There may be a fee for mortgage advice. The precise amount of the fee will depend upon your circumstances but will range from £295 to £695 and this will be discussed and agreed with you at the earliest opportunity.

©AA Mortgage Services 2024 - All Rights Reserved - Website Development by Accentuate