Porting your mortgage allows you to transfer your existing mortgage deal from your current property to a new one. This can be especially valuable if you have secured a competitive fixed rate that you do not want to lose when moving home.
Many homeowners assume they must repay their mortgage and start again when buying another property. In reality, many mortgage products are portable, meaning the rate and terms can be moved to a new property, subject to lender approval.
This can help you avoid early repayment charges and maintain a favourable interest rate.
Homeowners often consider porting when:
They are moving home during a fixed rate period
Their current mortgage rate is lower than new market rates
They want to avoid early repayment charges
They want continuity in their mortgage payments
However, porting is not always straightforward and lenders still reassess affordability.
Porting your mortgage is not always the best option. In some cases, switching to a new mortgage deal could provide better value, even after early repayment charges are taken into account.
EHF Mortgages compares both options so you can make the right decision.
We help you:
If you are moving home in Chelmsford or elsewhere in Essex, EHF Mortgages can guide you through the porting process and ensure your mortgage continues to work for you.
Now is always a good time to talk about your Mortgage. Expert planning and support will give you the piece of mind you are looking for.
Our Mortgage Advisers will work directly with you, supported by industry experts to ensure you are well looked after during the mortgage process, reviewing your protection needs, and we can even help with your Will requirements.
Being a Directly Authorised Broker firm allows us greater freedom to use lenders large and small; High Street mortgage lenders you will recognise, plus smaller specialist lenders with unique schemes and bespoke underwriting opportunities.
Having access to almost every UK Mortgage lender doesn’t need to be expensive either. We keep our overheads low and pass on those savings to our clients. Our borrowers know they will save more than any fees we charge, and nothing is paid upfront – we only charge once the mortgage has been offered.
A great place to start – we offer a 30-minute free consultation to all potential clients to discuss your needs without any obligation.
We make the process of obtaining a mortgage as easy as possible.
Let’s understand your plan, assess your finances and ensure that you can afford the mortgage you need. We will assess what you can afford.
We obtain the agreement from the right mortgage lender, giving you the confidence to view, offer and agree to buy the right property.
Let us support you through this most important stage, checking the property is accepted and your finances are good to go, moving you to Offer stage.
Solicitors finalise the legal work, request money from the mortgage lender, complete the purchase and you have the keys to your new home.
There are plenty of reasons to work with EHF Mortgages
By having independent access to the UK Mortgage market, we are able to provide you with the widest choice of products and will always have the most competitive deals.
We always offer a free no-obligation meeting, so we can understand your situation, your goals and show you how we can help.
We don't just stop with your mortgage, we like to keep you informed about the changes within the market and how this affects your future mortgage needs.
Now is a great time to start your mortgage journey with EHF Mortgages.
Specialist Mortgage Schemes backed by extensive market knowledge and significant lender choices.
Don't put your home or family at jeopardy, tailored protection solutions to your individual needs.
