Home Movers Mortgage

Seamless transitions with our mover’s mortgage. Simplify your relocation journey

What is a Home Mover Mortgage?

A “home mover mortgage” refers to a type of mortgage specifically designed for individuals who are planning to move to a new home. It is a home loan that assists people in purchasing a new property while selling their existing one.

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Who is a HomeMover Mortgage For?

This mortgage is typically used by homeowners who are looking to “move up the property ladder” by buying a more expensive or larger home. It allows them to secure the financing needed to purchase the new property while taking into account the equity they may have built in their current home. The homeowner often uses the proceeds from the sale of their existing property to pay off or reduce the mortgage on the new one

When are Home Mover Mortgages Used?

The homeowner often uses the proceeds from the sale of their existing property to pay off or reduce the mortgage on the new one. Homemover mortgages come in various forms, including fixed-rate and variable-rate mortgages, and they offer different terms and conditions. The choice of mortgage will depend on the homeowner’s financial situation and preferences. These mortgages are commonly sought when someone is relocating, upsizing, or downsizing to a different property.
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