Looking to move home this year?
According to Right Move*, February is the best month to list your house for sale. But if you’re looking to move home this year, now is the
time to get your finances in order. In our latest article we look at what steps you should take if you’re looking to sell your house this Spring.
Historically, Spring is a popular time for people to list their house for sale. And according to Zoopla**, between February and June is when the housing market bursts into action as buyers start looking for somewhere new.
6 key steps to getting a home mover mortgage
But it you’re planning to move home this year it’s not all about sprucing your house up for sale. You need to get your finances in order and book an appointment with a mortgage adviser. Your mortgage adviser will help you in 6 key ways:
- Take the time to properly understand how much you can afford to buy. We’ll look at your outstanding mortgage, your financial commitments and work out what is affordable for your next steps.
- Help you understand all the fees and charges involved with moving house. Including Stamp Duty, Estate Agent charges, removal costs and conveyancing fees.
- We’ll review all your mortgage options. Including whether to port your mortgage to your new property or paying off your mortgage and taking out a new one. Of course we’ll help you understand if there are any ERCs involved with either options and any T&Cs involved with your current lender.
- If the home you want to buy is more than your current home, we will help you understand if you can borrow more. Taking the time to explain the various options and which is the most suitable option for your circumstances.
- If you are looking to keep your existing property, we can also talk about Let to Buy options for you.
- When you speak with us about your moving home mortgage, we can talk to you about what additional services you may need. And can refer relevant businesses to you should you wish including conveyancing, energy performance certificates and specialist property reports.
If you want to be like the other 87% of people now using a mortgage broker, why not get in touch?
Searching the market yourself can be time-consuming. But with our help, we can compare thousands of mortgages, including exclusive deals and lenders that you wouldn’t otherwise have access to. We have regular contact with a wide range of lenders, some of whom you may not even know exist! With our help, you won’t have to search or contact each individual lender in order to compare the mortgage terms and rates; we’ll do all that for you.
If you are looking to move home this year and you’re interested in having a no obligation chat about your mortgage, why not get in touch? We don’t charge anything up front, so by speaking to us, you are under no obligation. We are based in Salisbury, Wiltshire, but we can help you no matter where you live in the UK.
Simply call Your Mortgage Expert on 01722 322683 or complete a contact us form on our website and tell us when it would be best to get back in touch with you.
*Source: https://hub.rightmove.co.uk/february-revealed-as-the-best-month-to-list-a-home-for-sale/
**Source : https://www.zoopla.co.uk/discover/selling/when-should-i-put-my-home-on-the-market/