Porting is when you transfer your existing mortgage deal to a new property with the same lender. It’s an option for homeowners who want to move home without switching lenders, which can help avoid early repayment charges or losing a low interest rate. If you want to change lenders, you’ll need a new residential mortgage instead.
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Mortgage Brokers Near Me LTD is an Appointed Representative of The Right Mortgage LTD which is authorised and regulated by the Financial Conduct Authority. The guidance and/or information contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK. The Financial Conduct Authority does not regulate Will Writing and some forms of Trusts and Buy to Lets. A fee may be charged for mortgage advice. The exact amount will depend on your circumstances.
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