Your lender must approve the new property based on their lending criteria. Some properties, such as non-standard constructions, may not be eligible.
While you may avoid early repayment charges, lenders may charge valuation, legal, or admin fees. We help you understand any costs involved.
Yes, if your new home is more expensive, you may be able to apply for a top-up mortgage. This additional borrowing may be on different terms.
The process can take a few weeks, similar to a new mortgage application, as the lender will assess your affordability and the new property.
Your lender will reassess your income, credit history, and affordability. If your circumstances have changed, it may affect your ability to port.
Not always. If better mortgage rates are available elsewhere, remortgaging could be a more cost-effective alternative. We help you compare all options.