Ready to find your new home? Our guide covers the home move process from start to finish, including when to get onto Rightmove and the mortgage options available.
Thinking about moving home? From finding the right property to sorting your mortgage, there’s a lot to juggle. That’s why we’ve put together this guide to answer the most common questions home movers ask and share practical tips to make the process smoother.
What are the first steps to take when planning to move home?
Start researching what’s available. Check property prices on sites like Rightmove to get a sense of the market and explore your options. Speaking to your broker in these early stages means you’ll get a better idea of how much you can borrow. We can then secure a decision in principle (DIP) for you, allowing you to view homes within your budget.
How early should I start the mortgage process before moving?
Get in touch with your broker as soon as you’ve found your dream home, and we’ll get started with your mortgage application. On average, the home moving process takes approximately three months, depending on the solicitor's timelines.
What documents will I need to provide with my application?
Be prepared with:
- Payslips or tax documents - Typically from the last three months
- Bank statements - At least three months
- Proof of address - This can be a utility bill or council tax statement dated within the last three months
- A valid form of ID – This can be a passport or a driving licence
Having these ready upfront makes everything faster and less stressful. If you’re self-employed, your documents will look slightly different. Read our dedicated guide to purchasing a home when you’re self-employed here.
What mortgage options are available to home movers?
Generally, you’ll need to secure a new mortgage to purchase the property which requires a full mortgage application.
Some lenders allow you to ‘port’ your existing mortgage to your new property. We’ll review your options and help you choose the most cost-effective route.
Search mortgage rates you could access here >>
What costs should I budget for as a home mover?
Costs and fees will vary, but typically you should factor in:
- Solicitor fees
- Stamp duty
- Broker fees
- Moving costs
Budgeting for these costs ahead of time means no nasty surprises later.
How can early repayment charges affect home movers?
If you’re ending your current mortgage early, you could face an early repayment charge. We’ll check if porting or other solutions can help you avoid unnecessary costs.
What happens if my current property doesn’t sell in time for my new home purchase?
If your sale is delayed, regulated bridging finance can help you secure your new property. This can be a more expensive option, but sometimes it’s the best way to keep your move on track.
Why should I use a broker?
Using a broker means you’ll have expert support from start to finish. We’ll submit your mortgage application on your behalf, allowing you to focus on the excitement of moving home rather than the paperwork. We’ll also answer all your questions along the way.
To discuss your home move mortgage options or to ask us a question, get in touch on 0345 345 6788 or submit an enquiry here.
