Moving House Mortgage
Moving house? Here is our Moving House Mortgage Hub, where we’ve broken down moving home into 4 easy steps.
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On this page:
Step
Research Buying and Moving House
Learn the basics about buying and moving home first.
On this page we go through porting, switching to a new mortgage lender and rate, tips for moving home and searching for a new property, selling your current house, the costs involved in moving home and more.
An Experts Guide to Home Moving - September 2025
Moving home is one of the biggest financial decisions you’ll make, and getting the right mortgage can make the whole process smoother. From understanding how much you can borrow to managing the timing of your sale and purchase, preparation is key.
Exploring your mortgage options early not only gives you more choice but also helps you move with confidence when the right property comes along.
Chris Wallis
Chief Executive Officer
Steps
Find Out How Much You Can Borrow
Once you have a clearer idea of how the moving home process works, what your goals are and what your journey will look like, you can start getting into the numbers. With our mortgage borrowing calculator you’ll be able to work out how much you can borrow on a residential mortgage, based on your income.
Our residential mortgage borrowing calculator will give you an estimate of how much mortgage you can get. Simply enter your income and press Calculate.
If you’re looking to borrow money to purchase a property, we strongly advise that you speak to our mortgage advisers to find mortgage deals that match your unique situation
Mortgage Calculator: How Much Can I Borrow?Mortgage Deposit Saving CalculatorMortgage Loan-to-Value CalculatorStamp Duty Calculator
How much can I borrow on a mortgage?
This is not a quotation under the Consumer Credit Act. Figures are subject to validation of income, credit checks and a property valuation.
As a guide, you could potentially borrow around:
As long as you've got a 10% deposit, good credit history, and no big debts or expenses, you should be able to borrow up to .
The amount you could potentially borrow…
Calculating the amount you could borrow
How is this calculated?
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Next Steps
Speak to our team for a free consultation and more advice on what you can borrow.
Mortgage Deposit Calculator
To work out how much you will need to save each month to reach your deposit amount, try our calculator below.
This calculator is for illustrative purposes and you should check the progress of your savings and review it regularly to ensure you are on track to reach your amount by the target date.
You can also use this tool as a buy-to-let mortgage deposit calculator or to calculate your deposit savings for a residential property.
Below you’ll find information on mortgage eligibility and what satisfies a lender’s requirements.
What you will need to save per month
The amount you'd need to save could be…
Calculating your saving amount
How is this calculated?
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Next Steps
Speak to our team for a free consultation and more advice on what you can borrow.
What Is My Loan-to-Value?
This is not a quotation under the Consumer Credit Act. Mortgage application approvals are also subject to validation of income, credit checks and a property valuation.
Your LTV is:
Your LTV could be…
Calculating your LTV
How is this calculated?
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Next Steps
Speak to our team for a free consultation and more advice on what you can borrow.
Stamp Duty Calculator
Let us know the value of the residential property you’re buying, if you’re a first time buyer or if it’s a second home, then press Calculate.
Once you know how much Stamp Duty you’ll be paying, speak to our experts and we’ll help you compare 1000s of mortgage deal from across the market to assess what your next steps are. If you’re a landlord and are buying a buy-to-let property, use our buy-to-let Stamp Duty calculator.
Note this Stamp Duty calculator is for the current tax year: 2025/26.
Stamp duty payable:
Your Stamp duty could be…
Calculating your Stamp duty
How is this calculated?
Next Steps
Speak to our team for a free consultation and more advice on what you can borrow.
Moving home deposits and costs
You still technically need a mortgage deposit when you move home and take out a new secured loan, it’s just it normally comes from the equity you’ve built up in your current residence with your existing mortgage. Learn about this and other moving home costs to consider below.
Step
Find out more about mortgage types
Compare Mortgage Rates
By the time you reach this step, you’ll have a better understanding of what’s right for you and will have laid the groundwork so you can start to seriously compare residential mortgage deals currently on the market in the UK. Basically, you’ll be ready to find the best option for you as a homemover and apply for your new mortgage!
Mortgage types explained
You hear a lot jargon when you buy a house so it can be hard to know what mortgage is best for homemovers.
We’ll help you answer the following questions:
- Do you want a repayment or interest-only mortgage?
- What other special features might appeal to/suit you?
- What type of interest rate option would suit you – tracker, discounted, fixed?
Residential Best Buys
Based on a mortgage of £125,000 at 50.00% LTV.
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Provider
Initial Rate
3.00%
Then 3.00% (variable)
Cost Comparison
5.00% APRC
-
Provider
Initial Rate
3.00%
Then 3.00% (variable)
Cost Comparison
6.00% APRC
-
Provider
Initial Rate
3.00%
Then 3.00% (variable)
Cost Comparison
6.00% APRC
Porting
When you move a mortgage to a new house, you “port” it. Porting simply means you transfer your existing mortgage from your current property to your new property. Technically, your existing mortgage is repaid upon the sale of your existing property and a new version of the same product is taken out on the new property. This happens at completion.
You may want to move home with your existing mortgage if you have a particularly competitive rate that you want to keep or to avoid any ERCs (early repayment charges). You’ll need to ask your broker whether your mortgage is portable.
Even if your mortgage is portable, you still may not be able to take it with you when moving home as you’ll have to reapply for the mortgage with the lender. You may not qualify if your circumstances and/or the criteria have changed, or the property you’re looking to buy is deemed unsuitable security by your current lender.
The house buying and mortgage process
Even if you’ve been a homeowner for some time, the process of buying and selling your property is always daunting. Maybe you waded through the process so long ago that you’ve forgotten how it works. Or, maybe you’ve never moved before and this is all new to you.
What you need to know
Which mortgage is right for you?
You don’t have to get the exact same sort of mortgage when you move home – you can if you want though! Here’s a quick refresher on some popular mortgages when moving home.
Fixed rate mortgages
A fixed rate is a set rate of interest for a set period of time. Once that period ends, the rate reverts to the lender’s SVR. Fixed rates are available for many different lengths of time, e.g. 2, 3, 5, 10 years and sometimes longer.
Self-employed mortgage
If you’re freelancing or self-employed, getting a mortgage can seem complicated, but rest assured that there are plenty of lenders who offer self-employed and freelancer mortgages. Expert advisers, like John Charcol, can help you through the process.
Best Tracker & Variable Rate Mortgages
A tracker mortgage is a mortgage with a variable interest rate that moves directly in line with the Bank of England Base Rate. A variable interest rate is a rate that isn’t fixed but changes. Tracker rates are always above the Base Rate by a set margin, such as from 0.5%.
Joint mortgage with parents
Mortgage lenders have now recognised how difficult it can be for first-time buyers to get on the property ladder. In response, they’ve developed a variety of mortgage products to help.
Step
Ready to Find the Perfect Deal? Speak to the Experts
At John Charcol, we’re there from the very start of your journey to guide you through each and every step.
Start your journey today
Book an appointment with an adviser today and we’ll find you the best first mortgage deal, for free.