Even though you’ve already gone through the lengthy process of getting a mortgage for your first ever home, it doesn’t necessarily mean that getting a mortgage the second time around will be easier.
That is why we are here to help. This is a great opportunity to review your mortgage arrangements, so we can find the best deal for you.
If you currently have a mortgage on a house and are planning on moving home, but wondering what happens to your current mortgage and whether you can keep it, we have the answers for you. Your mortgage is secured on your current existing property. When you move, your legal representative should pay off your mortgage for that existing house in full.
If you’re planning on moving home and buying that property, you need to start a new moving home mortgage.