If you are moving home you may want to transfer your existing mortgage to your new property. Whilst this is possible in some situations, following nationalisation, we are unable to offer further loans. This means you will not be able to take your existing mortgage with you if you need to increase the size of your mortgage. If you need to borrow more, you will have to move your mortgage to a new provider who may be able to offer you a better deal.
To find out what options are available if you are moving home and are considering moving your mortgage with you, please contact us so that we can discuss your individual circumstances.
Will I have to pay an Early Repayment Charge to move my mortgage?
If you need to move your mortgage to another lender to borrow more money, then provided your new mortgage is at least £5000 greater than your remaining outstanding mortgage with us, then we will waive any Early Repayment Charge (ERC) if this would have applied to you.
To find out if and when an ERC may apply, please contact us for more details or check the Terms and Conditions of your relevant mortgage.
Please note - if we are to waive an ERC, we will need to see evidence that the new mortgage is at least £5,000 greater than your existing one by way of a copy of your new mortgage offer from your solicitor.
How do I find a suitable mortgage with another lender?
We recommend you speak to an independent mortgage adviser to find a mortgage that meets your needs.
If you do not have your own advisor or broker, we can refer you to our award winning partner mortgageforce
TM. mortgageforce
TM are one of the UK's leading mortgage brokers and can provide you with “whole of market” impartial, expert advice, at a time to suit you. As winners of numerous consumer and industry awards you can be confident that mortgageforce
TM will help you find the mortgage that is right for you.
So far over 10,000 of our customers have taken advantage of using this service so why not contact us and see how mortgageforceTM might help you. As an added incentive, they have agreed to waive their usual advice fees for customers that we refer directly.
If you would prefer to find your own broker, you can visit the independent Unbiased website. Please be aware that many brokers charge an advice fee for their services.
Alternatively you may want to try our unique mortgage finder system. This enables you to enter your specific criteria and search the whole market to find a better deal that meets your chosen requirements. Find a better deal 
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