Moving Home Moving home can be a stressful time – so whether you are relocating for work, upsizing as the family grows or finding the prefect retirement property, we can support you through the process, helping you enjoy the pleasure of finding your new home.
Why Basil James?
As a home owner, you will already have been though the home buying process at least once. Basil James are here to help you understand any changes in the mortgage market and subsequently find the most suitable mortgage for your circumstances.
We will also go through the other associated costs when moving home and help you calculate how much these are likely to be, to help you budget.
As with our other mortgage products, we can offer you mortgages from “across the market” – as we do not just offer mortgages from a single lender we have a far wider range for you to choose from.
Basil James will review your current mortgage with you, including identifying any early repayment charges to your existing lender should you require a new mortgage with a different lender. Some mortgages are “portable” which means you will be able to take them with you when you move, however you will still need to reapply for the mortgage and either your circumstances or the lenders criteria may have changed, meaning you need to look at alternative products.
If you do meet the criteria and your mortgage is portable, we can then compare the product you already have against other mortgages available, helping you to decide whether moving your mortgage is the best option for you.
We can advise which products you should apply for - different lenders have different criteria, for example some will not lend on properties above a shop or in a high rise, we can assess which mortgages you are likely to be accepted for based on property type, income and credit score, avoiding unnecessary time making applications.