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Capital Assure

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Moving Home

Helping you find the best mortgage for your circumstances

What is a moving home?

A moving home, also known as a home purchase mortgage, is a loan specifically designed to help individuals finance the purchase of a new property while selling their existing one. This type of mortgage allows homeowners to move to a new property without having to pay off their current mortgage in full.

We are here to assist you with your Moving Home requirements.

Key Considerations When Obtaining a Moving Home:

Financial Assessment:
a. Current Mortgage Evaluation: Review the terms and conditions of your existing mortgage, including any early repayment charges or penalties for paying it off early.
b. Affordability: Assess your financial situation, including income, expenses, and any changes in your circumstances, to determine your affordability for a new mortgage.

 

Property Valuation and Equity:
a. Property Valuation: Obtain a professional valuation of your current property to determine its market value, which will help estimate the equity you can use towards your new property.
b. Equity Considerations: Assess the equity available in your current property and consider how it will impact the deposit and borrowing capacity for your new mortgage.

Sale and Purchase Timing:
a. Chain Considerations: If you’re part of a property chain, where the sale of your current property is dependent on the purchase of a new one, consider the potential challenges and contingencies involved.
b. Bridging Finance: Explore bridging finance options if you need temporary funding to cover the gap between selling your current property and purchasing a new one.

Mortgage Options and Rates:
a. Mortgage Rates: Research current mortgage rates and compare offers from different lenders to secure the most competitive rate for your moving home.
b. Mortgage Type: Consider the various mortgage options available, such as fixed-rate mortgages, tracker mortgages, or variable-rate mortgages, and choose the one that best aligns with your financial goals and circumstances.

Seek Professional Advice:
a. Mortgage Broker: Engage a mortgage broker with expertise in moving home to guide you through the process, compare offers from different lenders, and ensure you secure the most suitable mortgage.
b. Solicitors and Conveyancers: Seek advice from legal professionals who specialise in property transactions to ensure a smooth and legally compliant transfer of ownership.

Our lenders

Why Choose Us?

Capital Assure is an appointed representative of PRIMIS Mortgage Network. As a mortgage broker, we work for you and not the lender.

Happy Customers

We’re proud to offer expert mortgage advice for people based in Kent, Essex and the home counties.

Tessa
Tessa
2023-06-04
Lawrence, our mortgage advisor was extremely helpful, answering every question we had and he took the time to explain every step along the process. I would definitely recommend Lawrence and Capital Assure.
A Waheed
A Waheed
2023-05-15
I am using Capital Assure Lawrence Jennings to last two mortgage fixed rate offer and very happy with their services.
Deukumar Gurung
Deukumar Gurung
2023-05-12
Lawrence kept on informed about my ongoing mortgage and gave me perfect advice to reserve advance to secure the right price.
wendy winchester
wendy winchester
2023-04-13
Lawrence was very helpful and exceptionaly efficient would throughly recommend him to anyone looking for a competitive and speedy mortgage
Emily K
Emily K
2023-01-31
This is the second time I have used Capital Assure, Lawrence made sure to break down the jargon and was transparent about my options, ensuring I had confidence in my decision.
Mo Ferhatovic
Mo Ferhatovic
2023-01-19
Lawrence was very useful in helping me decide how to proceed with my mortgage during the current economic climate. Very professional and knowledgeable service provided with a straightforward application process.
Jalaludin Ahadzada
Jalaludin Ahadzada
2023-01-15
One of the best I can’t fault them at all. Been using this company for 3 years thank you