Can I move my mortgage to a different house?

This is certainly a possibility.

Keeping your current mortgage and moving it over to a new property is known as ‘porting’.

You may want to port your mortgage product for 2 main reasons:

• It’s a great product and much better than those currently available
• To avoid early repayment charges (ERC)

When buying a new property you will need to apply for a mortgage with your current mortgage lender and ask them to transfer or port your interest rate deal over to the new home. The lender will still need you to qualify for the new mortgage and will look at your deposit amount, the new property, financial status including income and also your credit history.

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