Home Mover Mortgage

Specialising in pairing people with their perfect mortgage

Moving Home? Need A Mortgage?

If you’re considering moving home but you’re not sure what to do about your existing mortgage, then we are here to help you. Even though you aren’t aware of the options available to you, rest assured, you do have them and we can help you find the most suitable home mover mortgage for you.

Regardless of whether you are moving into a new home, you are a first-time buyer or if you are looking to buy-to-let, we can help you get on to the property ladder.

Finding Your Ideal Mortgage

Obtaining a mortgage is viewed as one of the most difficult financial processes we can go through in life, but it doesn’t have to be this way. A mortgage is also considered the biggest single outgoing a household will have each month. When it’s such an important part of your life, it’s best not to make any rash decisions when it comes to choosing your mortgage, as you could regret it if you choose in haste.

We are on-hand to help find you your ideal mortgage. We understand that most people will need to borrow money in order to buy a home, but it can be difficult to establish where to start with the number of different types of mortgages that are available on the market.

However, we can help make the process of obtaining a home mover mortgage that little bit less overwhelming, as we can help you find the right mortgage tailored to your individual circumstances.

Kiran
Kiran
2024-01-15
Cannot recommend Regal Finance enough! Matthew and Kirsti were amazing and completely took the stress out of the process. They were always available to answer questions and guide us through everything. I found they had access to a wider range of products than other advisors I had used in the past. I will be recommending Regal Finance Group to everyone I know!
L Fowler
L Fowler
2024-01-04
Matthew and his team have gone above and beyond to help us with our mortgage. As first time buyers we decided to seek advice from a mortgage advisor. After having an offer accepted on a house we needed some support with the mortgage fairly quickly and Matthew managed to fit us in out of usual hours to suit us. We had a very detailed call with him and all our questions were answered. From this point onwards Kirsti managed our application and the whole process was fast and effortless as they managed everything. We made the best decision using Regal finance. If you choose to go with Regal you’ll be in good hands.
Jamie Wells
Jamie Wells
2024-01-04
I can’t recommend regal finance group enough. Kirsti and Matthew have been amazing. They are so quick to respond and the advice they give has been so helpful. Don’t hesitate to get in contact if you need a mortgage. Thanks Jamie and Lauren
Sam Powell
Sam Powell
2023-12-07
Excellent service and company
Erion Andoni
Erion Andoni
2023-10-10
I recently had the pleasure of working with Rick to secure a mortgage for my new home and a buy-to-let mortgage for my existing property. Rick's assistance was truly invaluable throughout the entire process. Rick effortlessly guided me through both processes, making sure every detail was covered. His commitment to assist and his availability and willingness to answer my questions, no matter how small was exemplary. Rick's expertise in mortgages was impressive. He made a complex process seem straightforward. I wholeheartedly recommend Rick as a mortgage broker. He is not only skilled but also genuinely cares about his clients' success.
Yolanda
Yolanda
2023-09-27
I did my due dilligence looking at various brokers and was pleased to have received excellent help and direction from the Regal Finance Group. From the lead advisor to the administration team we were kept updated and communication was steady. Our situation was not an easy one for the team but they persevered and assisted us well.
Peter Nelson
Peter Nelson
2023-08-22
We've had a great experience with Regal Finance Group both getting our mortgage initially and now re-mortgaging a few years later. Particulalry during the current turbulent market we really appreciated how calm they made us feel by presenting our options clearly and answering all of our questions. We'd highly recommend them, they have really taken the stress out of mortages!
samantha sothcott
samantha sothcott
2023-08-02
Matthew and Kirsti at Regal Finance have been absolutely brilliant through a difficult remortgage. Always available to talk through anything and explain processes when needed. I would definitely recommend their services and thank them for their guidance.
amy evans
amy evans
2023-08-01
Kirsti and Matt were super helpful and always at the end of the phone to explain everything in detail to me. They saved us a lot of money and had great contacts to use and everyone worked together really well to get it over the line in time. Would highly recommend
izzy P
izzy P
2023-06-15
Can not recommend enough! Matthew and his team gave me the most amazing support throughout my process. Buying a property for the first time can be daunting and Matthew gave me fantastic advice and talked me through everything in as much detail as I needed.

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What Options Do I Have?

Depending on whether you are buying your first home, you want to remortgage, or if you want a fix-rate, variable or buy-to-let mortgage, there are plenty of different options to choose from.

If you’re unsure, all you need to do is give us a call and we go through your options with you to identify the best type of mortgage for your circumstances.

In order to help you decide, here are some of the main different types of mortgages available:

Fixed-rate Mortgages

This type of mortgage is pretty self-explanatory. A fixed-rate mortgage has an interest rate that stays the same for a set period of the term, for example, three to five years. It is not unheard of for the lender to fix the rate for 10 years or even longer.

The attraction of a fixed-rate mortgage is that your payments stay the same throughout, and you don’t need to worry about interest rates rising. For example, if the Bank of England’s base rate goes up and lenders increase their standard variable rate (SVR) loans, you will continue to pay the same rate.

The downside to fixed-rate mortgages is that if the interest rate reduces, you won’t be able to benefit from it. You will also need to pay a fee or penalty if you want to get out of the deal before the end of the term.

Offset Mortgages

An offset mortgage means you go without earning interest on your savings in order to save paying interest on your mortgage. Offset mortgages are often a worthwhile investment as mortgage interest is usually much higher than any interest you will make on savings. This type of mortgage is becoming more and more popular as Independent Savings Accounts (ISAs) with rates that can compete with offsetting are hard to find.

Interest-only Mortgages

With interest-only mortgages, you only pay the interest each month, and the amount you initially borrowed remains the same, which makes them the least popular type of mortgage.

This means that when you come to the end of the term, or if you sell the property, you will still owe the lender the entire amount you borrowed. Unlike a repayment mortgage where you would own the property at the end of the term, you don’t own anything with an interest-only mortgage, as the bank owns your home.

First-time Buyer Mortgages

If you are a first-time buyer, you’ll be pleased to hear that there are mortgages available that are specifically tailored to first-time buyers and sometimes they can include incentives such as cashback, low fees or even contributions to legal fees.

There are a few schemes to help you purchase your first home too. If you are considering a new-build, you might find it beneficial to look into the Help-to-Buy scheme, which is backed by the government. As long as you can find 5% of the deposit yourself, they will loan you up to 20% of the deposit. Which means you could have a 25% deposit towards your new home, so lenders will give you a lower interest rate.

How Much Deposit Will I Need?

With general day-to-day living and rising house prices, saving for a deposit can be difficult for many to achieve. However, there are some lenders out there that will lend up to 95% of the overall price, meaning you only need to raise 5% of the asking price as a deposit.

Occasionally some lenders will offer 100% mortgages, but these usually attract a high-interest rate.

Give Us A Call

Want to find out more about home mover mortgages? Get in touch and we will help find the best type of mortgage for your needs.

Get A Mortgage With Regal in 3 Easy Steps

One

Step 1

Complete an enquiry form and an advisor will call you back.

Two

Step 2

Send us the documents we need.

Three

Step 3

Receive a Decision in Principle from one of our lending panel.

Got A Question? Get In Touch