Your home may be repossessed if you do not keep up repayments on your mortgage.

moving home

Moving Home

Let’s face it, moving home can be exciting. But sometimes, it’s also stressful. And even though you’ve bought a house before, it’s useful to refresh your memory about the steps involved - from finding a new property to sorting out the money and legal side of things.

Also, to make matters more complicated, you may also be selling your current home this time around, as well as buying a new one.

But don’t worry. We’re here to give you some valuable help and support on what you need to know in the form of this handy online guide. It’s packed full of practical tips and checklists to get you right back into the swing of moving.

Advanced Mortgage Solutions guide to buying

How much could you borrow?

Needing a larger place? Or perhaps somewhere smaller? Whatever kind of home you’re looking for, you first need to work out what kind of mortgage you can comfortably afford. Why not give us a call on 0116 348 0956 and we can quickly work out how much you can afford.

How much can you afford each month?

While it might be tempting to take out the maximum mortgage possible, you’ve got to be sure you can cover all your monthly bills and have enough left each month to enjoy life, if you’re moving to a larger home, some of the costs may be higher than what you pay now.

The upfront costs in moving

Hopefully you’ll have enough money (equity) in your property to cover the deposit needed for your next home. But don’t forget about the other costs associated with buying and selling a property and taking out a mortgage.

We have created a pdf guide detailing some typical ones that apply.

View the pdf, by clicking here

Work out your home buying budget

Why not give us a call on 0116 348 0956 and we can quickly work out how much you can afford.

Size of mortgage you can borrow + Size of deposit you have - Your house buying costs = Your house budget.

Choosing a mortgage

Unless you’ve found a house you want to buy, you don’t have to worry about choosing a mortgage just yet. We’ll help you decide what’s best for you, whether it’s a fixed rate, variable rate or tracker mortgage.

A fee of upto £250 non refundable fee is payable upfront depending on the individual case.