Existing Borrowers Supported When Moving House

27 January 2016

Middle Aged Couple

Looking to move home? Moving home can often be a stressful experience, but Monmouthshire Building Society is able to offer a range of mortgage products and other services to support existing mortgage borrowers.

If you have a Monmouthshire Building Society mortgage already, many of the Society’s mortgage products are ‘portable’ which means that your existing mortgage could be transferred to a new property (in England and Wales), subject to the product terms and conditions and our full underwriting criteria.

Transferring your existing mortgage to a new property can allow existing mortgage customers to borrow additional monies, if required, to purchase the new property and/or make improvements to the property being purchased (terms and conditions apply). Furthermore, this can allow existing borrowers to avoid paying an Early Repayment Charge (if applicable) where the required loan amount is the same or higher than the existing loan.

If you are looking for a new mortgage deal, we offer a range of competitive mortgage products* (with no Early Repayment Charge) exclusively for those existing borrowers who are looking to move house.

Monmouthshire Building Society, with over 147 years’ experience in lending to borrowers in England and Wales, prides itself on its flexible, personal approach to mortgage lending, and our friendly, knowledgeable team are here to help. As part of our mortgage service, we will advise and make a recommendation for you after we have assessed your needs in full. Mortgage advisers are available Monday to Friday 9am to 8pm (from 10am on a Wednesday) and on a Saturday from 9am to 4pm. Please call us on 01633 844351 for more information and to discuss your needs with one of our mortgage advisers.

The Society also has a savings product for those looking to save to buy their first house, and a legal services panel who can assist with your conveyancing needs. Please call us on 01633 844400 for further details.

*Please note that products may be withdrawn or replaced at any time and without notice.

Your home may be repossessed if you do not keep up repayments on your mortgage. Think carefully before securing other debts against your home.

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