If you’re selling your property and moving to a new home, maybe as a part of relocating to Norfolk, there is a lot to consider.
One of the first and most important steps is understanding the cost of moving and establishing your available budget for buying a new home, and here at Sowerbys we try to help guide you in any way we can!
Our expert mortgage partners, Broadland Consultants, can help you with a “cost of moving” service to understand why it is important to be ahead of the game when you’re starting your search.
How can Broadland Consultants help?
Broadland Consultants provide a “cost of moving” service and can not only help you work out your cost of moving and the budget available for buying your new home, but they can deal with everything from the mortgage to insurances too.
Why Is Knowing The Cost Of Moving So Important?
There are many different steps in the journey when moving home but one of the most important from the outset is to establish your approximate costs for moving house, your mortgage finance payments and the purchase price budget available for your new property.
If you’re an existing homeowner with a mortgage and are considering ‘porting’ it to your next property, it’s important to note that your current lender will reassess your financial situation before approving the porting transfer request to the new property. This process, along with calculating all other estimated moving expenses, can be complex—but it doesn’t have to be stressful.
Broadland Consultants can assist with all of the above using their ‘Cost of Moving’ service. They can help with items like:
- Estimating Moving Costs: Help with calculating your approximate moving costs such as estate agent and legal fees, stamp duty costs and removals fees.
- Mortgage Porting Support: If you have an existing mortgage, completing a basic check with your existing lender to see if, in theory, you would pass their re-assessment of your situation.
- Calculating New Mortgage Payments: Help with calculating what the likely payments would be for top mortgage borrowing (if needed) or a brand-new mortgage deal.
- Establishing Available Equity: Establishing the final equity available in your current home to use towards items like your moving costs, works you wanted to complete on a new property and the final deposit available.
The good news is that the cost of moving service is free to customers of Sowerbys.
If you would like to learn more please contact the Sowerbys team who can arrange for Broadland Consultants to contact you to help with the above.