Features and Benefits

Portability

A mortgage which is portable can be transferred to another property should you move house.

This is particularly important if the mortgage you have chosen has early repayment charges as the lender would require these to be paid if the mortgage was not portable. Portability has greater importance if you choose a product with a special rate for a longer period.

The Lender, as an incentive, will offer a lump sum of cash once the mortgage has been taken out. The amount will vary from lender to lender and on the size of the mortgage. The amounts can range from a flat to a percentage of the loan.