Specialist finance Lender of the year
Mortgage Introducer
• Over 1,200 reviews
• Over 1,900 reviews
Specialist finance Lender of the year
Mortgage Introducer
• Over 1,200 reviews
• Over 1,900 reviews
Specialist finance Lender of the year
Mortgage Introducer
• Over 1,200 reviews
• Over 1,900 reviews
Your home may be repossessed if you do not keep up repayments on your mortgage.
Moving home can be a big step, especially if you are moving due to a change in your circumstances. If your financial situation has changed since your last mortgage, our specialist team will look at your application with common-sense lending in mind, not simply a credit score.
Up to 4 individual applicants can be accepted on one mortgage and we can factor in benefit income as part of our affordability checks. If the sums show you can afford the mortgage, we are on hand to help.
We can also accept automated valuations for your property, using data from a range of existing databases to automatically calculate a value, greatly reducing the timescales to access funds.
Mark and Amy had found their ‘forever home’ and they’d had their mortgage approved with a major bank. However, despite them both being professionals with good salaries and perfect credit histories, the bank ultimately went back on their decision when they realised that both Mark and Amy had been self-employed for just over 12 months.
With just a few weeks until they needed to complete on their dream home, the couple needed a lender that could help them and move fast. So they spoke to Together, and we funded the deal in just 8 working days. Ready to see how we could help you?
Figures and details from a real Together mortgage customer. All personal information anonymised. While we aim to lend within the shortest possible timescales, speed of funding varies with every case.
Amount sought
Desired term
Time from application to funding
Do you want to understand the potential cost of your mortgage or loan?
We can give you an idea of the monthly costs with just a few details like the property value, your deposit amount and how long you need the loan to last.
How much can I borrow?When you move house, you have a couple of options when it comes to your mortgage.
You can simply pay off your mortgage with the money from the sale of your old home and take out a new one on your property.
If you’re happy with your current rate and don’t want to take out a new mortgage, you could be able to transfer your existing loan to your new property through a process called ‘porting’.
Not every lender allows you to do this however, and you could still be blocked from doing this, even if your mortgage is portable as there is no guarantee your lender will allow you to move it.
You usually can move house during a fixed term period but most mortgages have an early repayment charges. So make sure to check:
The amount of Stamp Duty Land Tax (SDLT) you’ll need to pay depends on what type of buyer you are, and what band rate you fall into – you’d fall into a different band if you were buying a holiday home than you would as a first time buyer.
You can find out the latest information on SDLT on the government's website.
Some lenders do allow for an existing mortgage to be moved to another house – this is called ‘porting’.
However at Together, we would need your existing mortgage to be paid off and for you to apply for a new one.
For example: A mortgage of £146,000 payable over 22 years, initially on a fixed rate for 5 years at 8.24% (and then on a tracker rate for the remaining 17 years at 1.8% above the Together Homeowner Managed Rate (THMR)) would require 60 instalments of £1,218.87 followed by 204 monthly payments of £1,475.77 plus a redemption administration fee of £100.00. Read more information on THMR.
The total amount payable would be £374,289.28 made up of the loan amount (£146,000) plus interest on the loan (£223,075.42), arrangement fee (£1,495) plus interest on this fee (£1,748.62), broker fee £862 plus interest on this fee (£1,008.24) and the redemption administration fee (£100.00).
The overall cost for comparison is 10.4% APRC representative.
The actual rate available will depend upon your circumstances. Ask us for a personalised illustration.
