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The Independent UK
The Independent UK
Business
Lori Campbell

Why porting a mortgage might be right for you when moving to a new home

Nevermind the sofa and the fridge - have you thought about taking your mortgage rate with you when you move home?

If you were lucky enough to lock in a cheap deal before mortgage rates went through the roof, and don’t want to lose it when moving, your lender may allow you to transfer it to a new property. This is known as “porting.”

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