Your Broker at Hawke FS will work with you to arrange the most suitable mortgage product for your onward purchase.

They will take into account your current mortgage, which will need settling. There are often two options:

1. Your Next Tim Buyer Adviser will assess whether it is best to port your current deal, which will likely be the most cost-effective if you’re subject to early repayment fees.
2. They will also assess whether it is better to look at refinancing with a new bank for your next property.

As well as completing your mortgage application your Adviser will liaise with both your selling agent and the vendor’s agent, together with your solicitor to ensure that the process runs as smoothly and conveniently as possible.

Despite having gained a good level of understanding of the mortgage process as a First Time Buyer, it is not guaranteed that applying for the mortgage on your next home will be any less complex or daunting. It can sometimes be doubly complicated; you have your First Home’s Mortgage to tie up, as well as your new one to organise.

If you are looking to buy a second property the availability of mortgages is restricted with some lenders. Hawke FS will save you time on finding the most suitable lender based on your intended property use.

If you are considering letting your current property and buying a new house to live in there are many considerations to make. Please visit our dedicated Let To Buy page for all the information you need.