Subsequent house purchases.

[bedpicnic]

Please can someone explain how the house buying process works with subsequent house purchases?
We were first time buyers with this property and are locked into a 5 year old deal with the bank that doesn't allow us to port our mortgage. When we come to sell how do we organise the house sale to avoid the early exit fee?
For example, say our mortgage ends in November - would we list sometime in Spring/summer? It's highly unlikely completion would happen exactly in November so what happens if you roll over past your 5 year deal? Do you just stay with your existing provider for those extra months and pay their variable rate?
Anything else to consider? Thankyou

You go on a variable rate or get a new fix. Which you oI can port

It's free to move in the last three or six months of your mortgage, and the early exit fee gets less and less the closer you get to the end of your mortgage term. Look it up, it will be in your small print.

Yes you just stay with your existing provider and switch to a variable rate.
Also, the early exit fee reduces as you get closer to the end so if you move a bit early it probably won’t cost you much at all. Check with your provider.