Putting house on market

[Stumpy54321]

Hi. We are in the process of remortgaging due to our fixed rate deal coming to an end. We also will be wanting to put the house on the market soon. Can we put the house on the market during this time ? Or will we have to wait until the new mortgage is in place? We was going to leave the mortgage until we sold the house but the monthly payments would have gone up too much as we would of gone onto the SVR so wanted to lock in a rate before it came to the end of the fixed rate.

Are you allowed to port your mortgage to a new house so soon after remortgaging? I thought it was minimum 6 months before you could move. Not sure though.

You would need to check the terms of your new mortgage. In my experience I could sell/buy whilst on a fixed deal with no penalty, so long as I used the same mortgage provider for the new house. If I wanted to leave the fixed deal early (by moving to another provider for the onward purchase) I’d have had to pay early redemption fees. But, my experience is limited to just one provider, over a year ago!

Not sure about that. Does mention porting the mortgage but only if they are able to lend, nothing about time frames

Yeah most fixed deals are the same. We would port the mortgage so wouldn’t be an issue. Just wanted to know if we can put the house on the market whilst waiting for the new deal to become effective which isn’t for 7 weeks