When you move to a new property, most lenders are able to transfer your mortgage to the new property. This is called porting your mortgage and has the benefit of being able to remain on the same deal when moving house. Although considered as a transfer, porting your existing mortgage requires a new mortgage offer. This means that you’ll need to go through the mortgage application process again, including paying arrangement fees, valuation fees, stamp duty and proving your income, much like your original mortgage application. It’s important to realise that you can be refused when applying to port your mortgage, even though the same mortgage was approved previously. This is particularly true if your financial situation or credit score has deteriorated or your new home is higher value, meaning your monthly repayments will be higher. Although some lenders allow you to leave your current mortgage deal without liability for early repayment charges, when you port your mortgage, this will vary between lenders. Each lender has their own criteria and speaking to one of our Mortgage Advisers will help you to understand your options.