Glossary - Understanding Industry Terms
What does porting mean?
Mortgage porting is the process of purchasing a new home while retaining your current mortgage terms and interest rate. Essentially, you transfer your existing mortgage deal from your current home to your new one.
What questions do mortgage advisors get asked about mortgage porting?
Our Exeter mortgage advisors typically get asked these questions about the topic of porting a mortgage:
Is it a good idea to port a mortgage?
What is involved with porting a mortgage?
What are the disadvantages of porting a mortgage?
Can porting a mortgage be refused?
If you have any other questions around the topic of mortgage porting, please get in touch with our Exeter mortgage advisors today.
We are proud to be one of the go-to mortgage advisors in the Exeter area
Each of our mortgage advisors has extensive experience in the industry and are here to provide sound and unbiased advice on a wide variety of topics.
Our mortgage advisors have helped customers across Devon in areas such as Southernhay, Ottery St Mary, Exeter, Exmouth, Newton Abbot, Tiverton, Sidmouth, Crediton, Cranbrook and Cullompton to name but a few. If you would like to arrange a meeting at our Southernhay offices in Exeter with our mortgage advisors, please call us.
About Beerstone
Beerstone Financial Services was established in 1996 by Chris Beer, our Founding Director, who still plays a key role in the company and ensures we maintain the best service.
Beerstone Financial Services was established in 1996 by Chris Beer, our Director, who still oversees the company and ensures we maintain the best service.
In total we have over 30 years of experience in financial services working in a range of environments so you can be sure that your situation is in experienced hands.
Speak to our team
Visit our offices: 2 Southernhay West, Exeter, EX1 1JG
Beerstone Financial Services Ltd (542704) is an Appointed Representative of BrokerSync Ltd, which is authorised and regulated by the Financial Conduct Authority (1031981).
There may be a fee for Mortgage Advice. The precise amount will depend upon your circumstances and will be agreed upon following your initial meeting.
Investments, Pensions, Wills, Trusts, PMI and Estate Planning will be referred to our authorised third-party providers. Beerstone Financial Services Ltd and BrokerSync Ltd are not responsible for any advice received from the third-party providers.
Investments, Pensions, Wills, Trusts, PMI and Estate Planning will be referred to our authorised third-party providers. ABC Ltd and BrokerSync Ltd are not responsible for any advice received from the third-party providers.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
Conveyancing, Wills, and some forms of Buy-to-let Mortgages and Commercial Mortgages are not regulated by the Financial Conduct Authority.
Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on a mortgage or other debt secured against it.'