Planning, get your finances in order.

Gettings your finances in order

First, you need to work out whether you can genuinely afford to sell up, organise new finance and move. If you’re still within your existing mortgage term, you should check whether you'll face any early repayment charges for breaking the deal or any fees to take it with you to a new property - a process known as porting. If you’re planning to move to a more expensive property, you should find out how much you can borrow and which lender will offer you the best deal. This, along with stamp duty and all the other costs of selling a house, can really add up - so it pays to do the maths early on. It's well worth getting expert advice from an independent mortgage broker at this stage so you can find out exactly how much you could borrow for your next home.