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Mortgages
Porting a mortgage — is it actually straightforward?
P
PortingHopefulNew Member
24 March 2026 at 00:20We're looking to move house but have 3 years left on a 5-year fix at 3.4% (locked in during the brief 2024 dip). Current rates are around 4.2% so we really don't want to lose this deal.
Our lender says we can "port" the mortgage but the small print says it's subject to a new affordability assessment and valuation. We'd also need to borrow an extra £50k for the bigger house.
Has anyone actually done this? Was it as smooth as the lender made it sound?
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