Moving home can be very stressful. You need to look at seeing if its possible to port your existing mortgage or if you have any redemption penalties if you redeem your existing loan. We are now seeing more cases where clients are letting out their existing property and purchasing a new property to live. You will just need to get the permission from your existing lender and confirmation from an ARLA agent the rent you can achieve prior to deciding if this is an option for yourself.

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Your home may be repossessed if you do not keep up repayments on your mortgage

changes in the exchange rate may increase the sterling equivalent of your debt