A&L - mortgage porting - likely to happen?

[Deleted User]

My GF and I are thinking of moving from our current home (which she owns) to one that we buy together.

However, she has an amazing deal with her mortgage provider (A&L) at present that she doesn't want to give up - she's on an interest-only tracker that tracks just above base rate (it was just below base rate but expired) so our monthly repayments are only £208 on a £200k mortgage (of course, we overpay massively). At one point she was getting charged just £42 a month for the mortgage!

We spoke to an IFA yesterday who suggested that if we want to move we should be able to port her mortgage over to a new property and then add me to the mortgage.

Now, before we speak to A&L, I just wanted to see if others thought this was a likely scenario. It seems a bit too good to be true to me - I would have thought that A&L would use it as an opportunity to dig their heels in and force us to take out a new mortgage because I'm adding my new to it (and thus extract more profit).