Selling advice needed

Samq1

I bought my house in April on a mortgage with Santander, I'm locked into  5 year fixed rate with an exit fee of £12k.  I've decided the area isn't what I thought it was and looking to sell and port my mortgage to another property in a different.  I'm not looking to borrow more, I simply want to move to another property in another area at the same or maybe a bit lower price.  I know they say with porting you essentially need to re-apply for your mortgage again, but surely if you sell after six months they won't go through the whole affordability again, last time I had to get a projection and accountant certificate which cost me money.  Santander also said I would need to have the offer accept before I can apply for porting, which leaves me to ask, what if they refuse to port my mortgage after I've had offers accepted? It doesn't make sense!  Please help, need the advice of mortgage broker people or people experience with this predicment. 

Irishpearce26

When I ported my mortgage with virgin recently I had to go through affordability however I was borrowing more. Is there any info on Santander's website.

Samq1

They don't specify what the affordability check includes, they just say affordability checks, its a bit vague

MaryNB

The Mortgages & Endowments board might be better for your query. There are a few brokers there.

fiveacre

You might find it more difficult to sell your house after such a short period living there, as lenders may be less willing to lend on a property resold within 6 months.

It could also affect the resale value, as people will wonder what is so wrong you're moving already.

In terms of porting, it will depend on Santander's approach, but most mortgage applications with the current bank go through more basic affordability checks. If you're borrowing less you will incur ERCs.

Crashy_Time

What is wrong with the area?