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    • countingthepennies395
    • By countingthepennies395 14th Apr 18, 4:16 PM
    • 32Posts
    • 59Thanks
    countingthepennies395
    Is there any way we can move?
    • #1
    • 14th Apr 18, 4:16 PM
    Is there any way we can move? 14th Apr 18 at 4:16 PM
    Hello,

    I am currently a supply teacher (have been since Jan) and my partner works full-time (perm). I am hoping to start a PhD (no stipend) in September, and teach 20 hours per week on the side.

    We are currently two years into our 5 year fixed rate mortgage and are wondering if thereís any way we would be able to move so we can be in the city Iíll be undertaking my PhD, or in the centre of the city we live now, close to transport links.

    Would it be possible for us to move and buy somewhere else, considering my current job situation?

    Or is it advisable to sell our house and rent? I donít really want to step off the housing ladder. Would prefer to downsize.

    Thanks in advance for any advice!
Page 1
    • Loanranger
    • By Loanranger 14th Apr 18, 4:17 PM
    • 2,156 Posts
    • 5,694 Thanks
    Loanranger
    • #2
    • 14th Apr 18, 4:17 PM
    • #2
    • 14th Apr 18, 4:17 PM
    Have you asked your lender if you can port the mortgage to another property?
    • countingthepennies395
    • By countingthepennies395 14th Apr 18, 4:19 PM
    • 32 Posts
    • 59 Thanks
    countingthepennies395
    • #3
    • 14th Apr 18, 4:19 PM
    • #3
    • 14th Apr 18, 4:19 PM
    Not yet. What would we need to do? Undergo find a property, another suitability check, and then transfer?

    Thanks!
    • Loanranger
    • By Loanranger 14th Apr 18, 4:24 PM
    • 2,156 Posts
    • 5,694 Thanks
    Loanranger
    • #4
    • 14th Apr 18, 4:24 PM
    • #4
    • 14th Apr 18, 4:24 PM
    Just ring your lender and ask their advice.
    I have no idea what their terms and conditions might be with whichever lender it is nor with your specific mortgage.
    Ring now, they might still be there working in the call centre.
    Have your mortgage details to hand...
    • dimbo61
    • By dimbo61 14th Apr 18, 5:20 PM
    • 10,102 Posts
    • 5,467 Thanks
    dimbo61
    • #5
    • 14th Apr 18, 5:20 PM
    • #5
    • 14th Apr 18, 5:20 PM
    Where to start ?
    We have No idea how much your home is worth or the mortgage owing on it.
    You might be better speaking to a mortgage broker with all your details.
    Partner,s income, savings, ages, Your income.
    City you want to move to and costs of properties you like.
    Rightmove might be a start
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