18/06/2026
🏡 Your Mortgage Options When Moving Home
Moving home is exciting — but it also brings important mortgage decisions.
Should you port your current mortgage? Take a new deal? Borrow more? Or reduce your mortgage?
Here are the main options to consider 👇
1️⃣ Porting Your Mortgage
Porting means transferring your existing mortgage deal to your new home.
This can be useful if:
✅ You’re on a competitive rate
✅ You’d face early repayment charges by leaving your current deal
✅ Your current lender can support your new purchase
But porting is not automatic.
You’ll still need to meet the lender’s affordability checks and criteria, and if you’re buying a more expensive home, you may need a top-up mortgage — often at a different rate.
We’ll review your current mortgage terms, explain the pros and cons, and confirm whether porting is realistic before you commit.
2️⃣ Taking a New Mortgage Deal
Sometimes, a new mortgage deal may be more suitable.
This could be the case if:
✅ Your current lender won’t offer what you need
✅ You want more flexibility
✅ You’re looking to change the mortgage term
✅ You want to explore lower rates or different products
As a whole-of-market broker, Gateway Financial compares a wide range of lenders — including options not always available on price comparison sites — to help find a mortgage that suits your circumstances.
3️⃣ Borrowing More or Reducing Your Mortgage
Moving home often changes your borrowing needs.
You may be:
🏠 Upsizing and need to borrow more
🏠 Downsizing and want to reduce your mortgage
🏠 Releasing equity for renovations, a deposit, or other costs
We’ll assess affordability properly, show you how different rates and terms could affect your repayments, and help you choose a sustainable plan.
Moving home? Don’t guess your mortgage options — get clear advice before making your next move.
📩 Speak to Gateway Financial today.
Gateway Financial Group Ltd
The Gateway to your new home.
Your home may be repossessed if you do not keep up repayments on your mortgage.
