• Skip to main content
  • Skip to primary sidebar
  • Skip to footer
Menu
  • Home
  • Videos
  • Online Tools
  • Residential
    • Mortgage Deals
    • First Time Buyer
    • Remortgage
    • Right to Buy Mortgage
    • Bad Credit Mortgage
    • Self Employed
    • High Income Multiple
    • Gifted Deposit
    • Foreign Nationals
    • Shared Ownership Mortgage
    • Debt Consolidation
    • Product Transfer Rate Switch
    • Close
  • Buy to Let
    • Buy to Let Mortgage Deals
    • Product Transfer Rate Switch
    • BTL 80% Loan to value
    • Buy to let Remortgage
    • Let to Buy
    • HMOs
    • Buy to Let with Bad Credit
    • Limited Company
    • Portfolios
    • Holiday Lets
    • Ex Pats
    • Rent to Family Member
    • DSS Tenants
    • Into Retirement
    • Foreign Nationals
    • Inherited Property
    • Close
  • Bridging & Commercial
    • Bridging Loans Explained
    • Why use Bridging Finance
    • Auction Finance
    • Development Finance
    • Non Standard Commercials
    • Commercial Mortgage Tips
    • Close
  • Protection
    • Home Insurance
    • Life Insurance & Protection
    • Will Writing Service
    • Probate Services
    • Close
  • About Us
    • Why Niche Advice
    • Our Fees
    • Testimonials
    • Blog
    • Privacy Notice
    • Terms and Conditions
    • Close
  • Client Portal
  • Contact Us
Expert Finance Brokers

Expert Finance Brokers

Outside the box Mortgage Solutions

No upfront fees banner

No Upfront Fees! - 0207 993 2044
16 years in business Helping thousands of clients.

Mortgage portability on Buy to Let properties

by Payam Azadi

Finance for tax bills

Buy to Let Mortgage portability

This article discusses portability of mortgages across various buy to lets. Mortgage portability can be a powerful tool but is often overlooked by consumers in making their initial mortgage selection.

So what is mortgage portability and why is it important on buy to lets? 

Mortgage portability allows you to move your mortgage from one property to another, and depending on the lender, move it again to another and so on and so forth. The redeeming feature is it protects your current product and does not trigger any early repayment charges which can run into the thousands.

With mortgage rates at such a low value right now protecting the product should prove to be a wise move as the market consensus is rates will rise, this is particularly prevalent it you have a long term fixed rate. In fact, the buy to let mortgage market is awash with 5 year fixes right now and there are also options around up to 10 years so the portability feature is even more relevant right now.

Mortgage terms are generally black and white. Portability is not a negotiable extra. The option to “port” should be clear in the lenders’ marketing and will be stated in the mortgage illustration. So the mortgage will either allow you to “port” or it won’t. In relation to buy to lets they typically don’t which is why we’ve got to pains to highlight the virtue. If you are still not sure or need professional help finding a buy to let mortgage with portability then by all means contact us.

Scenario 1

The latest buy to let you’ve bought is not performing as expected. It was in a university city and they have just added a campus which has radically reduced the tenant stock. At the time you thought it would be a good bet for years to come so locked into a 7 year fix at a very good rate and the exit clause is £6,000. You decide to cut your losses and sell it. You don’t, however, wish to diminish your portfolio size so decide to buy a replacement property at the same time and “port” the 7 year fix onto it. You need larger mortgage as the new property is bigger and porting lender has agreed to a simultaneous further advance to cover the difference.

Scenario 2

You inherited three similar sized mortgage free properties a year ago, and they are all let. You need to remortgage one to release some capital. You are undecided on your long term plans for the properties so arenot sure which one to mortgage. By raising the mortgage on a portable product this could be transferred to another property. 

Above demonstrates the flexibility. However, word of caution: the rental and equity on the property you are transferring to must fit. Every lender will have their own rules around this so you may want to seek professional help from a Mortgage Broker such as Niche Advice. They would also be able to check the current deal is worth retaining.

To find out more about Mortgage portability on buy to let mortgages please click below.

Free, No-Obligation Quote today!

By completing this form you are allowing us to respond to the query by phone, email SMS and our messaging software.

Filed Under: Buy to Let Mortgage

Primary Sidebar

Buy to Let Mortgage Articles

Mortgage with Vested Shares and UK Lenders

Getting a UK Mortgage with Vested Shares, even if paid in foreign currency! If you are reading this article … [Read More...] about Mortgage with Vested Shares and UK Lenders

High Mortgage Interest Rate? How to Remortgage in 2025.

How do I get off my high mortgage interest rate with a Remortgage, even with bad credit The history of High … [Read More...] about High Mortgage Interest Rate? How to Remortgage in 2025.

5 Year Fixed Mortgage with only 2 Year Early repayment charge

Virgin Money Switch & Fix – Available through Intermediaries only, like Niche Advice a great 5 Year Fixed … [Read More...] about 5 Year Fixed Mortgage with only 2 Year Early repayment charge


*Credit Check Offer – Try it FREE for 30 days, then £14.99 a month – cancel anytime

Footer

niche advice logo
AS A MORTGAGE IS SECURED AGAINST YOUR HOME OR PROPERTY, IT COULD BE REPOSSESSED IF YOU DO NOT KEEP UP THE MORTGAGE REPAYMENTS.
If you are thinking of consolidating existing borrowing you should be aware that you may be extending the terms of the debt and increasing the total amount you repay. Niche Advice Limited is a Credit Broker and does not lend money directly to clients. Niche Advice Limited is authorised and regulated by the Financial Conduct Authority.

FCA Number: 750263.

Commercial Buy-to-Let and commercial mortgages are not regulated by the Financial Conduct Authority.

Our Fees

Click here for our fees structure. A full detailed fee plan will accompany all our quotes.

Niche Advice Limited has a commercial arrangement under an affiliate programme with Check My File and is remunerated for referrals.

Terms and Conditions

If you wish to register a complaint, please write to us on the details below or call us on: 020 7993 2044.

Correspondence Address: Niche, Unit F3, The Addington Business Centre, Vulcan Way, New Addington, Surrey CR0 9UG.

A summary of our internal complaints handling procedures for the reasonable and prompt handling of complaints is available on request and if you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service at www.financial-ombudsman.org.uk or by contacting them on 0800 0234567.

Site Terms and Conditions
Customer Privacy Notice

NICHE ADVICE T: 020 7993 2044

Registered Office: Niche, Unit F3, The Addington Business Centre, Vulcan Way, New Addington, Surrey CR0 9UG. Registered in England & Wales. Company registration number: 06599033.

Contact Us
Enquire Online

© 2025 · Niche Advice Limited · Site Designed by Niche Advice Design Team