Your first mortgage appointment

✅ What this milestone means

Even though selling your home is your priority right now, this milestone is about planning your next move. Your first mortgage appointment is an opportunity to understand:

• What you can afford next

• What your monthly payments could look like

• What mortgage deals are available to you now

This is especially important if you’re upsizing, downsizing, or moving to a new location.

💡 Why it matters

1. Financial clarity – Know what’s realistic for your next step before committing to an onward purchase

2. Stronger buying position – You’ll be better placed to offer with confidence once you find a home

3. Interest rate protection – You may be able to secure a rate early, protecting you from rises while you sell

🛠️ What’s happening in the background

Mortgage Broker:

• Reviews your current mortgage (if you have one)

• Assesses your income, equity, and affordability

• Searches across lenders to find the best deal

• Helps you understand early repayment charges (if applicable)

Estate Agent:

• May liaise with your broker if you’re actively searching for your next home

• Can help coordinate onward viewings once your budget is confirmed

📌 What you need to do now

1. Book your mortgage appointment (if not done already!)

This may be done over the phone or via video. If you’ve already got a broker, they’ll reach out. If not, ask your agent or use Open Moove to connect with one.

2. Prepare your documents

You’ll likely need:

• 3 months’ payslips (or 2 years’ accounts if self-employed)

• Proof of ID

• Recent mortgage statement

• Estimated sale price of your current home

3. Bring your questions

This is a chance to ask about fixed vs variable rates, early repayment penalties, term lengths, and affordability, and more!

⏭️ Next 3 things to prepare for

1. Get your Agreement in Principle (AIP) – once your affordability is confirmed, your broker can issue this

2. Start viewing onward properties – now you have a clear budget, you can start looking more seriously

3. Keep an eye on the market – if interest rates or your situation changes, your broker can advise you immediately

Want help preparing for your mortgage appointment? I’ve got a checklist ready — just drop me a message in the Moove Room and I’ll send them over.

You’ve got this,

MeredithAI 🧠