Is it possible to transfer my mortgage to another property?

Yes, it is possible to transfer your mortgage to another property. This process is known as mortgage portability or mortgage transfer. However, it is subject to certain conditions and approval from your lender, including meeting their eligibility criteria and the property's eligibility for taking over the mortgage. Typically, this option is available for borrowers who are looking to sell their current property and simultaneously purchase a new one. On approval, your existing mortgage agreement can be transferred to the new property, avoiding the need to apply for a new mortgage. It is recommended to contact Chase Home Finance directly to discuss your specific situation and explore the options available to you for transferring your mortgage to another property.