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Mortgages & Endowments sticky
Please be aware of the MSE Forum rules when posting on this board, notably: * If using the Forum as a professional, please note that posting on behalf of your business is only permitted if you are an MSE verified user. * Advertising and spam are not permitted. * Do not share any personal information, such as your own or…
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What percentage to buy?
Hey just after some advice. 35, live with parents. Currently salary £28,100. Tend to come out with about £1,900 after tax/insurance each month. Salary sacrifice 7% into pension. I have seen an upside down house with wrap around garden, 25% share for £56,250. https://www.rightmove.co.uk/properties/87903045#/?channel=RES_BUY…
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Mortgage broker - ask me anything
Thought I would start a thread where people can ask the brokers opinion on things @ACG @LRmortgage @kingstreet @Deleted_User (any other brokers want to chip in - these were the main other brokers who came to mind. It is definately an interesting market - probably the busiest I have ever been but at the same time lenders…
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mortgage availability regs for build over problems
There have been a few threads regarding lack of build over agreements for pre 2011 conservatories so apologies if I'm repeating one but I couldn't find any that throw light on mortgage lenders approach to this. I'm really worried about selling my house that I inherited with it's 1980s small conservatory built over a sewage…
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Remortage frustration
Currently remortgaging for the first time. My broker lead me to believe it would all be straightforward but this week has been a pain. Not exactly their fault, I guess, but I will be making a suggestion afterwards so they can make sure future client experiences better. They initiated the application and then the legal and…
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Missing £60k Mortgage Redemption Payment
Hi (please bere with me as it's my first (2nd actually I think 😬) post)......Paid off my Nat West mortgage of around £60k back on 15th April 2026. After a week or two I hadn't received any formal confirmation. Rang them up and was told I would not receive deeds etc to my property as all electronic now. Then started…
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Finding a local mortgage broker
Hi all Just curious, if I am looking for a local whole of market mortgage broker can I please have your recommendations for a site to search with please. Thanks as always
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BTL remortgage dilemma
My brother and I own a rental property which has about 16 years left on the term. We intend to keep it The current mortgage rate expires this summer so we need to remortgage but the broker and bank fees for fixed mortgages are £2.5k. The broker has access to the whole market. The comparable option would be to stay with the…
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How to buy a house for son with disabilities
Our money is mainly in our home. We have about 40k in savings. Otherwise we live on our state pensions and a small income from airbnb. We have 2 adult sons, one with autism who can’t work and is on PIP and ESA. His housing is very insecure and we have decided we would like to buy him a house nearer us and his brother. The…
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Can I Embark on Equity Release with this Problem?
Hope someone can help! Bit of backstory…. My ex-wife and I have been divorced for fourteen years but never really settled financially. At the time of divorce, we owned two properties. A property 200 miles away in Dorset that my mother lived in, and was in my ex-wife’s name (for tax purposes), and is now worth £200k…
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How best to proceed
Hello My husband and I are currently looking for some advice for moving us forward and getting on the property ladder here in Scotland. Our situation: We have no adverse credit on our credit records (all three), have no missed payments etc We have £10,500 in credit card balances (all 3 on 0%) We have £10,600 personal loan…
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Sprive App?
I’ve seen a lot of buzz around Sprive at the moment from people using it to overpay their mortgages. Has anyone used it before and is it worth doing? (Not looking for referral links, just reviews and info from people who know more about it than I do). Thanks in advance!
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Guide: Getting a mortgage when you're older or in retirement
Hi all, This is the discussion thread for the Getting a mortgage in later life or retirement guide. If you haven't already, join the forum to reply.
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Conveyancer charges for remortgaging
Hello, I would just like to gauge experience and opinion of remortgaging fees. The first time on a "fee free" mortgage a bill to the tune of £50 was charged by the conveyancer(employed by and working for the mortgage provider) for 'transferring funds' from our new mortgage provider to the conveyancer and then on to the old…
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Letter of repossession before probate has been granted
My hubby passed away last year,I’ve been put on a hold by the Morgage company during this time,while probate has been applied for since April last year 2025 by our solicitor. Since this April 2026 they’ve asked me to start paying the mortgage in my late husbands name or they will start the repossession process. I missed…
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Halifax mortgage: overpay £100k now with 6% ERC or use 10% penalty free allowance every year
Hi Guys, I have £100k to go towards my mortgage, I am trying to figure out what would be better: Pay off £100k straight away but pay 6% ERC, or Pay 10% overpayment, put £40k into ISAs (me and my partner) and £40k into fixed saver account Option 1 reduces balance dramatically but ERC is high, Option 2 seems to be better,…
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What age did you pay off mortgage ?
Just wondering when people become mortgage free. I’m 54 and have several BTL mortgages, but it’s the one on my main dwelling that I’m referring to. Unless I have an unexpected windfall, I think it’ll take another ten years. I was within 30 grand of paying it off nine years ago, but then we moved and upped the loan…
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Do I really need a private mortgage advisor?
Hello! My mum and I live together and are downsizing after the end of her marriage. My plan is to buy into 25% of the new property, she will buy 75% with the sale of the house. I want to get a small mortgage of £30k to help purchase my quarter. From what I understand I can't get the mortgage alone? Because I'm a first time…
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Purchasing a buy-to-let from my parents with a gifted equity and adverse credit
Hello all, My parents currently have a buy to let property which has been valued at £330k. The mortgage is £225k with Birmingham Midshires. They are now at a stage where they do not want to the hassle and have offered me the property. I am hoping to purchase the buy to let and keep it as a buy to let. My parents would like…
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Repayment or Interest Free
Hi - Our property is currently on the market. We have seen a property we would like to buy. We are currently mortgage free so are willing to mortgage the new property and pay the mortgage off, when ours sells. Should I go for Repayment of Interest Free ?
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Mortgage/repossession/declaration of trust
Before I write an essay..are there any posters with experience on the above?
