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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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Skipton Mortgage a little advice needed
Hello Everyone, I'd much appreciate for an advise here. I'm selling property and buying another. Current mortgage is with Skipton and new house we are buying is £350k. Since our affordability would not be enough therefore we are doing JBSB with my sister on the mortgage. Lender is Skipton too. The current timeline is as…
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small mortgage/product for 'old people '.
Hi-apologies where this is prob covered elsewhere but my search reveled nothing. any way-we are older peeps -71 and 68 and doing the downsizing thing . got reasonable amount of equity but could usefully do with additional £50 k to buy the home of our (diminished ) dreams. we would use a broker but lije to do our own…
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Fixed Mortgage Being Ended Early By Lender
We took out a 5 year fixed rate mortgage in 2022 with Skipton. We've just been told that the mortgage rate will be ending soon, 6 months early. The new rate is going to triple our repayments. Are Skipton allowed to do this? I was under the impression that the mortgage was a contract that couldn't be breached without…
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Shifting a 0% balance credit card around the time of a remortgage - best route?
I've got circa £10k on a 12 month 0% balance transfer card (currently same bank as my mortgage is with). The promotional rate expires in August 2026. At the same time, my mortgage is due for renewal in November 2026. I'm coming off a five year fix so it's going to be painful either way, but to my understanding, I can start…
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Title & Property Documents at Land Registry
Good afternoon. After completing my mortgage repayments my lender said I (or a solicitor) could now request my title and property documents from the Land Registry. I looked at the Gov website to begin the process, but the more I looked, the more confused I got. So I asked a conveyancing solicitor if I could pay them to do…
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Panicking I’ve messed up our mortgage application – any hope?
I think I may have completely derailed our mortgage application, and I could really use some advice, reassurance, or even just shared experiences. We do have a broker, and I will be discussing this with my husband and then the broker… but I’m still building up the courage. I may need 24 hours to prep myself up before I can…
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MAS 5 (Mortgage Agency Service
After 16 years with this company charging me 7.6% interest‑only, I was stuck and couldn’t change my mortgage because of my circumstances. After COVID, they even pushed my rate to nearly 9%. Finally, the day has come, I’m out of this company. I’ve moved to a new lender with a capital‑and‑interest mortgage, and I’m now…
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Anxious about remortgage
As the thread title suggests, I'm feeling very apprehensive. I'm due to re-mortgage from a 5 year fix in early January. I currently overpay by £250/month and put a few thousand down not long ago. Overall, I'll have reduced my mortgage by £20k in 18 months. I'll have a 50% LTV. In January, what I pay now would have be…
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MAS no . 5 SVR
Hello all . I am looking to make a claim to MAS no. 5 for unfair mortgage interest rates. I have received a summary of the rates we have been paying from MAS but to be honest, I cannot make sense of what the figures mean and if we can make a claim at all as our mortgage was interest only? . I hope I made sense and I am…
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1st re-mortgage advice
Hi, I was wondering has anyone previously remortgaged to Nationwide using their free legal service - Aberdein Considine? On the legal service package sent it mentions potential additional costs not included within the free service and they will contact me before these may be charged, if applicable to my remortgage. I am…
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Offset Mortgage: Mortgage Interest period vs Savings Interest Period
Hi All, I took an offset mortgage and fortunately I managed to accumulate some savings. So I'm on a mortgage of 165k with savings of 140k at an interest of 5.25% I have been paying an interest amount of around £80 per month for Dec, Jan, but in Feb, that £80 jumped to around £140. I was surprised and called the provider.…
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Sub sales and Back to back transaction Mortgage
Hi All, does anyone know or have had experience with Sub sales and Back to back transaction? I am in the process of buying a house that has been owned for less than 6 months, not yet on the land registry but seller will provide transfer deed. I am looking for a morrgage can deposit up to 25%.
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How to fund home extension.
Dear all, I am currently mortage free. House is valued at approx £460k. I have gone with lowest estimate based on past sale prices and identical properties. Me and wife both mid 40s are NHS empolyed. Our household income is around £155k. I earn another £40k per year as locum. But this gets paid into my limited company.…
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Help Do I need a mortgage or loan (short term)
This is our situation I have an inheritence which is currently being dealt with the executors of the will (Solicitors) . I have been able to get half by paying an indemnity insurance as putting it into a high interest account is making me more than the fee I had to pay for the indemnity . The other half of the inheritence…
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Shared Ownership Guide
Hi This is the discussion thread for the Shared Ownership guide. If you haven't already, join the forum to reply.
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Longest term for age 54
Hi all, Looking for a bit of advice on what longest term mortgages are currently available on the market. Essentially looking to bring monthly payments to as low as possible for the next year or two after which point will be repaying mortgage in full (will have lump sums coming in). Current age 54. Would also consider…
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Sub sale mortgage
I'm interested in a property being sold by an online estate agents. They have told me it's a sub sale less than 6months from original purchase which was purchased by a different section of the same company. So what I can see they would have bought it as a fast cash sale within 7 days type thing and now are reselling it at…
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Money on Mortage or ISA?
Hi everyone, I just want your opinion on how what's the best way to put my salary. Would you recommend to put it in ISA and use the interest to slowly pay off the mortage as per the monthly minimum payment or all in mortage for overpayment since my interest rate is only under 1.5% (purchase during the pandemic). Thanks!
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Source of funds checks – how far back do they go?
I’m trying to understand what’s typically expected when solicitors check the source of funds for a property purchase. How far back do they usually look at bank history, especially for larger deposits? Also, are digital bank records (like transaction data from banking apps) generally accepted, or do firms still prefer…
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Remortgaging on deal that expires in March 2027
Hi, I noticed that the remortgage rates have jumped up by at least 1% with the war on Iran. My current, very sweet deal, taken before Sept 2022, is expiring in March 2027. How far ahead of the expiration date should I start remortgaging? I'd normally start 6 months ahead as the MSE guide suggests, but I am hoping against…
