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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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Mortgage Application - Debts no longer on credit file.
I’m planning to apply for a mortgage, hopefully using a broker, within the next three months. I could borrow around £343k, but I only need £250k. I have around £8k of debt from a previous relationship that is no longer on my credit file. I’ve been making token payments to the DCAs for some time, hoping to get settlement…
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ERC Skipton
Sorry to ask here but having spent 2 hours today on the phone/chat to Skipton without getting through I thought someone here might be able to answer my question. Origional loan £117000 in 2019 5 year fix. Renewed (product transfer) mortgage at £79000 march 2024 with Skipton 2 year fix. ERC is 1.25% it says the original…
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Santander repossession
Due to a very complicated set of circumstances we had our house repossessed, I had been very stupid and deceitful and my wife was completely unaware of the whole situation till the day of the repossession. To cut a long story short we challenged the repossession using solicitors and a few weeks later were told if we pay…
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Nationwide mortgages
dunfermaline went into administration and now nationwide cant provide me with my mortgage agreement, i have requested it and done a dsar but they dont have it what should i do ? My Dunfermline mortgage was only for 87k and nationwide have added over 20k to the balance in unfair charges and have tried to repossess my house…
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Mortgage length confusion
I've asked a similar question in the past, but there's not been a clear answer. In a few years I'll be 55. I'm a self employed author, with no pension. I currently rent a small house. My income comes from my backlist, and as long as I keep advertising, is fairly stable, without me doing anything else, so I could be earning…
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Joint Help To Buy Loan - Relationship Split
Hi, new here and new to reaching out for advice! I am currently in a joint mortgage and joint Help To Buy Loan. We are nearing the end of the five year interest free period so originally we were considering remortgaging to pay off the HTB and leaving us with just the mortgage to pay (understandably increased due to the HTB…
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Engage credit
Engage credit the vulture company stopped me from moving away for a better deal by putting faulse information on my credit file id there anything i can do about this appart from disputing with my credit file
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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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Impossible to get a mortgage as a single man?
Hi I hope you are all well, Ive just come for some advice really. im trying to get my own home. Private renting seems to expensive. I have two kids but separated with partner. (Her choice) and I’m living with my grandparents at 34 years old. i really want my own place. I have 33k saved for a deposit. Taken 6 years to save.…
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Can you part own a house with someone and charge rent for the bit you own?
Good morning. I already own a home, but a family member has purchased a bungalow recently. Money is a bit tight for them and I wondered if it would be possible for me to buy half the property from them so they have some capital, and maybe charge them a little rent for the half i have purchased (bit like shared ownership…
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Lender treating service charge like ground rent
Hi there We've run into a bit of an issue during a house purchase, and I just wanted to know how this compares to others. We are purchasing a new build (small development, 30 or so houses) 3-bed detached house with garage, it has unadopted roads and drains. There's also a fairly large green area within and around the…
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Barclays - Is this how overpayments work? Thinking of switching to them from HSBC tracker.
Mortgage 186k Mortgage Payments 1k If I were to pick their 5 year fix for example, 3.95% Hypothetical Figures Monthly Mortgage Payment 1k Monthly Mortgage Overpayment £2999 (less than 3 months payments) 12 months payment = circa 48k, 36k overpayment balance. I can then ring and say I do not want to pay monthly anymore for…
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Variable rate
Hi all, as of October 2025 our mortgage will move from the fixed rate to variable rate as our house is on the market and we don’t wish to remortgage, we are just selling not buying another house after this one. As far as I understand the variable rate is whatever the Bank of England decides which is currently 4%. Our…
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Natwest Additional Borrowing
Hi i got a reply from natwest after applying for £80,000 additional borrowing for home improvements. What do i need to give them because mostly quotes from builders are by mouth only and hand written.Feeling very confused what to give them.I told them it will be for extension, kitchen, electrics and plumbing.Starting to…
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Remortgage in 4 months + looking to put house on market - any watch outs? Do's / Don'ts?
Hi everyone Keen for thoughts and suggestions - Situation; Current mortgage - £220K - 24 year term, LTV of approx 40%, tracker of base + 0.14% (so 4.14% currently) Term finishes end of Dec 2025 - so I'm keen to explore options now and ideally get a good deal locked in. Nationwide offering deals inc tracker at base + 0.14%…
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Buy to let section 157 mortgage
Looking for advice on securing a buy to let mortgage on a section 157 house (we are local and rent but can’t afford a larger house at the moment). All the figures add up but Nat West say no. There must surely be some lenders out there?
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MSE News: Will mortgage rates fall? Should you fix now or wait? Brokers give their views
Average interest rates on two-year fixes are lower than those on five-year fixes for the first time since 2022, while the base rate now sits at 4% following a recent cut by the Bank of England. But what does all this mean for fixed rates looking forward – and should you fix your mortgage now or wait? Read the full story:…
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Home purchase mortgage for retired couple
As a couple 66 and 70 both retired only income is from pensions 36K after tax. Our property will be sold hopefully value 110k Looking at properties up to 190k we can put 80k deposit down. What are our chances and would we be better with a independent Broker? Thank you for reading .
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Understanding valuers report
Hi all, We are keen to purchase house. It is on 2 acres. It has a fairly big building on the land. This building has a B1 classification, which is now E class under the streamlined planning. We have had to valuers visit the property. They have deemed not able to value due to non residential elements. We want to understand…
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Advice on mortgage support loan
Hi I have just bought my home as of yesterday its a ex social housing home the only way I could ever afford to buy with the substantial discount as I got in just before labour destroyed it.. So my mortgage is £130k over a 25 year term I wont be having it that long I intend to have it gone within 10 years if all goes well..…
