Mortgages & endowments

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I took on an endowment mortgage in 1996. 8 years later a letter warned me they predicted I would owe more that the total house purchase cost at the end of the 25 year mortgage. I panicked and changed to a repayment mortgage starting the 25 year term again. Can anyone advise what happens to the money I paid for 8 years? Is…

Lender says they can't lend the full amount I need. Does this count as a 'Decline' if I apply somewhere else? Fed up with the broker who said they were WoM and recommended this lender - it is time to speak to another broker? I am a FTB my LTV is 67%. Please advise - I am so deflated after waiting three, long weeks. Loads…

Hi all, We’ve had our mortgage around 5yrs and remortgaged once prior. We have a fixed deal due to end 31/07/2027 and have now reserved a new build with an expected completion date of April/May 2027. Porting seems like our best/only option given the ERC would be triggered if we didn’t. However really unsure on the best…

Hi, Not sure if on right page but here we go. If three people brought a house, how best can they help each other now get a property each, salary wise they are all on different stages, but can they use the current house to help get two more houses and keep current?

I've recently switched my mortgage from Halifax to Lloyds. When with the Halifax, I'd often make overpayments one month and then would underpay a subsequent month and when I did this, the underpayments were taken from the built up overpayment fund and my overpayment allowance was restored. E.g. if I paid my contractual…

Hello, is anyone currently have a mortgage application ongoing with West brom, it's been 5 weeks and still no offer! Our broker has said it's with the senior underwriter for final sign off but I just do not understand why it is taking so long, valuation was done straight way and passed no issues, and the only additional…

Our 2 years fixed deal with Leeds BS is ending in January and my mortgage advisor is starting to look at rates for me. She emailed the other day to say could I speak to Leeds to allow her access as she couldn't check the account as there was a block that needed taking off the account. They called me from Leeds this morning…

My 1.54% mortgage deal is ending. I have two loans - one is interest only, the other is repayment. Fixed rates are much higher, nearer 5% now. I'm fortunate enough to have saved well during the 5 year fixed rate, and am in a position to pay off the two loans. My question is, should I? Being mortgage free would be great,…

Hi, My fixed rate mortgage doesn't end until 1 July 2027, but I keep seeing in the news that interest rates may rise 3 or 4 times before then. My current rate is 1.9% and available rates at the moment are 4.5%, which will be a big jump in my mortgage payment as it is. Am I better off fixing now and paying the penalty fee…

Hello everyone, I'd appreciate some thoughts and advice on my situation which is going round-and-round in my head and need some 'hive mind' support! Over the last 5-6 years I've been an Additional Rate (45% £125k+) taxpayer in a good but unstable contractor role. Owing to various downturns and lack of Govt policy progress…

Hi there, I'm just after some advice. 5 years ago, I got a fixed term 5 year mortgage at 2.9%, which ends in January. A few months ago, out of no where, my long term partner of 10 years decided he wanted to break up and sell the flat. I managed to convince him to see the mortgage out, and the drop in flat prices in the…

What box to tick if a couple one is a First time buyer one owns a house mortgage free with his Mother,

Next year my husband and I will finally be paying off our mortgage. We're both in our 50's working full-time. I know there are possibilities of taking out a new mortgage and have read about the different types (probably we'd opt for capital repayment) but can we get one to buy a car, possibly avoiding higher loan interest…

Hi everyone I am hoping for some good honest advice please, as losing a bit of sleep on this one at the moment. I am a single 43 year-old with hopes to get on the property ladder soon after many years of renting. I am very lucky that I have a gift to assist with a deposit when the time comes, and work full time with a…

In September 2015 my parents took a further £13,200 from an Aviva lifetime-mortgage reserve. Aviva issued a fresh statement, applied a new fixed interest rate, showed the then-current balance and produced a new projection of the future debt. Could that 2015 release be treated as a separate actionable act/omission for…

So I've got my new mortgage offer in place. I was checking the nationwide site, app, 3rd party sites including a quick google. Google changes its info and backdates stuff even though I check daily. Im seeing 25th Sept it lowered which did not say that yesterday. So is there a geeky place to keep on top of it? Everytime I…

Has anyone ever managed to find a lender for a flat above a shop in category A1? Been turned down twice. Property is in Scotland.

Hello. Do Barclays lend for new windows and doors, as additional borrowing on a mortgage?

I watch this guy on youtube and he is in a pickle. I cannot post links yet, so search this on youtube. "tv repair community" For his latest video "So I'm saying goodbye now" I wonder how many others were/are in the same boat. I myself will now look to leave Lloyds/Halifax now, cos although I have only heard the one side,…

We complete on Monday, with the deposit, stamp duty and all other funds already with the solicitors from our current property sale. One of the Barclays mortgage conditions is to clear our existing credit commitments within 30 days of completion. How does this work, and how do we provide Barclays with confirmation once…