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Help with mortgage after being rejected by own bank?
Hi My wife an I have just been rejected for a mortgage with our own bank. Not sure what to do now. We have sold our house for £270,000, we currently have a mortgage for £53,000. Between us we have debts of £35,000. Looking to put £166,000 down as deposit with a view to borrowing £86,000 for new mortgage and to pay debts…
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Mortgage offer
hi , I’ve had a mortgage offer approved 4 days ago but now the seller of the property I was buying have pulled out. I have now found a new place today would Halifax be able to just transfer over the offer to the new property or would I have to re apply for a new one from scratch?
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Re-Mortgage to incorporate 2nd Charge
Help!! Ive been going through a re-mortgage process since mid March 2026! Essentially I have 2 mortgages with the same lender (1 was taken to do an extension) and one of them is out the fixed term at the end of May, the other in 2028. I also have a 2nd Charge from some overspending on said extension! I have a mortgage…
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Lifetime Interest Only Mortgage - explanation please!
My 85-year-old mother plans to sell her house and move into a bungalow. She has a lifetime Scottish Widows interest-only mortgage, split into two parts – one being variable and the other fixed rate, with £177,000 outstanding. She will be porting this mortgage. The paperwork mentions a lump sum from the lifetime mortgage,…
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Mortgage advice please. What would you do?
I’m looking for some advice please. My remortgage is due next month, but I’m not sure what to do. I’ve kind of put it to the back burner with a newborn and life stuff. We are looking to move but probably won’t be in a position to put our house on the market for about 6 months. I was looking for a portable mortgage but I am…
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Pay off mortgage or keep small balance before borrowing more
I have ~18 months left on my mortgage. The outstanding balance is ~10k, and I have enough to pay it off in full. I'm on the SVR so I'm going to pay a chunk off as the interest is a noticeable chunk. My question is whether I should pay the whole lot off, or leave a small sum on the balance. Within the next year or two, I'll…
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Should I liquidate £215k of ISA to fully offset my mortgage? (~40% LTV)
I’m 50 and ~5-7 years from retirement. Given current mortgage rates I’m looking for some perspective on a move I’m considering for my remortgage which is due in a just over a years time. I want to prioritise flexibility and "certainty" over the next few years. The Situation: Mortgage: £215k interest-only at 2.84% (ends Aug…
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Moving house - when to add husband
Hi Looking to move house soon. Currently mortgage solely in wife’s name, new home will be in both our names and therefore needs adding to the mortgage. Question is, do we add to the mortgage before going on the market, or is it straightforward enough to do it at the same time as moving? Current provider is Santander if…
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Switching mortgage rates - can I hedge my bets in case the rates go down?
My current mortgage deal (with HSBC) expires in July and I can now switch to a new rate. I've applied to switch (online) and have been given an offer that I have two weeks to accept. Can HSBC withdraw this offer within those two weeks or am I better of waiting until the end of the two weeks to accept in the (probably…
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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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Will i have to pay the higher stamp fee
hi all, i had a mortgage jointly with my mother and i have now completed the change of borrower application to remove my name. Mortgage is all updated but land registry is not updated yet. I am also in the middle of purchasing my own place and the exchange is about to happen but now the solicitor is saying i will have to…
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NatWest - process for FTB
I'm a FTB at the age of 50 (!) and would just like to understand the process a bit more whilst I'm agonisingly waiting for news. My broker is great, but feel like I'm bombarding him with enough questions! I am (hopefully) buying a house for £190000, with a 10% deposit. This is through NatWest, who also issued me with a…
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Modern Methods of Construction - ICF
How acceptable are MMC especially Insulated Concrete Formwork not only for original self build mortgage but perhaps also more importantly when considering future saleability? There are many benefits to the new methods of building but if the property cannot be remortgaged efficiently after self build is complete or when…
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Do I remorgage part of my rental house or fully and invest to free up some money?
We are lucky enough to have a second home that we rent out. No mortgage. £1200 amonth less fees etc. House value about £275000 Id like to fully retire (im 64) so I Im thinking of either selling the house and all the Cap gains tax. Spend some, draw down/invest the remaining OR remortgage (if I can) £100,000 to use in my…
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Regulated Buy to Let Questions.
Good morning, I wonder if anyone would be able to help with a few questions I have about Regulated BTL mortgages. Backstory - I'm in a lot of debt (would enter a self managed DMP if/when I know my housing situation is secure) I own a home with my ex partner and have 3 10/11 year old sons. Current property £111,000 left on…
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Remortgage hell
Hello i am looking for some positive help. We have recently sold our house and had an offer accepted on new house. Our mortgage advisor has applied first off with our Current lender who said no. He then tried the Cumberland Building Society who are also looking like they will say no. The problem is my old dmp. Its full…
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Tessera portfolio management - Equitable charge by interim order???
04 may 2007 the above was filed against my property - this company was dissolved 30 July 2013. I wasnt in a good place at this time & i have no records ir recollection of thus i. fact most likely my partner at the time hid this info. Has anyone else had any dealings. I know i can go to the crown but is there a list of…
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Haysto
Has anyone used Haysto Mortgage brokers? They specialise in bad credit mortgages... Looking for success stories as I'm about to submit an application today. I have 8 defaults on my credit file but they think they can help... I will be charged 6.14% OR £854 a month Fingers crossed for me Has anyone got a bad credit mortgage…
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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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Remortgage
My current fixed mortgage rate deal ended March 31st - I instructed a new lender on March 9th, but this has not been completed in time and today my mortgage payment came out and I'm now on the variable rate - approx £100 more than I usually pay. Did I not give myself enough time for the deal to complete? If I didnt' then…
