-
Kensington mortgages experiences
Hi, we are looking to apply for a mortgage in the next couple of months but before we do I just wondered if anyone would be kind enough to answer a couple of questions about Kensington mortgages (we have a dip from them) Which credit reference agency do Kensington mortgages use for the hard credit search? I'm going to…
-
Brokers for over 50?
I'm currently 53 (self employed author/game developer), and planning to go for a mortgage in 2027, when I'll be 55. I know specific brokers are not allowed to be recommended, but are there brokers that specialize in mortgages for over 50s? including for self employed over 50? I just wondered if that was a thing or not, or…
-
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…
-
Mortgage application
Hi, had mortgage application initially accepted by nationwide, however when the valuation of property happened they down valued the property which resulted in LTV increasing over 90%. Nationwide then couldn't complete the offer. Our application had been accepted at all stages until valuation and had been reviewed by…
-
End of Interest Only Mortgage - Credit Report
Good Afternoon, I have an IO mortgage that ends on 30 September - however sale of property is taking a little longer than anticipated and it looks like completion will not be until end Oct - possibly early Nov. No problem with extending until house sold, however lender is unable to say how this will show on credit report -…
-
Mortgage Porting & Downsizing
Hi all, Hoping someone can provide some clarity on mortgage porting & downsizing. Have sold our property for £575,000. Our property was valued by mortgage company approx 490k so we are in the 75% loan to value bracket. We have £367,000 outstanding on mortgage with Natwest. We are looking to purchase a property for £425,000…
-
NatWest Mortgage application
Hi there, just wondering if anyone has had success with NatWest mortgage application with 1 missed shopping account payment in the last 6 months? It was only one missed payment and account has been active for last 3 years? thanks
-
Discharge standard security Scotland
So I've paid off my mortgage. Confetti rains down ! The problem I've got now is to create an application to discharge the standard security from the lender with Registers of Scotland. I've asked the lender to send a letter of discharge saying we've paid off the mortgage but they have said no. I don't want to waste money on…
-
Name on Deeds
I had a joint mortgage which last year we changed and is now solely on my name. How do I clarify if the deed are only on my name as well?
-
Is a mortgage a realistic option?
There's a whole saga behind this which I won't bore you with, but: I'm the sole carer for my elderly mum (84), who currently has the use of a relative's holiday flat after returning to the UK. She has no formal tenancy – this was only supposed to be a stopgap arrangement while we applied to housing associations, but it's…
-
new mortgage with one partner with credit card defaults
Hi, my husband and I are looking to move house and our current lender, Natwest had declined a new mortgage. My husband has a fantastic credit file. I defaulted on 6 credit cards in 2024, I have 3 remaining. 2 were sold to Lowell who were not able to provide proof when I asked for a CCA and they closed the accounts and said…
-
House buying with leased solar panels - A shade Greener
Hi, Currently in the process of buying a house. Been going on for about 6 months. The house has solar panels on lease from A Shade Greener. Long story short - we are waiting for a shade greener to receive the deed of variation the solicitors have made, and then will need ASG to register with land registry. Has anybody been…
-
Re-mortgage problem - Network Rail Covenant
Hi MSE forum, please help - I’m struggling with my mortgage renewal due to a restriction on the deed - a network rail covenant that requires their permission for remortgage (I live next to the railway). The new mortgage company (Santander) are declining to enter into the deed of covenant that has been prepared by network…
-
Nationwide proof of deposit - pending LISA bonus.
I have just applied for a second mortgage with nationwide as my previous purchase fell through. They have only asked for proof of deposit this time and I’m about £4 short overall, however that includes interest that isn’t showing on my latest statement. I then have £125 bonus pending, which also doesn’t show on the latest…
-
SVR and OVR
I've got an offset with Clydesdale - I know that the standard rate is different - usually about 0.3%. Every time there is a change in the BOE rate that gets reflected in both rates - however on the latest change the SVR has gone down 0.25 but the OVR has only gone down by 0.1%. Seems strange - is this just Clydesdale or a…
-
Legal Fees for Remortgage?
It's been 5 years since my last remortgage, so I can't quite remember how it works. I'm looking at either a 2 year fix with either First Direct (4.04%) or HSBC (4.07%). My remaining amount is "only" £106k, so any upfront fees for a slightly reduced interest rate isn't worth it over 2 years.One of the comparison sites I'm…
-
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…
-
Trying to buy out my father's lifetime mortgage (equity release)
I am in a very unique situation and am struggling to find
advice. My father has a lifetime mortgage that he took out around 15 years ago
for the house we both live in. House valued at around £350k, debt is £230 and
rising massively every year (last years interest was £12,500). I want to buy
out the debt with a mortgage, so…
-
Should we avoid mortgage product fees?
It's that dreaded time to remortgage, our current fix is ending in 4 months :'( Our current lender has offered a fee-free 2 year fix at 5.15%, it's like they don't want us as a customer anymore We've been overpaying the mortgage consistently since the second year and it'll be around £107k by the time my current fix ends. A…
-
Fixed mortgage coming to an end
My hubby and I have a mortgage for 10 years which is coming upto five years May 2026, this part is fixed rate, we have a lump sum which will clear half of the remainder of the mortgage but wondering if it's time to look at another fixed for the remaining mortgage (after the lump sum as been paid) Any advice would be…
