We'd like to remind Forumites to please avoid political debate on the Forum... Read More » This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Mortgages & endowments

Archives for April 2010

help closing my mortgage
I've made my final payment to Northern Rock - currently waiting for letter saying all paid and the deeds. I received a letter from Land Registry saying they have completed an application for the cancellation of the entries relating to the charge dates xxxxxx in favour of northern rock plc. I can pay £4 to acess the title…
Using a broker for A&L / Santander - DON'T, BE WARNED
https://forums.moneysavingexpert.com/discussion/2357351
Santandar 4.99 4 year fixed rate
with the current interest rate and the likely future base rate rises do you think this would be a sensible mortgage for first time buyers? it has a 995 fee, 250 cash back and free valuation. we are buying a house for 152k and we have 15% mortgage.
Arranged Payments and Morgages
I have recently been rejected a mortgage because i have had an arranged payment on a credit card. I was wondering if there is any way possible to get a mortgage with an arrangement of pay on your credit history? Guarentour?? Writing letters to lenders etc?? Anyway at all without waiting six years?????
Should I fully offset?
We have a First Direct offset tracker mortgage, currently at about 2.9%, with about 84K owing. We're relocating and have sold our house and will be renting short term before buying again. Our sale will result in us being able to fully offset or redeem this mortgage. What are the pros/cons for fully offsetting or redeeming?…
Halifax - our buyer's mortgage taking soooo long!
Can anyone confirm if the Halifax are facing large backlogs with their mortgages applications? I'm a bit doubtful.... I'm getting a tad stressed and fed up waiting for our buyer's (FTB) mortgage offer. Situation is they offered and we accepted on our property in early March, property was taken off the market as a condition…
Mortgage - overpay with penalty or not
Hi all, I hope someone can give me a good advice on my mortgage. My deal for 5.99% ends in 10.2012. If I overpay more than £500 a month then would have to pay 3% early repayment penalty. I have £5000 which I could overpay now, but is it worth? I will pay £150 penalty and will lose approx. £250 in lost interest (i.e. if I…
Shared equity - declined Mortgage
Looking for a bit of advice, we have been allocated a New Build Shared Equity Property, and looking to take out a 64% share on the property, however we were declined for a Mortgage today with Halifax due to 3 problems with our credit files:eek: - 1 being a late payment on a credit card which the CC company have admited was…
mortgage help please
I have a mortgage with the Nationwide over 10 years, fixed for the first 5 at 4.65. My five years are up this year and I believe the rate goes back to theN.wide ordinary rates. Any advice about what to do next? The residue is under 50,000 and I fixed it because it helped to know how much was going out each month.
Northern Rock Mortgage and Unsecured Loan
Hello all, I've just got a general question about my girlfriend's situation and so therefore can't give useful info but... She has a mortgage and an unsecured loan on top of that with NR. My general question is that if she sells the house and pays off the mortgage what happens to the loan? If every case is different then…
"All Monies Charge" Mortgage
Are the banks obliged to notify you that a mortgage is an "All monies charge" before you you start paying the bank fees and valuations fees? Argentum
LTV on a shared equity property?
Hi Can anyone answer my question for me? We have a 60% part share in a shared equity house which is also 40% owned by our local housing assosciation. When we purchased two years ago we had no deposit and so our mortgage was 100% of the 60% share. Our mortgage deal has recently ended and we are thinking of remortgaging.…
First time buyer
Hi Looking for some general advice as to whether or not we are likely to get a mortgage as first time buyers My girlfriend and I currently rent from a private landlord, but are looking to now buy a property. We have been in the rented property for 18 months, and never missed a rental/council tax payment. However in the…
mortgage offer
Hi we are first time buyers with a mortgage approval recieved today from the Halifax. On the last page of the offer it states that the loan we current have should be paid off before the mortgage is taken out. I queried this with our mortgage adviser who advised us that Halifax would not check that this has been paid so…
Mortgage without permanent job?
Ok this question might sound a bit stupid, but wondered if I could get other's views. I started a new job in March so am still in my probation period, will it cause me a problem when I try to get a mortgage with my wife (who herself is in a permanent position)? Cheers in advance.
Saving for a deposit - best way to go about it?
Hi everyone, I have managed to get myself into a position to save at least 1000k a month (debt free, promotion + moving back in with parents). What I want to do with this money is save up for a mortgage. Realistically I know that even with being able to save this much a month it will be a matter of years before I have…
Northern Rock Application
My partner is in the process of removing his ex from their mortgage and we are hoping to add my name to the mortgage. How likely is it that Northern Rock will accept me on the mortgage, I have a ‘fair’ credit rating but have an outstanding personal loan of £9000 and a credit card with £4000 on it. I have never missed a…
Save or reduce mortgage with unexpected money
I've recently been left £10k, I planned to save this money. However it occurred to me that I could use the money to decrease my LTV when re mortgaging. My current situation is I owe just under £89k with 25 years 4 mths term remaining on a SVR of 4.24% The last valuation of the property (August 09) was £105k I'm very keen…
FTB - Looking for mortgage at 90% LTV
Hi All, My gf and I have been saving to buy our first house together. Recently a the perfect house for us became available - we have had two viewings and put an offer in for 240k. We have a Mortgage Advisor who is a friend of the family on my gf's side. We requested him to find us a mortgage and he has come back with only…
removing partners name from mortgage HELP
Hi all can someone please help i need to remove my partners name from the mortgage we have split ammicably and she no longer wants to be on the mortgage. It currently stands as a first charge, 2nd charge and a charging order. how would i go about taking her name off the mortgage and how much would it cost. many thanks craig

★ ★ ★ Meet your Ambassadors

Confirm your email address to Create Threads and Reply

MSE News

Ofgem proposes new 'no standing charge' Price Cap – but Martin Lewis warns vulnerable customers need to be opted in or it won't work
Ofgem has today launched detailed proposals for a major shake up to its Energy Price Cap that dictates the price over 80% of homes in England, Scotland and Wales pay for their energy bills.
Lloyds, Halifax and Bank of Scotland to cut overdraft rates for millions but hike them for others – here's what's happening and full help
If you're a Lloyds, Halifax or Bank of Scotland current account holder, the interest rate you're charged for using your overdraft could change soon as part of a fees shake-up. The Lloyds Banking Group, which owns all three brands, says millions of its customers will pay less after the changes – but a "few" will pay more.
Warm Home Discount expansion confirmed with millions more eligible for the £150 top-up this winter – here's what we know
Around 2.7 million more low-income households, including 900,000 families with children, will become eligible for the £150 Warm Home Discount this winter, as the Government has confirmed it will remove the existing 'hard to heat' eligibility criteria. The extension has only been confirmed for winter 2025/26, with further changes possible for future years.
Martin Lewis: At last a chance to fix Council Tax flaws impacting millions – debt collection, difficulty challenging your band, discounts and more
Major flaws in the Council Tax system in England could finally be fixed in future, as the Government has launched a wide-ranging consultation to review hideous debt collection practices, the difficulty of challenging your band, the overly complex and horribly-named Severe Mental Impairment discount and more. MoneySavingExpert.com founder Martin Lewis, who has long campaigned on these issues, shares his response and analysis.
Energy complaints to be dealt with more quickly and Energy Ombudsman to get new powers under Government plans
If you have a complaint about your energy firm, it may be resolved more quickly in future, as the Government has announced a raft of proposals to strengthen consumer protections in the energy market. The planned changes include giving the Energy Ombudsman new powers to force firms to comply with its decisions – but it's still very early days. Here's what we know so far.
Warm Home Discount expansion confirmed with millions more eligible for the £150 top-up this winter – here's what we know
Around 2.7 million more households, including 900,000 families with children, will become eligible for the £150 Warm Home Discount this winter, as the Government has confirmed it will remove the existing 'hard to heat' eligibility criteria. The extension has only been confirmed for winter 2025/26, with further changes possible for future years.
Base rate held at 4.25% – here's what it means and when it might be cut next
The Bank of England has held the base rate at 4.25%. Below we explain why, when it might be cut, plus what it means for your mortgage and savings.
Applied for South West Trains 'boundary fares' compensation? Act now to claim it
If you applied for compensation from South West Trains before the deadline in January 2025, you now need to provide your bank details to the claim administrator so it can be paid to you. Here's what you need to know.
Winter Fuel Payments to be reinstated for millions – Martin Lewis explains how it'll work, what it means and if it's an improvement
All State Pensioners in England and Wales will receive a Winter Fuel Payment this winter, though those who earn over £35,000 will see it clawed back through the tax system. It means nine million pensioners will get the £200 or £300 top-up. Here MoneySavingExpert.com founder Martin Lewis shares his instant response and analysis, and we include answers to your key questions.

View All

Mortgages & endowments

Confirm your email address to Create Threads and Reply

🚀 Getting Started

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free

Mortgages & endowments

Discussion List

Confirm your email address to Create Threads and Reply

🚀 Getting Started

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free