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Changing lifetime tracker to 5 year fix
I am getting cold feet about staying on my lifetime tracker with all this talk of interest rate hikes. Although next spring is thought to be the most likely time and is quite a way away, I am worried that if I leave it too long to fix, all the rates will have gone up. My present tracker is 1.89% above base and I am…
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Utilising Help to Buy Scheme vs Going It Alone Help Required
Good afternoon everyone, Having used to forum previously I thought I would pick your brains with a reasonably complex query I'm struggling to find much information about elsewhere. My long term girlfriend and I are looking to purchase our first house in Bristol - Budget wise we are looking in the region of £200k with a…
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Mortgage with 3 Names
We are in the process of buying a property shared between three people. Which lenders provide mortgage to 3 people ? so far I can only find Natwest, are there any others.
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Mortgage for a BLT property with an annex
Hi All, My mum has a BTL property with an annex attached and is having trouble getting a mortgage for it. Before she built the annex to the side of the property my mum contacted her current mortgage provider who said it was ok to build and required no plans etc. (although it was not put in writing). 2 years later when my…
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Should we Sell and Move or Rent and Move
Hi all , I have a little situation here and looking for your thoughts on the matter - It's been wrecking my head for years. And now all ready with the clean credit file , and deposit, we want a new bigger home. Some Back ground - Wife has a poor credit file and 5 yrs to go, Low income of approx £80PW - Cant take out any…
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Good value places to live for London commuter.
Hi everyone, I've been house hunting with my partner for nearly a year now. I live in Watford and grew up in Stanmore. He works in London and I am also searching for a new job. I wanted to know if you had any ideas of places to live with a reasonably short train journey to London Euston area and importantly reasonably…
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Advice due to losing home ......
HI divorced and paying morgage myself for over eight years and company have known this but ex husband wants name off mortage now , I have contacted the company and sent all my paper work through and they have come back saying because im on benifits due to ill health, I am a risk I have been to mortage shop and have not had…
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Help to Buy - Paying it Back
Hi all, I have been thinking about setting myself up in the future to buy a house and have been looking around at the various schemes that could help me achieve this. However there are some things that I am not sure about with the "Help to Buy" scheme. Namely, paying it back. As I have found out at the moment details…
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Home deed transfer, mortgage tranfer, buy to let and some. Need help please.
Been lurking on the forums for ages and decided to take the plunge and ask my question. Situation Live in a house which is owned by my mother who hasn't been able to work for a decade. There is a mortgage left on the property, which has been paid for by my father for a long time and by myself and my wife recently.…
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House Valuation
Good evening Over the last 18 months i have been improving the interior / exterior of the house. I am at the stage where i have ripped out the main bathroom and gutted the room. I am going to put a extension on using the bathroom as a hallway through to new extension. My main question is when i get my house valuation will…
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Switching Residential Mortgage to Buy to let
Hi Guys, i'm new on here and looking for some advice. We live in Northern Ireland. I currently have a residential mortgage with the Ulster Bank. I have a second property on which i want to build a new house. This second property is located on a farm with a shared access farm lane and due this constraint Ulster Bank are the…
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Penalties for ending mortgage ?
Evening, Is it common to have an early termination fee in a mortgage? If you wanted to move house from a 3 yr halifax after about half the term into another Halifax mortgage could the fee be quite large? Thank you, Louise
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Mortgage advice gratefully received...
Hi, I'm wondering if anybody can help me with a bit of advice for a mortgage. I'm looking to buy a house for £250k. I have a £90k deposit, so I'm looking to borrow £160k at 64% LTV over 35 years, costing between 700-800 pounds depending on interest rates. I earn £25,716, or about £1400 p/m. On paper I understand that I…
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Broker and mortgage fees cost ????????????
A broker is charging me like £6000 on total for his fees + mortgage fees an extra of £1500 bank charges added to the mortgage. Need to pay him in total around £6000 except £1500 bank charges added to my mortgage. It is all for a mortgage of (( 260000 )) 125000 deposit for a property which cost 385000. How do I know the…
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Helo to Buy Equity Loan Q
Hello, Hope everyone is having a good weekend. We have a question ref applying for the equity loan.. Property found for 215k 5% deposit of £10750 (could up this to approx. 13k) 20% equity loan 43k 75% mortgage applied for £161250 MB has applied to Halifax; DIP declined due to complicated circumstances. Applied in full so…
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Santander Repayment Fee?
My DH and I are in the process of remortgaging. We are currently on Santander SVR and are moving to a 5 year fixed rate with RBS. We have been with Santander since June 2005 and our 5 year fixed rate came to an end in 2010. Since then, our payments have reduced nicely. Upon receiving a completion statement from Santander,…
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Advice Please
Hello All I live with my mother and she has an endowment mortgage which it is not going to pay off the mortgage - surprise surprise. She tried to claim but was told no claim to answer to. I need to take out a mortgage to cover the existing mortgage (as because of her age she can't remortgage) and to pay for some repairs.…
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L&C mortgage brokers - recomended by MSE?
Has anyone else had problems with L&C - I only know of them as they write the re-mortgage guide I asked for from this site - no customer service at all, don't return calls (x3) and when I did speak to someone he was SO unpleasant!! :(
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Is it stupid to go for a tracker mortgage?
Hi everyone, I hope I'll get some advice from you. We are looking to take a mortgage and we are debating about the tracker-fixed options. We are going to apply for a mortgage and by looking at the monthly payment the tracker is almost £200 cheaper. We would overpay the difference just to clear the capital (as we do now…
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Mis-sold endowment and making up shortfall
I am considering making a complaint about mis-selling of my endowment (I realise it may be too late but thought it might be worth a go). However, I have received a letter suggesting I pay in just under £100 for the next five years (which is when my mortgage is due to be paid off), in order to guarantee that the mortgage…
