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. 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 2016

Finding 'Consumer buy to let'
Im looking to remortgage a house ive recently moved out of but still own, im living with my partner in a house we have purchased together. Im whats called an accidental landlord! Im currently renovating the empty house, and have a tenant ready to move in from July, my fixed rate mortgage is up in Septemeber so im looking…
Help to buy guarantee with bad credit
Hi, Will I have any chance of using the help to buy guarantee scheme and get a mortgage with 10% deposit, I have had a default of £3756 in january 2012 which was settled in March last year, I am aware there are lenders willing to give a mortgage with 15% deposit, but just wondering if there is any chance of getting a…
Mortgage Redemption Question
I phoned up Nationwide yesterday and asked for current balance of my repayment mortgage and also the redemption amount. I think the redemption amount is about 6k more than the current balance. I'm on a fixed rate for 4/5 years started in 2014. My two questions are:- When the fixed rate expires would the redemption amount…
Mortgage nightmare
Hi all, Agreed, home valued and received offer for 90% ltv . Lender then said some other f*cker has reviewed the application and now saying ltv they need is 80% . I am yet to dicuss this with the fool advisor that is impossible to get hold of Any suggestions?
Mortgage prospects
I really need some advice as my situation is causing me anxiety . My situation is my I am currently rent a house but have been served a dreaded s21 notice to leave in approx 6 weeks.(with my small school age family) I have been happy renting as the cost was ok so did not previously explore buying my own house when in…
Mortgage ISA - Natwest
Apologies in advance for the perhaps foolish question, but I just wanted to clarify how to best set up the natwest help to buy ISA. Is it worth submitting the maximum amount I have available from the off, or should I submit the minimum amount and use my remainder to pay in the 200 required each month? Thanks for any…
Can You Borrow Money Against Your House Straight After Buying?
So as I understand, the rules of mortgages today is that you can only borrow as much as the house is worth. However, if a house needed some work, say for an extension, can this money be borrowed against the cost of the house and simply added to the mortgage? Basically, can you take out a loan and pay it back by adding…
Help with second charge mortgage
Hi Please bear with me since this is my first post and not sure if I posted to correct forum. Looking for some advice about buying a house for my parents so they are closer to where I live. I have seen a property which we can purchase for £260k but would need another £40 - 50k spending on it so it works well for my…
Remortgage advice
Hi folks. Just need a bit of advice on a few things. My brother and I bought our parents' home from them in 2007 as they could no longer afford the payments due to remortgaging too many times! So much for setting an example! :p Anyway, we're currently looking to remortgage as we're on Santander's SVR. £116k left, house…
When to end a rental tenancy when buying.
I'm just curious as to when people end their rental tenancies when moved house? We pay our rent on the 10th of every month. We are buying a S/O new build so no chain and house is ready to move into. Housing association gave us an exchange date of 18th May. We've had an update from broker yesterday to say Leeds have gone…
Paying Morgage off
When paying off a morgage do I need a solicitor ?
Interested in Mortage on Second Property
Hi everyone, I'm starting to think about moving and in a position to potentially keep the existing property and rent it out but never done this before. Current property is worth approx £400k and mortgage is approx £100k. I'm keen to understand what would be considered in the calculation of how much I can borrow. So if I'm…
First time buyer - Mortgage in principal has expird
Hi, I am a first time buyer and have been looking for flats in Bristol for the past few months. Yesterday I put an offer in for one that I liked and the estate agents have asked for a mortgage-in-principal. Now upon digging it out (the one I got from HSBC) from last August I realised that it expired in September, something…
Mortgage with bankruptcy
I went bankrupt in 2011. I'm debt free now, earning a very good wage and got my credit rating up to the UK average (according to equifax). My bankruptcy is still on file until May next year but I am intending to try get a mortgage later this year with a 20% deposit. I'm wondering if it'll make any difference to my…
Excessive mortgage charges. Original mortgage lender has sold the debt
Some of you may have read an earlier thread stating I received a letter from Kensington requesting payment of 1686.60 in security fees and charges. When I rang to query this I was told that this was the balance of late fees and default charges / admin fees added to my account when I fell into arrears several years ago when…
Loughborough building society
Evening all Me and husband have applied for a mortgage with the Loughborough building society, we have DIP we got that on the 18th April only waited 2 working days for that, now the full application has gone in (they received it on Tuesday) and it was sent to the underwriters on Wednesday, how long does it take? I'm a bag…
Halifax 1% cash back offer
I have received my mortgage offer from Halifax a couple of weeks back and the sale is now with solicitors but I have noticed today Halifax have introduced a 1% cash back offer from 25th April to 16 th June. Does anyone know if we would be automatically be eligible for this offer or would we have to reapply to benefit? I…
Halifax rentention valuation
Hi all, I have just accepted a rentention mortgage from Halifax, I did this online so was all very quick and easy. They valued our house as easily 30-40k more than my educated guess. Of course this is just swell as I got a better rate as a result. Has this happened to anyone else? I'm in the south east so I'm aware of high…
Offset Mortgage & 0% Balance Transfer
Hi. First post! Would anyone like to offer guidance on whether this seems a sensible scenario? If I have an offset mortage product currently at 2.24%, and have seen a 0% balance transfer product (1 year term) with a 1.49% fee.... can you confirm that I dont lose out, by taking funds from the balance transfer and placing it…
Halifax Mortgage Offer Withdrawal - Brokers?
Hi Guys, Maybe one for the brokers who can provide some advice. Applied for a mortgage with Halifax, only provided one payslip and had offer 8 days after application. I missed a payment on my credit card last month which got reported to Experian, as of right now (last months update) it is now back up to date and I have a…

★ ★ ★ 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