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previous overseas residency & mortgage
hi, I lived overseas for a few years and gained perm resident status, I returned to the UK a year ago & intend to stay here. Whilst I was away all my existing bank accounts continued as I had my UK address still (family address). When I approach a lender for a mortgage, should i declare i lived over seas - I guess i have…
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Mortage Payment Options for a Retired Widower
Hi Everyone, First-timer here, so please be gentle! :) My father passed away late last year. He was self-employed, with no insurance, and no estate of any value left to my recently retired mother. The issue is that my father had ramped up the mortgage payments to pay the mortgage off quicker, but these payments are not…
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Agreement in principle v actual amount
Hi, please go easy on me! I nearly didn't post as replies to previous threads have made me feel daft.. then I realised, maybe I just am! Got an agreement in principle today for 170k but been warned by a friend this could substantially drop upon actual offer, when they do full credit check etc. Up to now is affordability…
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How hard is it to remortgage
My parents have got just under 13 years left on the mortgage and they are paying 2.65%. I want to get them to remortgage asap to a cheaper rate. how long does it take to remortgage and how hard will it be, any tips to make it easier. My father is self-employed and my mum works part time.
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Mortgage deposits
Hello, I wonder if anyone could advise me please. My partner and I are looking to buy a property but my partner owns her business which is only a year old, therefore, we have been advised that we will struggle to get a mortgage together. Apparently the only solution is for me to get a mortgage on my own and add her to the…
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When can I remortgage?
My fixed term comes to an end in July this year. I want to remortgage from one bank to another at this time. Do I need to wait until July to start looking or can I make a deal now to start in July?
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How to get ex boyfriend off mortgage
After buying a house with my boyfriend in 2008 and then splitting in 2009, it was agreed that I should stay in the house. In one way, I feel very lucky to have this house as I could never have got the mortgage on my own. On the down side, I have been putting money into my house; new windows, boiler, redecorating etc. and…
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Changing to a new product with NW
FTB bought the house in February 2015. Went for a two year fixed mortgage at 3.69% (90% LTV, monthly payments £1280). I'm coming to the end of this mortgage (28th Feb) and have decided to remain with nationwide but switch products. LTV will be around 80-85% and NW are offering 1.64% if I pay £999 product fee (but get £250…
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Help me choose best re-mortgage option please. Details provided for you
Hi all, Apologies for being a bit of a newbie but I am educating myself as I read more about mortgages. I currently have a mortgage on a variable rate at 3.74% with Halifax. My LTV is 42% and I have £132,000 remaining to pay over a 20 year period. How can I get a better deal? Nationwide seem to have some really good…
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Remortage - advise on over payments
Hi My fixed term mortgage is up next month so i had been looking to remortgage with our existing provider - nationwide I was looking to get the LTV reduced down to below 75% to lower the APR. To do this i have been over paying my mortgage. However nationwide have now advise me that they do not include over payments when…
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Endowment Matures end March and Brexit
I have an endowment policy with Standard Life that I have been paying into for 30 years. It matures on 28th March this year just in time to coincide with Article 50 being evoked. Does anyone have any advice on what I can do to protect this? Can I ask them to delay the maturity date? If I cash in early I will lose £4,000…
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Remortgage during Brexit
We bought our home 2 years ago on a 2 year fixed rate mortgage, we currently pay £705pm and the mortgage will revert to monthly payments of £890 if we don't remortgage. We want a fixed rate mortgage and have the options of 2 year fixed @ 2.14% initial interest (we would remortgage after the 2 years) - paying £613.35, 3…
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Advice needed please
We are planning on selling our house and buying another one at some point this year. When we bought this house we were told we needed life insurance we have the decreasing kind. Things have changed and my husbands medical history is quite complicated. Not going to go in to detail but it would be either very expensive or…
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Consent to Let on Help to Buy ISA
My girlfriend and I bought a house last year using the Help to Buy ISA incentive. We are looking to go travelling for a year or so and want to apply for a Consent to Let from March (mortgage will be 1 year old). All I can find online is about permanent renting in exceptional circumstances (armed forces etc), but nothing…
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Discharge bankrupt 7 years plus
Morning all, My husband and I went bankrupt and had our house repossessed in November 2008. We really want to make steps to buy our own home and are now in the position to start saving for a deposit. We have some debt, all interest free credit cards. Our credit rating is good to excellent now and have worked with our…
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Remortgage Advice
Morning just wondered if I could get some advice,my outstanding mortgage is £54k with 12 years left,fixed until july18.But I will only have a 1% ERC from July,my current rate is 3.09 but I also owe about 6k at 3.1%.Would it be better to remortgage July for 60k and pay loan off,and get better rate or just wait many thanks ?
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Has anyone got Mortgage PPI? Is it worth it?
If I have a leasehold flat, do I take it out covering service charge/ground rent/mortgage or does it only cover the mortgage payment
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Help - Panic over porting my mortgage
Good evening, Recently subject to relationship breakdown ive had to sell my property and go off on my own and purchase one alone. After speaking to my mortgage advisor i was informed that porting the mortgage is the best bet as its free and can be done easily. Ive sold my property and just had an offer accepted on my new…
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Self-employed & mortgage.
Hi there, I am looking for some advice on my current situation please? Me and my partner have found a lovely house that we wish to buy. We have our deposit saved and know it's a perfect home for our family and something we can afford. We have a mortgage advisor who initially has been fantastic but he is insistent that…
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Preferred Mortgages
Hi, Sorry not sure if this is the right part of the forum. My parents have a mortgage with Preferred Mortgage and there is probably about ten years left on this and it is interest only. ( I have no idea why they have this ). I know they no longer exist. My parents have not had any correspondence for years from anyone…
