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Is there a mortgage out there?
Hi, About 6 years ago we hit some trouble and I have 5 defaults all just over 5 years old. On top of this I stupidly took out a payday loan about 19 months ago not realising the effect this could have on a potential mortgage app. However everything has been paid off for 2 years+ and we have found a great house…
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Best or typical BTL rates?
Hi all I posted the thread below 3.5yrs ago, it won't let me bump it, so i've started this one. https://forums.moneysavingexpert.com/discussion/4827716 Hi guys I own a rental property 50/50 with my brother, we did live there, but he relocated abroad and i relocated to the North so we let it out with consent to let from…
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Porting a mortgage?
Hi, hoping someone can give some advice... We are just about 1 year into a Santander 2.5 year fixed mortgage and we also used H2B. Our circumstances have changed somewhat in the last year and by the summer my partner and I will be earning roughly £85,000 between us, where as when we obtained our mortgage we was earning…
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Interest Only Mortgages
Hi. I'm pondering what to do. I took out an interest only mortgage abut 8 years ago to buy my ex husband out of the property. I chose this mortgage as at the time it was the only way I could afford to remain in the property. I was able to get a life time tracker mortgage that is 2% above base rate i think. Off the top of…
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Change of address during applying for a mortgage
Hi, I'm currently in the middle of applying for a house, the application is nearly finished. I've lived in a houseshare for the last three years, same address. Life circumstances force me to consider pulling out of the application, moving out and renting somewhere else while I search for a new property. Can someone…
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How long for funds transfer from Nationwide
Does anyone know what time mortgage funds would drop into my bank account if requested from the Nationwide on Tuesday afternoon about 5.20pm They quoted 3-5 working days, but in these days of faster transfers it seems a bit long. The fact they aren't here yet at lunchtime Friday, is there any chance they would appear…
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Buy to Let
Hi I have a house I'm looking to rent out whilst I'm working abroad. I do not need to get a new mortgage as my accommodation abroad is free. Do I need to convert my existing mortgage in to a buy to let mortgage?
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Just starting out......
Hi everyone 👋🏻 So me and my husband are just about to start saving for a house.....we finish our dmp 1st June and will be £500 a month better off! We both have 3 defaults each which are now around 4 years old. What would you say be the best way to save? Help to buy isa? The new lifetime isa? It's all so confusing? Would we…
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5Y or 2Y fix on additional borrowing?
Got 180k or thereabouts on a 3.73% fix til Dec 2020 this was a 5 year fix intially. We are moving and porting current deal, and borrowing about an extra £70k. Our options are 2Y or 5Y fix, expiring Aug 2019 or Aug 2022. 2 year with fee is 1.72% 5 year with fee is 2.73% Hoping this will be a 10 year + house. Basically…
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MSE News: YBS wades in on mortgage price war with lowest rate EVER of 0.89%
Yorkshire Building Society has taken the lead in the race to offer the lowest mortgage deal...Read the full story: 'YBS wades in on mortgage price war with lowest rate EVER of 0.89%' Click reply below to discuss. If you haven’t already, join the forum to reply. If you aren’t sure how it all works, read our New to Forum?…
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Re-mortgage for 60 year old with bad credit
Due to circumstances out of my control, my Dad died, my husband walked out and left me supporting 2 children, caring for my Mum with dementia, I had a heart attack caused by stress, my brother stopping Mum paying me expenses for looking after her, my buy to lets all needing double glazing, my child tax credits were stopped…
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Early repayment of help to buy.
Hi We are looking at HTB with a 55% deposit, 25% mortgage (minimum allowed) and 20% HTB equity loan. We actually have enough saved for a 70% deposit. My question is, if we repaid the mortgage from the left over savings (plus a bit more hard work saving) within the first 5 years can we carry on just paying the 1.75%+ fee…
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NatWest mortgage application
I am currently applying for a NatWest mortgage via a broker. The broker has just informed us that surveyor will be carrying a survey(on the property we are hoping to purchase) on Monday - is this a good sign? Would they bother with a survey if they didn't think our appplication was going to be successful, finding this very…
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What kind of survey?
Hi Everyone Going to view property for 2nd time tomorrow. If all goes well (few questions we want to about what is / isn't included in service charges for flat. Services charges are £1300 per year. It's two building with 27 flats. Roof has just been done & so has lift. The flat we are looking at is at the top so nobody…
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question about mortgage and debts being settled on sale of property
removed by poster
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Mortgage after reposession
I have used this site as a source of information, advice and support over the years but have not posted often. I regularly would search to see if there was evidence of anyone gaining a mortgage after a repossession but never found anything positive. So I wanted to share that after a voluntary repossession of a flat in…
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Help to Buy
Has anyone gone through help to buy, where government lend you 20% to add to your 5%? Specifically with Redrow? On the application it asks for the sellers conveyancer, do you just put Redrow? There is also a section asking for earnings and outgoings, which isn't a required section. Do they ask for this afterwards anyway if…
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Repo Advice
Hey all, Just wondering if I could get your thoughts on the following situation: A month ago I put in an offer for a repossessed house. All was well until my solicitor pulled out the deeds and it turned out the road outside the house was a private road in which I would be buying a quarter of. My solicitor went back to…
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How to become an Independant Mortgage Broker?
Hi I am currently an Executive Assistant (have been for 10years now) and fancy a career change – I am good with numbers, proactive and have an interest in property hence the reason for looking into becoming an independent mortgage adviser. I was wondering whether any can answer my questions: * Has anyone done this journey…
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Cash + Mortgage and shared ownership
My wife and I would like to buy a house (as first time buyers). I have an income from permanent, full-time employment, but limited savings. My wife is a full-time parent so has no regular income. However, she does have substantial cash savings. We'd like to buy a house sharing the ownership 50/50. I'd like to get a…
