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Nationwide switching and then changing?
Hi all. Now this probably sounds a bit extreme for the sake of a few months, but that could be a long time in Brexit Britain. My mortgage is up soon and nationwide allow you to switch within 3 months of your current deal ending. My question is, is there anything stopping me switching to a tracker with no ERC and then…
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Mortgage Broker unexpected fee
Scoured the web trying to find anyone who may of had a similar thing to no avail, hoping someone here may be able to put my mind at rest! FTB 3 years ago, used a mortgage broker, who were brilliant, and as i recall i paid no fee, they took commission from the lender... This year selling up and buying another, decided to…
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Help please. Commercial/mixed use mortgage needed asap.
Have just viewed a vacant property and want to make an offer. Used to be a residential house plus an animal type business. House unfit for occupation at present (no electrics and boiler condemned). Plan to do up house as main residence for both of us, convert animal bit into a small business (predicted turnover about 5-10k…
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Help to Buy mortgage - after fixed term ends?
Hi all I have gone back through older previous threads but as Help to Buy has got older I am sure the situation has changed somewhat. I am wondering what people's experiences (help to buy home owners and brokers) are once their initial fix ends? We are starting out with a two year fix from Santander. I understand they do…
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BTL Mortgage Renewal with no income
My 5-year fixed term has run out and I am ready to renew my mortgage. But my situation has changed. I have been travelling abroad for a while and currently have no UK income. So my situation is this: - Perfect Experian Credit Score (999) - 100% record of mortgage payments made on time - No income other than the tenants…
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Paying my Mortgage with Paypal
Good morning, does anyone know whether it's possible to pay your mortgage with your Paypal account? I would be able to accumulate a huge number of Avios/Amex member rewards points as it is linked to my credit card. Would there be any adverse credit rating issues as a result? I know it does look bad if you pay your mortgage…
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Waiting on offer from Nationwide
The wait is killing me, I know I have to suck it up and just wait it out but I just want it now :rotfl: Valuation was due to be done Thursday past but was done on Friday instead, going to call our broker on Monday just to make sure everything went ok. I've spent the past few nights reading on here of people's past…
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Booking fee
Hello there, I am looking at remortgaging and the bank tells me that it is cheaper to add the booking fee to the mortgage itself. I would have thought that paying the £999 booking fee upfront would be alwayscheaper because it doesn't add to the interest to be repaid and the lenght of the mortgage... How is it possible that…
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Mortgage with good lodger policies
I am getting a residential mortgage on a 4 bedroom house, which I will be living inside. Whilst also living inside the property, I would like to have as many lodgers as possible (e.g. use all 3 bedrooms with informal agreements). Which mortgage providers have lenient and strict policies for this? (NOT talking about consent…
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Getting on the ladder
Hi everyone I am looking to get on the property ladder after happily finding out we have our first child on the way. The bump was not an accident but we might have slightly underestimated how quick this whole scenario has panned out! I have a small amount of cash, with the possibility of getting my hands on a little more,…
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Time for a pension mortgage
Hi, I'm wondering whether our circumstances fit a pension mortgage. We've got 150k left to go, house value 500k, with 14 years to run. My wife has a pension pot worth 150k and total contributions per year going into it are 15k (employer and e'ee) and we add another 5k at xmas bonus time. We're wondering if we switched to a…
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Refused transfer of equity application
Hi I'm writing this on behalf of my partner in the hope ther maybe an easy solution to her problem. When she split up with her previous partner the only way for her to get a mortgage on her home was to add her son to the mortgage. This has been for 8 years and the time has come for him to buy his own home. 5 years ago her…
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Can only get a mortgage if my partner doesnt live with me?
Hi, I've just been turned down for a moregale application. It's in my sole name and the deposit is all coming from me with some gifted from parents. The lender has turned me down because they are uncomfortable with my living arrangements and will only lend to me if my fiancee does not live in the property with me. Is this…
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Nationwide Mortgage Valuation
Hi all, I have a fixed mortgage with Nationwide which is ending in a couple of months. Looking around they still have the best deals. This morning I have went through their online switch and their new Offer has an estimated value lower than what I bought the house for 2 years ago. Now I can kind of understand that, as with…
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Deeds and Re-Mortgage Application
My mother and I just completed a new build property and we're looking to re-mortgage this in order to release some equity. We're in the process of completing the paperwork associated to the deeds and the solicitor asked whether we wanted to go 50/50 or 5/95 on the share. Does this difference in split affect how much money…
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Advice needed - which LENDER
We have put in an offer on a house that is going to have some land split . We are aware that this can take upto 60 working days but reassured by our solicitor that as long as the draft documents have been submitted to land registery we can still exchange ! HOWEVER we had applied through Nationwide as that's our current…
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Remortgage in 3 months time and Car written off
Hello We are looking to remortgage in 3 months time as we will be in the last 3 months of our fixed term then. We decided to keep clear of extra spending to keep our statements clean but last week our car was written off by the insurer due to an incident. The insurer paid £2000 and we are looking to buy another one and…
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Mortgage, my story. There is hope for everybody!
I'm a first time poster but a long time reader. My husband and I have been trying to buy a house for about 2 years now. We started off by approaching our local Building Society who said we had some work to do before they would lend to us. We both had poor credit scores, ignorance and stupidity in the past had got us into…
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Lost Deeds Santander
My son is in the process of buying his first home here in Belfast. All seemed to be going well until his solicitor informed him that the deeds to the house he was buying were part of the ones held for "safe keeping" by Bradford and Bingley that were lost in a fire at their deeds storage depot. The same Bradford and Bingley…
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Architects Cert v 10 year warranty
Hi, Just wondering if anyone has had any experience of getting a mortgage on a new build property with an architects certificate but no 10 year warranty? We have put in and had an offer accepted on a new build property (independent builder with good reputation) with a 7 year architects certificate. We went right through…
