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Shall I stick to my plan of getting a repayment mortgage, or help 2 buy
Hi all, I am 33 years old, currently looking to get a mortgage sometime in 2018, maybe 1st quarter or 1st half of 2018. I am single at the moment so would be going at it alone. Basically I am looking for a property for around £125-135 or maybe £140k depending on what I find, I currently have been saving and currently have…
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Can I get a mortgage?
Hi guys, I recently applied for a mortgage and have been told that they will only lend to me on a 60%loan to value. I only have a 5% deposit and was relying on the governments help to buy scheme to make it up to 75%LTV. I do not live in london so the 40% deposit doesn't apply to me. I was a little shocked because I haven't…
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Online Mortgage in Principle offer accuracy?
Just did an online mortgage offer in principle with Lloyds. It's come out a lot lower than expected. Differs quite a bit to their online calculator too. Anyone had experience of what they were actually offered upon proceeding, and if it was roughly similar or quite different to the offer in principle?
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Currently awaiting mortgage decision change of property
Hi, I currently have an application going through with Santander for a property and the free valuation is booked for this Thursday I have just discovered there are 30 odd houses to be built at the back of the property which could cause a large number of problems over several years. Because of this I will be informing the…
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Nationwide Switching to Another Fixed Deal
My current mortgage (fixed deal) with Nationwide is coming to an end in May and I'm looking to remortgage. After searching for mortgages and seeing a mortgage broker, I also realised that Nationwide offers fixed deals for existing customers with a £100 cashback incentive for staying with them with pretty much the same…
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First time remortgaging
I bought a house with a 2 year fixed mortgage at 1.99% with Accord, LTV of 75%, which is ending in February next year. They have sent me a letter saying they estimate with their house price index accounting for house price increases my new LTV to be 62.25%. If I did continue with them is this definitely the figure they…
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Offset mortgage- how is capital amount paid?
Hi there Ive looked at an offset mortgage where you can offset the whole amount with your savings and therefore you dont pay interest How does th3 lump sum get paid off at the end though? Ie 50k mortgage over 13 years , repayment Put 50k of savings against it This is supposed to reduce my payments each month- presumably to…
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Remortgage with debt consoidation
Hi everyone, I’m hoping for some sage advice Edited to remove information as I've been told it might be too identifiable Thanks all for the advice. This thread can be closed
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Confused about LTV
I’ve got a question on deposits and LTV as I need clarification. Say I have £10,000 deposit but I am looking to buy a house with a home report value of £135,000 and I want to get a mortgage at 90% LTV. So I would need £13,500 deposit for it to count as a 10% deposit. My understanding is that an LTV is the mortgage amount…
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Desperately seeking remortgage advice after after passing of mother
Hello everyone, My mother passed away in 2013 and I am the sole executor of her house and hold the grant of probate. I live on my own and suffer with anxiety and depression, made worse currently by what I will talk about. I would therefore be extremely grateful if people could offer me advice on my situation. The house is…
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Starter Homes Initiative Mortgages
I'm new to all of this and looking for some advice! I've just found a great home for me and it's on the new starter homes initiative so is 20% discounted against market value. I've spoken to the broker that the housing developer use and he has said that there are very few lenders that provide mortgages for this at the…
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Re-mortgaging to buy abroad
I am planning to move to NZ and have found a house there is like to buy. Because interest rates are so much higher there, it seems to make sense to remortgage the house which I own outright here. But I have no idea how to do this & I live in the far north of Scotland, miles from anywhere to get any advice. I have no debts…
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Remortgage Santander mortgage at over 70
Our mortgage with Santander matures on 1 August 2018. We have sufficient income to continue on interest only. Can any one recommend which is the most reasonable lender for mortgages for the over 70s?
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Santander Mortage Process
Just wondering if anyone can shed any light on what's going. Our mortgage application was made last Monday, valuation was instructed immediately, I know this is standard with Santander. We have had various documents asked for and submitted, and the valuation is booked in for Monday. Would they book in the valuation if they…
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Should I pay off mortgage
I am in the current position that I can now pay off my mortgage should i wish. However, I am looking at moving house next year and so would I be better to keep my mortgage, port it over to the new property and use my savings on the new house. Or should I pay of the mortgage in Jan (when my ERC's go down) and look at…
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Fix to End in 2018 - Two Sub Accounts
Hi All, I have my own home where an extension was errected last year, which has increased the size of the home and effectively increased my equity. I have a 5 year fix about to end and a 2 year fix which ends a little sooner. 3.09% Deal ends 01.11.2018 Balance: Under £80,000. ERC: 1% 2.54% Deal ends 01.07.2018 Balance…
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Rental property - Equity Release
Hi, Is there any way to remortgage a rental property to release the equity. Currently, it has no mortgage. I need the money for an extension. I have been informed you can only do this, with the property you live in? Thanks, Naz
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had a mortgage 1993-96 - but who with?
Just can't remember who it was with. Is there some kind of "who was my mortgage with" websearch facility or summink?
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Product transfer with change of circumstances
Now that the deal on my mortgage is coming to an end, I'm hoping to do a product transfer. However our circumstances have changed resulting in a drop in income. Does anyone know if Nationwide ask about changes in circumstances when doing a product transfer online? Our current payments are affordable, but the SVR will be a…
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End of two year fix, do you have to pay new fees?
This must be an easy one. If at the end of a two year deal you simply want to take your same bank's next 2 year fixed rate deal, do you still have to pay the fees, which tend to range from circa £750 - £1500? If so makes it much less of an easy decision between fixing for longer if you have to up the frequency of huge fees…
