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. See the Community Noticeboard for more info. 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 January 2018

Hi looking for equity release
Hi all I am fairly new here and I am looking for advice on equity release....I am unfortunately be forced to consider this due to a unfortunate run off circumstances over the last 7 years redundancy which led to debts and a remorgage deal to keep my house whilst unemployed then a marriage break up leaving me with debts…
Mortgage application stalled-Tax year overview,
Apologies if this has been covered but I’m wond ring if anyone can help. I’m in the middle of a mortgage application. The bank he requested tax calculations which I obtained from the accountant and sent off. Now the broker has advised I need the tax overview. Went to see accountant who said go online I can print it off,…
Loan before or after mortgage?
Myself and fianc! are looking to buy a house this year. We also need to get a loan to pay for our wedding. Should we do this before we apply for the mortgage or after?
Mortgage Advice Please
Hi, I am a first time buyer, looking to get a mortgage with my husband at the end of this year. I have previously defaulted on some credit accounts (over 6 years ago) but for the past 5/6 years have been making regular payments each month to pay off the debt. I was down to one last payment plan on my old Very account and…
Flat owner selling 999year lease but not "SoF"
Just wanted some advice - there's a 4 floor purpose built block were looking at. Previously 1 freehold owner but then he sold the freehold and it's now owned by a management company in which the 4 flat owners have a 25% stake / directorship. One of the owners wants to sell a flat with 999 year lease on it but wants to keep…
HTB equity loan or OP mortgage
Hi, Apologies if this is in the wrong place. I wasn't 100% sure where to put this post! Im after some advice/opinions with regards to whether it is better to OP our mortgage or look to pay off our HTB equity loan? Or whether it matters at all? It has got us a bit confused. we bought a new build house for £170,000 6 months…
MSE News: Interest-only mortgage warning
Many of the 1.67 million homeowners with an interest-only mortgage could be at risk of losing their homes if they struggle to repay their balance at the end of their mortgage, the Financial Conduct Authority has warned...Read the full story: 'If you've got an interest-only mortgage you need to check your repayment plan…
Can I get a second mortgage?
As things stand, I have a mortgage with my wife on our home and I was wondering if it would be possible to be the second person on my brothers mortgage. So me and my wife could have borrowed up to £375,000, but found a house we loved for a little over £200,000. My brother can get a mortgage himself for around £125,000 but…
Selling off land from house
Recently I got planning permission on part of my land attached to my house, after 4 years of trying. Originally I wanted to build on the plot, but I can't raise the finance, presumably because I am 61. So instead I notified the building society I wanted to sell the plot. They in turn told me I would need a valuation - they…
Paying off shared equity
When i purchased my new-build home, i was given a 25% shared equity option from the house-builders. That meant I only needed to raise 75%. WIth my deposit and a mortgage I was able to raise this and have managed to clear of the mortgage and have been mortgage-free for over 6 months. Now my shared equity loan term is coming…
advice please
Hi Guys .. new to this forum but a DFW and Old styler :) I was just hoping for a little advice. my mortgage is up from its fixed rate soon and I can apply for a new deal in march, I currently owe around 34,500 and last valuation was 100,000 but since then I have had a two story side extension and orangery put onto the back…
Expat who wants to remortgage
hi. i am currently a house owner who has remaining mortagage of around 130000. house currenlty valued at 430000 fixed rate of 5.24. penalties all included for early exit is around 5500pounds time remaining is about 3 years for no penalty exit. i am currently living and working in india. house empty except have a friend…
Remortgage - Lender request for cladding report
I'm in the process of remortgaging my flat and the proposed new lender has requested a report to confirm the external cladding of the building meets fire safety regulations (in light of the Grenfell tragedy). I have contacted the management company for our building to see if this inspection has already been carried out and…
House from parents
Hi all, Sincere apologies if this is the wrong place to put this post but I am lost of where it should go. My partners mother bought her house 25 years ago, when she bought the house it was less than £100,000 (how lovely) and it's now gone up to £450,000 due to London expansion and the building of the cross rail. He is her…
Applying for First Direct 5 or 10 year fix...
Our mortgage is due to end in June (1st sub account ends April but we want to allow the two to end and then bring them both into line). I have been looking at the following First Direct 1.94% fee saver 5 year fixed First Direct 2.49& fee saver 10 year fixed mortgage will be approx. 120k, looking at it over 21 years. house…
Possibility of buying out ex from our mortgage
My ex-girlfriend and me took out a joint mortgage in 2013, but we broke up in late 2016. She moved out at the time and I remained in the house. Since then she continued to pay half of the mortgage, and I paid for the other half and all other house related expenses. The mortgage itself was for £147,000. The house cost…
IVA but need a mortgage with a 10% deposit HELP?
Hi Guys, I’m new to the forum. Myself & husband have a IVA still listed on our credit file that started October 2013 and was paid in a full and final settlement in October 2014. Will we have to wait until this has dropped from our credit reports until we apply for a new mortgage? We currently have a home that is mortgaged…
Remortgaging shared ownership property
Having a look on the in Mortgages > Best buys (on this website, sorry is not letting me post a link) there are some great deals available. What I mean by a great deal is a mortgage on a Variable rate at a low interest rate (currently showing as 1.64%). There is also no expire date which means there is no follow-up rate at…
South East... mortgage advisor's calculations
Hi everyone, I own my house and I'm looking to sell. We should come away with £120'000 in equity from the sale. That is after fees and ready of the next house. My Salary: £41'000 Partner Salary: £30'000 TOTAL: £71'000 We have no debt, no kids and no immediate plans. Mortgage Advisor Advice They have said that we can afford…
Mortgage separation joint names
Hi I have split up with my girlfriend. We are both joint owners on the mortgage and deeds. It's looking potentially like she is going to go down the legal route of seperating. I'm buying her out. I put 10% deposit down ( 11000) she put nothing down The house is roughly worth 120k and there is 94k left on the mortgage. I've…

★ ★ ★ 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