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rbs ripping off existing customers
So, the best deal I can get switch my existing buy to let mortgage with RBS to a 2 year fee free fix is 3.28%. However, as a new customer I could get 2.22%, over 1% and nearly a third cheaper. I pointed out to a nice customer services operator that the RBS website says "get the best rates available when you switch' and…
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Santander online rate 1.09%
nyone taken out the the 1.09% online special rate at Santander? For an LTV of 75% you can get a rate of 1.09%. Deal is fixed for 2 years and is only applicable online. Fees are around 1k but I don’t think there is anything else in the market at the moment that can beat this. Any one else got a better rate?
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Seperation Deeds
Hi do I need involve a divorce solicitor rather than a coveyancing solicitor if I wish to sell my home and split funds in a 60/40 split agreed by 2 parties.
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Mortgage Question - Residential to BTL?
Hi I will be looking to buy my first house (in the UK) in the next year or two but am not very knowledgeable in this space. My question is: What happens if I take out a residential mortgage but after (for example) 3 years, my circumstances change and I need to move abroad, are there methods/processes in existence to then…
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Mortgage Rates and credit scores
Hi. I am remortgaging at the moment and just wanted to get peoples thoughts on providers available for a not so perfect credit score. It's a joint mortgage and there are 3 late payments on our credit scores. We have been approved for a rate of 3.43% at Natwest for a 5yr fixed term for our 85% loan to value but I know there…
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Funds Released to Solicitor - quick question
Morning folks, got a text this morning from MA to say that the funds have been released to our solicitor. Completion is planned for 10th or 12th of January. Does this now mean that as funds have been released we can organise utilities, broadband etc? Was holding off on this in case they did credit checks for new accounts.…
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Mortgage Or Loan?
Hi, I may need to borrow around £50,000 buy a property but looking at borrowing against a mortgage seems very expensive for this amount. Would it be better to look into loans instead? I'm not really sure what the options are for borrowing in housing terms such a small amount (it's still a lot of money to me).
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Buy to let or Remortgage to buy second property
We own a house worth £700,000. As we have quite a bit of equity in the property, and my wife and I are pretty good at refurbishments and adding value to properties, we thought it may make sense to use this equity to invest in a second property. Not sure if this makes any sense, but any thoughts are welcomed! The figure…
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Re-mortgaging - Option 1 or Option 2?
Hello all, I'm looking for some help to choose from the options below, which seems like the better option to you and why? I do have savings that were going to be used for a new bathroom but I could put it towards the mortgage for option 2? I do want to start overpaying the mortgage which both these deals allow for a 10%…
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Transfer mortgage sub account to different lender
Hello, I've just had a letter from Natwest informing me that my fixed rate period is going to end soon and that I should now choose a new product. My mortgage is actually split into two subaccounts, because I moved house 18 months ago and 1 sub account is effectively the mortgage from my old house and the other subaccount…
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Redemption statements to completion
We were hoping to have completed yesterday but due to some delays with the solicitors they only requested redemption statement from current lender the last working day before Xmas. I can see it was received by solicitors yesterday. How long between receiving that can completion be set? I really don’t want to be on svr with…
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mortgage application - business ownership problem
Hoping someone might be able to help me out of a sticky situation. Story is: I'm looking for a mortgage which takes into account my salary plus retained profits within my business, there are a few lenders who do this. The problem being that whilst the company is 100% mine, when it was set up my father was added as 50%…
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Let to Buy/BTL with no other home owned
Are there any brokers out there or recent recipients of a Let to Buy mortgage able to shed some light on how well liked they are by the industry at the moment? I am currently renting a house, letting out my old house and would like to buy new house to live in. This offer was based on the principle that I could get a let to…
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A ported mortgage in 2 parts ending a year apart (advice needed plz)
Hi all, I would like some advice if possible. We have a ported mortgage with Clydesdale bank. When we moved home we borrowed more in order to secure our new / bigger home. Clydesdale agreed to this but the existing (bigger chunk of our mortgage) finishes in 2019. The remainder (smaller amount) finishes 1 year later in…
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Mortgage shortfall advice needed
I am 3 months away from the end of mortgage term with Halifax with an endowment shortfall of £29000....I know! We have received all the endowment payouts already and used them to reduce the overall amount. I will be 60 in the summer but am now willing to continue working till 65 to pay off this remaining mortgage. What is…
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Occupier consent form
I’m buying a property in my sole name which myself and my girlfriend will move into with our children (all under 17). At the moment she owns a property of her own and when she sells it will put the money into the new house. She won’t go onto the mortgage due to adverse credit. We all intend to live in the property, but not…
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Coventry Building Society Mortgage - Fees to renew fixed deal?
I am looking to transfer my mortgage to the Coventry Building Society for a 2 years fixed deal that has a £999 product fee. My current mortgage provider is the Halifax and in the past when the fixed term is up with them, I can renew to another mortgage deal with no additional product fee. I was wondering if any ones has…
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Locked into a mortgage via multiple tranches?
Hello. I wondered if anyone has had any experience with or solutions to being locked into keeping your mortgage with one provider through having multiple tranches expiring on different dates? That may sound a little complex, so I'll explain the situation using my example... I have a single mortgage with my bank on our home…
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Nationwide - Mortgage Application to Offer - Problems
So I did what most sensible people do. I applied via a Mortgage Advisor but not in branch, through a recommendation with excellent reviews.And what a nightmare it's been! I'm now a few days away from a decision, which would have been done in 11 days not nearly a month and bit. I'm wondering if I should ask for a refund as…
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Mortgage & defaults
Hi, I was looking for some opinions. My wife and I our looking to purchase a property for £355,000 and we will have £175,000 as a deposit after the sale of our property. Meaning we will need a mortgage of £180,000. Our combined income is approximately £56k per annum. However I have some defaults on my file, the most recent…
