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Pension linked mortgage
Hi all, In 1995 my wife and I purchased our first home and took advice through John Charcoal. Consequently we got a pension linked mortgage: Mortgage with Abbey National and Pension with Scottish Life. We then sold the house in 1999. 1 - Could this have been miss sold to us? 2 - I lost track of the pension as we moved. As…
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Any experience with adverse credit history and obtaining a mortgage with Barclays
Hiya, I am interested in hearing from anyone who has managed to obtain a Help to buy mortgage with Barclays who have had adverse credit in the past. I would also like to hear from those who weren't successful, and what credit issues you've had. Thank you in advance
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Remortgaging Issue?
A bit of a back story. My ex and I bought a house together about 5 years ago and have kept the house with her living there (I now rent somewhere else, she covers my mortgage in the owned property). We have decided it's probably in our best interest to sell the house in about 5 years rather than now. Therefore with my…
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Missold mortgage. Can I claim back for endowment
After seeing Martin Lewis on TV years ago I began talks with my mortgage lenders and they agreed that I had been missold my mortgage and that I should have been given a repayment and not an endowment. I had to pay a fee to get a fixed rate but I don't remember getting anything back for the money I paid for the endowment…
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Change mind on a re-mortgage application after submission?
Hi, My broker essentially offered me one option of a 2-year fixed term mortgage. After we met, I signed one of their forms and so began the process of submitting all my evidence of income documents (mortgage statements, bank details etc). They then submitted the application yesterday, but I did some more research and have…
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Partner and I are both home owners planning to move in together
My partner and I are both already homeowners but have decided to move in together at some point in the next 12 months. Our preferred option is for me to sell my house and move closer to him and for us to live in that house. Whilst he keeps his flat in order to rent it out. Would he still be taxed on the full amount of rent…
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Product no longer available?
My broker found me a really good mortgage product last week and got me an AIP from the lender. I found the product directly on the lenders website the other day, went to look at it just now and it says 'sorry, product no longer available'. A full application is just about to be submitted to the lender, but I'm getting a…
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Interest only mortgage
Good morning We have been advised by husband's accountant to maybe take out an interest free mortgage. We own 2 houses already,which we rent out.,mortgages paid off. My husband is self employed,I do not work,I'm 63, We would like to carry on the renting of both properties We have about £70,000 sitting in savings accounts…
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Where should we save our deposit?
My partner and I are currently saving for a deposit on our first home together. I am a FTB, he is not (although he is not currently an owner). Where should we keep our savings? We are aiming for somewhere in the region of £20-30k. I’ve heard of LISAs and HTBISAs but I hear they are capped and some only suitable for FTBs?…
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Gut feeling I paid off my mortgage but I am still paying!
Purchased a house back in the winter of 2001 and been with the same small bank ever since making monthly payments. The original mortgage was for a period of 20 years. I obviously have been paying it off at a much more rapid rate since the rates have dropped. I have a gut feeling I have paid off my mortgage by a significant…
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Remortgage possibilities
Hi. Me and my wife we are separated now for 2 years. We have joined mortgage together and I want my name taken off from that mortgage so I can get mortgage on my own. Problem is she took a loan for car last year and if bank ask her to clear that loan off she can't do that. That mean she won't be able to remortgage house .…
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How soon should we start the Mortgage Application
Dear all, We have paid a reservation fee for a property which will be completed by October. The property management agent introduced us to a Mortgage broker few days ago and they want us to start the mortgage applcaition straightaway. They already found Nationwide as the only lender for us and now ask us to submit the…
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Aldermore Lending Criteria
Hi Looking for some help...... Myself and husband have been paying off all our debt through a DPP since June 2014 we have 1 year left on it and around £10k outstanding. Currently looking to perhaps sell our current property for 160k and use £70k equity to pay this off and use remainder as deposit for new home. Been in…
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End of fixed rate question
Hi Remortgaging with a new lender. They will settle my existing funder on the 30th June when fixed rate comes to an end. I assume my next monthly payment on 1st isn’t then due to be paid? Should I cancel d/d now? Many thanks
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Overdraft, mortgage question
Hi all I was just wondering the impact an authorised overdraft has on a mortgage application. I have been asked to provide 3 months bank statements. My limit is £1500. March shows me as being overdrawn £600 by the end of the month (some of the month the account was in credit), April the account was in credit the whole…
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What to do with lump sum for deposit?
Last year I was lucky enough to receive a lump sum of £45,000 to be used towards purchasing my first home. When I initially received it I put it into a 1-year fixed-rate account (2.02% interest). That account will mature in September, around the time I plan to start looking for a property. My question is - what should I do…
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Lenders with highest income multiples on affordability?
Afternoon all, In the traditional mortgage quandry of being able to afford the payments but not able to quite rack up enough multiples of joint income to hit the lending amount. Does anyone have any recommendations of lenders who utlise higher values? For info if required looking to remortgage to a total of c.£430,000…
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How far can you claim for a miss sold endowment mortgage
Hi i would Iike some advise if possible. We was mis-sold an endowment mortgage with London & Manchester in the early 80's. Do you know if i am eligible to claim and if so who do i need to go to. London and Manchester no longer exist but were known for this. your help would be greatly appreciated.
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Mortgage Home,Life and Critical Insurance
Hi everyone I have a mortgage offer from the bank and at mortgage appointment I was quoted for Home,Life and Critical Insurance which seem quite expensive. Any thoughts/recommendations on insurance?
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Equity Release for SIPS House
We are a couple of months away from completing our Eco SIPS House in Aberdeenshire. It has Solar Therma, Solar PV, ASHP, UFH and a Powewall 2 and the construction consists of a 150mm reinforced concrete raft foundation with 150mm thick SIPS panels clad externally with Treated Larch. We are both well into our 60's and once…
