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Hold the money or take it out in 2 years?
We own a house in London which we are currently renting out. We ourselves are renting in a different area. We'd like to keep our London house and buy a second house. Our mortgage has come to the end of it's fixed rate term and we are about to sign a new 2 year lease on the rental. (for school place purposes I don't want to…
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NRAM mortgage -heliodor/topaz
apologies if there is an existing thread on this ,but can't see one within the last 7 days. our mortgage is with Nram-not great 12 years ago-but to be fair-never really caused us/them any issues. I see some of Nrams protfolio (incl ours ) sold to Heliodor /Topaz. excuse my ignorance -but not exactly high street names -and…
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do any mortgage providers offer greater than 10‰ over payments?
Hello, do any mortgage providers offer greater than 10‰ over payments? I'm self employed and about to get my first mortgage. I'll be playing it safe with the monthly payment but if I have a good couple of years then it woukd make sense to overpay as much as poss. Ive seem some HSBC allow 20‰ but i can't find a table or…
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I want another mortgage after paying one off
Hi I'm looking for a loan to pay for an extension to my house, for which I paid the mortgage off some years back. But now want to borrow again. The thing is, I'm not a first time buyer, nor am I really remortgaging! it's only a small (30K) loan, so I should be able to get a good rate (LTV =13%) so I'm keen know what my…
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Which banks take 100% of your earned commission when you apply?
Hi guys, I’m hoping somebody on here will know the answer to this... My wife and I are looking to move house in spring 2020, she is on a fixed salary as a teacher, and my role in sales is heavily commission based. Having looked at a few mortgage calculators I’m curious to find which banks/building societies take 100% of my…
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Single vs Joint Application on Remortgage
Hello We have a mortgage soon coming to the end of the fixed term offer before reverting to the SVR so am looking to remortgage. When going through getting a decision in principle, it asks whether this will be a single or joint application so it has got me thinking which would give likeliest chance of success. Current…
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Santander overpayments - term reduces BUT may be a problem with regular payments...?
I am keen to overpay on my Santander fixed rate mortgage, especially before I remortgage this year. I'm aware of two types of overpayment - a lump sum and a regular amount. I was under the impression I could just over pay a regular standing order amount for as long/short as I wanted. Upon speaking to Santander, they said…
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what happens when the property you are buying is up valued?
what happens when the property you are buying is up valued?
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house not selling , keen to buy in France
Hi we are wanting to buy a house in France ours in UK is up to sell however nothing seems to be selling we was looking at ways to get the ££ were also mortgage free, No loans, no credit owed kids all gone ? We feel equity release is not appropriate, Our bank won't agree mortgage as were semi-retired which leaves a bridging…
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Partners info
Sorry me again... So our mortgage is in my partners name, everything is supposedly fine and a offer is imminent... But theyve just asked for my date of birth, which is weird as its nothing to do with me, broker said its fine it wont affect the application offer its just because my name is also on our electoral roll, is…
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Overpaying mortgage vs Cash ISA
My partner and I own a property on a low-LTV (<40%) interest-only mortgage with about 150k outstanding that I am keen to overpay and reduce as rapidly as we can. The interest rate on the mortgage is 1.37% fixed until mid 2021. I would like to make over-payments every month to the mortgage (up to the 10% ERC free limit) but…
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Santander mortgage
Hi all, Was just wondering if you could give me some advice. Mine and my Partners mortgage was sent off to Santander on Friday from our Mortgage advisors. The builders rung today to say a survey has been booked to view the house for next Tuesday. Does this mean that they have checked all our credit etc and are happy to…
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Halifax yearly check to ensure monthly payments are on target
I received a letter in the post from Halifax, to inform me they are introducing yearly checks to make sure my mortgage payments are on target. To quote "Why your monthly payment may need to change" If you've made overpayments. If you've had a fee or cost added. If you've had arrears. These changes could mean a change to…
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Small mortgage or loan?! Help!!
I have recently sold my property and intended to be a cash buyer. This was a great plan but now my criteria for a house has changed....I got fussier and decided that I only want a detached house. After living next door to the neighbours from hell for two years I cannot mentally take the risk of buying a semi detached…
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Bluestone mortgages after drafty account
Hi everyone. Will try to keep this short. Applying via broker with Bluestone mortgages. Full app goes in tomorrow. They already have all documents. Me - £16,202 - self employed, 1 default, settled, over 4 years old, 1 CCJ, settled, over 4 years old. Husband - £26,000 - self employed, settled CCJ, overv4 years old. We had a…
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Mortage for non EU national
Ok so sorry if this waffles on a bit. I feel like I'm a bit stuck at the moment and was looking to see if any one has any advice. I I'm an english national and have lived here all my life, my partner however is non E.U, having lived here for 7 years we thought we wouldn't be coming up with the issues we currently are.…
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Help choosing between offset and normal mortgage
Hello, We're looking to buy a property and would be taking out a loan of £319,000. After paying our deposit and moving costs we'll have around £50k in savings and would hopefully be able to save around £12k per year. I'm trying to decide whether we'd be better off getting a normal five year fix at 1.58 or a five year fix…
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Family boost mortgage
I have been looking at family boost mortgage schemes with Halifax to help my son. Has anyone had any experience of this? As an investor it seems good but wondered what other users experiences have been like.
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Can I change to another remortgage deal?
Hi, I recently signed and accepted a remortgage offer form, which the bank has now confirmed that they have received, and that it will start once my current old mortgage deal with them runs out at the end of this year. My question is; I have noticed today that they have now introduced a newer cheaper rate deal, with they…
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Halifax Mortgage Advice
I will call them Monday if no one has a definitive answer, but I am 2 years into a 5 year fixed rate period. I am selling to move. Will be using Halifax again for various reasons I imagine but the current mortgage is just in my name, and I will be applying for a joint mortgage with my husband and increasing the borrowing…
