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TSB Porting
Hello I currently have a 5 yr fix that ends nov 2022 at 1.99%. This is set to move onto HVR. I am looking to move house and I am tripling the borrowing and increasing the term. The tsb website says “ If you are moving home and are currently on the Homeowner Variable Rate (HVR), or Buy-to-Let Variable Rate (BTV) (or will…
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FTB Adverse Credit Mortgage Advice
Hi Everyone, I'm in a tricky situation. I am a young, single mum with two children and I really would love the security of owning our own home. I am in a stable job that I have been with for over three and a half years and my earnings including commission work out to be about 20k, this is part time as well because of my…
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Moving on a secondment wage
Hi We are looking to move in 2020. However i'm just starting a secondment role which is until Sep2020. It's good as it means a pay rise so I was hoping this would mean we could bore w more money. But I've heard mortgage companies don't take the secondment salary into account?! We are with santander and hoping to stay with…
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Salary Sacrifice impact on mortgages nowadays?
Hello - I know in the past that salary sacrificing into pension has impacted mortgage offers as it reduces take home pay for a number of months, but do lenders still consider this a factor now that salary sacrifices can be edited monthly rather than annually? It currently suits me to sacrifice 50%+ of my salary, but my…
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The mortgage lender - TML
Hi wondering if anyone else has had a mortgage with the mortgage lender there seems to be very little threads about them Full application went in 9th December all fees paid etc since then apart from one question regarding a direct debit there has been nothing Just a bit anxious as when the application went in there site…
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Equity release on grade 2 listed building
Hi I wonder if anyone has successfully got equity release or a lifetime mortgage on a grade 2 listed building in Devon. I have a leasehold flat with 25% shared freehold with the other 3 flat owners. I have heard there can be difficulty with both it being in a grade 2 listed building and also because it is part freehold.…
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Changes in affordability
Hi all, I have received great advice here so far so have a question, this one may be a “how long is a piece of string” question though. I’m staircasing on a shared ownership property over the coming months. are our lender and we need to use them to borrow more for now. They are currently willing to lend us £175k more than…
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Will I get a mortgage?
Hi there, new to the board and I have a few questions if anyone can help please. Current situation is !!!!!!-approx £25000 of secret debt which is causing me anxiety and stress. However, I am paying it back and should have around 4000 left in 3 years. In 3 years time I’d like to apply for a mortgage, I have a lump sum due…
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Santander mortgage question
From using online mortgage calculators it seems that Santander would give us 5 x our salary. This makes me want to use them, but are they going to take costs off when you go through the actual application? As they only mention credit cards, loans and school fees, none of which we will have. Can anyone help answer? :D
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Using LISA to immediately overpay mortgage??
I'm looking at a LISA for a Shared Ownership property, so the mortgage will only be about £53k. Minimum for my product is £50k I was thinking of 'topping up' my LISA (not used it this year) to get an extra £1k from the government. Would I be able to transfer the whole lot to the solicitor and they then pass it on to the…
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Anyone else waiting with Santander?
My husband and I have reserved a newbuild using the help to buy scheme. Our broker submitted full application on Wednesday 18th and we’ve received the hard credit check, our broker said valuation is booked for this coming Monday and subject to that being satisfactory we will get our offer 3-5 days after. Just wondering if…
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Valuation - am I correct?
Hi, I am just looking for some confirmation I have calculated the below correctly. We purchased an initial share in our shared ownership home in March 2019, the house was valued at £317,500. Today, I had a valuation of £305,000 as we are now staircasing... the house is a new build so I was expecting it to drop a bit. My…
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Bank of Ireland is the worst lender - avoid them
I just thought I would warn anyone thinking about borrowing with this bank (including through Post Office money) to look elsewhere. Their customer service is the worst of any bank I have dealt with - they give misleading and false information on charges, cannot even get through to the right person half the time after long…
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Buying a 2nd house
Hi, My family and I are looking to move house next year. We currently own the house we are living in. It's the first house we have owned and so we have never moved from owning a house to another house we would like to own. How does it work when buying the new house? Would we need to sell the house we are in first and use…
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My Ex Wants More Than Half of the Sale!
So, to cut a very long story short my ex walked out on myself and our 10 week old son in the beginning of April, leaving me with £1300 of bills p/m on maternity wage of £550 a month. I went back to work full time when my son was 14 weeks old, but my ex's behaviour since has made me want to sell and move away. I only have…
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Extend mortgage
Hi New to this site looking for advice , My mortgage comes to an end in 18 months after 14 years , Can you extend a repayment mortgage term? I'm with Barclays paying an interest rate of 1.4% ,I'm looking to do some major house improvements ,new roof etc and was hoping to add to my mortgage balance
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Mortgage - New Customer v Existing Customer Rates
Hi all, my current mortgage deal comes to an end at the end of January and I'm looking to transfer to a new deal. One of the best rates I have found it with Lloyds for new customers. My current mortgage is with Lloyds but the rate being offered to existing customers is considerably worse - to the tune of £2000 over a two…
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Mortgage Help!!!
I don't think I can be the only one ever in this situation so really looking for some help of where to look for more information or advice. Both my husband and I have been married previously and owned our own properties. For a variety of reasons we no longer have those properties or any equity from those - so essentially…
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Let to buy mortgage
Is there any high st lender who offer this or I need to go via mortgage advisor only? I have high equity in my current home, so planning to release equity from this to buy a new house which will count as deposit. I shall then move to new house after letting my current house.
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Misold endowment policy
Can someone please tell me if the time limit on claiming for misold endowment policy has passed. I purchased an endowment policy ( norwich union ) in 1990 which had a shortfall. It was being investigated by a claims company but they claim the mortgage lender ( leeds permanent b.s. Now halifax ) have destroyed my mortgage…
