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Pension or Mortgage
Is it better to top up a NEST pension with 5 years to go or overpay on an mortgage, without overpayment fees etc.,?
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Mortgage Crisis
Cut a long story short found a me and my partner loved. The seller accepted our offer and we went through the necessary steps. We got our mortgage offer and we’ve accepted it but now the seller has pulled out. What’s our next step please? We’ve found another house but can we apply for a new mortgage so soon after this one…
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Asking brokers- which lenders use only connells for valuation?
Hi all, please can any brokers advise which high street lenders only use connells to value properties. we are purchasing a new build. Houses around us have been valued at asking price mainly by connells... how’s has been undervalued by 30k. Thanks in advance
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End of process with Enact - A few questions
I am supposedly in the end of the process with Enact, since my property is unencumbered (no mortgage on it) and I'm remortgaging it (doing equity release) they asked me for some docs which I provided and they told me the last step is they need to get an official title for my correspondence address (not the address/property…
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Ported mortgage coming to an end
Hello, back in 2017 we had to port our mortgage to buy a more expensive property. This meant that we had two mortgages, both with different fixed rate deals finishing at different times. one of those deals finishes soon (12 months before the other is due to expire) and I was wondering how the bank determine what new rate…
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Interest Rate Reduction
My Endowment (not linked to my current mortgage) is due to mature this coming May (with a shortfall!) - will the cut in the Interest Rates announced in yesterdays budget have any effect?
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Bluestone Mortgages
Hi All, We've recently received a DIP with Bluestone, my credit file is in a terrible state and to be quite honest, I firmly believe our broker performed nothing short of a miracle to pull this off! (Lets just say- missed payments in January, payday loan 5 months ago, a DMP and 2 defaults 7 months ago... the list goes on…
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Shared ownership remortgage lenders
Hi, I bought my house with the help of a housing association 15+ years ago. They paid the deposit of 30% and have a charge on my Halifax mortgage (I don't pay additional rent).I would like to remortgage to incorporate some debt consolidation. I approached my current account provider - First Direct - but they won't provide…
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Equity Release Options
Could someone confirm if the following company is endorsed by Martin? Equity-release.uk.com Their ad comes up when searching for related keywords:
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Building Insurance - Long gap between exchange and completion
Hello everyone,I'm looking for building insurance to cover a property between exchange and completion to comply with the mortgage conditions. However, since the expected gap is around 3 months, I cannot find a suitable insurer to cover this period. I've called a few insurers over the last few days, and here are the…
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FTB - Question
FTB so please excuse stupidity/ignorance! Have been told by MB that we could get £250k mortgage with a £50k deposit. With this knowledge we have been cautiously looking at what is in our price range. Currently on at £240k is a 2 bed semi. Ideally with 2 kids we would want a 3 bed and have noticed that a number of…
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Will borrow back of over-payments affect re-mortgage in Sept?
I have a 5 year fixed mortgage with Nationwide which ends
this Sept and have been overpaying every month so have £5k in the pot which I
can get back at anytime. I had no plans to borrow back but I now need to access this
cash due to needing an automatic car for a knee injury. I will be re-mortgaging with them and hope to…
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Selling House this year - move to interest only?
We're looking to sell our house this year and re-locate.Doing everything at once seems to be too much a of a logistical nightmare: buying & selling chain, moving to new jobs, getting a new mortgage...To make things easier we're thinking of selling first, then buying chain free. We could live with family or rent somewhere…
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Consent to let for enabling new property purchase
HiMy wife and I are looking to move found and have found a property we would like to purchase. The seller is looking for a relatively quick sale, however houses where we live typically sell pretty quickly under normal circumstances. The key phrase there being "normal circumstances". Along comes this coronavirus, and I'm no…
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WWYD - 3yr vs 5 yr fix
Greetings all, Opinions sought - If you were me... what would you do/what process would you follow to decide the best option for you? FTB, borrowing £97,500 over 20 years - Repayments for both options are comfortable and I'd be intending to overpay as and when anyway. I've got a mortgage offer for the three year fix, but…
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No chain - acceptable timeframes to exchange?
Good evening all. Me again! The mortgage company have come back to let me know they are unhappy with my deposit source. My offer was accepted on the house last tuesday, so it has already been a week. I am a FTB, and there is no chain the other end. There is another route I can take to pull together my deposit, and the…
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Confused - questions for brokers
Hello lovely broker forumites, hoping you can help un-confuse me. I'm a FTB buying on HTB. I've spoken to a few brokers and they have all said different things and found me different rates! Essentially I have established that I will want to apply to Halifax. The brokers have said it needs to be a shared equity product,…
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Halifax Mortgage
Hi there, I have recently purchased a new home with my husband. We are current Halifax mortgage customers and when we had our offer accepted we contacted them and spoke through the options regarding porting our current deal (we just remortgaged in 2018 and were on a 5 year fixed rate) or taking a new deal altogether. We…
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Land registry restriction stopping me remortgaging
Hello I've been looking for answers on here for a problem I am having and have seen a post from a few years ago, I was just wondering wether anybody can help me. I bought my first house 4 years ago and my fixed rate deal is coming to an end an the mortgage advisor I used when first buying the house emailed me and said…
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Mortgage advisors/brokers.
Hi. Can anyone tell the typical fee a mortgage advisor/broker charges. Spoke to 3 over the phone, 1 charges a fee for a mortgage aip of £198 then a completion fee other 2 had a fee of £499 and £799. Im unsure about this as our first broker who helped us out was paid by the lender. Also where do you find your lender online?…
