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Buying my ex out
Hi everyone. I ve got an issue which I m writing to seek clarification about. I jointly own a house with my ex husband ( we divorced in December). We bought the house in June 2015, split up 2 years later and he moved out. We have both been paying our half of the mortgage whilst the house is up for sale. The current deal…
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Anyone on Barclays Standard Life Bank SVR?
Hi Am interested in hearing from others who may have originally taken out a Standard Life mortgage which was then bought over by Barclays. I bought my house in 2007 and have been in negative equity ever since, and therefore on SVR. Annoying, but unfortunately just one of those things. This afternoon I found out that I am…
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Remortgage dilemma....
Hi All, Hoping everybody is good, well and coping with the current climate. We have a dilemma which I'm hoping some of the good people on here could assist us with..... I currently have a fixed term mortgage (on my own) coming to the end in june of this year and my girlfriend moved in with me a few months back with a view…
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KRBS not updating the Interest rate on their tracker mortgages
I currently have a tracker mortgage with Kent reliance building society which is 1% above the bank of england base rate. However they have not updated my interest rate for the last 2 rate reductions. I phoned them today and was told they havent made a decision on the base rate reduction. I informed them they dont need to…
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Should I buy my London council flat?
HI everyone, I'm currently thinking of buying my council flat. I have lived here for 13 years and it definitely feels like home and will be our home for a good few years to come. The plan is to sell in around 10/15 years once we are ready to move out of the city. My concern is will we be able to sell? We know all about…
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Mortgage Break
Hi Guys, I recently went self-employed in January, have had some work but could do with taking a mortgage break. I have not yet told my mortgage provider that I am self employed and am worried about what they will say as my income is varied at the moment, and worse off due to corona virus. What should I do? A, Tell the…
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Consent and Undertaking by Occupier form from my solicitor - London
I understand this form is standard for anyone over 17. My partner needs to find independent legal advice. Do most solicitors provide this service and what is the average for this service? We live in London.
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Rate Reduction for Fixed Rate Mortgages
Hello I am currently on a Fixed rate mortgage. I have 1 year still left. With the recent rate cut announced can i some way convince the bank to reduce my rate too even though its a fixed rate ... ... there is a difference of nearly 1% between the current fixed rate offered and my current fixed rate Appreciate the help…
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Future Pension Pot to pay of Mortgage
Hi Can anyone answer me this please my wife has come into some money from the loss of her mum ( not a lot but enough ) but im 53 and in 2 years I can actually access if I want to my private pensions lump sum although I would have sooner left this till im around 57/58 . What I want to ask is can we if we look to move to…
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Help
Hello anyone had this? March 2020 receive letter from Halifax saying that as interest rates have gone down my new payment will be ....... April 2020 receive same letter from Halifax stating same reasons that interest rates have gone down and my new payment will be £20 more than the march letter !!!???? Cannot get through…
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Valuations
My mortgage application is currently with the underwriter and I have heard that they will not be doing any valuations during the current situation. Does this mean I am now left sweating on whether my mortgage is approved or not until they can get out and do a valuation?
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Help needed with mortgage redemption statement
Hi all, I'm hoping that someone will be able to help me with this. I am in the process of staircasing my flat (50% to 100%), and the solicitor emailed the redemption statement from Santander this afternoon. I've looked at it several times, and still don't understand how they have come to the total amount needed to redeem…
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Mortgage with default and new job!
Hi, looking for some advice regarding getting a mortgage. My partner has a steady job in the military. I am looking to go back to work in September as an early years teacher. We have 3 children, debts which will be below £1500 by the time we apply and just general bills and car finance. We’re looking to buy our first home…
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Buy now or wait
My wife and I with our two children are looking to buy a house again after bankruptcy in 2014. Would it pay to wait incase house prices drop due to the economic crisis after corona?
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Pru Endowment
My endowment is due to mature on 1 July 2020. I’ve checked the trade in value and it is looking ok but am worried that I could see the value slashed due to the covid 19 effect on the markets. I don’t understand what this could mean for me and am worried that I could see the value slashed just a couple of months before it…
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New Mortgage, old mortgage payment taken!
Hi. We have just remortgaged from Halifax to NatWest and the completion date on the new mortgage was the same day as a payment on the old (Halifax) mortgage so a payment was taken by Halifax on the day of completion. I don’t think this money was included within the redemption figures but can’t check as I can’t get hold of…
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Remortgaging and home rights
Hi, my husband is trying to buy me out of our home (of 14 years). Only his name is on the mortgage and I had home rights granted on the property to protect myself once we separated. He is telling me I must remove these rights for the remortgage (HSBC) to go ahead. I am uncomfortable removing the rights I have to my home in…
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Avia
Hi I received a letter back in February to say my endowment was due to mature at the end of March along with some paperwork I needed to complete. I did all this and returned it to them at the end of February. in the letter it told me how much money I would get. I didn’t hear anything from them so I rang them on April the…
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Train fares
Hi, I am planning ahead here, just wondering what way is better according to mortgage lenders/ or what way doesn't take as much off your monthly outgoings: 1. Taking a season ticket loan and train fare coming out your salary after tax (at a cheaper monthly price) 2. Paying for it monthly at more a month out your salary…
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Mortgage and investment portfolio
Hi all Would any lenders take a globally diversified stock market
portfolio into consideration when applying for a mortgage? My wife and I have a cash deposit of £150k+, no debt, good
credit histories and a joint income from our jobs of approx. £120k. My research
suggests that (at least pre-covid crisis) we should be able…
