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Bank account name changed without permission
I recently applied for an advance on my mortgage. My application was accepted over the phone and I was asked to submit my proof of earnings and my last three months bank statements. Then once a week I would receive an email from the bank asking for different information to process my application. On the third week they…
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First payment
Hi everyone I have paid my first payment today and it is showing on the account the money has been taken out. How long will it take to show on the mortgage account that it has been paid. I bank and have mortgage with nationwide. Thank you
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Mortgage interest
Hi Can anyone explain to me why the interest added on my mortgage each month fluctuates up and down? Our mortgage is split on 2 deals but both are fixed rates. I'd love to understand why this is. Thanks Andy
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How much of a valuation back log do Halifax currently have?
Anyone know Halifax's current application time? 85% LTV so borderline desktop / physical valuation.
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Mortgage with partner
Hello! Myself and my partner are looking at putting an mortgage application in. We live apart by around an hour, and I am planning on moving over to him. There is just something I am concerned about. I am currently working in my hometown and will have to change jobs as it will be too far too commute. Would this be best…
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Can't remortgage without valuation
My 2-year fixed is due to end in a few weeks. In order for us to switch to a new 2-year deal with another lender, the new lender says they need to do a valuation of the property because its over their threshold for desktop valuations. Because of lockdown and backlogs they said that's unlikely to happen before my current…
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Named Joint Mortgage
Need some advice please. I have a joint name mortgage with my ex-girlfriend which we took out 4 years ago now, she moved out 2 years ago and she was paying half of the mortgage which was £280 per month, I have been paying the mortgage myself over the past 2 years, if I ask her to remove her name off the mortgage, would she…
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95 ltv when?
Any predictions when they might be reintroduced?
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2 or 5 year fixed?
Hi, I’m hoping someone can help answer my question as I am utterly clueless! I’m due to remortgage at the end of July and am wondering whether, with the correct situation of impending doom, to go for a 2 or a 5 year fixed? The 5 year does work out cheaper (1.49% £649 fee vs 1.64% no fee), but i just feel nervous to commit…
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Virgin Money - Mortgage Offer
Hi all, I hope you are all well. My partner and I are quite far through the process of purchasing our first home. We had an offer accepted in late January and we were nearing the end of the process when COVID-19 hit the UK fully in mid-March. Things slowed a little after that which we didn't have an issue with, however,…
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Contractor Mortgage
Hi all, Just looking for some advice and recommendations. Never had a mortgage before, i have been contracting for 13 months under my limited company (no accounts yet) and I have 4 months left on my current contract which may be extended. Looking to purchase my first property and I was wondering if anyone has dealt with…
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NatWest and Probation Period?
Hi there, as per advice on a previous thread, we contacted NatWest to update them on my husband's new job. We have provided the first month's payslip and his contract as they requested that too. He has been in continuous employment for the required 6 months but this new job has a 6 month probation period. How likely will…
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Northern Rock exist?
My parents are currently fighting an ongoing battle with Aviva where they say Northern Rock (now NRAM) have an interest. But virgin money took over from Northern Rock when they went bust? So now Aviva will not release funds? Anybody experienced this?
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Confused FTB
Hi, we are FTB and are using an independent broker to secure a mortgage with Santander. We have passed affordability, will be using HTB and are contributing a 5% deposit. Property is new build, reserved and should be ready December. AIP received this Monday. Broker advised he would do full application the same day. We…
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Stuck on Parent's Mortgage
Hi, My friend is stuck on her parents mortgage. She lives with her parents, her parents were having financially difficulty and she agreed to go on the mortgage to prevent the loss of the house. Their relationship has broken down over the years and she is now looking to move out and have herself removed from the mortgage.…
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Halifax Mortgage - Need advice
Hi all! after trying for the third time to buy a house, I have finally found a lender that accepts a LTV lower than 25% for new build properties. I have just applied through a broker with Halifax. Long story short, my friend (with whom I am buying the flat) has been furloughed. We have declared it to the broker and took it…
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Paying mortgage fortnightly rather than monthly
Does anyone here have a mortgage or know if UK mortgage providers allow splitting their payment into 2 every fortnight, rather than once a month? This reduces interest over a large mortgage payment if interest is calculated daily. Just wondering if anyone has tried it, seems popular in the US. But not seen anything here or…
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Paying off help to buy
Hi, I need some advice on the best option to pay off my help to buy please. I purchased a house in 2015 and the help to buy is coming up in the next few months. I had the house valued and can afford to pay off with savings, however is it better to pay off with savings or to remortgage. I am looking to move to a larger…
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Mortgage for research student pls?
Hi everyone, I need a mortgage for around 25-30% of the property value, I have several sources of income but the main two are a research stipend and an income protection policy. so the narrative from the banks seems to be ‘you won’t get that funding for the life of the mortgage so we won’t lend to you’... I’m contacting…
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'Two Part' Fixed Rate Mortgage - Part 1 Ending before Part 2
Hi all, Apologies about the slightly confusing topic! I've got (well i think so anyway) quite a complicated scenario and would be interested to hear if there are any suggestions on what i could do. In August 2017 i took out a 3 year fixed rate mortgage with Accord on a property, expiring 31st July 2020. In May 2019 i sold…
