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TSB consent to let scenario
Hi everyone. I’m wondering if anyone either knows for definitive, or could hazard a good guess, about what TSB might do in the following situation... I’ve had my residential mortgage with them since 2017, which comes to an end in November this year. For the past 6 months I’ve been renting my property out with consent to…
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Does it matter which part of my mortgage I overpay on?
Hi everyone I want to make a lump sum payment on my mortgage. My mortgage is currenlty made up of 3 parts of approx 14k, 40k and 87k as we have been with the lender a while now and have moved housed/remortgaged in that time. They set it up as a separate part each time you borrow more, although I just pay 1 payments and my…
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Mis-sold mortgage complaint - over 6 years ago
Hello everyone. I've recently got the ombudsman to look into a mis-sold mortgage that I had back in 1996. It turns out though, that they can't investigate the complaint because I didn't complain within 6 years of taking the mortgage out - unless there are extreme circumstances as to why I didn't complain. The thing is, the…
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Shared ownership advice
Hello, I wonder if someone can help please. Currently we are saving for a deposit for a house and paying down our credit card debts. I recently looked at a shared ownership home and asked for more advice, they said we need to put ourselves on the list by applying for help to buy. My question is would it be best to apply…
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Mortgage advice - First time buyer, on a DMP
Hi All, I am looking for some advice please. I privately rent with my wife and two kids. Years ago I had a big gambling problem which led me to big debt. I signed up to a DMP years ago and have paid off 75% of this now. I'm now in a much better position, no gambling, kids are at school and my wife is going to return to…
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Natwest interest only
Hi, I am looking at getting a interest only mortgage with Natwest. I have seen there criteria which is fine - https://personal.natwest.com/personal/mortgages/mortgage-types-and-rates/interest-only-mortgage.html#caniget The house I am looking at is £350k and I will be putting down a £110k deposit. But the broker I am using…
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Help to Buy LTV
Ive been watching the market for a while as buying a BTL - but on hold for the moment. So just focusing on my son - aged 21 in July My son has decided he wants one of the new flats near me - a one bed. We have talked for England about second hand but nope ! https://www.bellway.co.uk/new-homes/thames-gateway/st-georges-park…
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Mortgages and inflation/deflation
We're trying to decide on what actions we should take if we have significant inflation/deflation in the coming 12 months or so. We have the option to increase our mortgage over-payments but currently holding savings as a safety net in these uncertain times. Inflation: * Interest rates increase * Salary increase (not…
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Help needed in understanding charge on house. Thank you in advance
Hello there, really appreciate this... Bascially I've been a single parent for a long time now. Did not get a financial settlement at the time, ran out of steam in court as the whole thing was very difficult and I was quite ill with it all. Instead got a financial order instructing now ex husband to 'execute a charge in…
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Overpay vs Keeping as deposit
Hi everyone! I have been exceptionally lucky and been given £10k of "early inheritance" which my parents are demanding I take to help me in my next / current house! We are currently undecided as to whether to put the whole amount into an overpayment of the mortgage (we can overpay approx £13,200 this year) or to keep it as…
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Condition of mortgage - fix garage roof within 6 months
Hi everyone, we completed 1 month ago and we had to sign a form with our solicitor that we would get the garage roof re-felted within 6 months. Just wondered if anyone had ever had anything similar as a condition to the mortgage? And will i be required to send in some sort of proof within 6 months? I only ask as a close…
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Mortgage advance
I'm thinking of asking my bank if I can borrow a small sum of money on top of my mortgage for home improvements. Has anyone done this and is there any fees on top of that ? What are the fees like ?
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Do I have to extend my garage lease?
My house is a freehold but my garage (which isn't attached to the house) is a leasehold. The garage has 30 years left on the lease and I was offered to extend it to 100 years for £3000. An offer I have yet to accept as I don't know if it's worth it. It's worth mentioning that my house was valued separately to the garage.…
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Grandmother wants to sell me her house - what to look out for? If anything ?
Hey people! So I’m in the market for a house when all this madness subsides (hopefully), now my elderly grandmother has mentioned that she wants her house to go to me as she can no longer take care of her self, and has opted to go into a sheltered housing style of living (she’s needing funds to be able to pay for her care…
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New Job Since Mortgage Offer
My husband got a new, permanent and better paid job since we got our mortgage offer. Do we need to inform the lender? I called up twice, anonymously and one person said as the change in circumstances were better, that I didn't need to do anything. The other said we just needed to send in a payslip and the contract. I'm…
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DD taken after remortgage completed, so I overpaid
I completed a remortgage on my house on Friday 1st May. The mortgage redemption amount as provided by Santander to my solicitors was redeemed via new mortgage I have taken out with TSB. But, the direct debit for the next monthly instalment (taken 1st May) had not been taken into account in the redemption figure, so I have…
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Cashback Remortgages mortgage broker
Hey,First time poster here. I'm looking to remortgage and came across Cashback Remortgages on Topcashback.co.uk. They offer fee-free full market mortgage broking services with significant cashback. Their website says, "cashbackmortgages.co.uk is authorised and regulated by the Financial Conduct Authority and our…
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Mis-sold Mortgage Advice
Hi everyone. I believe that my mortgage was mis-sold. Can anyone suggest the best way to start a claim? there are lots of companies who seem willing to help .... but which one to choose? Thanks, Dean
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Halifax Existing Customers - New deal mortgage interest rates slashed!
Anyone who had a Halifax mortgage with a deal ending 31st April has probably been in a similar predicament to myself as deals for existing customers have been awful recently during the pandemic. Options recently have been either lock into a bad deal, temporarily going on to the (even higher) variable rate or remortgage to…
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Is there a service out there offering a Mortgage Review Service
I am looking for someone to check and review the mortgage I have. It started in 1984 ! with the Woolwich then moved to Barclays, then onto Northern Rock and now Landmark. I am looking to see if someone offers a service where they can check the payments made, the interest charged, length of term remaining. I feel sure I…
